Cryptocurrency
Follow the latest Cryptocurrency news, videos, and analysis from ABC News.
April 20, 2024 at 10:13 AM

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.
April 20, 2024 at 10:13 AM
Data centers fuel AI and crypto but could threaten climate, experts say
April 5, 2024 at 9:57 PM

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.
April 5, 2024 at 9:57 PM
Dozens of web domains seized in crypto scam that cost victims millions
April 4, 2024 at 8:08 PM

Brooklyn prosecutors target 'pig butchering' crypto scam that cost victims millions

Brooklyn-based victims were scammed out of $5 million after they were convinced to invest in cryptocurrency.
April 4, 2024 at 8:08 PM
Authorities warn of growing 'pig butchering' crypto scam
April 1, 2024 at 3:38 PM

FTX founder Sam Bankman-Fried speaks out 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.
April 1, 2024 at 3:38 PM
Bankman-Fried speaks after sentencing: 'I'm haunted, every day, by what was lost'
April 1, 2024 at 2:19 PM

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.”
April 1, 2024 at 2:19 PM
Sam Bankman-Fried reacts to 25-year prison sentence for financial fraud
1 month 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.
1 month ago
Sam Bankman-Fried sentenced to 25 years in prison for financial fraud
1 month ago

Disgraced former FTX CEO Sam Bankman-Fried sentenced to 25 years for financial fraud, must forfeit $11 billion for victims

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.
1 month ago
Disgraced crypto CEO Sam Bankman-Fried sentenced to 25 years, must pay $11 billion
1 month 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.
1 month ago
Former crypto king Sam Bankman-Fried set for sentencing
1 month ago

Bitcoin soars to record high following UK approval of crypto asset

The price of the cryptocurrency surpassed $72,000 on Monday.
1 month ago
Bitcoin soars to record high following UK approval of crypto asset
1 month ago

Bitcoin hits new record

A U.K. financial regulator gave the green light to a cryptocurrency-backed investment vehicle on Monday.
1 month ago
Bitcoin hits new record
2 months ago

What's driving the bitcoin surge? Experts weigh in.

Bitcoin has climbed more than 20% over the past four days.
2 months ago
Bitcoin is surging. Here's why.
3 months ago

Crypto exchange Binance sued by Hamas hostages, Oct. 7 victims' families for allegedly 'facilitating terrorism'

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

Pastor created 'worthless' cryptocurrency targeting Christians to support 'lavish lifestyle': Authorities

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.
3 months ago
Pastor created 'worthless' Christian cryptocurrency to support 'lavish lifestyle'
3 months ago

US approved bitcoin ETFs. Are they a good investment?

Bitcoin ETFs promise significant potential gains but also notable risks.
3 months ago
US approved bitcoin ETFs. Are they a good investment?
3 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.
3 months ago
What is a Bitcoin ETF and is it legal?
4 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.
4 months ago
Is El Salvador’s crypto push working? Some concerns remain amid sharp reforms
5 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.
5 months ago
Binance founder Chengpeng Zhao pleads guilty to money laundering charges: DOJ
5 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.
5 months ago
Is the largest global cryptocurrency exchange, Binance a fraudulent front?
6 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.
6 months ago
Key moments from trial of former FTX CEO Sam Bankman-Fried
6 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.
6 months ago
Sam Bankman-Fried says he didn't know about hedge fund spending $8B
6 months ago

Sam Bankman-Fried testimony: FTX founder deflects blame in testimony for collapse

FTX founder Sam Bankman-Fried told the jury Monday he confronted Caroline Ellison with concerns Alameda Research could become insolvent.
6 months ago
FTX founder testifies Caroline Ellison 'started crying' at hedge fund concerns
6 months ago

FTX founder 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.
6 months ago
Sam Bankman-Fried didn't think rules applied to him, ex-girlfriend says
6 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.
6 months ago
Sam Bankman-Fried thought he had 5% chance of becoming president, ex-girlfriend says
7 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.
7 months ago
Author Michael Lewis on Sam Bankman-Fried: Intent ‘is the tricky part’
7 months ago

Former FTX CEO Sam Bankman-Fried's trial set to begin Tuesday

Sam Bankman-Fried's trial could last as long as six weeks.
7 months ago
Trial of former crypto billionaire Sam Bankman-Fried set to begin
8 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.
8 months ago
Coinbase has won approval for crypto futures trading in the US
9 months ago

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

Prosecutors had dropped the charge against Bankman-Fried last month on a technicality.
9 months ago
FTX founder Sam Bankman-Fried still faces campaign finance charge, prosecutors say
9 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.
9 months ago
Prosecutors seek bail revocation for FTX founder Sam Bankman-Fried
9 months ago

Founder of cryptocurrency lending platform Celsius Network arrested

Alexander Mashinsky founded Celsius in 2018.
9 months ago
Founder of cryptocurrency lending platform Celsius Network arrested
9 months 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.
9 months ago
Founder of cryptocurrency lending platform Celsius Network arrested
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
Crypto 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
Bitcoin has climbed 65% this year despite crypto woes. Experts explain why.
1 year ago

Bitcoin prices surging

The digital currency benefited from a shift to well-known coins amid crypto woes: Experts
1 year ago
Bitcoin prices surging
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
Arraignment delayed for suspect in killing of Cash App founder Bob Lee
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
Arraignment delayed for suspect in killing of Cash App founder Bob Lee
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
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
Suspect arrested in murder of CashApp founder
1 year ago

Fear, grief after killing of Cash App founder Bob Lee: 'Everybody is talking about it'

"You have people talking about carrying pepper spray," a local employee said.
1 year ago
Fear, grief after death of Cash App founder: 'Everybody is talking about it'
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
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
Cash App founder Bob Lee dead after stabbing
1 year ago

Disgraced crypto exec Sam Bankman-Fried faces new bribery charge, pleads not guilty

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
Disgraced crypto exec Sam Bankman-Fried faces new bribery charge and bail conditions
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
Federal prosecutors looking into Bannon-backed cryptocurrency $FJB, say sources
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
How an FTC policy change could have a major impact on American workforce
1 year ago

Former FTX executive Nishad Singh 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
Former FTX exec pleads guilty to charges related to crypto exchange's collapse
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
Man accused of stealing $18K in power for hidden crypto mine
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
FTX founder Sam Bankman-Fried faces 4 new charges
1 year ago

Celtics legend Paul Pierce pays $1.5 million penalty for promoting crypto without disclosing payment

Basketball Hall of Famer Paul Pierce has come to a settlement after he touted EMAX tokens.
1 year ago
NBA Hall of Famer pays major penalty for illegally promoting crypto
1 year ago

Judge raises possibility of revoking Sam Bankman-Fried's bail over possible witness tampering

A judge raised the possibility of revoking bail and remanding Sam Bankman-Fried into custody for possible witness tampering.
1 year ago
Judge raises possibility of revoking Sam Bankman-Fried's bail
1 year ago

FTX's new CEO tells bankruptcy court 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
FTX's new CEO says independent investigation would be a waste of money
1 year ago

New York City woman charged with financing terrorist groups in Syria through cryptocurrency

A New York City woman has been charged with using cryptocurrency to provide financial support to terrorist groups in Syria.
1 year ago
US woman charged with financing terrorist groups through crypto