FTX founder Sam Bankman-Fried has been found guilty on all charges, including defrauding customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, on Thursday (Nov 2).

FTX founder Sam Bankman-Fried found guilty of defrauding customers

Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, largely in the form of Robinhood stock, according to a court filing on Friday.

Feds seized nearly $700 million from FTX founder Sam Bankman-Fried before trial

US regulators issued a warning to the banks over the risk associated with the cryptocurrency market, following the spectacular collapse of crypto exchange platform FTX.

US regulators warn banks over cryptocurrency risks after FTX collapse

Customers of the failed crypto-exchange FTX on Tuesday reportedly filed a class action lawsuit against the firm and its top executives, including founder and former CEO Sam Bankman-Fried.

Customers of failed crypto-exchange FTX file class action lawsuit laying claim to firm’s assets

A plane that was reportedly carrying Sam Bankman-Fried, the FTX founder and a former cryptocurrency mogul, arrived in Westchester County, New York on Wednesday. Bankman-Fried decided to agree to extradition in part out of a "desire to make the relevant customers whole," as per a court filing dated December 20.

Sam Bankman-Fried reaches US after consenting to extradition, top FTX aides plead guilty

Hours after Sam Bankman-Fried's lawyer told a Bahamas judge that he was not ready to be extradited to United States, a Reuters report says that the FTX founder has decided to agree to it to face fraud charges.

In a turnaround, FTX's Bankman-Fried will reportedly agree to US extradition to face fraud charges

In mid-2020, FTX's chief engineer made a secret change to the cryptocurrency exchange’s software. He tweaked the code to exempt Alameda Research, a hedge fund owned by FTX founder Sam Bankman-Fried, from a feature on the trading platform that would have automatically sold off Alameda's assets if it was losing too much borrowed money.

How a secret software code change allowed FTX to (mis)use client money

The Chinese capital of Beijing reported a record 5,006 Covid cases on Wednesday, as the country struggles to get hold of the worst-ever outbreak of viral contagion amid growing public anger against President Xi Jinping's zero Covid regime.

Morning brief: Beijing reports 5,006 Covid cases, IRS releases Trump's tax records to House Committee & more

Crypto lender BlockFi, on Monday, filed for bankruptcy citing the exposure and subsequent downfall of one of crypto’s high-profile collapses in recent years, the FTX exchange.

Cryptocurrency lender BlockFi files for bankruptcy; FTX fallout rattles crypto industry

FTX founder and former CEO Sam Bankman-Fried ran the now-bankrupt company as a 'personal fiefdom', according to attorneys representing the company at the first bankruptcy hearing.

Disgraced FTX founder ran the company as a 'personal fiefdom', say attorneys

The cryptocurrency exchange FTX, which applied for bankruptcy court protection in the United States, said it owed its 50 largest creditors close to $3.1 billion.

Bankrupt crypto exchange FTX owes almost $3.1 billion to top 50 creditors

As per reports, Bahamian police questioned FTX founder Sam Bankman-Fried on Saturday

WION Business News | FTX's Sam Bankman-Fried questioned by Bahamas Police