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Sam Bankman-Fried is one step closer to US extradition: Report
21.12.2022
Officials from the U.S. Embassy, FBI, and U.S. Marshals Service were reportedly in attendance to witness the former FTX CEO waiving his right to a formal extradition process
Sam Bankman-Fried agrees to US extradition 'to put the customers right': Report
19.12.2022
The former FTX CEO attended an emergency hearing of the Bahamas Magistrate Court just hours earlier, returning to prison following the event
Sam Bankman-Fried Reverses Decision to Contest US Extradition Request After a Few Nights in Bahamian Jail
18.12.2022
It was just a few days ago that Sam Bankman-Fried, the ex-billionaire CEO of defunct cryptocurrency exchange FTX and hedge fund Alameda, decided to contest a US extradition request for his central role in the FTX meltdown that defrauded thousands of investors. However, after spending a few nights...
Sam Bankman-Fried Reverses Decision to Contest US Extradition Request After a Few Nights in Bahamian Jail
18.12.2022
It was just a few days ago that Sam Bankman-Fried, the ex-billionaire CEO of defunct cryptocurrency exchange FTX and hedge fund Alameda, decided to contest a US extradition request for his central role in the FTX meltdown that defrauded thousands of investors. However, after spending a few nights...
SBF prosecutors reportedly dig into donations made to top US Democrats
18.12.2022
Democratic members from the DNC, the DCCC and Congressman Hakeem Jeffries were contacted by SBF prosecutors for information to aid their ongoing investigations
Democrats to reportedly return over $1M of SBF's funding to FTX victims
17.12.2022
Three democratic committees, the DNC, the DSCC and the DCCC, pledged to return SBF’s political donations after the entrepreneur was charged with eight counts of financial crimes
SBF reportedly files new bail application in the Bahamas Supreme Court
16.12.2022
Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application and called the FTX founder a flight risk
SBF's legal battle still has "a lot to play out," according to legal commentators
15.12.2022
Sam Bankman-Fried faces eight accusations and could get 115 years in jail, but a final sentence could take months or even years
SBF’s Bahamian prison reported for 'harsh' conditions and 'degrading treatment' — US State Dept
14.12.2022
Bahamian Commissioner of Correctional Services Doan Cleare reportedly said that most of the facilities had been renovated since 2021 and now had no “issues with rodents."
Sam Bankman-Fried Has Bail Denied, Remains in Custody of Bahamian Department of Corrections
14.12.2022
Sam Bankman-Fried, the disgraced founder and former CEO of cryptocurrency exchange FTX, has been denied bail by a judge in the Bahamas.
On Tuesday, a Bahamian judge denied SBF bail hours after U.S. prosecutors alleged the crypto boss defrauded customers, misappropriated billions of dollars,...
Bahamian securities regulator slams new FTX CEO over 'misstatements'
14.12.2022
Bahamian regulators said that they were the first to take action against SBF, and recent actions of the current CEO hindered their investigation
CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-Fried
13.12.2022
On Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer deposits, “throughout the relevant period,” including both fiat currencies and cryptocurrencies, were...
Indictment against SBF unsealed, contains 8 counts of financial and elections fraud
13.12.2022
The indictment from the Southern District of New York names only Sam Bankman-Fried, but contains allegations of illegal activities by “individuals known and unknown” as well
CFTC files lawsuit against Sam Bankman-Fried, FTX, and Alameda for fraud
13.12.2022
According to the federal regulator, SBF and FTX companies "used FTX customer funds for a variety of personal expenditures" including real estate and private jets
New FTX CEO Says ‘Unacceptable Practices’ by ‘Inexperienced and Unsophisticated Individuals’ Led to FTX Collapse – Here’s What Happened
13.12.2022
John Ray III, the new CEO of collapsed crypto exchange FTX, has claimed that Sam Bankman-Fried's crypto empire had virtually no corporate controls and a surprising lack of financial and other record-keeping.
In prepared remarks released Monday ahead of his testimony, Ray, a bankruptcy expert...
Breaking: Sam Bankman-Fried Arrested in The Bahamas Following Formal Notification by United States
13.12.2022
Sam Bankman-Fried, the disgraced founder of the now-bankrupt crypto exchange FTX, has been arrested in the Bahamas after US prosecutors formally filed criminal charges against him.
According to a statement from the government of the Bahamas, SBF was arrested on Monday following the "receipt...
Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group
13.12.2022
SBF’s last tweet before his arrest for reportedly committing wire fraud was dispelling his involvement in a group chat purportedly called “Wirefraud.”
SBF misses the Senate hearing but promises to testify to the House: Law Decoded
12.12.2022
Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13
Sam Bankman-Fried says he will testify before the US House Financial Services Committee remotely
12.12.2022
The former CEO previously missed the deadline to confirm his appearance before the Senate Banking Committee, despite the threat of a subpoena
Sam Bankman-Fried Wants to Start a New Business to Pay Back Victims of FTX Collapse – This is What You Need to Know
12.12.2022
Sam Bankman-Fried, founder and former CEO of the now-bankrupt crypto exchange FTX, has said that he hopes to start a new business and earn enough money to pay back victims of the collapse.
Speaking from the Bahamas, the disgraced crypto boss acknowledged that he was "not nearly as competent as...