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cryptocurrency

MIT-educated brothers charged with stealing $25M in crypto in just 12 seconds

Federal prosecutors called the scheme "novel" and said the case marked the first time that such a fraud had ever been the subject of US criminal charges.

SBF's new form of currency behind bars is far from crypto — and pairs well with beans

Sam Bankman-Fried has swapped crypto for a new kind of currency behind bars: bags of rice.

Failed crypto giant FTX has recovered billions more than it needs to pay back bankruptcy victims

Fallen cryptocurrency exchange FTX has raked in billions of dollars more than it needs to fully pay back customers who lost funds in its November 2022 collapse. In a rare...

Ohio State commencement speaker was on ayahuasca when he wrote cringe-worthy speech peddling bitcoin, forcing sing-alongs

College grads weren't high on this hallucinogenic-fueled speech.

Robinhood warns feds could penalize firm over crypto tokens traded on platform

The SEC has adopted a tough stance toward the digital currency industry, arguing most cryptocurrency tokens are securities and subject to its registration rules, while crypto firms have accused it...

Feds probing financial transactions at Jack Dorsey's Square, Cash App: report

Areas under investigation include whether the company failed to gather sufficient information on customers to assess risks, and if processed transactions involved countries subject to economic sanctions.

Crypto investor dubbed 'Bitcoin Jesus' cheated US out of $48M in taxes: feds

Roger Ver was arrested in Spain over the weekend, according to the Justice Department. The US will seek his extradition.

Ex-Binance CEO sentenced to just 4 months prison for crypto crimes

Prosecutors requested that the 47-year-old serve a three-year term.

Ex-Binance CEO — who called SBF a 'liar' — faces 3 years for money laundering

Zhao, commonly known as "CZ" in crypto circles, was a key player in the dramatic collapse of FTX.

Sam Bankman-Fried agrees to help FTX investors in lawsuits against Tom Brady, Larry David

Shareholders of Sam Bankman-Fried's failed crypto exchange have agreed to drop their claims against the jailed ex-billionaire in exchange for his cooperation in other lawsuits over FTX's downfall.

Sam Bankman-Fried appeals $8B FTX fraud conviction, 25-year sentence

The 32-year-old former billionaire crypto wunderkind was convicted in November on seven counts of fraud and conspiracy in what federal prosecutors have called one of the biggest financial frauds in US history.

The horror of being held hostage by Hamas and more: Letters to the Editor — April 7, 2024

NY Post readers discuss a released Hamas hostage discussing her experience and more.

Terraform founder Do Kwon found liable in SEC's crypto fraud trial: 'Built on lies'

Kwon, who was arrested in Montenegro in March 2023, did not attend the trial.

NFTs aren't totally dead as crypto-loving 'Goblins' swarm to NYC this week

“A lot of people in the crypto space are like, ‘we’re back,’” Goblintown co-founder Alex Taub told The Post.

NYC dating app users swindled out of $100K in 'pig butchering' phony crypto scam

Three Brooklynites detailed their "gut-wrenching" experiences losing hundreds of thousands of dollars to "pig butchering" — a combination romance and investment scam Brooklyn officials have taken a stand against.

Sam Bankman-Fried cynically plays dumb as all the friends he bought evaporate

“I never thought that what I was doing was illegal.”

Cryptocurrency that Sam Bankman-Fried plugged to jail guards is ridden with racist meme coins, Nazi imagery

Solana, the cryptocurrency platform that FTX fraudster Sam Bankman-Fried has recommended to his jail guards as a red-hot investment, has become ridden with racist and antisemitic coins.

Sam Bankman-Fried speaks out for first time since 25-year prison sentence: 'I never thought that what I was doing was illegal'

Sam Bankman-Fried, the disgraced former crypto king who was handed a 25-year sentence for leading a massive fraud, insisted in his first interview from prison that he didn't believe he...

FTX to unload disgraced Sam Bankman-Fried's $222M Bahamas real estate empire

Now that the disgraced crypto mogul faces 25 years behind bars, his opulent Bahamas real estate empire is about to hit the market, signaling the end of an era.

Sam Bankman-Fried's FTX workforce left depressed, unable to find work after crypto firm's downfall: report

Sam Bankman-Fried's workforce at his now-bankrupt FTX has reportedly struggled to move on since the cryptocurrency exchange's stunning downfall.