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"Binance pitched itself to terrorist organizations, narcotics traffickers, and tax evaders as beyond the reach of any single country’s laws..."
"Binance pitched itself to terrorist organizations, narcotics traffickers, and tax evaders as beyond the reach of any single country’s laws..."
 
Disgraced crypto mogul Sam Bankman-Fried, one of the top donors to the Democrat Party, was convicted on all felony counts Thursday evening in federal court in New York City.
Disgraced crypto mogul Sam Bankman-Fried, one of the top donors to the Democrat Party, was convicted on all felony counts Thursday evening in federal court in New York City.
 
FTX, the bankrupt cryptocurrency exchange formerly led by Sam Bankman-Fried, collapsed as a result of mismanagement from senior executives, according to an interim report from attorneys charged with managing the bankruptcy.
FTX, the bankrupt cryptocurrency exchange formerly led by Sam Bankman-Fried, collapsed as a result of mismanagement from senior executives, according to an interim report from attorneys charged with managing the bankruptcy.
 
Officials at the Commodity Futures Trading Commission, also known as the CFTC, filed a civil enforcement action against Binance CEO Changpeng Zhao and three entities with the company for “numerous violations” of the law.
Officials at the Commodity Futures Trading Commission, also known as the CFTC, filed a civil enforcement action against Binance CEO Changpeng Zhao and three entities with the company for “numerous violations” of the law.
 
House Republicans asked for any communications about the arrest of former FTX CEO Sam Bankman-Fried sent by officials in the Securities and Exchange Commission.
House Republicans asked for any communications about the arrest of former FTX CEO Sam Bankman-Fried sent by officials in the Securities and Exchange Commission.
 
Some federal regulators, including Securities and Exchange Commission Chairman Gary Gensler, have cracked down on a number of cryptocurrency firms as lawmakers and agencies seek to introduce regulations in the nascent sector.
Some federal regulators, including Securities and Exchange Commission Chairman Gary Gensler, have cracked down on a number of cryptocurrency firms as lawmakers and agencies seek to introduce regulations in the nascent sector.
 
More than one in three members of Congress accepted campaign contributions from former FTX CEO Sam Bankman-Fried and other affiliates of the defunct cryptocurrency exchange, and bankruptcy lawyers are finding resistance as they seek to claw back the funds.
More than one in three members of Congress accepted campaign contributions from former FTX CEO Sam Bankman-Fried and other affiliates of the defunct cryptocurrency exchange, and bankruptcy lawyers are finding resistance as they seek to claw back the funds.
 
Pfizer boasted that they had been named one of the “most sustainable companies” in the world days before Project Veritas released footage of an official appearing to admit that the pharmaceutical firm was considering mutating coronaviruses.
Pfizer boasted that they had been named one of the “most sustainable companies” in the world days before Project Veritas released footage of an official appearing to admit that the pharmaceutical firm was considering mutating coronaviruses.
 
Elon Musk blasted the environmental, social, and corporate governance movement, also known as ESG, on social media in response to the World Economic Forum advancing the ideology.
Elon Musk blasted the environmental, social, and corporate governance movement, also known as ESG, on social media in response to the World Economic Forum advancing the ideology.
 
JPMorgan Chase shuttered the college financial aid platform Frank, which the investment bank acquired for $175 million two years ago, and sued founder Charlie Javice after learning that she allegedly fabricated more than 90% of the website’s accounts.
JPMorgan Chase shuttered the college financial aid platform Frank, which the investment bank acquired for $175 million two years ago, and sued founder Charlie Javice after learning that she allegedly fabricated more than 90% of the website’s accounts.
 
Attorneys managing the bankruptcy of defunct cryptocurrency exchange FTX announced that they have recovered some $5 billion in assets to repay defrauded customers and investors.
Attorneys managing the bankruptcy of defunct cryptocurrency exchange FTX announced that they have recovered some $5 billion in assets to repay defrauded customers and investors.
 
Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
 
Reporters asked White House Press Secretary Karine Jean-Pierre on Tuesday about the several meetings top Biden administration officials held with former FTX CEO Sam Bankman-Fried, who faces several fraud and money laundering charges.
Reporters asked White House Press Secretary Karine Jean-Pierre on Tuesday about the several meetings top Biden administration officials held with former FTX CEO Sam Bankman-Fried, who faces several fraud and money laundering charges.
 
