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Ex-CEO and former crypto mogul, 32, was found guilty of seven counts of fraud and conspiracy to launder money in NovemberSam Bankman-Fried appealed his fraud convictions and 25-year prison sentence on Thursday.The ex-CEO of the now-bankrupt cryptocurrency exchange was found guilty on seven counts of fraud and conspiracy to launder money in November and sentenced to more than two decades in federal prison in...

Price of bitcoin briefly spiked more than $1,000, as ETF would have given way to invest without buying outright on a crypto exchangeThe Securities and Exchange Commission (SEC) said Tuesday that a post sent from the agency’s account on the social platform X/Twitter announcing the approval of a long-awaited bitcoin exchange-traded fund was “unauthorized”, and that the agency’s account had been “compromised”.The price of...

US prosecutors say ‘strong public interest’ in prompt resolution of case against 31-year-old outweighs benefits of second trialUS prosecutors say they do not plan to conduct a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange.In a letter filed on Friday night in federal court in Manhattan, prosecutors said the “strong public interest”...