Sam Bankman-Fried apologizes to FTX ex-colleagues at sentencing hearingSam Bankman-Fried, the 32-year-old former billionaire and founder of the now-bankrupt FTX cryptocurrency exchange, faced his sentencing hea...
28 Mar, 2024, 09.00 PM IST
Sam Bankman-Fried urges lenient sentence, citing FTX fund recoveryBankman-Fried pleaded not guilty and is expected to appeal his conviction and sentence. He acknowledged making mistakes running FTX, but te...
28 Feb, 2024, 04.56 PM IST
Sam Bankman-Fried convicted of fraud in stunning FTX crashBankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thurs...
06 Nov, 2023, 12.34 PM IST
Ex-crypto mogul Sam Bankman-Fried convicted of multi-billion dollar FTX fraudThe jury reached the verdict after just over four hours of deliberations. Bankman-Fried, who had pleaded not guilty to two counts of fraud ...
03 Nov, 2023, 02.48 PM IST
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
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...
26 Oct, 2023, 09.41 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 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...
04 Oct, 2023, 10.24 PM IST
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...
04 Oct, 2023, 09.16 PM IST
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...
04 Oct, 2023, 08.41 AM 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
FTX's Sam Bankman-Fried headed for jail after judge revokes bailThe decision could complicate Bankman-Fried's efforts to prepare for trial, where the 31-year-old former billionaire faces charges of havin...
12 Aug, 2023, 01.52 AM IST
Prosecutors urge tight limits on Bankman-Fried's internet useAs conditions of his bail, US District Judge Lewis Kaplan has barred the 30-year-old former billionaire from contacting current or former e...
16 Feb, 2023, 02.53 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
The parents of Sam Bankman-Fried who got caught in the middle of FTX dramaBankman and his wife were more than just supportive parents backing their child's business.
21 Dec, 2022, 03.09 PM IST
Sam Bankman-Fried is arrested. But what about his parents in the middle of the FTX chaos?Bankman and his wife, Stanford Law professor Barbara Fried, were more than just supportive parents backing their child's business. Bankman ...
13 Dec, 2022, 11.31 AM IST
Sam Bankman-Fried talks about his parents' $16.4 million Bahamas home. This is what he saidSam Bankman-Fried responded to inquiries regarding his parents' $16.4 million Bahamas mansion.
02 Dec, 2022, 12.56 AM IST