Reverse Midas touch: Why the indicted Crypto King makes everyone look awful
Fox News
With the defunct cryptocurrency FTX founder Sam Bankman-Fried's arrest, many are looking closer at those who championed the cause and accepted payments.
Both political parties took money from the fallen crypto king. Liberal causes took money from the fallen crypto king. Media organizations took money from the fallen crypto king. Howard Kurtz is the host of FOX News Channel's MediaBuzz (Sundays 11 a.m.-12 p.m. ET). Based in Washington, D.C., he joined the network in July 2013 and regularly appears on Special Report with Bret Baier and other programs.
Federal regulators, while largely walled off from the insular cryptocurrency world – which was the point – nonetheless did little to keep an eye on the now-bankrupt FTX. Now that the company has cost unsuspecting investors billions in losses, the Justice Department, SEC and Commodites Futures Trading Commission have all rushed to bring charges. But if Bankman-Fried was playing with other people’s money from the time he founded FTX in 2019, as the indictment alleges, then why couldn’t they provide some scrutiny before the house of cards collapsed?
The holiday season's most popular Christmas attractions across America also receive thousands of complaints on Tripadvisor — with visitors citing long waits and high prices.
Brown University's board of trustees, including Bank of America CEO Brian Moynihan, remains silent after campus murders that killed two students and led to criticism.
Cybersecurity expert reveals how to spot fake Netflix suspension emails by checking account directly, avoiding email links and using two-factor authentication.
Mysterious cylindrical object spotted floating alongside aircraft over Rhode Island adds to the growing list of unexplained aerial encounters nationwide.
Scientists recently discovered ancient Roman self-healing concrete technology at Pompeii site that could revolutionize modern construction and infrastructure.
New health research shows that sitting next to windows helps people with type 2 diabetes control blood sugar. A small study found that natural light improved glucose regulation.
Holiday road trips get cheaper with a gallon of gas averaging $2.855, down from 2024's $3.04. Eleven states are now below the national average as Christmas travel peaks.
Chronic heartburn can lead to Barrett's esophagus and increased cancer risk. A gut health expert shares important warning signs and prevention tips.
Whistleblowing student reveals controversial immigration lessons in required University of Illinois Urbana-Champaign education course materials.
Former flight attendants warn holiday travelers about three common issues that disrupt Christmas flights and make things unpleasant for everyone involved.
FBI warns cybercriminals are stealing family photos from social media and altering them to create fake proof of life images for virtual kidnapping scams.
Groundbreaking archaeological discovery pushes back earliest evidence of human fire-making by 350,000 years to 400,000 years ago in ancient England site.
TikTok users claim eating baby carrots at night improves sleep, but Dr. Jessica Mack explains to Fox News Digital why the trend lacks scientific backing.