FTX – The North State Journal

Bitcoin has surpassed $43,000 for the first time since April 2022. What’s behind the price surge?

December 7, 2023 The Associated Press

NEW YORK — Bitcoin is once again having a moment. This week, the world’s largest cryptocurrency soared past $43,000 for the first time in over a year and a half — and marking a 159% […]

Bitcoin prices have doubled this year and potentially new ways to invest may drive prices higher

November 2, 2023 The Associated Press

NEW YORK — Bitcoin is having another moment. The world’s largest cryptocurrency soared to almost $35,000 this week, marking its highest point in nearly 18 months — and more than double the price seen at […]

Sam Bankman-Fried could face 2 criminal trials, with prosecution on some charges delayed until 2024

June 20, 2023 Larry Neumeister, Associated Press

NEW YORK — FTX founder Sam Bankman-Fried may face two criminal trials after a federal judge on Thursday granted a request by prosecutors to delay a trial on some of the charges until next year. […]

Lawmakers quick to unload FTX founder’s contributions

January 4, 2023 The Associated Press

WASHINGTON, D.C. — A writer’s workshop in Alaska. Food banks in California. A charity that fights diabetes. Lawmakers who accepted piles of cash from onetime wunderkind Samuel Bankman-Fried now can’t move fast enough to offload […]

Associates of FTX founder plead guilty to criminal charges

December 22, 2022 Ken Sweet, Rebecca Blackwell and Laryr Neumeister, Associated Press

NEW YORK — Two of Sam Bankman-Fried’s top associates secretly pleaded guilty to criminal charges in the collapse of the cryptocurrency exchange FTX and are cooperating with investigators, a federal prosecutor announced Wednesday as the […]

Bankrupt exchange FTX owes top creditors over $3 billion

November 21, 2022 Ken Sweet, Associated Press

NEW YORK — The failed cryptocurrency exchange FTX owes more than $3 billion to its largest creditors, the company disclosed in a court filing over the weekend. The list of the top 50 unsecured claims […]

Sam Bankman-Fried’s downfall sends shockwaves through crypto

November 16, 2022 The Associated Press

NEW YORK — Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s […]