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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 SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering.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.
Anthony Scaramucci Says He's Not Testifying at SBF Trial; Markets React After Hamas Attack on Israel
"CoinDesk Daily" breaks down the biggest crypto headlines today, including how markets are reacting to escalating violence in the Middle East. SkyBridge Capital founder and managing partner Anthony Scaramucci clarifies if he will testify in Sam Bankman-Fried's criminal trial as legal proceedings enter the second week. And, traders react to a wallet apparently belonging to the Ethereum Foundation that sold a portion of its allocated tokens.
Les Crypto risquent un autre Sam Bankman-Fried si les États-Unis T mettent pas en place une réglementation claire
Sheila Warren, PDG du Crypto Council for Innovation, LOOKS les avancées réglementaires à travers le monde, qui découragent les mauvais comportements et ouvrent la voie à la responsabilité.
Le ministère de la Justice a pris une position ferme dans le procès Sam Bankman-Fried
Alameda devait à FTX 11 milliards de dollars qu'elle n'avait T .
Le ministère de la Justice veut empêcher Sam Bankman-Fried de soulever l'augmentation des salaires liée à l'IA anthropique devant les tribunaux
FTX détient une participation dans Anthropic qui valait 500 millions de dollars l'année dernière.
The SBF Trial Week 1: Here’s What You Missed
The first week of the Sam Bankman-Fried's criminal trial is wrapping up. "CoinDesk Daily" host Jennifer Sanasie shares some of the key legal developments including jury selection, opening arguments and witness testimony from FTX co-founder Gary Wang.
Caroline Ellison, ancienne PDG d'Alameda Research, témoignera mardi au procès de Sam Bankman-Fried
Gary Wang, ancien haut lieutenant de l’empire Bankman-Fried, a témoigné qu’Alameda avait des « privilèges spéciaux » chez FTX qui permettaient au fonds spéculatif de dépenser 8 milliards de dollars de l’argent des clients de la bourse.
Sam Bankman-Fried's Trial Kicks Off; Singapore Grants Crypto Licenses to Coinbase, Ripple
Host Megha Chaddah breaks down the latest developments in Sam Bankman-Fried's case as the FTX founder is goes to court in a New York. Plus, insights on the state of crypto adoption in Asia as Coinbase and Ripple secure full licenses for crypto payment services in Singapore. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
Sam Bankman-Fried's Trial: A Look Inside the Courtroom
CoinDesk's global policy and regulation managing editor Nikhilesh De shares the details of what it's been like inside the courtroom for FTX founder Sam Bankman-Fried's ongoing trial. Plus, insights on testimonies from witnesses including the exchange's co-founder Gary Wang.