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 SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering.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.


Juridique

L’empire de Sam Bankman-Fried a été écrasé par ce tristement célèbre bilan. Voici la suite de l’histoire

Un bilan d’Alameda a révélé à quel point la situation de FTX était tendue.

SBF Trial Newsletter Graphic

Vidéos

Zeke Faux's Crypto Adventures and His Relationship With Former FTX CEO SBF

Should Sam Bankman-Fried have just performed a rug pull? Why is it so hard to get details into USDT issuer Tether? Zeke Faux, author of 'Number Go Up,' shares his findings after making a deep dive into the world of crypto.

Unchained

Juridique

L'université de Stanford restituera les « cadeaux » offerts par FTX

FTX a poursuivi Joseph Bankman et Barbara Fried pour avoir détourné des millions de dollars, dont 5,5 millions de dollars de dons à l'Université de Stanford.

Stanford University (Shutterstock)

Juridique

Le père de Sam Bankman-Fried pensait que son fils ne le payait T assez, alors il a fait appel à sa mère

Le prétendu différend entre le salaire de 200 000 $ de JOE Bankman chez FTX et le million de dollars qu'il souhaite voir figurer dans son souhait, met en évidence une dynamique familiale inhabituelle chez l'ancien colosse de la Cryptomonnaie .

Sam Bankman-Fried, right, and his parents, Joe Bankman and Barbara Fried (Victor Chen/CoinDesk)

Vidéos

Sam Bankman-Fried's Lawyers Push for FTX Founder's Jail Release Again; Crypto Coin Listing Crack Down

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines after bitcoin (BTC) hits $27,000 for the first time in two weeks. Sam Bankman-Fried's lawyers are gearing up to push for the FTX founder's release from jail again. U.S. banking giant Citigroup starts a tokenization service for institutional clients. And, crypto coin listings could face tougher rules in New York.

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Vidéos

FTX Bankruptcy Estate Sues Sam Bankman-Fried's Parents to Retrieve 'Misappropriated Funds'

Bankrupt crypto exchange FTX has sued founder and former CEO Sam Bankman-Fried's parents, Joseph Bankman and Barbara Fried over "misappropriated funds," according to the company's court filing on Monday. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the allegations mentioned in the lawsuit.

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Juridique

Le procès SBF : comment en sommes-nous arrivés là ?

Le procès de Sam Bankman-Fried aura lieu dans deux semaines. Son prochain espoir est de trouver un jury compréhensif.

SBF Trial Newsletter Graphic

Juridique

La succession de FTX Bankruptcy poursuit les parents de Sam Bankman-Fried, Joseph et Barbara, pour récupérer les « fonds détournés »

Le dossier, expurgé en partie, demande au tribunal d'accorder des dommages et intérêts à la succession de FTX, la restitution de tout bien donné ou le paiement effectué aux parents.

Sam Bankman-Fried's parents walking out of the court on Aug 11, 2023. (Victor Chen/CoinDesk)

Vidéos

Unpacking Sam Bankman-Fried’s Proposed Jury Questions

CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down FTX founder Sam Bankman-Fried's proposed jury questions ranging from standard queries about whether potential jurors were familiar with the case, to more specific questions about whether they knew people with ADHD.  Plus, why the prosecutors find the proposed questions "intrusive."

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Vidéos

Prosecutors Blast FTX Founder Sam Bankman-Fried’s Proposed Jury Questions

The U.S. Department of Justice argues FTX founder Sam Bankman-Fried’s proposed jury questions are “unnecessarily intrusive” and may be intended to support his defense, according to a letter written by prosecutors to Judge Lewis Kaplan, of the Southern District of New York. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks outlines the possible jury questions and key takeaways.

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