Cryptocurrency
Follow the latest Cryptocurrency news, videos, and analysis from ABC News.
June 6, 2024 at 12:23 PM

Robinhood buying crytocurrency exchange Bitstamp for about $200 million

Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million as the company looks to speed up its cryptocurrency expansion globally
June 6, 2024 at 12:23 PM
FILE - Electronic screens in New York's Times Square announce the Robinhood IPO, July 29, 2021. Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp, Thursday, June 6, 2024, for about $200 million as the company looks to speed up its cryptocurrency expansion globally. (AP Photo/Mark Lennihan, File)
2 months ago

Data centers fuel AI and crypto but could threaten climate, experts say

Energy usage of data centers is expected to soar in coming years, experts say, threatening the climate.
2 months ago
A Google logo at a data center exhibition ahead of the ceremonial opening of the Google Cloud data center in Hanau, Germany, Oct. 6, 2023.
2 months ago

Dozens of web domains seized in crypto scam that cost victims millions

Authorities are warning about "pig butchering," where scammers strike online conversations with unsuspecting victims and steer them into bogus cryptocurrency investments.
2 months ago
VIDEO: Dozens web domains seized in crypto scam that cost victims millions
2 months ago

Authorities warn of growing 'pig butchering' crypto scam

Brooklyn-based victims were scammed out of $5 million after they were convinced to invest in cryptocurrency.
2 months ago
Brooklyn District Attorney Eric Gonzalez speaks on stage during 38th Annual Brooklyn Tribute To Dr. Martin Luther King, Jr. at BAM Howard Gilman Opera House, Jan. 15, 2024, in New York.
3 months ago

Bankman-Fried speaks after sentencing: 'I'm haunted, every day, by what was lost'

Former crypto entrepreneur Sam Bankman-Fried told ABC News in an exclusive interview that he is remorseful for his actions.
3 months ago
FTX founder Sam Bankman-Fried leaves Federal court on July 26, 2023, in New York. (AP Photo/Mary Altaffer)
3 months ago

Sam Bankman-Fried reacts to 25-year prison sentence for financial fraud

In written responses provided exclusively to ABC News, Bankman-Fried insists he feels remorse: “I never thought what I was doing was illegal.”
3 months ago
VIDEO: Sam Bankman-Fried reacts to 25-year prison sentence for financial fraud
3 months ago

Sam Bankman-Fried sentenced to 25 years in prison for financial fraud

In addition to the 25 years in prison, Bankman-Fried was ordered to forfeit $11 billion to compensate victims. It is one of the stiffest white-collar sentences handed down in recent years.
3 months ago
VIDEO: Sam Bankman-Fried sentenced to 25 years in prison for financial fraud
3 months ago

Disgraced crypto CEO Sam Bankman-Fried sentenced to 25 years, must pay $11 billion

Sam Bankman-Fried was sentenced to 25 years in prison Thursday for orchestrating what prosecutors have called one of the biggest financial frauds in American history.
3 months ago
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S. March 30, 2023.
3 months ago

Former crypto king Sam Bankman-Fried set for sentencing

Former FTX CEO Sam Bankman-Fried is set to be sentenced for a multibillion-dollar fraud scheme.
3 months ago
VIDEO: Former crypto king Sam Bankman-Fried set for sentencing
3 months ago

Bitcoin soars to record high following UK approval of crypto asset

The price of the cryptocurrency surpassed $72,000 on Monday.
3 months ago
Bitcoin cryptocurrency logo is displayed on a mobile phone.
3 months ago

Bitcoin hits new record

A U.K. financial regulator gave the green light to a cryptocurrency-backed investment vehicle on Monday.
3 months ago
VIDEO: Bitcoin hits new record after UK financial regulator says it’ll accept Bitcoin and ETNs
4 months ago

Bitcoin is surging. Here's why.

