Sam Bankman-Fried has 'regret' for not probing $8 billion debt to FTXDuring a second day of cross-examination, the 31-year-old former billionaire said he had thought it "permissible" for his Alameda Research ...
31 Oct, 2023, 11.15 PM IST
Sam Bankman-Fried will testify at criminal trial, lawyer saysBankman-Fried has pleaded not guilty to charges he looted billions of dollars in FTX customer funds to plug losses at his Alameda Research ...
25 Oct, 2023, 08.34 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 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 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 trial: four key points raised in opening statementsThe trial of FTX founder Sam Bankman-Fried began with opening statements from both the prosecution and defense. Prosecutors accused Bankman...
05 Oct, 2023, 10.44 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
Sam Bankman-Fried heads for trial on charges of stealing billions from FTX usersFederal prosecutors say the 31-year-old former billionaire embezzled from FTX customers since its founding in 2019 through its November 202...
03 Oct, 2023, 04.22 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
Bankrupt crypto exchange FTX allowed to crypto holdings worth $3.4 bnThe US authorities charged him with wire fraud, conspiracy to commit money laundering and conspiracy to misuse customer funds. He is also f...
14 Sep, 2023, 10.45 AM 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's Sam Bankman-Fried pleads not guilty to campaign finance, China bribery chargesUSA-FTX's Bankman-Fried pleads not guilty to campaign finance, China bribery charges
30 Mar, 2023, 11.36 PM IST
FTX bankruptcy judge rejects call for new investigation into crypto exchange's collapseJudge John Dorsey in Wilmington, Delaware, rejected a request by the US Department of Justice's bankruptcy watchdog.
15 Feb, 2023, 10.28 PM IST
FTX judge weighs demand for independent bankruptcy investigationThe U.S. Department of Justice's bankruptcy watchdog has urged U.S. Bankruptcy Judge John Dorsey, who is overseeing FTX's Chapter 11, to ap...
06 Feb, 2023, 08.44 PM IST
FTX judge weighs demand for independent bankruptcy investigationFTX says an examiner would merely duplicate work already being done by FTX, its creditors, and law enforcement agencies.
06 Feb, 2023, 05.01 PM IST