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Nalezeno "Sam Bankman Fried": 1646

Binance CEO CZ rejected SBF's request for $40M for futures exchange: Going Infinite

4.10.2023
Michael Lewis's book 'Going Infinite' reveals that CZ and SBF had different goals when the first collaborative business opportunity arose in 2019

Juror Unfamiliarity of Cryptocurrency Poses Challenge in FTX Trial

4.10.2023
As the trial against Sam Bankman-Fried, the disgraced former CEO of bankrupt crypto exchange FTX, begins, the complexity of the world of crypto is emerging as a significant challenge for both the prosecution and the defense. In the case, the prosecution faces the formidable task of simplifying...

No Jury Yet, but We're Getting There

4.10.2023
Sam Bankman-Fried had a grin on his face as he entered court on Tuesday morning – clad in a black suit and an uncharacteristically tame (read: closely trimmed) mop of hair. After nine long months, the disgraced crypto founder will finally have the chance to defend himself against a wide array...

Sam Bankman-Fried Lost Half a Million Dollars Everyday After Alameda Launched, Michael Lewis Claims

4.10.2023
The tides finally changed after Gary Wang and Nishad Singh (both FTX directors who have since pled guilty to fraud in the ongoing trial) joined the firm

Lack of U.S. Crypto Laws Irrelevant to Bankman-Fried Allegations, DOJ Says

4.10.2023
The FTX founder’s fraud trial began selecting a jury Tuesday as lawyers spar about what evidence its members can see

FTX's $500 Million Investment in OpenAI Rival Offers Hope for Creditors as Anthropic Eyes $2 Billion Funding from Google

4.10.2023
FTX's $500 million investment in Anthropic in 2022 could potentially become a game-changer for creditors after OpenAI rival revealed its intention to raise another $2 billion from Google and other firms. According to The Information report, Anthropic is currently in discussions with various...

5 highlights of Sam Bankman-Fried's first day of trial

4.10.2023
Potential jurors shared their mostly negative interactions with crypto investing, while a slim-figured former FTX CEO sat flanked by attorneys, noticeably void of his signature curly locks

When SRM Shot Up in Value, Sam Bankman-Fried Changed the Rules for His Workers, Michael Lewis Says

4.10.2023
Michael Lewis’ “Going Infinite” outlines how the FTX CEO was worried his employees had gotten too rich because SRM’s price had gone up so much. So, he made it impossible for them to sell for longer

Latest update — Former FTX founder Sam Bankman-Fried trial [Day 1]

3.10.2023
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate

Bankman-Fried’s Legal Team Cries Foul Over Ukrainian Customer Testimony

3.10.2023
Attorneys for Sam Bankman-Fried have written a letter to the judge, requesting the court block a government witness, a Ukrainian customer who “lost a substantial portion” of his life savings due to the FTX collapse. Bankman-Fried’s lawyers believe the witness’s testimony...

Crypto Is on Trial Alongside Sam Bankman-Fried

3.10.2023
Is crypto "uniquely" responsible for the rise and fall of FTX?

FTX execs who pleaded guilty among names of potential witnesses in Sam Bankman-Fried’s criminal case

3.10.2023
According to reports from the courthouse, Assistant U.S. Attorney Danielle Sassoon named Caroline Ellison, Gary Wang, and Nishad Singh among those who may offer testimony

TV's Kevin O’Leary: ‘All the Crypto Cowboys Are Going to Be Gone Soon’

3.10.2023
O’Leary, an entrepreneur and television personality, was paid $15 million by FTX for “20 service hours, 20 social posts, one virtual lunch and 50 autographs,” according to Michael Lewis’ new book "Going Infinite."

Sam Bankman-Fried sues insurance company for defense costs as trial opens

3.10.2023
SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims

Sam Bankman-Fried's Deal with Tom Brady: $55 Million for 20 Hours of Work

3.10.2023
Sam Bankman-Fried had agreed to pay sports icon Tom Brady $55 million for just 20 hours of his time annually over a span of three years. Despite Bankman-Fried's reported lack of interest in sports, he entered into lucrative partnerships with Brady and his then-wife Gisele Bündchen, appointing them...

Suspicious Activity: FTX Hacker Moves 22,500 ETH Worth $37 Million – What's Going On?

3.10.2023
In a series of concerning transactions, the hacker or group of hackers believed to be behind last year’s infamous FTX hack has moved millions of dollars’ worth of stolen crypto. In the past few days, the so-called FTX hacker has transferred 22,500 Ether (ETH), equivalent to about $37 million...

Sam Bankman-Fried in the Dock: A Deep Dive into FTX's Bankruptcy and Alleged Crypto Fraud

3.10.2023
Sam Bankman-Fried, the former CEO of FTX, is set to face trial in federal court in Manhattan, starting with jury selection today. The 31-year-old is accused of being the architect behind one of the largest financial crimes in U.S. history, following the bankruptcy of his crypto platform FTX. The...