Sam Bankman-Fried

The potency of Ellison’s testimony against Bankman-Fried will also have gone a long way to convincing the judge to show leniency, says Paul Tuchmann, a former US prosecutor and partner at the law firm Wiggin and Dana.Testifying at…

WIRED: This year, Tether has moved to diversify its business model with a push into venture capital. Tell me about the rationale.Ardoino: Tether has become extremely profitable in the last two years thanks to the increase in interest rates.…

Some creditors of the bankrupt crypto exchange FTX are preparing to reject a plan that would see them recover 118 percent of the money they lost. The proposal is far less generous than it might seem, they claim.Starting in January, the FTX…

Changpeng Zhao, founder of Binance, the world’s largest cryptocurrency exchange, has been sentenced to four months in prison.Judge Richard Jones, who presided over the sentencing hearing in the Western District of Washington on Tuesday,…

For eight years, Craig Wright has claimed to be the elusive Bitcoin creator Satoshi Nakamoto. On Monday, in the swelling heat of a UK courtroom, a trial began that will finally settle the question.Wright, flanked by his legal team, appeared…

A group of former customers of bankrupt crypto exchange FTX are rebelling against a proposed plan that would return the entirety of the money they lost. In a lawsuit filed this week, the customers argue they are due a whole lot more.The…

When more than $400 million worth of crypto was mysteriously pulled out of the coffers of what was once the world's biggest cryptocurrency exchange, FTX, on the very day that it declared bankruptcy in November of 2022, many initially…

2023 has been a year defined by artificial intelligence innovation, with OpenAI at the helm. An AI apocalypse didn’t collapse society into chaos, but everyone in Silicon Valley did try to add some sort of AI tool into their software, and it…