The seven guilty verdicts that a Manhattan jury unanimously returned last week against Sam Bankman-Fried are just the beginning of his legal perils. The FTX founder, currently held in a Brooklyn administrative jail, has a series of decisions to make in the coming weeks and ...Read More

Sam Bankman-Fried’s upcoming trial on fraud charges marks a major test for a broader crackdown on white collar crime led by Manhattan’s top federal prosecutor: Damian Williams. Upon taking office in late 2021 as the U.S. Attorney for the Southern District of New York, ...Read More

Bankrupt crypto exchange FTX has sued former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX that it says was controlled by the firm’s ex-CEO, Sam Bankman-Fried, to recover about $157.3 million, according to a court filing late Thursday. The filing alleges Michael Burgess, Matthew ...Read More

The possibility of a Bitcoin exchange-traded fund (ETF) focused on spot trading gaining approval from the U.S. Securities and Exchange Commission (SEC) appears unlikely, according to John Reed Stark, the former head of the agency’s Office of Internet Enforcement. In a recent post on ...Read More

The Securities and Exchange Commission on Monday filed charges against a U.S. citizen it alleged raised more than $1 billion through the unregistered offer and sale of crypto securities before pilfering millions to fuel a high-status lifestyle and the acquisition of luxury goods, including the largest black ...Read More

The US Securities and Exchange Commission asked Coinbase to halt trading in all cryptocurrencies other than bitcoin prior to suing the exchange, in a sign of the agency’s intent to assert regulatory authority over a broader slice of the market. Coinbase chief executive Brian ...Read More

The New York couple charged with trying to launder $4.5 billion in bitcoin stolen in a 2016 hack of Bitfinex appear set to plead guilty in the case. The couple, Ilya Lichtenstein and Heather Rhiannon Morgan, have been newly charged in the case with a document known as an information, according to a new Washington, D.C., ...Read More