SBF Trial

Follow the Sam Bankman-Fried trial after the collapse of his FTX crypto empire.

SBF Trial

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Patakaran

'Absolutely Not': FTX's Former General Counsel Says He Never Approved Loans of Customer Funds

Can Sun, FTX's general counsel from August 2021 to the time of the exchange’s collapse in November 2022, testified in the Sam Bankman-Fried fraud trial.

Can Sun, former FTX general counsel, leaves a New York courthouse after testifying against Sam Bankman-Fried on Oct. 19, 2023. (Nik De/CoinDesk)

Patakaran

Judge Kaplan's Ire Hits All Lawyers in the Sam Bankman-Fried Case

“This is a joke," the judge told the attorneys after a bizarre bit of testimony.

SBF Trial Newsletter Graphic

Patakaran

FTX Used Billions in Customer Funds to Buy Back Binance Stake

Binance CEO Changpeng Zhao said in a 2022 post the company had received over $2.1 billion in binance usd (BUSD) stablecoins and FTX’s FTT tokens.

(CoinDesk, modified)

Patakaran

‘Oh, Yes’: Accounting Prof Says Sam Bankman-Fried’s FTX Definitely Mishandled Customers' Money

For starters, customer funds were behind a majority of FTX’s investment into Scaramucci’s SkyBridge Capital, Peter Easton testifies.

Sam Bankman-Fried, CEO, FTX and Christine Lee, Lead Anchor, CoinDesk

Patakaran

(One Part of) Sam Bankman-Fried's Defense Strategy Starts Paying Off

The defense team landed some hits during its cross-examination of a key witness against Sam Bankman-Fried.

SBF Trial Newsletter Graphic

Patakaran

Sam Bankman-Fried Dined With Eric Adams at NYC Mayor’s Go-To Italian Restaurant

Erstwhile crypto titan and avowed vegan Sam Bankman-Fried was also scheduled to meet New York Gov. Kathy Hochul at The Capital Grille steakhouse, according to FBI trial testimony.

New York Mayor Eric Adams (Danny Nelson/CoinDesk)

Patakaran

Bahamian Prime Minister Asked Sam Bankman-Fried to Give His Son Advice on NFT Project

An email mentioning NFTs from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.

Bahamian Prime Minister Philip Davis, right, meets Pope Francis (Vatican Media via Vatican Pool/Getty Images)

Patakaran

For Once, Sam Bankman-Fried's Lawyer Lands a Punch at FTX CEO's Criminal Trial

Under questioning from defense attorney Mark Cohen, a former FTX exec and government witness admitted to some hazy memories.

Former FTX exec Nishant Singh leaving court on Oct. 17 (Danny Nelson/CoinDesk)

Patakaran

SBF Trial: Nishad Singh Felt ‘Suicidal’ in Crypto Exchange’s Final Days

“Five years of blood, sweat, and tears turned out to be for something evil,” Nishad Singh told a jury.

SBF Trial Newsletter Graphic

Patakaran

Former Top FTX Executive Testifies He Knew $8B of Customer Money Was Missing

Nishad Singh, the latest member of Sam Bankman-Fried’s inner circle to testify, said his admiration for SBF turned to “shame” on discovering FTX execs enriched themselves with customer funds.

Nishad Singh, left, exits a federal courthouse after testifying on Oct. 16, 2023 (Nikhilesh De/CoinDesk)