Bankman-Fried sentenced to 25 years in prison
Sam Bankman-Fried has been sentenced to 25 years in prison. FTX imploded in November 2022, with customers losing billions of dollars in assets. Sam Bankman-Fried, the founder and former CEO…
BREAKING: Bankman-Fried sent to jail after judge revokes bail
Judge Lewis Kaplan has revoked former FTX CEO Sam Bankman-Fried’s bail. The judge has also denied the defence’s request to delay Bankman-Fried’s detention pending appeal. Bankman-Fried, whose criminal trial begins…
Bahamas denies allegations it told Bankman-Fried to mint new coins
Key Takeaways Court filings accused Bahamas officials of asking Bankman-Fired to mint new tokens and transfer them to officials The Securities Commission of the Bahamas (SCB) has also fired back…
Bankman-Fried arrested, what happens now? And where are Caroline Ellison and Sam Trabucco?
Key Takeaways Sam Bankman-Fried has been arrested in the Bahamas and faces extradition to US Alameda CEO Caroline Ellison was reportedly spotted in New York Former CEO Sam Trabucco resigned…
Testimony from the new FTX CEO John J Ray III is false, says Sam Bankman-Fried
SBF claims that some of the testimony made by John J Ray III were false. The former FTX CEO said the new team in charge didn’t communicate with him about…
A lot of people are hurt, and that’s on me, says Sam Bankman-Fried
Former FTX CEO Sam Bankman-Fried (SBF) said he wished he was on top of things. SBF added that many people are hurt, and he is responsible for that. SBF also…
FTX hacker may be a former employee, says Sam Bankman-Fried
Ex-FTX CEO Sam Bankman-Fried said the exchange’s hacker might be a former employee. The crypto exchange lost $650 million in a hack a few hours after it filed for bankruptcy.…
FTX was run as a ‘personal fiefdom’ of Bankman-Fried, says company lawyers
FTX’s lawyers have alleged that substantial assets were missing from the firm as the bankruptcy proceedings continue. Lawyers of FTX have claimed that the company was run as a ‘personal…
FTX is working on creating a stablecoin, says Sam Bankman-Fried
FTX boss Sam Bankman-Fried (SBF) has revealed that the cryptocurrency exchange is working on creating its stablecoin. Sam Bankman-Fried, the CEO of FTX crypto exchange, has revealed that the company…
Sam Bankman-Fried warns policymakers from locking in decisions that could impact DeFi
Regulating the decentralised finance (DeFi) space and the broader crypto market remains tough for regulators, and Sam Bankman-Fried has now warned against locking in decisions that could impact the space.…