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News Articles: cryptocurrencies

After a monthlong trial, New York City jury found former FTX CEO Sam Bankman-Fried guilty of seven criminal counts, including securities fraud.

Tagged as: 

  • Business

Sam Bankman-Fried is guilty, and the industry he helped build wants to move on

As Sam Bankman-Fried prepares to go to prison for one of the largest financial frauds in history, the cryptocurrency industry is looking ahead to a future without its former "golden boy."

November 11, 2023
|
By:
  • David Gura
U.S Securities and Exchange Commission Logo

Tagged as: 

  • Business

The SEC charges Lindsay Lohan, Jake Paul and others with illegally promoting crypto

Crypto entrepreneur Justin Sun and three of his companies were also charged with crimes related to the promotion and sale of two digital currencies, Tronix (TRX) and BitTorrent (BTT).

March 23, 2023
|
By:
  • Joe Hernandez and
  • Jonathan Franklin
FTX founder Sam Bankman-Fried arrives at the U.S. Federal Court in New York for a hearing on Feb. 16, 2023. As he awaits trial, the disgraced former CEO is defending himself in the court of public opinion.

Tagged as: 

  • Business

Disgraced FTX founder Sam Bankman-Fried has another big problem: He won't shut up

Most white-collar defendants lay low, but the ex-CEO of the collapsed cryptocurrency exchange FTX has been talking, tweeting, and sending email newsletters. Those comments could come back to hurt him.

February 26, 2023
|
By:
  • David Gura
The White House is encouraging regulators to exercise more oversight of digital assets, including cryptocurrencies like bitcoin.

Tagged as: 

  • Economy

The White House calls for more regulations as cryptocurrencies grow more popular

The Biden administration is calling for more oversight as the adoption of cryptocurrencies grows, saying they pose significant risks.

September 16, 2022
|
By:
  • David Gura
At the beginning of the pandemic, Michelle Milkowski started investing in penny stocks. A few months later, she bought cryptocurrency for the first time.

Tagged as: 

  • Business

Amid the hype, they bought crypto near its peak. Now, they cope with painful losses

Many first-time investors bought Bitcoin and other cryptocurrencies as they neared all-time highs, and crypto companies spent millions on marketing. Today, they are coping with painful losses.

July 26, 2022
|
By:
  • David Gura
Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021.

Tagged as: 

  • Business

Crypto billionaire says Fed is driving current downturn

FTX CEO Sam Bankman-Fried says that, until investors get used to higher interest rates, risk assets, including cryptocurrency, won't recover.

June 19, 2022
|
By:
  • David Gura
Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021.

Tagged as: 

  • Business

Crypto billionaire says Fed is driving current downturn

FTX CEO Sam Bankman-Fried says that, until investors get used to higher interest rates, risk assets, including cryptocurrency, won't recover.

June 19, 2022
|
By:
  • David Gura
A Bitcoin logo is seen during the Bitcoin 2022 Conference at Miami Beach Convention Center in Miami on April 8. Crypto such as Bitcoin have tumbled in recent days as part of a storm hitting all kinds of markets.

Tagged as: 

  • Business

4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt down

Bitcoin and other cryptocurrencies are being caught up in the storm impacting all kinds of markets, including stocks. The plunge in a type of crypto called TerraUSD is raising special concern.

May 14, 2022
|
By:
  • David Gura
A Bitcoin logo is seen during the Bitcoin 2022 Conference at Miami Beach Convention Center in Miami on April 8. Crypto such as Bitcoin have tumbled in recent days as part of a storm hitting all kinds of markets.

Tagged as: 

  • Business

4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt down

Bitcoin and other cryptocurrencies are being caught up in the storm impacting all kinds of markets, including stocks. The plunge in a type of crypto called TerraUSD is raising special concern.

May 14, 2022
|
By:
  • David Gura
A yard sign protesting the proposed cryptocurrency mine in the town of Forsyth.

Tagged as: 

  • Business

Bitcoin mines come to rural Georgia communities. They're bringing opportunities — and tensions

Cryptocurrencies are money that only exist in the internet. Still, they have to be made by computers somewhere, and the pitch to let that be somewhere close to you can be very persuasive.

April 07, 2022
|
By:
  • Lars Lonnroth
Bitcoin logo appears on the display screen of a cryptocurrency ATM at the Smoker's Choice store in Salem, N.H. (AP Photo/Charles Krupa, File)

Tagged as: 

  • Your Money

With federal rules unclear, some states carve their own path on cryptocurrencies

As cryptocurrency become more mainstream, some states are introducing legislation to standardize crypto as a form of payment.

March 10, 2022
|
By:
  • Anthony Tellez
U.S. Securities and Exchange Commission Chairman Gary Gensler testifies before the Senate Banking Committee on Sept. 14 in Washington, D.C. Gensler discussed his approach to the job in a recent interview with NPR.

Tagged as: 

  • Business

Why Wall Street's top cop thinks it's time to get tough

In a recent interview with NPR, S.E.C. Chairman Gary Gensler says one of his top priorities is protecting amateur investors as his agency unveils a number of tough new rules and investigations.

December 19, 2021
|
By:
  • David Gura
From left to right: Sen. Cynthia Lummis, R-Wyoming; Securities and Exchange Commission Chairman Gary Gensler; and Sen. Elizabeth Warren, D-Mass. All three are likely to play important roles as the country starts to shape regulations for cryptocurrencies such as Bitcoin.

Tagged as: 

  • Business

A big fight is brewing over cryptocurrencies. These are some key players to watch

Washington policymakers will soon start deciding on new rules for cryptocurrencies, setting up a fight between supporters and critics of the $2.5 trillion market.

November 06, 2021
|
By:
  • David Gura
Spinning on the hamster wheel allows Mr. Goxx to select a cryptocurrency to trade. Choosing one of two tunnels to run through allows him to buy or sell.

Tagged as: 

  • Animals

A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500

A hamster named Mr. Goxx enters one of two tunnels in the his cage, which determines whether he will buy or sell. As of Friday, his portfolio is up nearly 20%, according to his Twitter account.

September 27, 2021
|
By:
  • Deepa Shivaram
This illustration photograph taken on July 19 in Istanbul shows a physical banknote and coin imitations of the Bitcoin cryptocurrency. Regulators such as Securities and Exchange Commission Chairman Gary Gensler are promising tougher action for cryptocurrencies.

Tagged as: 

  • Business

Tougher Rules Are Coming For Bitcoin And Other Cryptocurrencies. Here's What To Know

The country's top market watchdog has promised tougher scrutiny of virtual currencies, but we still don't know what will be unveiled.

August 20, 2021
|
By:
  • David Gura
  • Load More

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