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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 SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering.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.
Les avocats de Sam Bankman-Fried mettent à l'épreuve la patience du juge
Avez-vous déjà vu une Toyota Corolla ?
Bankman-Fried aurait menti à trois reprises avant de devenir célèbre
On ne sait pas encore si le fondateur de FTX, tombé en disgrâce, témoignera lors de son procès pour fraude. Mais pouvez-vous le croire sur parole ?
Sam Bankman-Fried et d'autres dirigeants de FTX ont commis des délits financiers, le cofondateur Wang témoigne
Gary Wang, ancien directeur Technologies et cofondateur de FTX, a déclaré au jury que lui, Bankman-Fried et ses anciens collègues dirigeants Caroline Ellison et Nishad Singh avaient commis de multiples formes de fraude.
Sam Bankman-Fried Trial Kicks off With Opening Arguments; Why is AVAX Climbing?
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the latest legal developments with FTX founder Sam Bankman-Fried's criminal trial. A founder of bankrupt crypto hedge fund Three Arrows Capital is under arrest, according to the New York Times. And, a closer look at why Avalanche's AVAX is rallying.
Criminal Defense Attorney Explains Why Sam Bankman-Fried's Legal Strategy Could 'Fail'
In opening statements yesterday, prosecutors said Sam Bankman-Fried's crypto empire was a "house of cards" that was "built on a lie," while the defense claimed the FTX founder acted in good faith. ZFZ Law co-founder Michael Zweiback discusses his take on the trial and why the defense shifting the blame to ex-Alameda CEO Caroline Ellison could turn into a doomed strategy.
Michael Lewis Details Rise and Fall of Sam Bankman-Fried's Crypto Empire in 'Going Infinite'
A new book titled, "Going Infinite: The Rise and Fall of a New Tycoon" is written by Michael Lewis and focuses on FTX founder Sam Bankman-Fried's crypto empire. CoinDesk executive director of global content Emily Parker discusses the key takeaways and revelations.
FTX's Sam Bankman Fried Likely Facing 'Bernie Madoff Type of Sentence,' Attorney Says
ZFZ Law co-founder Michael Zweiback discusses his prediction on the outcome of Sam Bankman-Fried trial that started earlier this week and why there could be "a Bernie Madoff type of sentence." Zweiback added, "I think he's going to be collecting social security by the time he does get out."
Déballage du premier jour du véritable procès de Sam Bankman-Fried
Deux témoins ont déclaré que FTX semblait sûr – et ne l' était pas vraiment –, soutenant ainsi l'argument d'ouverture du ministère de la Justice.
Les deux jets de Sam Bankman-Fried, d’une valeur de plusieurs millions de dollars, pourraient être confisqués, selon le ministère de la Justice
Les actifs, dont la propriété est contestée, pourraient potentiellement être utilisés pour rembourser les créanciers de FTX.
