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 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
FTX's Nishad Singh pleads guilty as pressure mounts on Sam Bankman-Fried"I am unbelievably sorry for my role in all of this," Singh said, adding that he knew by mid-2022 that Bankman-Fried's hedge fund, Alameda ...
01 Mar, 2023, 08.56 AM IST
US securities regulator probes investment advisers over crypto custodyThe SEC has been questioning advisers' efforts to follow the agency's rules around custody of clients' digital assets for several months, b...
27 Jan, 2023, 04.51 PM IST
FTX opposes new bankruptcy investigation as it probes Bankman-Fried connectionsFTX acknowledged "fraud, dishonesty, incompetence, misconduct, mismanagement, and irregularity" in its past conduct, but said that its prev...
27 Jan, 2023, 12.33 AM IST
Ex-FTX CEO Sam Bankman-Fried arrested in Bahamas, US to unveil chargesIt marks a sunning fall from grace for the 30-year-old entrepreneur who rode a cryptocurrency boom to create one of the world's largest cry...
13 Dec, 2022, 03.24 PM IST
FTX founder Sam Bankman-Fried to testify before US House panelThe chair of the House of Representatives Committee on Financial Services, Maxine Waters, said she was prepared to subpoena Bankman-Fried i...
10 Dec, 2022, 08.32 AM IST
Sam Bankman-Fried, Ellison tap attorneys as FTX probes ramp upRegulators around the globe, including in the Bahamas where FTX is based and in the United States, are investigating the role of FTX's top ...
07 Dec, 2022, 08.41 AM IST
FTX remains focus of 'active' investigation: Bahamas attorney generalFTX, which had been among the world's largest cryptocurrency exchanges, is headquartered in the Bahamas.
28 Nov, 2022, 09.36 AM IST
FTX flipped Jane Street's risk obsession. Disaster followed for Bankman-FriedAs the story unspools of the epic collapse of FTX, the $32 billion crypto exchange now in bankruptcy, one of the biggest revelations is tha...
23 Nov, 2022, 07.43 PM IST
FTX founder Sam Bankman-Fried attempts to raise cash: reportAccording to the report, Bankman-Fried and some of the employees left at FTX spent the last week making calls to prospective investors in s...
16 Nov, 2022, 10.27 AM IST
FTX's new CEO helped bolster Enron victims' recoveryJohn J. Ray III took over from founder Sam Bankman-Fried as FTX's chief executive after a disastrous week for the company that started with...
15 Nov, 2022, 04.48 PM IST
Regulators circle FTX as rival exchanges try to calm investorsThe implosion of FTX, once a darling of the crypto industry with a $32 billion valuation as of January, has spurred investigations by the U...
15 Nov, 2022, 07.58 AM IST
Indian crypto investors want more transparency from exchanges after FTX’s collapseThe collapse of crypto giant FTX is expected to put the spotlight on centralised exchanges, with investors seeking more information from th...
14 Nov, 2022, 06.31 PM IST
How Binance, FTX deal rocked the crypto world and then collapsedFTT, the utility token of the FTX exchange, collapsed by more than 40% Wednesday following a tumble of more than 70% Tuesday. But just abou...
10 Nov, 2022, 05.13 PM IST
FTX CEO looking at all options as Binance deal collapsesThe proposed deal between Bankman-Fried and rival Binance chief executive officer Changpeng Zhao of Binance had been the latest emergency r...
10 Nov, 2022, 07.55 AM IST
US probes FTX empire over handling of client funds and lendingThe investigations by the Securities and Exchange Commission and the Commodity Futures Trading Commission relate to the liquidity crisis at...
09 Nov, 2022, 10.23 PM IST