Caroline Ellison “deeply regrets” FTX lies, must now forfeit $11 billion.
US commodities trading agency claimed its largest recovery ever for FTX victims.
Sam Bankman-Fried was sentenced to 25 years in prison on Thursday by Manhattan Federal Judge Lewis Kaplan. A jury found Bankman-Fried guilty of one of the largest white-collar crimes in history roughly five months ago. The 32-year-old could be in jail …
Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, was sentenced to 25 years in prison by Southern District of New York (SDNY) Judge Lewis Kaplan, about five months after he was found guilty on al…
Prosecutors in New York asked a court on Friday to sentence crypto fraudster Sam Bankman-Fried to between 40 and 50 years in prison for defrauding crypto investors and extracting billions of dollars from his companies FTX and Alameda Research. FTX impl…
SBF’s sentencing remains scheduled for March 28.
Sam Bankman-Fried is guilty on all seven federal charges in his criminal trial for defrauding customers of his crypto exchange out of billions of dollars with his crypto empire, jurors decided on Thursday night in a Southern District of New York court,…
Assistant U.S. attorney Nicolas Roos stood in front of jurors from 10 a.m. ET until the court broke for lunch around 1 p.m. reiterating the prosecution’s case: Bankman-Fried lied. © 2023 TechCrunch. All rights reserved. For personal use only.
Bankman-Fried was seemingly incapable of answering the prosecution’s questions clearly, or speaking plainly about his activities when he was CEO of FTX. © 2023 TechCrunch. All rights reserved. For personal use only.
Contrary to the picture prosecutors tried to paint, Bankman-Fried insisted that he was not involved in the day-to-day trading operations of Alameda or its “core operations.” © 2023 TechCrunch. All rights reserved. For personal use only.
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