WASHINGTON (Reuters) – Some former FTX customers expressed anger and disappointment on Thursday after Sam Bankman-Fried, the crypto exchange’s former billionaire boss, was sentenced to 25 years in prison for stealing $8…
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried’s lawyers have complained that prosecutors at his fraud trial are portraying the FTX cryptocurrency exchange founder as a “cartoon of a villain,” but…
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried’s fraud trial kicked off this week, nearly a year after the FTX cryptocurrency exchange he founded declared bankruptcy in a collapse that shocked…
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried’s trial places the former billionaire in a Manhattan courtroom alongside prosecutors steeped in financial crimes and political corruption cases, a veteran judge, and…
By Luc Cohen (Reuters) – Sam Bankman-Fried’s fraud trial, which is set to kick off on Tuesday, marks the culmination of a yearlong legal saga stemming from the dramatic collapse of the…
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried, the founder of now-bankrupt cryptocurrency exchange FTX, has been preparing for his Oct. 3 trial on fraud charges from behind bars since Aug.…
By Luc Cohen NEW YORK (Reuters) – In U.S. prosecutors’ telling, Sam Bankman-Fried embezzled money from depositors in his FTX cryptocurrency exchange ever since he launched it in 2019, and the resulting…
By Jonathan Stempel NEW YORK (Reuters) – Lawyers for Sam Bankman-Fried on Friday rejected as “entirely inadequate” the U.S. government’s plan for letting the jailed founder of the collapsed FTX cryptocurrency exchange…
(Reuters) – Semafor is planning to buy out FTX founder Sam Bankman-Fried’s roughly $10 million investment in the news startup, the New York Times reported on Wednesday, citing the company’s chief executive…
Crypto Firm With Ties To Sam Bankman-Fried’s Failed Hedge Fund Weighing Bankruptcy: REPORT John Hugh DeMastri on January 5, 2023 Prominent crypto firm Genesis Global Trading — which had major ties to…
By Dietrich Knauth (Reuters) – Collapsed crypto exchange FTX on Thursday asked a U.S. bankruptcy judge to stop crypto lender BlockFi from laying claim to more than $440 million worth of Robinhood…
(Reuters) – Non-profit investigative news outlet ProPublica will return $1.6 million it received from the family foundation of FTX founder Sam Bankman-Fried, according to a staff memo seen by Reuters on Tuesday.…
Where Is Sam Bankman-Fried’s Business Partner Ex-Girlfriend? John Hugh DeMastri on December 14, 2022 The unconfirmed location of Caroline Ellison, ex-CEO of Alameda Research and reported ex-girlfriend of fallen crypto tycoon Sam…
‘House Of Cards’: SEC Lawsuit Alleges Bankman-Fried’s Multibillion Dollar Fraud On FTX Began ‘From The Start’ John Hugh DeMastri on December 13, 2022 The U.S. Securities and Exchange Commission (SEC) charged Sam…
Sam Bankman-Fried’s Operative Mom Steps Down From Dem Dark Money Group: REPORT John Hugh DeMastri on November 16, 2022 Following the collapse of crypto exchange FTX amid allegations that co-founder Sam Bankman-Fried…
By Hannah Lang (Reuters) – Sam Bankman-Fried earned a reputation as savior of the crypto industry when he bailed out two platforms earlier this year. But when FTX, the exchange he co-founded…
(Reuters) – Bankrupt crypto lender Voyager Digital said a recent joint proposal from FTX and Alameda Ventures was a “low-ball bid dressed up as a white knight rescue” and alleged the plan…