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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 SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering.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.
Binance.US CEO Exits; Coinbase CEO Calls Bitcoin 'Most Important Asset in Crypto'
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines today, including Binance.US CEO Brian Shroder leaving the crypto exchange. FTX founder Sam Bankman-Fried will have to continue preparing his defense from behind bars. Coinbase CEO Brian Armstrong calls bitcoin "the most important asset in crypto." And, a closer look at how U.S. inflation data is impacting the crypto markets.
FTX Founder Sam Bankman-Fried's Bid for Release From Jail Denied by Judge
FTX founder Sam Bankman-Fried will have to continue preparing his defense from behind bars, after a U.S. federal judge refused his motion for a temporary release. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down Judge Lewis Kaplan's memo and what this means for Bankman-Fried's upcoming trial in October.
'Number Go Up' Author Says He Was 'Surprised' Like Everyone Else Over FTX Fallout
Zeke Faux, author of "Number Go Up," which is a new book documenting crypto's wild ride, recounts his conversations with FTX founder Sam Bankman-Fried before the exchange filed for bankruptcy. "I was taken by this story just like everyone else," Faux said. "It was a big surprise to me too."
'Number Go Up' Author on Crypto's Wild Ride: It's the 'Greatest Financial Mania in the History of the World'
"Number Go Up" author Zeke Faux discusses the key highlights of his new book that documents crypto's wild ride, including his conversations with FTX founder Sam Bankman-Fried before the exchange filed for bankruptcy.
Sam Bankman-Fried reste en prison
Le fondateur de FTX a perdu sa demande de « libération temporaire » de prison avant son procès.
Un juge rejette la demande de libération de Sam Bankman-Fried avant le procès
Le procès de Bankman-Fried aura lieu le mois prochain.
Sam Bankman-Fried's Lawyers Bicker With Prosecutors Over Proposed Witnesses
Sam Bankman-Fried's defense team continues to squabble with prosecutors over the Department of Justice's motion to disqualify some proposed witnesses. CoinDesk's global policy and regulation managing editor Nikhilesh De details the back-and-forth between the government and the FTX founder's attorneys.
Sam Bankman-Fried’s Lawyers Push Back Against DOJ’s Motion to Block Proposed Witnesses
In a Monday night filing, defense attorneys for Sam Bankman-Fried fired back against prosecutors wanting to disqualify proposed expert witness testimony, claiming that the U.S. Department of Justice is pushing to prevent the FTX founder from having a fair trial. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the latest legal developments.
Le ministère de la Justice va trop loin en essayant de bloquer les témoins proposés par Sam Bankman-Fried, selon la défense
Le ministère de la Justice, pour sa part, a déclaré que la défense avait mal interprété le témoignage prévu d'un témoin à charge.
Sam Bankman-Fried et le ministère de la Justice proposent des questions au jury avant le procès d'octobre
Ces dépôts interviennent dans un contexte de débats sur la question de savoir si Bankman-Fried devrait être libéré de prison pour travailler sur sa défense.
