KVSP Bankman-Fried
Victor J. Blue/Bloomberg via Getty Images (NEW YORK) — Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, was convicted because of a “false narrative” told by federal prosecutors at a trial “tainted” by errors, his attorneys argued in a new court filing Friday to a federal appeals court. “Fair trial principles were swept away […]
Mint Images/Getty Images (NEW YORK) — A jury has found FTX founder Sam Bankman-Fried guilty on all charges in his federal fraud and conspiracy trial. The jury deliberated for a little over four hours before reaching a verdict on Thursday. “We will have decorum in the courtroom when the verdict is announced,” Judge Lewis Kaplan […]
Witthaya Prasongsin/Getty Images (NEW YORK) — Sam Bankman-Fried testified Tuesday at his federal fraud and conspiracy trial he was unaware that while he was chief executive of Alameda Research, employees at the hedge fund were spending $8 billion of FTX customer funds. “When you claim you learned in September and October [2022] that $8 billion […]
Mint Images/Getty Images (NEW YORK) — Four months before FTX collapsed into bankruptcy, Sam Bankman-Fried told the jury Monday at his federal fraud and conspiracy trial he confronted Caroline Ellison with concerns Alameda Research — his companion hedge fund — could become insolvent. He testified that he told Ellison, who was then co-chief executive of […]
ftwitty/Getty Images (NEW YORK) — Former FTX CEO Sam Bankman-Fried is expected to testify as soon as Thursday in his own defense, his lawyers signaled during a telephone hearing Wednesday while the trial is paused. The fraud trial in Manhattan federal court resumes Thursday, when the government is expected to rest its case. Defense attorneys […]
Michael M. Santiago/Getty Images (NEW YORK) — Disgraced crypto executive Sam Bankman-Fried thought there was a “5% chance he would become president,” his ex-girlfriend testified Tuesday at his federal criminal trial. Caroline Ellison, one of the government’s star witnesses, said she and the 31-year-old Bankman-Fried “started sleeping together on and off” in 2018 and dated in […]
Stephanie Keith/Bloomberg via Getty Images (SAN FRANCISCO) — Embattled crypto executive Sam Bankman-Fried agreed on Monday to stop using Signal and other encrypted messaging apps as a condition of his release on bail, according to a letter his attorney filed with the court. However, Bankman-Fried sought permission from the judge to use WhatsApp with monitoring […]
(NEW YORK) — Disgraced crypto executive Sam Bankman-Fried has made “recent attempts” to contact prospective witnesses in his criminal case, federal prosecutors said Friday in a letter to the judge that sought new conditions of his release. Bankman-Fried has been free on a $250 million bond after he was charged with fraud and conspiracy following the […]
ABC News (NEW YORK) — Sam Bankman-Fried has landed in the U.S. to face federal charges after agreeing to extradition in a Bahamian court on Wednesday. The disgraced former CEO was put on a U.S. government plane for a flight to New York. He landed in Westchester County Airport. “I hereby consent in writing to […]
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