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WEATHER ALERT

2 coastal flood statements in effect for 5 regions in the area

SAM BANKMAN-FRIED


FTX attorneys accuse Sam Bankman-Fried's parents of unjustly enriching themselves with company funds

Lawyers for collapsed cryptocurrency exchange FTX Trading are accusing Sam Bankman-Fried's parents of exploiting their influence over their son and the company he founded to enrich themselves by millions of dollars.

Former FTX crypto executive pleads guilty to making millions in illegal campaign contributions

A former top executive at the failed FTX cryptocurrency exchange pleaded guilty Thursday to making tens of millions of dollars in illegal campaign contributions to U.S. politicians and engaging in a criminal conspiracy to operate an unlicensed money transfer business.

Jailed Sam Bankman-Fried can't prepare for trial without vegan diet and adequate meds, lawyers say

Defense lawyers say FTX founder Sam Bankman-Fried can't adequately prepare for trial in six weeks while in jail without proper access to computers, necessary medications to help him concentrate, and a better diet than bread, water and peanut butter.

Testimony from Sam Bankman-Fried's trusted inner circle will be used to convict him, prosecutors say

Prosecutors say they'll use testimony from FTX founder Sam Bankman-Fried's “trusted inner circle” of former executives at his collapsed cryptocurrency empire against him at an October trial.

Judge sends FTX founder Sam Bankman-Fried to jail, says crypto mogul tampered with witnesses

FTX founder Sam Bankman-Fried has been sent to jail after a bail hearing in New York City.

FTX founder Sam Bankman-Fried's lawyers say attempt to jail him before trial is wrong

Lawyers for FTX founder Sam Bankman-Fried say prosecutors are wrong to seek his detention prior to trial because their arguments are based on “innuendo, speculation, and scant facts.”.

Sam Bankman-Fried should be jailed until trial, prosecutor says, citing bail violations

A judge is weighing whether to revoke Sam Bankman-Fried’s bail.

Prosecutors say FTX founder Sam Bankman-Fried is harassing a key witness at his upcoming trial

Prosecutors say FTX founder Sam Bankman-Fried is harassing a key witness against him at his upcoming trial by publicly disclosing personal things she wrote while she was the chief executive at his cryptocurrency hedge fund trading firm.

With Sam Bankman-Fried looking on, judge seems skeptical of request to reject criminal fraud charges

FTX founder Sam Bankman-Fried's lawyers encountered a skeptical federal judge when they argued that he should toss out criminal fraud charges their client faces after the collapse of his cryptocurrency business.

Judge in FTX bankruptcy rejects media challenge, says customer names can remain secret

A Delaware bankruptcy judge says the names of individual customers of collapsed cryptocurrency exchange FTX Trading can be permanently shielded from public disclosure.

SEC lawsuits against cryptocurrency companies raise questions about industry's future

Two recent lawsuits filed by the U.S. Securities and Exchange Commission against the world’s biggest cryptocurrency exchanges have reopened tensions between the government and a volatile industry that has been marred by scandals and market meltdowns.

Prosecutors say Sam Bankman-Fried's arguments to dismiss cryptocurrency charges are meritless

New York prosecutors say Sam Bankman-Fried's lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges alleging that the FTX founder stole from investors in his multibillion dollar cryptocurrency fund.

FTX founder Sam Bankman-Fried seeks dismissal of indictment

FTX founder Sam Bankman-Fried is seeking a dismissal of criminal charges against him, saying prosecutors have improperly turned civil and regulatory issues into federal crimes.

Lawyer: FTX founder likely challenging new crypto charges

A lawyer for onetime cryptocurrency darling Sam Bankman-Fried is signaling that he's challenging the validity of new charges contained in rewritten indictments released in recent weeks after his client was brought to the United States from the Bahamas in December.

FTX founder Bankman-Fried charged with paying $40M bribe to Chinese officials

FTX founder Sam Bankman-Fried was charged with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business in a newly rewritten indictment unsealed Tuesday.

FTX founder Bankman-Fried charged with paying $40M bribe

A new indictment charges FTX founder Sam Bankman-Fried with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business.

