FTX co-founder testifies against Bankman-FriedDuring Sam Bankman-Fried's trial, his former business partner, Zixiao "Gary" Wang, testified that Bankman-Fried used FTX clients' funds wit...
07 Oct, 2023, 08.30 AM IST
Sam Bankman-Fried's trial to resume with testimony from ex-FTX executiveGary Wang testified on Thursday that while at FTX, he created software code at the direction of Bankman-Fried that gave "special privileges...
06 Oct, 2023, 04.14 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
FTX collapse: a dizzying concoction of 'hubris, greed and incompetence', reveals debtors' reportThe report is the first released by FTX debtors since Sam Bankman-Fried’s digital-asset empire rapidly collapsed into bankruptcy in Novembe...
10 Apr, 2023, 10.43 AM IST
Judge to weigh Bankman-Fried's trial schedule, bail conditions at hearingBankman-Fried is fighting to stay out of jail after US District Judge Lewis Kaplan raised concerns last month that the 31-year-old former b...
10 Mar, 2023, 07.52 PM IST
Sam Bankman-Fried's lawyers say October trial may need to be delayedIn January, Bankman-Fried pleaded not guilty to the original eight counts that he cheated investors and caused billions of dollars in losse...
09 Mar, 2023, 09.36 AM IST
Bankman-Fried, others made more than 300 illegal political donations, confirms indictmentThe donations, totaling tens of millions of dollars, were unlawful because they were attributed to a "straw donor" or made using corporate ...
23 Feb, 2023, 08.34 PM IST
US judge rejects bail proposal for FTX founder Sam Bankman-FriedUS District Judge Lewis Kaplan in Manhattan did not provide reasons for the denial, and said a hearing on bail remains scheduled for Februa...
08 Feb, 2023, 10.51 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
Bahamas regulator holds FTX assets pending delivery to customers, creditorsFTX's Bahamas unit's digital assets were transferred to digital wallets under the exclusive control of the commission in November soon afte...
30 Dec, 2022, 08.05 AM IST
US court grants bail to FTX founder Sam Bankman-Fried on $250 million bondThe court granted pre-trail bail to Sam Bankman-Fried for a bond of $250 million and several restrictions. Bankman-Fried will have to be pr...
23 Dec, 2022, 10.57 PM IST
FTX founder Bankman-Fried to make first US court appearanceProsecutors and regulators contend that Bankman-Fried, 30, was at the centre of several illegal schemes to use customer and investor money ...
22 Dec, 2022, 07.51 PM IST
Two Sam Bankman-Fried associates plead guilty to fraud as FTX founder heads to USManhattan U.S. Attorney Damian Williams said in a video posted on Twitter late Wednesday night that Caroline Ellison, former CEO of Alameda...
22 Dec, 2022, 10.58 AM IST
FTX collapse: Sam Bankman-Fried's associates Ellison, Wang plead guilty to criminal chargesThe US Attorney for the Southern District of New York Damian Williams said in a statement on Wednesday night that Ellison and Wang had been...
22 Dec, 2022, 08.33 AM IST
All eyes on Indian-origin Nishad Singh, close associate of former FTX CEOAfter the arrest of Sam Bankman-Fried (SBF), former CEO of bankrupt crypto exchange FTX, from the Bahamas, all eyes are now on his key asso...
16 Dec, 2022, 12.21 PM IST
'Crypto King,' who lost $32 billion in FTX collapse, cites this reason behind crashAfter the devastating collapse of his cryptocurrency corporation, Sam Bankman-Fried is striving to recover what is left of his reputation a...
18 Nov, 2022, 11.19 PM IST
Former FTX CEO Sam Bankman-Fried planning escape to Dubai: reportAccording to a report by Cointelegraph, the former FTX CEO is under supervision in Bahamas.
13 Nov, 2022, 05.27 PM IST