Bitcoin has climbed more than 20% over the past four days.
4 months ago
Bitcoin cryptocurrency logo is displayed on a mobile phone.
5 months ago

Crypto exchange Binance sued by Hamas hostages, families of Oct. 7 victims

The lawsuit, filed in Manhattan federal court, also named Iran and Syria and is the first of what could be a torrent of lawsuits over the Hamas attack against Israel.
5 months ago
The Binance Exchange application for download in the Apple Inc. App Store on a smartphone arranged in Dobbs Ferry, New York, Feb. 20, 2021.
5 months ago

Pastor created 'worthless' Christian cryptocurrency to support 'lavish lifestyle'

A pastor and his wife who created a cryptocurrency targeting Christians and used the money to fund their “lavish lifestyle” has been charged with fraud, authorities say.
5 months ago
Eli Regalado, a pastor, and his wife who created a cryptocurrency targeting Christian communities and using the money to fund their “lavish lifestyle” has been charged with fraud, authorities in Colorado say.
5 months ago

US approved bitcoin ETFs. Are they a good investment?

Bitcoin ETFs promise significant potential gains but also notable risks.
5 months ago
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 11, 2024 in New York City.
5 months ago

What is a Bitcoin ETF and is it legal?

The Securities and Exchange Commission will decide whether the Bitcoin investment product is legal.
5 months ago
VIDEO: What is a Bitcoin ETF and is it legal?
6 months ago

Is El Salvador’s crypto push working? Some concerns remain amid sharp reforms

President Bukele says that the country is now making a profit on Bitcoin investment amid economic and social reforms in the country.
6 months ago
President of El Salvador Nayib Bukele speaks during the 72nd Miss Universe Competition at Gimnasio Nacional Jose Adolfo Pineda, Nov. 18, 2023, in San Salvador, El Salvador.
7 months ago

Binance founder Chengpeng Zhao pleads guilty to money laundering charges: DOJ

Binance founder Chengpeng Zhao to plead guilty to money laundering charges, DOJ said Tuesday.
7 months ago
Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., during a session at the Web Summit in Lisbon, Portugal, Nov. 2, 2022.
7 months ago

Is the largest global cryptocurrency exchange, Binance a fraudulent front?

Binance CEO and founder, Changpeng Zhao set to plead guilty to violating U.S. anti-money laundering laws; Zhao is expected to step down and pay $50 million fine.
7 months ago
VIDEO: Is the largest global cryptocurrency exchange, Binance a fraudulent front?
8 months ago

Key moments from trial of former FTX CEO Sam Bankman-Fried

FTX founder Sam Bankman-Fried is standing trial nearly a year after the cryptocurrency trading platform's collapse.
8 months ago
In this Aug. 11, 2023, file photo, Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court in New York.
8 months ago

Sam Bankman-Fried says he didn't know about hedge fund spending $8B

FTX founder and former crypto billionaire Sam Bankman-Fried continued to testify Tuesday at his federal fraud and conspiracy trial.
8 months ago
FTX founder Sam Bankman-Fried is questioned by defense lawyer Mark Cohen as he testifies in his fraud trial over the collapse of the bankrupt cryptocurrency exchange, at federal court in New York, Oct. 30, 2023, in this courtroom sketch.
8 months ago

FTX founder testifies Caroline Ellison 'started crying' at hedge fund concerns

FTX founder Sam Bankman-Fried told the jury Monday he confronted Caroline Ellison with concerns Alameda Research could become insolvent.
8 months ago
FTX founder Sam Bankman-Fried is questioned by defense lawyer Mark Cohen as he testifies in his fraud trial over the collapse of the bankrupt cryptocurrency exchange, at federal court in New York, Oct. 30, 2023, in this courtroom sketch.
8 months ago

Sam Bankman-Fried didn't think rules applied to him, ex-girlfriend says

Sam Bankman-Fried believed in utilitarianism and said rules against lying or stealing inhibited his ability to maximize the greatest benefit, his ex-girlfriend testified.
8 months ago
Former crypto hedge fund Alameda Research CEO Caroline Ellison departs the trial of former FTX Chief Executive Sam Bankman-Fried who is facing fraud charges over the collapse of the bankrupt cryptocurrency exchange, at Federal Court in New York City, Oct. 10, 2023.
8 months ago

