Sam Bankman-Fried

Sam Bankman-Fried, once a pivotal figure in the cryptocurrency industry, was convicted in November 2023 of committing fraud and conspiracy for stealing billions of dollars of money belonging to customers of his FTX crypto exchange, funneling the money to Alameda Research, his hedge fund. FTX had been one of the largest cryptocurrency exchanges before its demise, a major player in derivatives trading including perpetual futures. The company's undoing was spurred by a CoinDesk scoop in November 2022 showing Alameda's balance sheet was mysteriously full of the FTT token issued by FTX – calling into question both Alameda and FTX's financial stability. The Bahamas-based company filed for bankruptcy nine days after the story. Before his downfall, SBF (as the former billionaire is commonly known as) had been a leading figure in crypto, pushing for regulation of the industry in the U.S. He was a major political donor and the public face of effective altruism, a movement geared toward maximizing the amount of good done by philanthropy. SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering. His trial began in October 2023, and he was convicted on Nov. 2, 2023, a year to the day after the CoinDesk story that caused his crypto empire to crumble.


Vídeos

Sam Bankman-Fried Taking the Stand Was a 'Huge Mistake,' Lawyer Says

Sam Bankman-Fried is set to face a cross-examination by federal prosecutors Monday, after doubling down on the narrative that FTX failed due to mistakes. Hodder Law Firm founder Sasha Hodder discusses her take on the latest legal proceedings around the FTX founder's criminal trial and the implications for the U.S. regulatory landscape.

The SBF Trial and How We Got Here

Política

Sam Bankman-Fried interrogé par le procureur, qui relève des contradictions dans son témoignage

La procureure adjointe américaine Danielle Sassoon a coincé à plusieurs reprises le fondateur de FTX sur ses déclarations publiques concernant son implication dans sa société de trading affiliée Alameda et la sécurité des actifs des clients de la bourse.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

Política

Sam Bankman-Fried a laissé entendre que ses amis avaient menti sur son rôle dans l'effondrement de FTX

Le témoignage de Bankman-Fried devant un jury contredit de manière subtile les témoins clés des procureurs.

SBF Trial Newsletter Graphic

Finanças

Sam Bankman-Fried a rejeté les demandes d'aide de Barry Silbert et Celsius, l'ancien PDG de FTX témoigne à son procès

Le magnat de la Crypto a également servi de chevalier blanc à d'autres entreprises en difficulté, avant que son empire ne s'effondre.

Barry Silbert. CEO & Founder Digital Currency Group (DCG)

Mercados

Sam Bankman-Fried a commencé à acheter SOL de Solana à 20 cents en utilisant les « bénéfices d'Alameda », a-t-il déclaré lors de son procès

« Je pensais que les fonds provenaient des bénéfices d'exploitation d'Alameda » ainsi que de prêteurs tiers, a-t-il témoigné vendredi lors de son procès pour fraude et conspiration.

Sam Bankman-Fried, left, in the pre-trial days with Solana Labs CEO Anatoly Yakovenko (Danny Nelson/CoinDesk)

Vídeos

Sam Bankman-Fried Says He Made 'Mistakes' at FTX; Binance CEO CZ's Fortune Revealed

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including Sam Bankman-Fried's testimony as he takes the stand in front of jurors during his criminal trial. Bloomberg reports on the change in Binance founder CZ's net worth during crypto winter. Plus, users of the hi debit Mastercard can now spend Metaverse platform Sandbox’s SAND token in eligible markets.

CoinDesk placeholder image

Vídeos

Sam Bankman-Fried Testifying Without a Jury Is 'Very Surprising,' Lawyer Says

Bryan Cave Leighton Paisner LLP partner Renato Mariotti explains why it is "very surprising" for Sam Bankman-Fried to testify in front the judge without the presence of the jury. "I think the reason the judge did it...is SBF constantly talking about lawyers."

Recent Videos

Vídeos

Prosecutors Have a Collection of Sam Bankman-Fried's 'Greatest Hits,' Lawyer Says

Sam Bankman-Fried's testimony began on Thursday without the jury present. Bryan Cave Leighton Paisner LLP partner Renato Mariotti discusses the latest developments surrounding the criminal trial as the FTX founder is expected to take the stand again Friday. "SBF basically told the world everything on his mind regarding this case...prosecutors essentially have a collection of his greatest hits," Mariotti said.

Recent Videos

Política

Sam Bankman-Fried jette Caroline Ellison sous le bus en témoignage

L'ancien magnat de FTX a déclaré avoir demandé à Alameda Research, la société de trading qui a joué un rôle central dans la disparition de la bourse et qui était dirigée par son ancienne petite amie, de couvrir les risques.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)