Cryptocurrency
Follow the latest Cryptocurrency news, videos, and analysis from ABC News.
October 24, 2024 at 7:26 PM

Nigeria releases American crypto exec after dropping money laundering case

An American cryptocurrency executive held in Nigeria for the past eight months has been released after authorities there announced that they were ending his money laundering trial on health and diplomatic grounds
October 24, 2024 at 7:26 PM
FILE - Tigran Gambaryan, an American citizen and Binance's head of financial crime compliance, attends a court hearing at the federal High Courts, in Abuja, Nigeria, April 4, 2024. (AP Photo/Olamikan Gbemiga, File)
2 months ago

Trump's new crypto venture is light on details, heavy on potential ethics landmines

After once calling cryptocurrency a scam, Donald Trump has thrown his support behind World Liberty Financial, a crypto venture whose business model is largely unclear.
2 months ago
Republican presidential candidate, former U.S. President Donald Trump arrives to a campaign rally at the Liacouras Center on June 22, 2024 in Philadelphia.
2 months ago

Sam Bankman-Fried appeals fraud conviction tied to FTX collapse

Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, was convicted because of a "false narrative," according to his defense team.
2 months ago
FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York.
2 months ago

Americans lost $5.6 billion in cryptocurrency scams in 2023: FBI

The impacts of these schemes are devastating.
2 months ago
Federal Bureau of Investigation seal is seen on J. Edgar Hoover FBI Building in Washington D.C., July 12, 2024.
2 months ago

Inside the 'crypto con' costing victims billions in losses: ABC News Investigates

Crypto investment scam losses rose from $3 billion in 2022 to $4.5 billion in 2023, the FBI said.
2 months ago
Inside the 'Crypto Con' costing victims millions in losses: ABC News Investigates
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

Where do Trump and Harris stand on cryptocurrency?

Trump has thrust the issue into the forefront of the campaign.
3 months ago
Republican presidential candidate former President Donald Trump speaks at the Bitcoin 2024 Conference, July 27, 2024, in Nashville, Tenn.
4 months ago

Crypto is here to stay, but don't trust its get-rich-quick persona, author says

ABC News' Mireya Villarreal speaks to writer, entrepreneur and influencer Nathaniel "Nat" Eliason about his new book.
4 months ago
VIDEO: Author and entrepreneur Nat Eliason on new book 'Crypto Confidential'
7 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.
7 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.
7 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.
7 months ago
VIDEO: Dozens web domains seized in crypto scam that cost victims millions
7 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.
7 months ago
FTX founder Sam Bankman-Fried leaves Federal court on July 26, 2023, in New York. (AP Photo/Mary Altaffer)
7 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.”
7 months ago
VIDEO: Sam Bankman-Fried reacts to 25-year prison sentence for financial fraud
7 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.
7 months ago
VIDEO: Sam Bankman-Fried sentenced to 25 years in prison for financial fraud
7 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.
7 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.
7 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.
7 months ago
VIDEO: Former crypto king Sam Bankman-Fried set for sentencing
8 months ago

Bitcoin soars to record high following UK approval of crypto asset

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

Bitcoin hits new record

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

Bitcoin is surging. Here's why.

Bitcoin has climbed more than 20% over the past four days.
8 months ago
Bitcoin cryptocurrency logo is displayed on a mobile phone.
9 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.
9 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.
9 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.
9 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.
10 months ago

US approved bitcoin ETFs. Are they a good investment?

Bitcoin ETFs promise significant potential gains but also notable risks.
10 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.
10 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.
10 months ago
VIDEO: What is a Bitcoin ETF and is it legal?
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year ago
VIDEO: Is the largest global cryptocurrency exchange, Binance a fraudulent front?
1 year 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.
1 year ago
In this Aug. 11, 2023, file photo, Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court in New York.
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year 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.
1 year ago
FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York.
1 year 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.
1 year ago
VIDEO: Author Michael Lewis on Sam Bankman-Fried: Intent ‘is the tricky part’
1 year ago

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

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

Coinbase has won approval for crypto futures trading in the US

Meanwhile, the Federal Trade Commission could soon ban fake product reviews online.
1 year ago
VIDEO: Coinbase has won approval for crypto futures trading in the US
1 year 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.
1 year ago
FTX founder Sam Bankman-Fried is led away handcuffed by officers of the Royal Bahamas Police Force in Nassau, Bahamas, Dec. 13, 2022
1 year 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.
1 year 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
2 years 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.
2 years ago
Nima Momeni, the owner of an IT company, has been charged with murder.
2 years 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.
2 years ago
Bob Lee, Cash App founder and former Square executive,
2 years 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.
2 years ago
VIDEO:  New details revealed about CashApp founder's murder
2 years 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.
2 years ago
VIDEO: Suspect arrested in murder of CashApp founder
2 years 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.
2 years ago
Bob Lee, Cash App founder and former Square executive,
2 years 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.
2 years ago
VIDEO:  Mystery surrounds tech executive’s fatal stabbing
2 years 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.
2 years ago
VIDEO: Cash App founder Bob Lee dead after stabbing
2 years 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.
2 years 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.
2 years 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.
2 years ago
Former Trump White House senior advisor Steve Bannon leaves federal court after being sentenced on Oct. 21, 2022 in Washington.
2 years 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.
2 years ago
VIDEO: How an FTC policy change could have a major impact on American workforce