Ftx
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Sam Bankman-Fried sentenced to 25 years for FTX fraud worth over US$8BSam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing US$8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded.U.S. NewsMar 28
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Sam Bankman-Fried could face decades in prison. Here’s what the sentences could beFTX founder Sam Bankman-Fried, 32, was convicted in November on fraud and conspiracy charges after his dramatic fall from a year earlier.U.S. NewsMar 15
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FTX bankruptcy case needs independent examiner, U.S. court rulesA three-judge panel in Philadelphia issued the ruling Friday in an appeal filed by the U.S. bankruptcy trustee, who serves as a government watchdog in Chapter 11 reorganizations.MoneyJan 22
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No need for 2nd trial of Sam Bankman-Fried after conviction, prosecutors sayProsecutors said a second trial on additional charges against the FTX founder would ignore the "strong public interest in a prompt resolution" of the case.CrimeDec 29, 2023
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After Sam Bankman-Fried’s conviction, will cryptocurrency regulation gain traction?Efforts to put guardrails on the cryptocurrency industry after the collapse of FTX and other exchanges last year have gone nowhere as lawmakers focus on other issues.TechNov 3, 2023
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Sam Bankman-Fried found guilty of fraud for cheating FTX customers, investorsAfter the month-long trial, jurors rejected Bankman-Fried's claim that he never committed fraud or meant to cheat customers before FTX collapsed into bankruptcy a year ago.U.S. NewsNov 2, 2023
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Sam Bankman-Fried testimony wraps, setting stage for trial’s closing argumentsThe four days of testimony by the 31-year-old cryptocurrency entrepreneur will be summarized by both sides before a jury begins deciding his fate as early as Thursday.MoneyOct 31, 2023
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Sam Bankman-Fried trial: What charges does he face over FTX’s collapse?Sam Bankman-Fried is set to go on trial on Tuesday on fraud and conspiracy charges related to the collapse of FTX, the now-bankrupt cryptocurrency exchange he founded and led.MoneyOct 3, 2023
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Former FTX exec says he illegally donated millions to Democrats, RepublicansRyan Salame, the former co-chief executive of FTX Digital Markets, is the fourth high-ranking official at the company or its affiliates to plead guilty to criminal charges.U.S. NewsSep 7, 2023
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FTX seeks to recoup over US$1B allegedly taken by Sam Bankman-Fried, othersThe lawsuit said the defendants continually misappropriated funds to finance luxury condominiums, political contributions and other "pet projects" while committing alleged fraud.MoneyJul 20, 2023
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