Billionaire Founder of Coinbase Rejects Sam Bankman-Fried’s Account of Events, Says Funds Were ‘Stolen’

Brian Armstrong, the CEO of major crypto exchange Coinbase has said that he believes Sam Bankman-Fried stole customer funds, which ultimately led to FTX's demise early last month. This contrasts sharply with what Bankman-Fried has been arguing in a string of public interviews....
Read More: Billionaire Founder of Coinbase Rejects Sam Bankman-Fried’s Account of Events, Says Funds Were ‘Stolen’

Related market context

Research Jun 13, 2026 22h ago

Kalshi's rise highlights the growing institutional interest in regulated prediction markets, potentially reshaping financial tradi...

Crypto Briefing Open

Cryptocurrency Jun 13, 2026 1d ago

Coinbase CEO Brian Armstrong announced on June 13 that gold and silver futures are now trading around the clock in the United Stat...

Bitcoin News Open

Bitcoin Jun 14, 2026 4h ago

TL;DR GameStop’s Form 10-Q includes digital asset custody risk disclosures. The filing discusses circumstances in which a custodia...

NewsBTC Open

Altcoin Jun 13, 2026 1d ago

Ripple CEO Brad Garlinghouse went directly at JPMorgan chief Jamie Dimon on Fox Business Wednesday, accusing him of ‘intentional m...

Cryptonews Open

Cryptocurrency Jun 12, 2026 1d ago

Coinbase is teasing the next phase of its Everything Exchange vision built around one account for crypto, stocks, ETFs, cash, perp...

Bitcoin News Open

Bitcoin Jun 12, 2026 2d ago

TL;DR Coinbase’s Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practica...

NewsBTC Open