Public pension plan losses from bank failures seen as minor

The failures of two U.S. banks this month meant losses for U.S. public-sector pension systems that invested in them.

Bankman-Fried might use flip phone under stricter bail plan

Prosecutors and attorneys for FTX founder Sam Bankman-Fried are requesting the disgraced cryptocurrency entrepreneur be allowed a flip-phone or another device that’s not a smartphone while on bail.

Ex-FTX executive is 3rd to plead guilty in cooperation deal

A former FTX executive is pleading guilty to conspiracy and wire fraud charges as part of a deal to cooperate with federal prosecutors building their case against FTX founder Sam Bankman-Fried.

FTX's Bankman-Fried faces new charges in updated indictment

FTX founder Sam Bankman-Fried faces additional fraud charges in a rewritten indictment that was unsealed in New York federal court.

Judge suggests jail to limit FTX founder's communications

A federal judge is showing growing impatience with FTX founder Sam Bankman-Fried's use of the internet while on bail, suggesting that incarceration might eventually be the most effective way to prevent him from communicating on electronic devices in ways that can’t be traced.

FTX founder's bail signatories include 2 family friends

Two Stanford University academics signed on to FTX founder Sam Bankman-Fried's $250 million bail package, enabling him to live with his parents while awaiting trial on fraud charges.

FTX bankruptcy judge denies request for independent examiner

The judge presiding over the bankruptcy of cryptocurrency exchange FTX has denied a request by the U.S. bankruptcy trustee to appoint an independent examiner in the case.

Sam Bankman-Fried summoned to NYC by judge over bail rules

FTX founder Sam Bankman-Fried has been ordered to return to a New York courtroom Thursday after the judge assigned to his fraud case said he's communicating with others in ways the government can't monitor.

Year after 'Crypto Bowl,' crypto ads vanish from big game

Cryptocurrency companies grabbed the spotlight during the 2022 Super Bowl, with commercials from a handful of newcomers to advertising’s biggest stage: FTX, Coinbase, Crypto.

FTX founder keeps talking, ignoring typical legal strategy

Sam Bankman-Fried, the founder and former CEO of FTX, has been unusually talkative following the November collapse of the cryptocurrency exchange and his subsequent indictment on fraud and other charges.

FTX founder heads to court after judge rejects bail request

FTX founder Sam Bankman-Fried will be in a New York courtroom Thursday for a bail-related hearing despite his lawyers claims that they've settled their differences with prosecutors.

FTX's Sam Bankman-Fried, DOJ tussle over his communications

Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering in a criminal case accusing him of bilking investors and customers.

Crypto firms acted like banks, then collapsed like dominoes

Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets.

Judge approves FTX choice of law firm as bankruptcy counsel

The judge presiding over the bankruptcy of cryptocurrency exchange FTX has approved the company’s choice of a law firm to represent it in the bankruptcy.

Bankman-Fried's lawyers say car hit barricade outside home

A car with three occupants recently drove into a barricade outside the California home owned by Sam Bankman-Fried’s parents.

FTX founder Sam Bankman-Fried pleads not guilty to fraud

FTX founder Sam Bankman-Fried has pleaded not guilty in Manhattan federal court to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform.

Judge kept FTX execs' plea deals secret to get founder to US

A judge kept secret that two of Sam Bankman-Fried's executive associates were cooperating with investigators so the cryptocurrency entrepreneur wouldn't get spooked and fight extradition from the Bahamas to the United States.

Associates of FTX founder plead guilty to criminal charges

A federal prosecutor says two associates of Sam Bankman-Fried have pleaded guilty to criminal charges in cooperation deals related to the collapse of the cryptocurrency exchange FTX.

Hearing on FTX founder's extradition to US set for Wednesday

Sam Bankman-Fried will have a hearing Wednesday in a Bahamian court on his possible extradition U.S. in the coming days to face criminal charges related to the collapse of cryptocurrency exchange FTX.

FTX founder agrees to extradition to US, attorney says

Sam Bankman-Fried may be ready to come to the U.S. to face criminal charges related to the collapse of cryptocurrency exchange FTX following a chaotic court appearance in the Bahamas.

