Sam Bankman-Fried acknowledges 'mistakes' but testifies he did not defraud anyoneShortly after taking the witness stand in Manhattan federal court, Bankman-Fried said he made "a number of small mistakes and a number of l...
27 Oct, 2023, 09.02 PM IST
Sam Bankman-Fried trial: jury to hear FTX founder's testimonyBankman-Fried started testifying on Wednesday at an unusual hearing outside the jury's presence. US district judge Lewis Kaplan asked him t...
27 Oct, 2023, 03.45 PM IST
Sam Bankman-Fried's trial reveals inside details of how FTX diedWhile the broad contours of FTX's failure are publicly known, the trial has opened a window into high-stakes conversations that unfolded in...
21 Oct, 2023, 12.27 PM IST
Sam Bankman-Fried sought 'justifications' for missing funds, lawyer testifiesCan Sun, FTX's former general counsel, testified at Bankman-Fried's fraud trial that the company on Nov. 7, 2022, was engaged in talks with...
19 Oct, 2023, 10.52 PM IST
Sam Bankman-Fried's dipping into customers' funds was done unilaterally: Nishad SinghSingh testified that he learned two months before the crypto exchange blew up that it was improperly using customers' money.
16 Oct, 2023, 09.24 PM IST
Sam Bankman-Fried trial: confidant Caroline Ellison faces cross-examinationEllison said through tears that she lived in "dread" the truth would come out, and that FTX's ultimate collapse last year brought an "overw...
12 Oct, 2023, 07.40 PM IST
Sam Bankman-Fried's trial: five key moments from the first weekBankman-Fried has pleaded not guilty to charges of stealing billions of dollars in customer funds to prop up his crypto-focused hedge fund,...
06 Oct, 2023, 09.40 PM IST
Sam Bankman-Fried demanded special privileges for Alameda Research: ex-colleague Gary WangAccording to Wang, the special privileges granted to Bankman-Fried's hedge fund Alameda Research included a $65-billion line of credit, sev...
06 Oct, 2023, 09.53 AM IST
Sam Bankman-Fried's lawyer says 'crypto was not for everyone.' FTX said the oppositeProsecutors in Sam Bankman-Fried's fraud trial played FTX cryptocurrency exchange's video advertisements to highlight the company's marketi...
05 Oct, 2023, 10.16 AM IST
Explained: What charges does Sam Bankman-Fried face over FTX's collapse?Bankman-Fried, who will go on trial on Tuesday, faces seven charges. He has pleaded not guilty. Here are all the charges explained.
03 Oct, 2023, 04.31 PM IST
Crypto goes on trial, as Sam Bankman-Fried faces his reckoningOn Tuesday, the founder of the failed FTX digital currency exchange is set to leave the jail where he has been confined for more than seven...
02 Oct, 2023, 05.26 PM IST
FTX sues founder Sam Bankman-Fried's parentsFTX's lawsuit alleges that Bankman and Fried accepted a $10-million cash gift and a $16.4-million luxury property in the Bahamas from FTX, ...
19 Sep, 2023, 07.53 PM IST
Fourth top FTX executive pleads guilty ahead of Sam Bankman-Fried trialRyan Salame, a former top executive at cryptocurrency exchange FTX, pleaded guilty Thursday to criminal charges linked to the sweeping frau...
08 Sep, 2023, 08.50 AM IST
Sam Bankman-Fried could have FTX fraud trial delayedA U.S. judge said on Wednesday he would consider delaying Sam Bankman-Fried's Oct. 3 criminal fraud trial, after the jailed FTX founder's l...
31 Aug, 2023, 11.38 AM IST
FTX founder Sam Bankman-Fried's lawyers say attempt to jail him before trial is wrongThe written submission in Manhattan federal court was a response to the prosecution's claim last week that no bail conditions can stop the ...
02 Aug, 2023, 08.56 AM IST
FTX founder Sam Bankman-Fried faces arraignment in New YorkBankman-Fried is expected to plead not guilty before Judge Lewis A. Kaplan before the judge and lawyers discuss a schedule for proceeding t...
03 Jan, 2023, 09.45 PM IST
Sam Bankman-Fried, FTX execs received billions in hidden loans, says ex-Alameda CEOCaroline Ellison, former chief executive of Alameda Research, said she agreed with Bankman-Fried to hide from FTX's investors, lenders and ...
24 Dec, 2022, 08.11 AM IST