Sam Bankman-Fried

FTX Seeks Answers on Sam Bankman-Fried’s Payment to AI Nonprofit
FTX Seeks Answers on Sam Bankman-Fried’s Payment to AI Nonprofit
October 26, 2023  |  Cryptocurrency

FTX wants answers about $6.5 million its founder gave to an artificial intelligence (AI) nonprofit. The bankrupt cryptocurrency firm’s new management said in a Wednesday...

READ MORE >
Bankman-Fried Will Take Stand at His Fraud Trial
Bankman-Fried Will Take Stand at His Fraud Trial
October 25, 2023  |  Legal

FTX founder Sam Bankman-Fried is reportedly planning to testify in his own fraud trial. Bankman-Fried’s attorney revealed that information in a conference call Wednesday (Oct. 25), according to...

READ MORE >
BlockFi to Wind Down Operations, Return Assets to Customers
BlockFi to Wind Down Operations, Return Assets to Customers
October 24, 2023  |  Cryptocurrency

Crypto lender BlockFi has announced that it will wind down its operations and begin returning crypto assets to customers. BlockFi has emerged from bankruptcy and will now...

READ MORE >
Sam Bankman-Fried Enlists Expert Witness to Challenge Testimonies in Trial
Sam Bankman-Fried Enlists Expert Witness to Challenge Testimonies in Trial
October 24, 2023  |  Legal

Former FTX CEO Sam Bankman-Fried is enlisting the help of an expert witness to challenge the testimonies of key witnesses in his ongoing legal battle....

READ MORE >
FTX Trial: The Adults Are Tanking ‘Cool Kid’ Bankman-Fried’s Defense
FTX Trial: The Adults Are Tanking ‘Cool Kid’ Bankman-Fried’s Defense
October 20, 2023  |  Legal

It is the end of the third week of Sam Bankman-Fried’s multibillion-dollar criminal fraud trial. The trial itself is approaching halftime, with the prosecution expected...

READ MORE >
Ex-FTX Lawyer Testifies Company Falsely Promised Asset Protection
Ex-FTX Lawyer Testifies Company Falsely Promised Asset Protection
October 19, 2023  |  Legal

A former FTX lawyer testified that the company had falsely promised institutional customers, including hedge fund Sculptor Capital Management, that their assets would be safe in...

READ MORE >
Accounting Witness Testifies Bankman-Fried Treated Customer Billions as Piggy Bank  
Accounting Witness Testifies Bankman-Fried Treated Customer Billions as Piggy Bank  
October 18, 2023  |  Legal

In the 11th day of Sam Bankman-Fried’s criminal trial, the prosecution brought out an accountant. University of Notre Dame Professor Peter Easton, a forensic accountant,...

READ MORE >
FTX Criminal Trial: Nishad Singh Sweats Under Cross-Examination 
FTX Criminal Trial: Nishad Singh Sweats Under Cross-Examination 
October 17, 2023  |  Legal

Sam Bankman-Fried’s multibillion-dollar criminal financial fraud trial is nearing its halfway point.  And Nishad Singh, the former engineering director at the since-imploded FTX cryptocurrency exchange,...

READ MORE >
FTX Proposes Returning 90% of Customer Funds
FTX Proposes Returning 90% of Customer Funds
October 17, 2023  |  Cryptocurrency

FTX has proposed a settlement that gives creditors more than 90% of their funds. The proposal, announced late Tuesday (Oct. 16), is set to be filed with the...

READ MORE >