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…
‘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…
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 Executives Expressed Concern Over Use of Customer Funds, Documents Show
Documents obtained by The New York Times provide new details about the discussions among FTX’s top leaders before the cryptocurrency exchange collapsed in November. Story Published at: January 17, 2023 at 10:24PM Continue Reading…
McDonald’s Former C.E.O. Pays for a Workplace Scandal
The Securities and Exchange Commission fined Steve Easterbrook for lack of disclosure about the circumstances behind his firing in 2019. Story Published at: January 10, 2023 at 01:24PM Continue Reading…
Bankman-Fried’s ‘Epic’ Legal Battle
The disgraced crypto entrpreneur was freed on $250 million bond, but is due back in court in early January on federal fraud charges. Story Published at: December 23, 2022 at 12:21PM Continue Reading…
Sam Bankman-Fried, FTX’s Co-Founder, Is Increasingly Alone
Decisions by two senior associates to cooperate with government prosecutors raise the legal heat on the fallen crypto mogul. Story Published at: December 22, 2022 at 01:18PM Continue Reading…
Twitter Suspensions Draw International Outrage
After Elon Musk’s Twitter suspends journalists, lawmakers and press freedom advocates fire back, threatening sanctions and fines. Story Published at: December 16, 2022 at 01:44PM Continue Reading…
FTX’s Founder Faces Growing Legal Troubles
The fallen crypto mogul Sam Bankman-Fried plans to fight extradition as charges pile up in what prosecutors called a record financial fraud. Story Published at: December 14, 2022 at 01:14PM Continue Reading…