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December 23, 2024
 

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FTX

Former FTX CEO Sam Bankman-Fried arrives at a courthouse in New York in March 2023. On Thursday, he was sentenced to 25 years in prison.
COMMENTARY / World
Apr 1, 2024
Sam Bankman-Fried's 25-year sentence is a warning to crypto
The former FTX CEO's conviction to 25 years in prison sends a clear message to cryptocurrency fraudsters. The costs of misconduct outweigh the benefits.
FTX co-founder Sam Bankman-Fried attends his sentencing hearing at Federal Court in New York on Thursday in this courtroom sketch.
BUSINESS
Mar 29, 2024
Sam Bankman-Fried sentenced to 25 years over FTX collapse
While there is no parole in the federal system, Bankman-Fried could be released a few years early for good behavior.
Former FTX chief Sam Bankman-Fried leaves Manhattan federal court in New York on Jan. 3.
BUSINESS
Mar 16, 2024
Sam Bankman-Fried should get up to 50 years in prison, U.S. says
A sentence of 40 to 50 years is necessary for the "historic” crime involving more than 1 million victims and losses of over $10 billion, prosecutors say.
In 2022, MLB umpires wore FTX patches on their sleeves.
SOCCER
Nov 29, 2023
MLB and Formula 1 face fraud suits for promoting FTX
Investors’ lawyers sued MLB and the other entities in U.S. federal court in Miami on Monday.
Sam Bankman-Fried, founder of FTX, exits the federal courthouse in Manhattan in February.
COMMENTARY / World
Nov 5, 2023
Sam Bankman-Fried won't be the last crypto mogul behind bars
If Sam Bankman-Fried culpability for the "pyramid of deceit” behind FTX’s collapse seemed so obvious, it’s partly because he was prosecutorial gold.
Former FTX chief executive Sam Bankman-Fried leaves Manhattan federal court in New York in January.
BUSINESS / FOCUS
Nov 4, 2023
Swift FTX case vindicates prosecution ‘need for speed’
ON Thursday, the jury took only a few hours to convict Sam Bankman-Fried of treating FTX as his personal piggy bank.
Former FTX chief Sam Bankman-Fried leaves court following a bail hearing ahead of his October fraud trial, in New York City on July 26. He was found guilty on all counts against him on Thursday.
BUSINESS
Nov 3, 2023
Sam Bankman-Fried found guilty on all counts at fraud trial
The panel reached its decision after five weeks of trial, and the former crypto tycoon now faces up to 110 years behind bars.
Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing on Capitol Hill in Washington in February 2022.
BUSINESS / Companies
Oct 28, 2023
FTX founder admits 'mistakes' but testifies he didn't defraud anyone
FTX founder Sam Bankman-Fried insisted he did not steal billions of dollars from customers when the cryptocurrency exchange collapsed last year.
FTX founder Sam Bankman-Fried faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, at federal court in New York City on Thursday, in this courtroom sketch.
WORLD / Crime & Legal
Oct 27, 2023
FTX founder Sam Bankman-Fried implicates lawyers in testimony
Accused of stealing billions of dollars from customers, Bankman-Fried has pleaded not guilty to two counts of fraud and five counts of conspiracy.
Caroline Ellison (left), former chief executive officer of Alameda Research LLC, exits court in New York on Tuesday. Her ex-boyfriend and former boss, FTX Co-Founder Sam Bankman-Fried, is charged with seven counts of fraud and money laundering following the collapse of his cryptocurrency empire last year.
BUSINESS / Companies
Oct 11, 2023
Sam Bankman-Fried's ex says he directed her to commit crimes
In her first day of testimony, Caroline Ellison, 28, portrayed Sam Bankman-Fried as the brains behind fraudulent operations at FTX.
Japan Times
BUSINESS
Mar 29, 2023
Sam Bankman-Fried charged in U.S. with bribing Chinese officials
The FTX chief is accused of authorizing the payment of $40 million to Chinese officials in an attempt to unfreeze accounts at Alameda Research, a Hong Kong-based affiliate.
Japan Times
