Tag: cryptocurrency

WICHITA, KANSAS (AP) — Sobs of relief broke out in a federal courtroom in Kansas last week as dozens of people whose life savings had been embezzled by a bank CEO learned that federal law…

The good news is that business interests are getting support during an election year. The bad news is that the business is crypto. Less than two years after the industry’s highest-profile political donor was exposed…

The victims fill the left third of the gallery, on the side of the courtroom behind the prosecutor. They were shareholders in the bank, individuals whose investments ranged from the modest to the substantial, but…

CASSVILLE, Mo. (AP) — John Forsyth was known as a hard-working doctor who cared deeply for his patients and often teased nurses in the emergency room to ease tension. He was a father of eight…

NEW YORK (AP) — FTX founder Sam Bankman-Fried pleaded not guilty in Manhattan federal court Tuesday to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform as a judge set…

NEW YORK (AP) — FTX founder Sam Bankman-Fried pleaded not guilty in Manhattan federal court Tuesday to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform as a judge set…

The unspoken deal between sports fans and their favorite teams and players has been, in theory: Sure, there are billions of dollars being thrown around, but at the core, sports are supposed to be fun…

NEW YORK (AP) — The U.S. government charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes on Tuesday, alleging he intentionally deceived customers and investors to…

Back in 2001, precious few Americans could have explained what Houston-based Enron did as a company and how it got so spectacularly wealthy. But when it filed for a record-breaking bankruptcy, Americans got schooled fast…

NEW YORK (AP) — The man who had to clean up the mess at Enron says the situation at FTX is even worse, describing what he calls a “complete failure” of corporate control. The filing…