Changpeng Zhao, widely known as CZ, will step down from Binance, the crypto company he founded in 2017, as part of a deal with the Department of Justice and U.S. regulators. Patricia De Melo Moreira/AFP via Getty Images hide caption
cryptocurrency
A jury took less than five hours to convict former FTX CEO Sam Bankman-Fried of fraud and money laundering. Michael M. Santiago/Getty Images hide caption
He lost $200,000 when FTX imploded last year. He's still waiting to get it back
After a monthlong trial, New York City jury found former FTX CEO Sam Bankman-Fried guilty of seven criminal counts, including securities fraud. Michael M. Santiago/Getty Images hide caption
Caroline Ellison leaves federal court in Manhattan after testifying during the trial of former FTX CEO Sam Bankman-Fried on Oct. 10. Ellison said Bankman-Fried was the main decision-maker and steered her to transfer funds from cryptocurrency exchange FTX to Alameda Research, a financial firm she headed. Michael M. Santiago/Getty Images hide caption
Naum Lantsman in his Los Angeles home. He fell victim to a cryptocurrency scam and ended up losing his entire life savings. Grace Widyatmadja/NPR hide caption
Securities and Exchange Commission Chair Gary Gensler listens during a meeting of top financial regulators at the U.S. Treasury Department on Oct. 3, 2022, in Washington, D.C. The SEC's lawsuit against crypto exchanges Binance and Coinbase this week are intended to bring both under the regulatory purview of the agency. Anna Moneymaker/Getty Images hide caption
Wall Street's top cop is determined to bring crypto to heel. He just took a big shot
FTX founder Sam Bankman-Fried arrives at the U.S. Federal Court in New York for a hearing on Feb. 16, 2023. As he awaits trial, the disgraced former CEO is defending himself in the court of public opinion. Timothy A. Clary/AFP via Getty Images hide caption
Disgraced FTX founder Sam Bankman-Fried has another big problem: He won't shut up
Coinbase is a U.S.-based publicly traded cryptocurrency exchange. Chris Delmas]/AFP via Getty Images hide caption
Former FTX chief executive Sam Bankman-Fried arrives in a Manhattan federal court in New York on Jan. 3. Bankman-Fried pled not guilty to criminal fraud charges related to the spectacular collapse of his crypto exchange. Ed Jones/AFP via Getty Images hide caption
Sam Bankman-Fried pleads not guilty to fraud and other charges tied to FTX's collapse
In this photo provided by the North Korean government, North Korean leader Kim Jong Un attends a ruling party congress in Pyongyang on Jan. 12, 2021. North Korean hackers have stolen an estimated 1.5 trillion won ($1.2 billion) in cryptocurrency and other virtual assets in the past five years, South Korea's spy agency said Thursday. Korean Central News Agency/Korea News Service via AP, File hide caption
Sam Bankman-Fried's crypto empire abruptly collapsed last month. Now he's been charged with multiple counts of fraud. He's seen here speaking during a House Agriculture Committee hearing in May. Tom Williams/CQ-Roll Call via Getty Images hide caption
U.S. Rep. Madison Cawthorn, R-N.C., speaks to supporters and the media in May at his primary election night watch party in Hendersonville, N.C.. Nell Redmond/AP hide caption
An advertisement for Bitcoin cryptocurrency is displayed on a street Feb. 17 in Hong Kong. Bitcoin slumped to a two-year low Wednesday. Kin Cheung/AP hide caption
At the beginning of the pandemic, Michelle Milkowski started investing in penny stocks. A few months later, she bought cryptocurrency for the first time. Kholood Eid for NPR hide caption
Amid the hype, they bought crypto near its peak. Now, they cope with painful losses
Images from the Bored Ape Yacht Club NFT series. Mario Tama/Getty Images hide caption
A visual representation of the digital Cryptocurrency, Bitcoin. A new report says the technology's security is vulnerable. Dan Kitwood/Getty Images hide caption
Cryptocurrency tech is vulnerable to tampering, a DARPA analysis finds
Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021. Lam Yik/Bloomberg via Getty Images hide caption
The mobile phone icon for the Coinbase app is shown in New York on April 13, 2021. Richard Drew/AP hide caption
El Salvador's El Zonte is now popularly known as "Bitcoin Beach," for being the first town to use the cryptocurrency as a form of payment for services, products and salaries. Juan Carlos for NPR hide caption
A view of the Compute North facility in rural Nebraska. John Ruwitch/NPR hide caption
Left: Miami skyline Right: NYC skyline. Miami and New York City are competing to become the country's crypto capital. Lynne Sladky/AP; Patrick Smith/Getty Images hide caption