A stock sell-off driven by a since-debunked picture underscored fears about how artificial intelligence could be used for nefarious purposes with big consequences. Story Published at: May 23, 2023 at 12:56PM Continue Reading…
An A.I.-Generated Spoof Rattles the Markets
Emails, Chat Logs, Code and a Notebook: The Mountain of FTX Evidence
Prosecutors investigating Sam Bankman-Fried, the cryptocurrency exchange’s founder, have accumulated more than six million pages of documents and other records. Story Published at: May 23, 2023 at 10:00AM Continue Reading…
F.B.I. Searches Home of Top FTX Executive
Ryan Salame, a former top FTX executive and a prolific Republican donor, faces mounting legal pressure for his role in Sam Bankman-Fried’s business empire. Story Published at: April 27, 2023 at 08:09PM Continue Reading…
Sam Bankman-Fried Pleads Not Guilty to Additional Set of Charges
Prosecutors this week charged Mr. Bankman-Fried with orchestrating a $40 million bribe to Chinese officials to unfreeze funds held by his trading firm, Alameda Research. Story Published at: March 30, 2023 at 04:52PM Continue Reading…
A Mega Airline Merger Hits Turbulence
Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns. Story Published at: March 7, 2023 at 12:35PM Continue Reading…
‘Effective Altruism’ Led Bankman-Fried to a Little-Known Wall St. Firm
The FTX founder joined Jane Street Capital not to learn about controlling risk, which is its focus, but because the tenets of a philanthropic movement drew him there. Story Published at: February 21, 2023 at 08:00AM Continue Reading…
FTX Inquiry Expands as Prosecutors Reach Out to Former Executives
Federal prosecutors in Manhattan are speaking with lawyers for former officials at the collapsed crypto exchange FTX and scrutinizing the immediate family of its founder, Sam Bankman-Fried. Story Published at: February 4, 2023 at 05:45PM Continue Reading…
The Unknown Hedge Fund That Got $400 Million From Sam Bankman-Fried
After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder’s huge investment in Modulo Capital. Story Published at: January 24, 2023 at 10:00AM Continue Reading…
FTX Founder Gamed Markets, Crypto Rivals Say
Sam Bankman-Fried found ways to control the prices of digital coins to benefit his companies, FTX and Alameda, according to cryptocurrency investors. Story Published at: January 18, 2023 at 06:33PM Continue Reading…
Oliver Stone Goes Nuclear at Davos
At the World Economic Forum, the provocative filmmaker received a warm reception for his film promoting nuclear power. Story Published at: January 18, 2023 at 01:07PM Continue Reading…