Top FTX Executive Sentenced to 7½ Years in Prison
Ryan Salame, the head of FTX’s subsidiary in the Bahamas, was the first of Sam Bankman-Fried’s deputies to be sentenced since the crypto exchange collapsed in November 2022.
By
![Ryan Salame, a trusted lieutenant of Sam Bankman-Fried, leaving federal court in Manhattan after his sentencing on Tuesday.](https://static01.nyt.com/images/2024/05/28/multimedia/28salame-sentence-sub-gqmj/28salame-sentence-sub-gqmj-videoLarge.jpg?auto=webp)
Ryan Salame, the head of FTX’s subsidiary in the Bahamas, was the first of Sam Bankman-Fried’s deputies to be sentenced since the crypto exchange collapsed in November 2022.
By
The dog, whose face helped spread the popular doge meme and later became the logo of the Dogecoin cryptocurrency, died on Friday.
By
The Securities and Exchange Commission gave its blessing to a fund that tracks the price of the most valuable cryptocurrency after Bitcoin.
By
For years, Craig Steven Wright, an Australian cryptocurrency enthusiast, claimed to be Satoshi Nakamoto, the mysterious creator of Bitcoin. Then the courts got involved.
By
Biden Bans Chinese Bitcoin Mine Near U.S. Nuclear Missile Base
An investigation identified national security risks posed by a crypto facility in Wyoming. It is near an Air Force base and a data center doing work for the Pentagon.
By Michael Forsythe and
FTX Customers Poised to Recover All Funds Lost in Collapse
Bankruptcy lawyers for FTX said customers of the cryptocurrency exchange were set to get all their money back, plus interest.
By
Behind Nigeria’s Arrest of Binance Employee, Claims of a Bribe Request
A compliance officer for the cryptocurrency exchange told senior executives and Nigerian contacts that the company had been asked to pay $150 million in crypto.
By David Yaffe-Bellany and
New York Woman Gets 18 Years for Funding Terrorism With Cryptocurrency
Prosecutors said Victoria Jacobs sent funds to Bitcoin wallets controlled by a terrorist training group that operated in Syria.
By Hurubie Meko and
Binance Founder Sentenced to 4 Months in Prison
Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, had pleaded guilty to a money-laundering violation.
By
Advertisement
The industry’s political awakening — and enormous pool of cash — is already affecting high-profile races across the country.
By David Yaffe-Bellany, Erin Griffith and Theodore Schleifer
The technology company MicroStrategy and its founder, Michael Saylor, agreed to a $40 million deal to end a lawsuit accusing him of evading income tax.
By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni
Su cara ayudó a difundir el popular meme doge y más tarde se convirtió en el logotipo de la criptomoneda Dogecoin.
By Isabella Kwai
The FTX founder’s final destination wasn’t clear, but Mr. Bankman-Fried has told people close to him that he expected to be moved to a facility in Mendota, Calif.
By David Yaffe-Bellany
The auction that was supposed to be an art world coming-out party for NFTs instead exposed the instability at the heart of the crypto world.
By Zachary Small
In a surprise announcement, bankruptcy lawyers for the cryptocurrency exchange FTX said customers would get all their money back, plus interest.
By Marie Solis
Since pleading guilty to violating money-laundering rules, Changpeng Zhao, who ran the giant crypto exchange Binance, has networked across the United States to set up his next act.
By David Yaffe-Bellany and Cade Metz
Lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should receive no prison time.
By David Yaffe-Bellany
Los aficionados al bitcóin esperan que la reducción programada del número de nuevas monedas en circulación haga que el precio de la criptomoneda se dispare.
By David Yaffe-Bellany
Bitcoin aficionados are hoping that a scheduled reduction in the number of new coins going into circulation will cause the price of the cryptocurrency to skyrocket.
By David Yaffe-Bellany
Tigran Gambaryan, an American compliance official for the giant cryptocurrency exchange Binance, flew to Nigeria in February for a planned two-day business trip. He hasn’t returned.
By David Yaffe-Bellany and Emily Flitter
Así es como la sentencia de 25 años al exmagnate de las criptomonedas se compara con los procesos de Michael Milken, Bernie Madoff y otros casos populares.
By David Yaffe-Bellany
Here’s how the former crypto mogul’s 25-year sentence stacks up against the prosecutions of Michael Milken, Bernie Madoff and others.
By David Yaffe-Bellany
Mr. Bankman-Fried, who was convicted of stealing $8 billion from customers of his FTX cryptocurrency exchange, faced a maximum sentence of 110 years.
