Federal prosecutors rested their case against accused financial fraudster Sam Bankman-Fried on Thursday (Oct. 26). Now, nearly a full calendar year since his multibillion-dollar crypto trading empire collapsed under accusations of financial fraud and misappropriation of customer funds, the 31-year-old behind the cryptocurrency platform FTX,...
FTX founder Sam Bankman-Fried says the company’s ex-attorneys were central to its collapse last year. That testimony came Thursday (Oct. 26) afternoon during Bankman-Fried’s criminal trial, but outside of the jury’s hearing, Reuters reported. As the report noted, the one-time cryptocurrency wunderkind’s testimony is in...
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 a report by NBC News. As this report noted, the decision is considered a risky one, as it will subject Bankman-Fried to...
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, wilted somewhat under cross-examination on Tuesday (Oct. 17), the second and final day of his witness testimony in the trial...
October 26, 2023
FTX founder Sam Bankman-Fried says the company’s ex-attorneys were central to its collapse last year. That testimony came Thursday (Oct. 26) afternoon during Bankman-Fried’s criminal trial, but outside of the jury’s hearing, Reuters reported. As the report noted, the one-time cryptocurrency wunderkind’s testimony is in keeping with the defense’s case that Bankman-Fried operated in good […]
October 25, 2023
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 a report by NBC News. As this...
