Search Result for 'Sam Bankman-Fried'

Defense lawyers asked for 6.5 years or less in prison for Sam Bankman-Fried ahead of FTX fraud sentencing, citing his character and philanthropy. Bankman-Fried faces up to 20 ...

Sam Bankman-Fried, former CEO of the collapsed cryptocurrency exchange FTX, has retained new counsel ahead of his sentencing on fraud charges related to FTX's failure. Bankman-Fried was convicted ...

Sam Bankman-Fried, former CEO of FTX, was found guilty on all fraud charges related to FTX's collapse. He now faces sentencing in March 2024 that could result in ...

Sam Bankman-Fried, former CEO of cryptocurrency exchange FTX, was found guilty on all counts of fraud in Manhattan federal court. Bankman-Fried was charged with stealing billions in customer ...

Sam Bankman-Fried, founder of the collapsed crypto exchange FTX, repeatedly denied knowing that billions in customer funds were misused until just before the company's bankruptcy. He claimed ignorance ...

SBF claimed spending FTX customers' money was just part of "risk management" for Alameda Research while he was CEO of both companies. Remarkably, SBF says no one was ...

Sam Bankman-Fried's parents were prestigious Stanford law professors who gave FTX credibility and enabled its rapid growth with their reputation, connections, advice and investments. FTX's success made Bankman-Fried ...

Sam Bankman-Fried testified that he believed Alameda Research had enough assets to cover an $8 billion debt to FTX until just before the collapse. He was unconcerned by ...

SBF denied knowing details about North Dimension entity used to allegedly launder FTX customer funds, contradicting other testimony SBF claimed ignorance about moving user funds from Alameda to ...

Bankman-Fried blamed former top lieutenants like Caroline Ellison for FTX's collapse, saying he had concerns about Alameda's hedging and did not think FTX had a balance sheet hole. ...