Sam Bankman Fried News

Binance boss Changpeng Zhao has become the most powerful cryptocurrency figure to fall in a two-year period chaotic even by the standards of the notoriously volatile industry.

FTX founder Sam Bankman-Fried was convicted on Thursday of orchestrating a multibillion dollar fraud on the cryptocurrency exchange's customers.

FTX founder Sam Bankman-Fried said he was pressured into nominating John Ray as chief executive of the crypto exchange in early November by Sullivan and Cromwell lawyers.

Binance boss Changpeng Zhao has become the most powerful cryptocurrency figure to fall in a two-year period chaotic even by the standards of the notoriously volatile industry.

FTX founder Sam Bankman-Fried was convicted on Thursday of orchestrating a multibillion dollar fraud on the cryptocurrency exchange's customers.

FTX founder Sam Bankman-Fried said he was pressured into nominating John Ray as chief executive of the crypto exchange in early November by Sullivan and Cromwell lawyers.