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April 29, 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.
Japan Times
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.
Number of homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
In Japan, regional revitalization fails to halt population decline
Sakiyama elementary school in Tamba, Hyogo Prefecture, in March .Over the past decade, the government has directed efforts toward policies designed to give young people incentives to base themselves in rural areas.
Putin’s war will soon reach Russians’ tax bills
Russian President Vladimir Putin speaks during a meeting in St. Petersburg on Friday.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.

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