Lawmakers quick to unload FTX founder's contributions

Lawmakers who eagerly accepted piles of cash from Samuel Bankman-Fried now can’t move fast enough to offload contributions from the disgraced crypto mogul to anywhere but their own campaign coffers.

FTX paid Miami-Dade $20M for arena naming rights, so what happens to that money?

FTX had slick ads, celebrity endorsements and naming rights at the county-owned arena that was home to the Miami Heat.

‘If it sounds too good to be true, it probably is’: FTX founder arrested, denied bail

One of the biggest names in crypto-currency has been placed under arrest.

Miami was once coined the ‘crypto capital’ by its mayor, but how are things looking now?

The crypto-currency world has been shaken following the arrest of Sam Bankman-Fried, the founder of crypto company FTX.

New FTX CEO says lax oversight, bad decisions caused failure

The new CEO of FTX says the founder of the failed cryptocurrency exchange helped 1,500 Bahamian investors remove $100 million from their accounts while other customers around the world were locked out of the exchange.

Lawmakers to hold FTX hearing despite former CEO arrest

The House Financial Services Committee plans to hold a hearing into the collapse of crypto exchange FTX on Tuesday, but it will likely be missing its star witness.

Ex-FTX CEO says he didn't 'knowingly' misuse clients' funds

The former CEO of the failed cryptocurrency exchange FTX says that he did not "knowingly” misuse customers' funds.

Sam Bankman-Fried’s downfall sends shockwaves through crypto

Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s first trillionaire.

FTX bankruptcy also endangers founder's philanthropic gifts

The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founder Sam Bankman-Fried in the “effective altruism” movement.

After FTX flounders, what becomes of Miami arena naming deal?

Cryptocurrency giant FTX filed for bankruptcy Friday, leaving a number of unanswered questions, including a big one here in South Florida: what will happen to its naming rights deal for Miami’s FTX Arena and the money it was set to pay Miami-Dade County over the next two decades?

Crypto exchange giant FTX collapses, files for bankruptcy

Embattled cryptocurrency exchange FTX, short billions of dollars, is seeking bankruptcy protection following its collapse this week.

Miami-Dade ‘monitors’ uncertain future of FTX amid $135M arena naming rights deal

The name of the home of the Miami Heat could change sooner than planned if FTX is unable to abide by a deal with Miami-Dade County to pay $135 million over 19 years.

AP source: US authorities investigate crypto exchange FTX

The swift collapse of crypto exchange FTX sent more shockwaves through the cryptocurrency world on Thursday, with authorities now investigating the firm for potential securities violations and analysts bracing for a further downturn in crypto prices.

Cryptocurrencies plunge as Binance scraps deal for rival FTX

Cryptocurrency prices plunged for a second-straight day Wednesday after crypto exchange Binance announced it was pulling out of a deal to purchase failing rival FTX Trading.

New crypto oversight legislation arrives as industry shakes

After 13 years, at least three crashes, dozens of scams and Ponzi schemes and hundreds of billions of dollars made and evaporated, cryptocurrencies finally have the full attention of Congress.

NBA approves deal to name Miami Heat’s home building FTX Arena

NBA approves deal to name Miami Heat’s home building FTX Arena

It was two weeks ago when the Miami-Dade County Commission approved the $135 million deal for the next 19 years.

NBA still needs to approve Miami-Dade’s $135M deal with FTX to rename Miami Heat’s home

NBA still needs to approve Miami-Dade’s $135M deal with FTX to rename Miami Heat’s home

If the NBA approves a new deal, the AmericanAirlines Arena, also known as the “Triple-A” or AAA, will be the FTX Arena until 2040. The change in naming rights is part of a $135 million deal that Miami-Dade County commissioners approved on Friday. Garcia said that although the motive is related to marketing, FTX put conditions on how the money needs to be spent. Alameda Research, a quantitative trading firm founded in 2017, backs the international cryptocurrency exchange, which is associated with FTX US. Sam Bankman-Fried, the chief executive officer of FTX, released a statement saying the FTX family “is thrilled” about the “partnership” because FTX isn’t just putting a name on an iconic building.

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