Sam Bankman-Fried will not face a second trial
By Jonathan Stempel NEW YORK (Reuters) – U.S. prosecutors said they do not plan to conduct a second trial against Sam Bankman-Fried, who was convicted last month of stealing from…
Media start-up Semafor raises $19 million to buy out Sam Bankman-Fried’s investment
By Niket Nishant in Bengaluru (Reuters) – Semafor said on Wednesday it has raised $19 million from investors including Yahoo co-founder Jerry Yang and KKR & Co co-founder Henry Kravis…
Sam Bankman-Fried, U.S. prosecutors near new bail agreement
By Jonathan Stempel NEW YORK (Reuters) – Lawyers for Sam Bankman-Fried are nearing an agreement with U.S. prosecutors on revised bail conditions for the indicted FTX cryptocurrency exchange founder, who…
Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud
By Luc Cohen and Jody Godoy NEW YORK (Reuters) – Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers…
FTX’s Bankman-Fried denies witness tampering, accepts gag order
By Mrinmay Dey (Reuters) – Lawyers for FTX founder Sam Bankman-Fried rejected prosecutors’ claims that his discussions with a New York Times reporter amounted to witness tampering but agreed to…
New York recovers $50 million for defrauded Gemini Earn crypto investors
By Jonathan Stempel NEW YORK (Reuters) – New York Attorney General Letitia James has recovered $50 million from the cryptocurrency platform Gemini Trust to repay investors defrauded in its Gemini…
Trump pitches himself as ‘crypto president’ at San Francisco tech fundraiser
By Alexandra Ulmer SAN FRANCISCO (Reuters) – Republican presidential candidate Donald Trump presented himself as a champion for cryptocurrency and slammed Democrats’ attempts to regulate the sector during a San…
Trump pitches himself as ‘crypto president’ at San Francisco tech fundraiser
By Alexandra Ulmer SAN FRANCISCO (Reuters) – Republican presidential candidate Donald Trump presented himself as a champion for cryptocurrency and slammed Democrats’ attempts to regulate the sector during a San…
Factbox -The other crypto bosses in US authorities’ crosshairs
By Niket Nishant and Hannah Lang WASHINGTON (Reuters) – Onetime crypto poster child Sam Bankman-Fried was on Thursday found guilty of defrauding customers of his now-bankrupt crypto exchange FTX, in…
Sequoia Capital, the world’s largest VC firm downsizes
When a giant cuts resources, it doesn’t look good for the entire industry. It is an unwritten law that is almost impossible to escape, especially when investments have many zeros…