Key moments from trial of former FTX CEO Sam Bankman-Fried Wednesday, November 1 by ABC News(NEW YORK) -- Jurors will soon begin deliberating in the trial of FTX founder Sam Bankman-Fried, nearly a year after the cryptocurrency trading platform's collapse, as federal prosecutors are accusing him of orchestrating one of the largest financial frauds in U.S. history.Bankman-Fried, 31, faces... Read More.
Sam Bankman-Fried testimony: FTX founder testifies on Alameda Research concerns Monday, October 30 by ABC News(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... Read More.
FTX founder Sam Bankman-Fried didn’t think rules applied to him, ex-girlfriend says Wednesday, October 11 by ABC News(NEW YORK) -- FTX founder Sam Bankman-Fried believed in utilitarianism and thought rules against lying or stealing inhibited his ability to maximize the greatest benefit for the most people, his former girlfriend and co-worker testified Wednesday at his federal fraud trial."He didn't think rules... Read More.
Former FTX CEO Sam Bankman-Fried’s trial set to begin Tuesday Tuesday, October 3 by ABC News(NEW YORK) -- The trial of Sam Bankman-Fried, FTX founder and former crypto billionaire, is set to begin Tuesday with jury selection after federal prosecutors accused him of orchestrating one of the largest financial frauds in U.S. history.Jury selection is expected to take place... Read More.
Judge revokes bail for disgraced FTX founder Sam Bankman-Fried Friday, August 11 by ABC News(NEW YORK) -- Disgraced FTX founder Sam Bankman-Fried has had his bail revoked and he has been immediately remanded to custody of the U.S. Marshals.Judge Lewis A. Kaplan made the ruling to send Bankman-Fried to jail during a hearing Friday in U.S. District Court... Read More.
FTX founder Sam Bankman-Fried still slapped with campaign finance charge, prosecutors say Tuesday, August 8 by ABC News(NEW YORK) -- Federal prosecutors in New York on Tuesday signaled their intention to hold embattled crypto executive Sam Bankman-Fried accountable for alleged campaign finance violations despite dropping the charge last month on a technicality.Bankman-Fried, the former founder and CEO of cryptocurrency FTX, was slapped... Read More.
Prosecutors seek bail revocation for FTX founder Sam Bankman-Fried Friday, August 4 by ABC News(NEW YORK) -- Disgraced crypto executive Sam Bankman-Fried deserves to have his bail revoked and to be detained before he is tried for fraud and conspiracy charges stemming from the collapse of FTX, federal prosecutors in New York said in a new court filing.Prosecutors... Read More.
FTX crypto collapse: Sam Bankman-Fried seeks to dismiss most criminal charges Tuesday, May 9 by ABC News(NEW YORK) -- Sam Bankman-Fried on Monday sought to dismiss most of the criminal charges he faces in connection with the collapse of FTX, the crypto exchange he founded.Bankman-Fried filed a motion to dismiss 10 of the 13 counts he faces, including fraud, conspiracy... Read More.
Former FTX executive Nishad Singh pleads guilty to charges related to crypto exchange’s collapse Tuesday, February 28 by ABC News(NEW YORK) -- Nishad Singh, former director of engineering at FTX, the bankrupt cryptocurrency exchange founded by Sam Bankman-Fried, agreed Tuesday to plead guilty to criminal charges, according to his lawyers and federal prosecutors in New York.Singh agreed to plead guilty to six counts of... Read More.
FTX founder Sam Bankman-Fried faces four new charges Thursday, February 23 by ABC News(NEW YORK) -- Disgraced FTX founder Sam Bankman-Fried faces four additional criminal charges of conspiracy contained in a superseding indictment unsealed Thursday.The new charges include conspiracy to commit bank fraud and conspiracy to operate an unlicensed money transfer business.Bankman-Fried, 30, now faces a total... Read More.
