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FTX Users Seek Return of Crypto Assets, Not Dollars


In a collection of letters, FTX users around the globe have asked for their coins instead of being reimbursed. The post FTX Users Seek Return of Crypto Assets, Not Dollars appeared first on Cryptonews

Sam Bankman-Fried’s 50-Year DOJ Sentence ‘Disturbing,’ Lawyers Say


In a stunning and timely defense, the defense counsel of Sam Bankman-Fried, the founder of FTX, who the DOJ is prosecuting, angrily rejected the DOJ-drafted sentencing memo. The DOJ’s financial findings on Bankman-Fried have been labeled “worrying,” and the unfair portrayal...

Does Sam Bankman-Fried Deserve 50 Years in Prison?


The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys have now both filed their arguments, as well as statements from FTX creditors (from the prosecution) and Bankman-Fried's family and friends (from...

Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says


Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one of the world's largest crypto exchanges

Sam Bankman-Fried Doesn't Want to Go to Prison for 100 Years


Sam Bankman-Fried's new legal team filed his sentencing memo, alongside 29 different character references and other supporting documents, arguing he shouldn't face a lengthy prison term after his conviction last November on two fraud and five conspiracy charges

SBF’s Family Write Individual Letters To Judge Asking for Lenient Sentence


Family members of former FTX chief Sam Bankman-Fried submitted letters to the federal judge ahead of his sentencing. Barbara Fried, Joseph Bankman, and Gabriel Bankman-Fried all requested leniency, emphasizing SBF's good intentions, charitable efforts, and social difficulties. The post SBF’s...

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