Crypto lobbyists are on manoeuvres — and we should be worried

Stay informed with free updates Simply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox. If a Martian landed on Wall Street or in Washington this Easter, they might think that crypto was in retreat. On Thursday, a New York court gave a 25-year prison sentence …

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Law firm conflicts ‘permeated FTX’s bankruptcy’, professors allege

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two law professors have claimed that Sullivan & Cromwell put its own interests before that of FTX’s stakeholders, reviving criticism over the law firm’s role in the bankrupt cryptocurrency exchange’s …

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Sam Bankman-Fried Sentenced to 25 years in prison for crypto fraud

Following a highly anticipated sentencing hearing, Sam Bankman-Fried, the former CEO of FTX, has been handed down a significant sentence for stealing billions of dollars from customers.  The sentencing, announced by Judge Lewis Kaplan in a Manhattan Federal court, marks a significant chapter in the saga surrounding the downfall of …

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Venezuelan migrants increasingly stranded in Mexico, contributing to decline in illegal crossings to US

Venezuelan migrants often find Mexico to be the most challenging part of their journey to the U.S. border. Mexico’s strategy of keeping migrants closer to its southern border offers temporary relief for U.S. authorities. Mexico’s efforts include deportations, offering financial incentives to discourage return and implementing checkpoints. Venezuelan migrants often …

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UK Greenhouse Gas Emissions Fell 5.4% In 2023, Says Data

Gas use for electricity generation fell 21.1 percent in 2023 UK greenhouse gas emissions fell by 5.4 percent in 2023, largely due to a reduction in the amount of gas used in power stations, according to official data published on Thursday. Net emissions of all greenhouse gases were estimated to …

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Meta employee calls out ‘toxic’ rules that ban staff from discussing controversial topics like Israel–Palestine

A Meta employee has expressed fears that an internal ban on controversial political topics is the beginning of censorship across its platforms like Instagram and Facebook, claiming she was removed from the company’s systems for two months after penning concerns about the Israel-Gaza conflict. Saima Akhter, a New York-based data …

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Redesigned 2025 Toyota 4Runner teased

Toyota has provided the first evidence that a redesigned 4Runner is coming soon. The automaker took to Instagram on Thursday to post a series of photos of each generation of the 4Runner. The final photo in the series showed a portion of the redesigned 4Runner, the nameplate’s sixth generation. Included …

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

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sam Bankman-Fried has been sentenced to 25 years in prison over his role in the collapse of his FTX cryptocurrency exchange, after being convicted of stealing billions of dollars in …

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Inside the crypto hype machine

Your browser does not support playing this file but you can still download the MP3 file to play locally. FT correspondent Josh Oliver spent years covering crypto and the legal troubles of Sam Bankman-Fried. Last week, he published Hype Machine, a book about it all. Today he joins us to …

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