INSIDER
An apologetic FTX co-founder has been sentenced to no time in prison after a prosecutor and a judge praised his cooperation against Sam Bankman-Fried and his efforts to recover money for victims of the cryptocurrency fraud.
A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire has been sentenced to two years in prison for participating in what a prosecutor said was one of the largest recent financial frauds in U.S. history.
Lawyers for Sam Bankman-Fried have filed an appeal claiming that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty before he was even arrested.
Caroline Ellison, a former top executive in FTX founder Sam Bankman-Fried's collapsed cryptocurrency empire, is seeking no prison time at her sentencing later this month.
A federal judge has sentenced former FTX executive Ryan Salame to more than seven years in prison.
Sam Bankman-Fried, the former CEO of the cryptocurrency exchange FTX was sentenced to 25 years in prison after being convicted of fraud for stealing at least $10 billion from customers and investors.
Federal prosecutors are asking a New York judge to sentence FTX founder Sam Bankman-Fried to between 40 and 50 years in prison for cryptocurrency crimes they described as a “historic fraud.”.
In a closing argument, a prosecutor told a New York jury to follow overwhelming evidence and the “pyramid of deceit” that FTX founder Sam Bankman-Fried constructed to conclude he's guilty of fraud charges.
A prosecutor has attacked the credibility of Sam Bankman-Fried's testimony at his fraud trial, confronting him over whether he was truthful during his public appearances after FTX filed for bankruptcy last year.
FTX founder Sam Bankman-Fried finished his first day of testimony at his fraud trial after saying the innovative business he had hoped would move the cryptocurrency ecosystem forward ended up hurting customers instead.
Sam Bankman-Fried's former top executive has blamed the FTX founder of corrupting her values so that she could lie and steal and create false balance sheets.
Sam Bankman-Fried authorized the illegal use of FTX customers’ funds and assets to plug financial gaps at an affiliated hedge fund from the exchange’s earliest days, FTX’s co-founder Gary Wang told a New York jury on Friday, as prosecutors pressed their case that Bankman-Fried was the mastermind behind one of the biggest frauds in U.S. history.
FTX's co-founder has begun to tell a New York jury that he and Sam Bankman-Fried committed financial crimes and lied to the public before the cryptocurrency trading platform collapsed last year.
Splashy advertising featuring football star Tom Brady and comedian Larry David was shown to jurors as prosecutors launched a historic fraud case against cryptocurrency maven Sam Bankman-Fried.
Sam Bankman-Fried's trial on charges that he defrauded thousands of customers and investors in his FTX digital coin exchange began with a full day of jury selection.
Prosecutors say they'll use testimony from FTX founder Sam Bankman-Fried's “trusted inner circle” of former executives at his collapsed cryptocurrency empire against him at an October trial.
Lawyers for FTX founder Sam Bankman-Fried say prosecutors are wrong to seek his detention prior to trial because their arguments are based on “innuendo, speculation, and scant facts.”.
A prosecutor has asked a judge to immediately jail FTX founder Sam Bankman-Fried, saying he violated his bail conditions by releasing information meant to harass a key witness against him.
FTX founder Sam Bankman-Fried may face two criminal trials after a federal judge granted a request by prosecutors to delay a trial on some of the charges until next year.
New York prosecutors say Sam Bankman-Fried's lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges alleging that the FTX founder stole from investors in his multibillion dollar cryptocurrency fund.
A new indictment charges FTX founder Sam Bankman-Fried with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business.
A federal judge is showing growing impatience with FTX founder Sam Bankman-Fried's use of the internet while on bail, suggesting that incarceration might eventually be the most effective way to prevent him from communicating on electronic devices in ways that can’t be traced.
Two Stanford University academics signed on to FTX founder Sam Bankman-Fried's $250 million bail package, enabling him to live with his parents while awaiting trial on fraud charges.
FTX founder Sam Bankman-Fried has been ordered to return to a New York courtroom Thursday after the judge assigned to his fraud case said he's communicating with others in ways the government can't monitor.
Cryptocurrency companies grabbed the spotlight during the 2022 Super Bowl, with commercials from a handful of newcomers to advertising’s biggest stage: FTX, Coinbase, Crypto.
FTX founder Sam Bankman-Fried will be in a New York courtroom Thursday for a bail-related hearing despite his lawyers claims that they've settled their differences with prosecutors.
Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering in a criminal case accusing him of bilking investors and customers.
Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets.
FTX founder Sam Bankman-Fried has pleaded not guilty in Manhattan federal court to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform.
A federal prosecutor says two associates of Sam Bankman-Fried have pleaded guilty to criminal charges in cooperation deals related to the collapse of the cryptocurrency exchange FTX.
Sam Bankman-Fried will have a hearing Wednesday in a Bahamian court on his possible extradition U.S. in the coming days to face criminal charges related to the collapse of cryptocurrency exchange FTX.
Sam Bankman-Fried may be ready to come to the U.S. to face criminal charges related to the collapse of cryptocurrency exchange FTX following a chaotic court appearance in the Bahamas.
Whether increased regulation would have prevented the spectacular collapse of cryptocurrency exchange FTX was fiercely debated at a hearing of the Senate’s banking committee Wednesday.
U.S. prosecutors charged Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, with a host of financial crimes on Tuesday, alleging he played a central role in the collapse of FTX and hid its problems from the public and investors.
The company tasked with locking down the assets in the failed cryptocurrency exchange FTX said they’ve managed to recover and secure $740 million in assets so far, a fraction of the potential billions that is likely missing from bankrupt company’s coffers.
Jaguars quarterback Trevor Lawrence is among a host of Hollywood and sports celebrities named as defendants in a class-action lawsuit against cryptocurrency exchange FTX, according to a report from USA Today’s JagsWire.
A host of Hollywood and sports celebrities including Larry David and Tom Brady were named as defendants in a class-action lawsuit against cryptocurrency exchange FTX, arguing that their celebrity status made them culpable for promoting the firm’s failed business model.
Lawmakers plan to investigate the failure of FTX, the large crypto exchange that collapsed last week and filed for bankruptcy protection, leaving investors and customers staring at losses that could total in the billions of dollars.
Problems mounted over the weekend for collapsed cryptocurrency exchange FTX, which was struggling to account for money that went missing hours after it filed for bankruptcy.
