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cryptocurrency

Samuel Bankman-Fried arrives at Manhattan federal court on Jan. 3, 2023, in New York. The FTX founder returned to court to face charges of cheating investors and looting customer deposits on his cryptocurrency trading platform. (AP Photo/Seth Wenig)
Jan 3, 2023

FTX founder Sam Bankman-Fried pleads not guilty in New York

FTX founder Sam Bankman-Fried pleaded not guilty to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform.

The FTX Arena name is visible on Nov. 12, 2022, where the Miami Heat basketball team plays. (AP Photo/Marta Lavandier, File)
Dec 13, 2022

FTX’s Bankman-Fried charged for ‘scheme’ to defraud

The U.S. government charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes.

The FTX Arena name is visible on Nov. 12, 2022, where the Miami Heat basketball team plays. (AP Photo/Marta Lavandier, File)
Nov 28, 2022

BlockFi seeks bankruptcy protection as FTX collapse rattles cryptocurrency market

Cryptocurrency lender BlockFi is filing for Chapter 11 bankruptcy protection as the fallout from the collapse of crypto exchange FTX spreads outward.

Digital payments making inroads in some legal communities
Nov 11, 2022

Embattled crypto exchange FTX files for bankruptcy

It took less than a week for FTX to go from the third-largest cryptocurrency exchange in the world to bankruptcy court.

Peer to peer payments. Smartphone transfer money. Cryptocurrency Transaction. Vector illustration. (Depositphotos)
Nov 10, 2022

Authorities investigate crypto exchange FTX, source says

The swift collapse of cryptocurrency exchange FTX sent more shockwaves, with authorities now investigating the firm for potential securities violations.

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Oct 4, 2022

Top regulators say crypto poses financial stability risks

Top regulators recommended a series of new safeguards to ensure that a growing and unregulated cryptocurrency market doesn’t imperil U.S. financial stability.

Digital payments making inroads in some legal communities
Aug 3, 2022

New crypto oversight legislation arrives as industry shakes

Cryptocurrencies finally have the full attention of Congress, whose lawmakers and lobbyists have papered Capitol Hill with proposals on how to regulate the industry.

Digital payments making inroads in some legal communities
Jun 20, 2022

Bitcoin drops below $20,000 as crypto selloff quickens

Bitcoin fell below the psychologically important threshold of $20,000 for the first time since late 2020, in a fresh sign that the selloff in cryptocurrencies is deepening.

‘Make-or-break quarter’ on Wall Street as earnings roll in
Jun 13, 2022

Bear market hits Wall Street as stocks, bonds, crypto dive

Wall Street tumbled into what’s called a bear market after fears about a fragile economy and rising interest rates sent the S&P 500 more than 20% below its record set early this year.

Digital payments making inroads in some legal communities
Jun 7, 2022

Crypto meltdown is wake-up call for many, including Congress

Wide-ranging bipartisan legislation unveiled Tuesday would regulate cryptocurrencies and other digital assets following a series of high-profile busts and failures.

Treasury Secretary Janet Yellen (AP Photo/Patrick Semansky, File)
May 13, 2022

Crypto meltdown prompts Yellen to call for new regulation

Treasury Secretary Janet Yellen, responding to the recent sharp decline in the value of cryptocurrencies, said additional federal regulation was needed.

House to try suspending cap on borrowing authority next week
Apr 7, 2022

Yellen calls for crypto regulation to reduce risks, fraud

Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and ward off fraudulent or illicit transactions.

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