BUSINESS / ANALYSIS
Mar 9, 2023
FTX founder Sam Bankman-Fried's bid to shift blame complicated by new charges
The latest federal charges against Bankman-Fried appear to undermine some of the public claims he has made since the collapse of the cryptocurrency exchange.
Japan Times
BUSINESS / Companies
Jan 30, 2023
FTX debacle the latest twist in Japanese unit’s tumultuous history
Liquid’s leadership regularly drew on their industry credentials to promote the company, but this coexisted with stories about hacks and poor internal security.
Japan Times
BUSINESS / Markets
Jan 17, 2023
Japan pushes global counterparts to regulate cryptocurrencies like banks
FTX's bankruptcy and fraud charges against Sam Bankman-Fried have battered the crypto sector, highlighting gaps and differences in global digital-asset regulation.
Japan Times
BUSINESS
Jan 13, 2023
Japan expects local FTX clients to get funds back from February
The plan, if successful, would be a rare example of investors getting money back following FTX's epic unraveling about two months ago.
Japan Times
BUSINESS
Jan 10, 2023
Crypto startup funding falls to lowest level in almost two years
Overall, venture capital firms invested $2.3 billion in crypto startups during the fourth quarter of 2022, a 75% drop from the same period the previous year.
Japan Times
BUSINESS / Tech
Jan 4, 2023
Sam Bankman-Fried pleads not guilty in FTX fraud case as trial is set for October
The Massachusetts Institute of Technology graduate could face up to 115 years in prison if convicted.
Japan Times
BUSINESS / Tech
Jan 4, 2023
Both hurt and saved by regulations, what is next for crypto in Japan?
Strong regulations may have helped Japan avoid some of the FTX fallout, but some LDP lawmakers are pushing for a loosening of rules to embrace virtual assets.
BUSINESS
Dec 30, 2022
FTX Japan to return assets to clients from February
FTX Japan is developing a system with which customers can withdraw assets via the website of Liquid Japan, a crypto exchange it bought in February.
Japan Times
WORLD
Dec 28, 2022
Images of 2022: World news
One event stood over all else this year: Russia's invasion of Ukraine. The conflict ushered in rapid shifts on defense, energy and business.
How Bashar Assad's inner circle fled Syria after his fall
Syrians step on posters of Bashar Assad and his father, Hafez Assad, in Homs, Syria, on Tuesday.
Zelenskyy to replace Ukraine ambassador to Japan
Ukrainian Ambassador to Japan Sergiy Korsunsky delivers a speech during a handover ceremony of Self-Defense Force vehicles to Ukraine, at the Defense Ministry in Tokyo, in May last year.
Bankruptcies and suicides rise as Japanese struggle with mounting debt
Lawyers estimate that personal bankruptcies in Japan are on track to reach the highest since 2012 this year.
Honda and Nissan consider mutual production of vehicles, report says
Honda CEO Toshihiro Mibe at the Japan Mobility Show 2023 at Tokyo Big Sight in October 2023.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
For baseball fans, 2024 brought The Summer of Shohei Ohtani
Dodgers designated hitter Shohei Ohtani reacts to a standing ovation from fans after hitting his 50th home run of the season, against the Marlins in Miami on Sept. 19.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
Is Japan finally ready to tap its abundant geothermal energy potential?
Steam rises from a geothermal plan in Yuzawa, Akita Prefecture. Despite its long history and potential, geothermal provided just 0.3% of Japan's overall energy mix in the fiscal year from April 2023
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
North Korea aiding Russia where it needs it most, Canadian general says
North Korean special forces soldiers march and shout slogans during a military parade marking the 105th birth anniversary of the country's founding father, Kim Il Sung, in Pyongyang in April 2017.

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Longform

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