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GARY WANG TESTIFY
Sam Bankman-Fried prosecutor says Gary Wang's cooperation sped up caseSpeaking five days after Sam Bankman-Fried was sentenced to 25 years in prison, Assistant U.S. Attorney Thane Rehn said former FTX Chief Te...
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 ...
Sam Bankman-Fried grilled by prosecutor about interviews following FTX's collapseThe questioning by prosecutor Danielle Sassoon, on the second day of Bankman-Fried's testimony in his own defense at his fraud trial, was p...
Sam Bankman-Fried testifies he believed FTX was 'fine' until just before collapseTestifying in his defense at his fraud trial for a second day, the 31-year-old former billionaire recounted the dramatic days leading up to...
FTX founder Sam Bankman-Fried testifies outside jury's presenceBankman-Fried's risky decision to testify gives prosecutors the chance to cross-examine the 31-year-old former billionaire about those clai...
FTX founder Sam Bankman-Fried kicks off fraud trial defense caseBankman-Fried was expected to testify in his own defense after his lawyers called two other witnesses, his lawyer Christian Everdell said i...
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...
FTX insider Nishad Singh says working with Sam Bankman-Fried left him in ‘severe’ distressBankman-Fried faces decades in prison on charges that he funneled FTX customer money into Alameda Research, an affiliated hedge fund, for r...
Sam Bankman-Fried's lawyer says FTX investments were not 'reckless'FTX founder Sam Bankman-Fried's lawyer on Tuesday said the now-bankrupt cryptocurrency exchange's investments were not "reckless and frivol...
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.
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...
Sam Bankman-Fried stole customer funds from the beginning of FTX, exchange's cofounder tells jurySam Bankman-Fried authorized the illegal use of FTX customers' funds and assets to plug financial gaps at an affiliated hedge fund from the...
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...
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,...
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...
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...
Sam Bankman-Fried's wealth was 'built on lies,' prosecutor says at trialProsecutors with the U.S. Attorney's office in Manhattan say Bankman-Fried used FTX customer money from the exchange's 2019 launch until it...
Sam Bankman-Fried's trial resumes with jury selection; opening statements expectedThe 31-year-old-former billionaire's trial kicked off on Tuesday, nearly a year after FTX collapsed in a meltdown that shocked financial ma...
Sam Bankman-Fried's father, ex-Trump staffer among possible trial witnessesSam Bankman-Fried, the founder of cryptocurrency exchange FTX, is set to face a fraud trial, and potential witnesses include his father, br...
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 ...