Sam Bankman-Fried thought he had 5% chance of becoming president, ex-girlfriend says

Disgraced crypto executive Sam Bankman-Fried thought there was a "5% chance he would become president," his ex-girlfriend testified Tuesday.
8 months ago
FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York.
8 months ago

Author Michael Lewis on Sam Bankman-Fried: Intent ‘is the tricky part’

ABC News’ Linsey Davis spoke with author Michael Lewis about his new book, “Going Infinite: The Rise and Fall of a New Tycoon,” on the collapse of Sam Bankman-Fried’s crypto empire.
8 months ago
VIDEO: Author Michael Lewis on Sam Bankman-Fried: Intent ‘is the tricky part’
9 months ago

Trial of former crypto billionaire Sam Bankman-Fried set to begin

Sam Bankman-Fried's trial could last as long as six weeks.
9 months ago
Indicted FTX founder Sam Bankman-Fried leaves the United States Courthouse in New York City, July 26, 2023.
10 months ago

Coinbase has won approval for crypto futures trading in the US

Meanwhile, the Federal Trade Commission could soon ban fake product reviews online.
10 months ago
VIDEO: Coinbase has won approval for crypto futures trading in the US
10 months ago

FTX founder Sam Bankman-Fried still faces campaign finance charge, prosecutors say

Prosecutors had dropped the charge against Bankman-Fried last month on a technicality.
10 months ago
FTX founder Sam Bankman-Fried is led away handcuffed by officers of the Royal Bahamas Police Force in Nassau, Bahamas, Dec. 13, 2022
10 months ago

Prosecutors seek bail revocation for FTX founder Sam Bankman-Fried

Prosecutors balked at Bankman-Fried's sharing with The New York Times excerpts from the personal documents of Caroline Ellison, who led his Alameda Research hedge fund.
10 months ago
FTX Founder Sam Bankman-Fried arrives at Manhattan Federal Court for a court appearance on July 26, 2023 in New York City.
1 year ago

Founder of cryptocurrency lending platform Celsius Network arrested

Alexander Mashinsky founded Celsius in 2018.
1 year ago
The logo of the crypto company Celsius is seen on the screen of a computer in an office.
1 year ago

Founder of cryptocurrency lending platform Celsius Network arrested

Federal prosecutors alleged Alexander Mashinsky was misrepresenting the company’s financial health before it collapsed into bankruptcy a year ago.
1 year ago
Federal prosecutors alleged Alexander Mashinsky was misrepresenting the company’s financial health before it collapsed into bankruptcy a year ago.
1 year ago

Crypto exchange company Coinbase being sued

The largest U.S. cryptocurrency platform is accused of operating illegally because it failed to register as an exchange.
1 year ago
VIDEO: Cyrpto exchange company Coinbase being sued
1 year ago

Bitcoin has climbed 65% this year despite crypto woes. Experts explain why.

Bitcoin has benefited from a shift to well-known coins, experts said.
1 year ago
A representation of bitcoin is seen in an illustration picture.
1 year ago

Bitcoin prices surging

The digital currency benefited from a shift to well-known coins amid crypto woes: Experts
1 year ago
The digital currency benefited from a shift to well-known coins amid crypto woes: Experts
1 year ago

Arraignment delayed for suspect in killing of Cash App founder Bob Lee

Nima Momeni, the owner of an IT company, has been charged with murder.
1 year ago
Nima Momeni, the owner of an IT company, has been charged with murder.
1 year ago

Arraignment delayed for suspect in killing of Cash App founder Bob Lee

Nima Momeni, the owner of an IT company, has been charged with murder.
1 year ago
Bob Lee, Cash App founder and former Square executive,
1 year ago