The case of defunct cryptocurrency exchange FTX and now-broke multibillionaire founder Sam Bankman-Fried is among the most intriguing stories of alleged financial crime in decades.
The case of defunct cryptocurrency exchange FTX and now-broke multibillionaire founder Sam Bankman-Fried is among the most intriguing stories of alleged financial crime in decades.
 
Current FTX CEO John Ray III, an attorney managing the bankruptcy proceedings of the cryptocurrency company founded by Sam Bankman-Fried, is earning $1,300 per hour in his current position and paying three additional executives $975 per hour each.
Current FTX CEO John Ray III, an attorney managing the bankruptcy proceedings of the cryptocurrency company founded by Sam Bankman-Fried, is earning $1,300 per hour in his current position and paying three additional executives $975 per hour each.
 
Celebrity investor Kevin O’Leary testified before the Senate Banking Committee on Wednesday regarding the collapse of cryptocurrency exchange FTX, which he had promoted to the public.
Celebrity investor Kevin O’Leary testified before the Senate Banking Committee on Wednesday regarding the collapse of cryptocurrency exchange FTX, which he had promoted to the public.
 
Former FTX CEO Sam Bankman-Fried agreed on Friday to testify before the House Financial Services Committee next week.
Former FTX CEO Sam Bankman-Fried agreed on Friday to testify before the House Financial Services Committee next week.
 
Canadian celebrity investor Kevin O’Leary said that he lost his entire $15 million payout from FTX, the defunct cryptocurrency exchange for which he was an ambassador.
Canadian celebrity investor Kevin O’Leary said that he lost his entire $15 million payout from FTX, the defunct cryptocurrency exchange for which he was an ambassador.
 
Members of the Senate Agriculture Committee discussed the collapse of cryptocurrency exchange FTX in a Thursday hearing, during which a top regulator acknowledged that he met with former CEO Sam Bankman-Fried on multiple occasions.
Members of the Senate Agriculture Committee discussed the collapse of cryptocurrency exchange FTX in a Thursday hearing, during which a top regulator acknowledged that he met with former CEO Sam Bankman-Fried on multiple occasions.
 
Democrat megadonor Sam Bankman-Fried faces spending the rest of his life behind bars after an eight-count indictment was unsealed Tuesday against him in federal court.
Democrat megadonor Sam Bankman-Fried faces spending the rest of his life behind bars after an eight-count indictment was unsealed Tuesday against him in federal court.
 
Current FTX CEO John Ray III, an attorney overseeing the bankruptcy of the defunct cryptocurrency exchange, testified before the House Financial Services Committee on Tuesday after former FTX CEO Sam Bankman-Fried was arrested and charged with financial crimes.
Current FTX CEO John Ray III, an attorney overseeing the bankruptcy of the defunct cryptocurrency exchange, testified before the House Financial Services Committee on Tuesday after former FTX CEO Sam Bankman-Fried was arrested and charged with financial crimes.
 
Joseph Bankman and Barbara Fried, the parents of former FTX CEO Sam Bankman-Fried, have been in the Bahamas with their son for more than one month.
Joseph Bankman and Barbara Fried, the parents of former FTX CEO Sam Bankman-Fried, have been in the Bahamas with their son for more than one month.
 
JPMorgan Chase CEO Jamie Dimon compared cryptocurrencies to “pet rocks” on Tuesday and said that the nascent sector is the recipient of undue attention.
JPMorgan Chase CEO Jamie Dimon compared cryptocurrencies to “pet rocks” on Tuesday and said that the nascent sector is the recipient of undue attention.
 
The case of defunct cryptocurrency exchange FTX and now-broke multibillionaire founder Sam Bankman-Fried is among the most intriguing stories of alleged financial crime in decades, rivaling the heists executed by financier Bernie Madoff and startup darling Elizabeth Holmes.
The case of defunct cryptocurrency exchange FTX and now-broke multibillionaire founder Sam Bankman-Fried is among the most intriguing stories of alleged financial crime in decades, rivaling the heists executed by financier Bernie Madoff and startup darling Elizabeth Holmes.
 
Scandal. Conspiracy. The beast which comes forth from the sea to make war with the saints and to overcome them.
Scandal. Conspiracy. The beast which comes forth from the sea to make war with the saints and to overcome them.
 
Center for Strategic and International Studies (CSIS) | Washington, D.C.
Center for Strategic and International Studies (CSIS) | Washington, D.C.
 
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