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6 warnings and an advisory in effect for 7 counties in the area

See the complete list

WEATHER ALERT

6 warnings and an advisory in effect for 7 counties in the area

SAM BANKMAN-FRIED


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

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 were 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 thatโ€™s not a smartphone while on bail.

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 canโ€™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 advertisingโ€™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.

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-Friedโ€™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.

FTX founder Bankman-Fried allowed $250M bond, house arrest

Cryptocurrency entrepreneur Sam Bankman-Fried has left Manhattan federal court after his parents signed a $250 million personal recognizance bond.

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 canโ€™t move fast enough to offload contributions from the disgraced crypto mogul to anywhere but their own campaign coffers.

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.

Former FTX CEO Sam Bankman-Fried arrested in the Bahamas

The former CEO of failed cryptocurrency firm FTX Sam Bankman-Fried has been arrested in the Bahamas at the request of U.S. authorities.

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 "knowinglyโ€ misuse customers' funds.

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 โ€œeffective altruismโ€ movement.

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.

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.

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