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FTX Founder Sam Bankman-Fried Seeks Dismissal of Most Criminal Charges Against Him
9.5.2023
The disgraced founder of FTX Sam Bankman-Fried has asked a New York federal judge to dismiss most of the criminal charges brought against him by federal prosecutors.
In a filing with the Southern District of New York federal court, lawyers of Bankman-Fried argued that several of the charges...
SBF’s lawyers signal need to push back October criminal trial
9.3.2023
Sam Bankman-Fried’s lawyers said they’re still waiting on evidence from federal prosecutors and as a result need more time to prepare a defense
US Judge: Sam Bankman-Fried Attempted to Influence Witness via Encrypted Messenger App
28.1.2023
Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, has allegedly tried to influence some potential witnesses of his trial via encrypted messaging software Signal. ...
Read More: US Judge: Sam Bankman-Fried Attempted to Influence Witness via Encrypted Messenger App
Will FTX Japan Depositors Really Get Their Money Back in February?
16.1.2023
The Japanese subsidiary of cryptocurrency exchange FTX is expected to resume withdrawals starting in February, according to a Japanese senior official.
Mamoru Yanase, deputy director-general of the Financial Services Agency’s Strategy Development and Management Bureau, has said FTX Japan will...
DOJ Opposes Law Firm Tasked With FTX Investigation for Conflict of Interest
14.1.2023
The US Department of Justice has opposed FTX hiring Sullivan & Cromwell, the law firm currently tasked with the exchange's investigation, citing potential conflicts of interest.
In a recent legal filing, the US Trustee said it is objecting to the FTX decision due to two "overarching" reasons....
FTX Says it Has Secured Assets Worth $5 Billion in First Ray of Light for Creditors
12.1.2023
Bankrupt crypto exchange FTX has recovered over $5 billion in cash and liquid assets that may be used to repay creditors, a lawyer of the platform has said during a bankruptcy court hearing.
On Wednesday, FTX attorney Andrew G. Dietderich said in federal court in Wilmington, Delaware that they...
Sam Bankman-Fried Returns to Twitter, Denies Moving Funds in Wallets Associated with Alameda Research
31.12.2022
Former FTX CEO Sam Bankman-Fried has returned to Twitter, denying allegations that he moved funds out of wallets associated with now-bankrupt trading firm Alameda Research.
In a response to a story that said wallets associated with Alameda transferred funds just days after Bankman-Fried...
Sam Bankman-Fried to Plead Not Guilty to Fraud Allegations on January 3rd
31.12.2022
Sam Bankman-Fried, the disgraced founder of collapsed cryptocurrency exchange FTX, will plead not guilty to fraud and other charges against him at his upcoming arraignment.
According to a report from the Wall Street Journal, which cited a person familiar with the situation, Bankman-Fried...
Top SEC Official Steps Down Following Controversial Meetings with Sam Bankman-Fried and FTX Lobbyists
29.12.2022
Dan Berkovitz, General Counsel at the Securities and Exchange Commission, is departing the agency amid reports that he had met and dined with disgraced FTX founder Sam Bankman-Fried.
In an announcement last week, the SEC said that he is departing his role at the agency effective January 31. Megan...
Sam Bankman-Fried Spent Several Hours with 'The Big Short' Writer Michael Lewis While Under House Arrest
28.12.2022
Michael Lewis, author of the bestseller book The Big Short, has met with Sam Bankman-Fried, the disgraced founder and former CEO of the collapsed crypto exchange FTX, at the California home where he is holed up awaiting trial. ...
Read More: Sam Bankman-Fried Spent Several Hours with 'The...
CEO of FTX Sister Company Caroline Ellison Confesses to Misusing Customer Funds – Here’s What You Need to Know
24.12.2022
Former Alameda Research CEO Caroline Ellison has agreed to plead guilty to seven offenses, which include charges of wire fraud, securities fraud, and money laundering. Meanwhile, the CFTC has claimed that she "gambled Alameda customer money."...
Read More: CEO of FTX Sister Company Caroline Ellison...
Extradition Papers Signed: Sam Bankman-Fried, Founder of FTX, to Return to US for Charges
21.12.2022
Sam Bankman-Fried, the disgraced founder of collapsed crypto exchange FTX, has signed extradition papers, agreeing to be extradited to the United States.
According to a report by ABC News, Bankman-Fried signed the papers to waive an extradition hearing from the Bahamas after the crypto boss...
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...