New details revealed about CashApp founder's murder

Court documents released Friday revealed gruesome details about the stabbing of tech exec Bob Lee. Authorities say that Lee may have known the suspect, now in custody.
1 year ago
VIDEO:  New details revealed about CashApp founder's murder
1 year ago

Suspect arrested in murder of CashApp founder

San Francisco police arrested fellow tech entrepreneur Nima Momeni, 38, in the death of CashApp creator Bob Lee, who was found stabbed earlier this month.
1 year ago
VIDEO: Suspect arrested in murder of CashApp founder
1 year ago

Fear, grief after death of Cash App founder: 'Everybody is talking about it'

"You have people talking about carrying pepper spray," a local employee said.
1 year ago
Bob Lee, Cash App founder and former Square executive,
1 year ago

Mystery surrounds tech executive’s fatal stabbing

Cash App founder Bob Lee was stabbed and killed on the street in San Francisco, police said. ABC News’ Derricke Dennis has more.
1 year ago
VIDEO:  Mystery surrounds tech executive’s fatal stabbing
1 year ago

Cash App founder Bob Lee dead after stabbing

Police responded to a report of a stabbing early Tuesday morning in San Francisco and later confirmed the tech entrepreneur's identity.
1 year ago
VIDEO: Cash App founder Bob Lee dead after stabbing
1 year ago

Disgraced crypto exec Sam Bankman-Fried faces new bribery charge and bail conditions

Embattled crypto executive Sam Bankman-Fried now faces a criminal charge of conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act.
1 year ago
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, departs from his court hearing at Manhattan federal court in New York City, Jan. 3, 2023.
1 year ago

Federal prosecutors looking into Bannon-backed cryptocurrency $FJB, say sources

A cryptocurrency linked to former Trump White House strategist Steve Bannon and Trump adviser Boris Epshteyn has caught the attention of federal prosecutors, sources say.
1 year ago
Former Trump White House senior advisor Steve Bannon leaves federal court after being sentenced on Oct. 21, 2022 in Washington.
1 year ago

How an FTC policy change could have a major impact on American workforce

ABC News’ Elizabeth Schulze reports on the debate raging over a proposed Federal Trade Commission policy that would ban non-compete clauses in contracts.
1 year ago
VIDEO: How an FTC policy change could have a major impact on American workforce
1 year ago

Former FTX exec pleads guilty to charges related to crypto exchange's collapse

Nishad Singh, former director of engineering at FTX, pleaded guilty Tuesday to charges related to the cryptocurrency exchange's collapse.
1 year ago
Representations of cryptocurrencies are seen in front of displayed FTX logo.
1 year ago

Man accused of stealing $18K in power for hidden crypto mine

Out-of-place wires and temporary ductwork led detectives to the discovery, police said.
1 year ago
Out-of-place wires and temporary ductwork led detectives to the discovery, police said.
1 year ago

FTX founder Sam Bankman-Fried faces 4 new charges

Disgraced FTX founder Sam Bankman-Fried of conspiracy contained in a superseding indictment unsealed Thursday.
1 year ago
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, exits the Manhattan federal court in New York City, Feb. 16, 2023.
1 year ago

NBA Hall of Famer pays major penalty for illegally promoting crypto

Basketball Hall of Famer Paul Pierce has come to a settlement after he touted EMAX tokens.
1 year ago
Boston Celtics guard Paul Pierce (34) makes a move with the basketball against the Los Angeles Lakers during an NBA game, Jan. 30, 2011 in Los Angeles.
1 year ago

Judge raises possibility of revoking Sam Bankman-Fried's bail

A judge raised the possibility of revoking bail and remanding Sam Bankman-Fried into custody for possible witness tampering.
1 year ago
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, exits the Manhattan federal court in New York City, U.S. February 16, 2023. R
1 year ago

FTX's new CEO says independent investigation would be a waste of money

FTX's new chief executive told a bankruptcy court Monday there is "a danger" to authorizing an independent investigation of the crypto exchange's collapse.
1 year ago
The logo of FTX is seen at the entrance of the FTX Arena in Miami, Nov. 12, 2022.