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Sam Bankman-Fried Issues First Statement Since Sentencing: “I Never Thought What I Was Doing Was Illegal,” ABC News Reports
2.4.2024
Former “king of crypto” Sam Bankman-Fried is speaking out following his sentencing last week - telling ABC News that he "never thought" his actions were against the law. The FTX founder is currently serving a 25 year prison sentence and must pay an $11 billion fine for his role in the now doomed...
Crypto Market Conditions That Fueled FTX, Bankman-Fried, No Longer Hold: Galaxy Digital
2.4.2024
U.S. investors now have access to regulated bitcoin ETFs that provide the same protections as buying stocks and reduce the incentive to move to unregulated offshore exchanges, the report said
After Sam Bankman-Fried’s Sentencing, Spotlight Turns to Former FTX Associates
2.4.2024
After Sam Bankman-Fried was sentenced to nearly a quarter-century behind bars for his involvement in financial wrongdoings, Caroline Ellison, Gary Wang, Ryan Salame, and Nishad Singh are up next to face consequences for their roles in the FTX debacle. The Uncertain Road Ahead for FTX’s...
Sam Bankman-Fried Now Feels Remorse for His Actions After Getting a 25-Year Prison Sentence
2.4.2024
FTX founder and former CEO Sam Bankman-Fried has said "of course" he is remorseful for his actions after he was sentenced to 25 years in prison for fraud last week
Sam Bankman-Fried Breaks Silence: ‘Haunted’ by FTX Collapse, Vows to Appeal and Criticizes Legal Process
1.4.2024
The fallen founder of FTX, Sam Bankman-Fried (SBF), broke his silence for the first time since being sentenced to 24.25 years in prison, engaging in an email conversation with ABC News. SBF expressed that he is “haunted” daily by the events that transpired, emphasizing his stance that he “never...
Former FTX Executives and Promoters To Pay $1.35 Million in Lawsuit Settlement Deal
29.3.2024
Former executives and promoters of crypto exchange FTX have agreed to settle a class action following founder Sam Bankman-Fried's sentencing Thursday, court documents filed yesterday show. Former head of engineering for FTX, Nishad Singh, Alameda Research CEO, Caroline Ellison, chief technological...
Sam Bankman-Fried receives 25-year sentence in landmark fraud case
29.3.2024
Judge Sam Bankman-Fried sentenced the former CEO of FTX to 25 years in prison on Thursday for stealing $8 billion from consumers of the cryptocurrency exchange he founded, which is now bankrupt. During a court hearing in Manhattan, the penalty was imposed by U.S. District Judge Lewis Kaplan...
SBF Is Going to Prison for 25 Years
29.3.2024
Sam Bankman-Fried is going to prison. He won't be spending time in a maximum security facility, and he'll be placed as close to his family in the San Francisco Bay Area as possible, but he's going to prison nonetheless – and he'll be there for the next 25 years
Ruling In SBF Case Is A Warning To Others, U.S. Attorney Says
28.3.2024
FTX founder Sam Bankman-Fried’s 25-year prison sentence will send “an important message” to potential fraudsters everywhere, U.S. Attorney Damian Williams wrote following his sentencing. Based on the ruling, Bankman-Fried will not be out of prison until his late 50s.
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Crypto Community Shows Discontent Over Sam Bankman-Fried’s 25-Year Sentence
28.3.2024
In a packed courtroom, Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, was sentenced to 25 years in prison by Judge Lewis A. Kaplan. The sentencing follows a landmark trial that has captured widespread attention for its revelations of financial misconduct within...
Sam Bankman-Fried Sentencing: U.S. Attorney Damian Williams' Statement
28.3.2024
Sam Bankman-Fried Deserves a Life After Prison
28.3.2024
He did incalculable harm, but arguing for a sentence longer than 25 years is unfair to the man and the industry he once represented
Breaking: Judge Sentences FTX Founder Sam Bankman-Fried to 25 Years in Prison, Fined $11 Billion
28.3.2024
Disgraced FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison and an $11 billion fine, Judge Lewis A. Kaplan ruled in Manhattan federal courthouse Thursday morning. Kaplan likened Bankman-Fried’s theft of nearly $8 billion in customer funds to “a game,” where...
Breaking: Judge Sentences FTX Founder Sam Bankman-Fried to 25 Years in Prison, Fined $11 Billion
28.3.2024
Disgraced FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison and an $11.02 billion fine, Judge Lewis A. Kaplan ruled in Manhattan federal courthouse Thursday morning. Thursday's sentencing marks what many view as an end to Bankman-Fried's case following his misappropriation...
Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison
28.3.2024
On Thursday, March 28, 2024, the former head of FTX, Sam Bankman-Fried, received his sentence during a federal court proceeding in Manhattan. U.S. Marshals escorted Bankman-Fried into the courtroom at precisely 9:39 a.m. Eastern Time, as reported by Matthew Russell Lee of Inner City Press. Judge...
LIVE: Sam Bankman-Fried Returns to New York Courthouse for Sentencing in FTX Fraud Case
28.3.2024
SBF returned to a federal courthouse in Manhattan for sentencing on Thursday
Recapping FTX Founder Sam Bankman-Fried's Trial
28.3.2024
Sam Bankman-Fried was convicted last year. Here's how his trial came together
Sam Bankman-Fried Submits Last Minute Letters Of Support In Hopes Of Sentence Leniency, Court Filings Show
27.3.2024
Sam Bankman-Fried’s (SBF) legal team has submitted several last-minute letters of support on behalf of the FTX founder before his sentencing on Thursday, court documents filed Wednesday reveal. He is facing a total of over 100 years in federal prison.
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FTX Asks For “Sam Coins” To Be Declared Worthless, New Court Docs Reveal
27.3.2024
FTX is looking to declare FTX creditors’ “Sam Coins” effectively worthless, new court documents from a Tuesday hearing in Delaware reveal. The move marks the latest update in the crypto exchange's lengthy bankruptcy process following FTX's collapse in November 2022.
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How Sam Bankman-Fried's Sentencing Hearing May Play Out
27.3.2024
Sam Bankman-Fried will find out this week if he is potentially facing decades in prison. Judge Lewis Kaplan is set to sentence him for his conviction last year on two fraud charges and five conspiracy charges tied to the operation and collapse of FTX