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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 SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering.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.
Bitcoin ETF Fever Sends Crypto Prices Up, Sam Bankman-Fried Takes the Stand
Host Angie Lau weighs in on the spike in crypto prices following investors' excitement over the spot bitcoin exchange-traded fund. Plus, the latest in the Sam Bankman-Fried trial as the disgraced FTX founder took the stand in his own defense. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
La journée terrible, horrible, pas bonne et très mauvaise de Sam Bankman-Fried
Le fondateur de FTX et fraudeur accusé a eu de la chance que le jury n'était T là pour entendre son contre-interrogatoire jeudi lors d'une audience procédurale inhabituelle dans l'affaire pénale.
Sam Bankman-Fried Will Take the Stand; Deutsche Bank Tests a SWIFT Alternative for Stablecoins
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including bitcoin's price action after a better-than-expected U.S. GDP report. Sam Bankman-Fried will take the stand in his own defense, which could happen as soon as Thursday. Deutsche Bank and Standard Chartered Ventures are testing a SWIFT alternative for stablecoins and CBDCs. Plus, JPMorgan’s digital token reportedly handles $1 billion worth of transactions a day.
Sam Bankman-Fried Taking the Stand Depends on His 'Personality,' Lawyer Says
FTX founder Sam Bankman-Fried is set to testify in his criminal trial, a direct appeal to jurors in his bid to prove he did not intend to defraud investors. Lowenstein Sandler LLP partner Rachel Maimin, who specializes in white-collar criminal defense, discusses the potential outcomes. "I think 90% of this is about personality and humanizing him, as opposed to substance," Maimin said.
Sam Bankman-Fried's Cross-Examination Will be 'Brutal,' Lawyer Predicts
Sam Bankman-Fried will take the stand in his own defense, which could happen as soon as Thursday. Lowenstein Sandler LLP partner Rachel Maimin, who specializes in white-collar criminal defense, discusses what to expect from the FTX founder's testimony and whether previous tweets and interviews be used against him.
Les jurés de Sam Bankman-Fried ont été renvoyés chez eux pour la journée, mais ses débuts à la barre ont été significatifs
Même si les jurés n'étaient T là pour entendre l'ancien magnat de la Crypto , la première apparition de l'ancien PDG de FTX à la barre des témoins était tout de même remarquable.
Sam Bankman-Fried témoigne : que révélera-t-il sous serment sur l'effondrement de FTX ?
Bankman-Fried témoignera sur l'effondrement de FTX. Mais il devra faire face à de nombreux obstacles.
Sam Bankman-Fried pourrait témoigner du rôle des avocats et des efforts de « bonne foi », selon le dossier
Les documents déposés mercredi par l'équipe de défense de Bankman-Fried et le ministère de la Justice laissent entrevoir ses éventuels arguments de défense.
Sam Bankman-Fried Will Testify; Crypto Wallet Maker Ledger Officially Rolls Out 'Recover'
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including FTX founder Sam Bankman-Fried deciding to testify in his criminal trial. Wallet maker Ledger's "Recover" option is now live, prompting new criticism from some unimpressed crypto users. Plus, crypto withdrawals on Binance are back online after a temporary outage.