By David Yaffe-Bellany and J. Edward Moreno
Advertisement
Two years after the cryptocurrency market crashed, internet cafes for playing crypto-earning video games are opening and farmers have started harvesting virtual crops from the games for income.
By Eli Tan and Jes Aznar
Mr. Bankman-Fried, who was convicted of seven counts of fraud and conspiracy, faces a maximum penalty of 110 years.
By Matthew Goldstein and David Yaffe-Bellany
The cryptocurrency has recently set a series of records, extending a rapid rally that has emboldened the virtual currency industry to flex its political muscle.
By Ephrat Livni
The group spent millions of dollars in the Democratic Senate primary in California and is looking to influence other races in the general election.
By Shane Goldmacher
El bitcóin acaba de alcanzar un máximo récord, pero existen diferencias importantes entre la situación actual y el anterior gran auge de las criptomonedas.
By David Yaffe-Bellany
Bitcoin just hit a record high, but there are big differences between now and the last crypto boom, when digital currencies became a cultural phenomenon.
By David Yaffe-Bellany
Bitcoin’s price surged above $69,000, breaking the record the digital currency set in November 2021 when the crypto industry was booming.
By David Yaffe-Bellany
Investors are watching as the price of Bitcoin gets tantalizingly close to its previous record high.
By Marie Solis
Since the disgraced crypto mogul was convicted of fraud, his supporters have maneuvered to secure a lenient sentence, with his lawyers recommending he serve no longer than 6.5 years in prison.
By David Yaffe-Bellany and Matthew Goldstein
Arkansas se convirtió en el primer estado en proteger a los ruidosos operadores de criptodivisas frente al descontento de los vecinos. Algunos legisladores consideran prohibir las instalaciones en zonas residenciales de todo el estado.
By Gabriel J.X. Dance
Advertisement
Lawyers for the failed crypto exchange told a bankruptcy judge they expected to pay creditors in full.
By Andrew Ross Sorkin, Ephrat Livni and Sarah Kessler
Pushed by an advocacy group, Arkansas became the first state to shield noisy cryptocurrency operators from unhappy neighbors. A furious backlash has some lawmakers considering a statewide ban.
By Gabriel J.X. Dance
Ben Armstrong, better known as BitBoy, was once the most popular cryptocurrency YouTuber in the world. Now his empire has collapsed.
By David Yaffe-Bellany
The woman, Victoria Jacobs, provided support to a military contractor that has been called “the Blackwater of jihad.”
By Jonah E. Bromwich
Selected paperbacks from the Book Review, including titles by V.V. Ganeshananthan, John Hendrickson, De’Shawn Charles Winslow and more.
By Shreya Chattopadhyay
Federal judges are weighing whether digital currencies should be subject to the same rules as stocks and bonds. The outcome could shape crypto’s future in the U.S.
By Matthew Goldstein and David Yaffe-Bellany
In a civil action, prosecutors in Colorado said that a Denver pastor and his wife created and sold a cryptocurrency that was “practically worthless” and then pocketed more than $1 million.
By Jesus Jiménez
Fear of missing out isn’t a great reason for investing in the new Bitcoin funds, our columnist says. Plus, Bitcoin may already be hidden in your portfolio.
By Jeff Sommer
The products, known as exchange-traded funds, were approved by federal regulators this week, a watershed moment for the crypto industry.
By David Yaffe-Bellany
A new kind of exchange-traded fund linked to the cryptocurrency could begin trading as soon as Thursday, and the investment world is buzzing.
By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni
Advertisement
The best tech, from universal power charging to foldable phones, solved practical problems. But the worst tech, including self-driving cars and cryptocurrency, put us in harm’s way.
By Brian X. Chen
A bogus social media post declaring that the S.E.C. had approved an E.T.F. tied to the cryptocurrency caused prices to whipsaw. A real decision could come as soon as Wednesday.
By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni
Investors are spending hundreds of millions of dollars on FTX bankruptcy claims, betting that the firm’s new leaders will recover the money that Sam Bankman-Fried misappropriated.
By David Yaffe-Bellany and Matthew Goldstein
Dryden Brown wants Praxis to be a crypto-city for tech bros and tastemakers. Just don’t ask for details.
By Joseph Bernstein
A year ago, Sam Bankman-Fried and Changpeng Zhao ran two of the largest crypto companies. As they grapple with legal woes, others are jockeying to lead the industry’s next chapter.
By David Yaffe-Bellany
Changpeng Zhao, better known as CZ, faces as much as 18 months in prison after he pleaded guilty to federal money-laundering violations.
By David Yaffe-Bellany
Advertisement
Advertisement