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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 SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering.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.
FTX CEO's Legal Billings Hint at Comeback for the Exchange
The latest billing report of FTX's new CEO John Ray III suggests that the exchange could be rebooted. "The Hash" panel discusses the possibility of building "FTX 2.0" and reacts to a new report from The New York Times on the evidence collected against the disgraced founder Sam Bankman-Fried.
Laura Shin Reflects on Crypto's Evolution in the Last Decade
As part of CoinDesk Turns 10, "The Cryptopians" author "Unchained" podcast host Laura Shin joins "First Mover" to reflect on the past, present, and future of the crypto industry. Shin discusses the lessons learned from the rise and fall of Sam Bankman-Fried's FTX, Do Kwon's Terraform Labs, and unpacks the history of Ethereum.
Exploring the Ties Between Sam Bankman-Fried and Rep. George Santos
"The Hash" panel discusses Rep. George Santos (R-NY)'s ties to Sam Bankman-Fried, the founder and former CEO of collapsed crypto exchange FTX. According to public records uncovered in December of 2022, Santos’ donors included three figures from the FTX circle. The Santos campaign reportedly received the maximum possible individual donation from FTX senior exec Clare Watanabe, product head Ramnik Arora and Ryan Salame, CEO of the company's Bahamian subsidiary FTX Digital Markets, who gave upwards of $24 million to Republican candidates and committees during the midterms.
Sam Bankman-Fried Files Pretrial Motions to Dismiss Most Criminal Charges Against Him
FTX founder Sam Bankman-Fried filed pretrial motions to dismiss a majority of the charges he faces late Monday. CoinDesk's Global Policy and Regulation Managing Editor Nikhilesh De discusses the road ahead for Bankman-Fried's legal battle.
First Book on FTX and SBF's Implosion Published
Veteran crypto journalist and former CoinDesker Brady Dale has published a new book on FTX founder Sam Bankman-Fried's downfall and the longevity of decentralized finance (DeFi). Dale joins "The Hash" to share insights into his book and the lessons learned from FTX's collapse.
Solana Labs CEO: Wasn't Sure the Ecosystem Would Survive After FTX
Former FTX CEO Sam Bankman-Fried was a big supporter of Solana, previously investing in its native token SOL. Solana Labs CEO and co-founder Anatoly Yakovenko weighs in on FTX's "outsized" influence on the ecosystem and what its collapse meant for Solana.
Sam Bankman-Fried's Impact on the Bahamas
Prime Minster of the Bahamas, Philip Davis, explains at Consensus 2023 why he does not regret that disgraced FTX founder Sam Bankman-Fried worked in the Bahamas.
Taylor Swift Shirked $100M FTX Sponsorship Deal, Lawyer Says
Taylor Swift dodged signing a $100 million sponsorship deal with Sam Bankman-Fried's FTX and was the only celebrity to question the crypto exchange, according to Adam Moskowitz, the lawyer overseeing a class-action lawsuit against some of FTX's celebrity endorsers. Moskowitz appeared on The Block's podcast "The Scoop" to discuss the lawsuit. "The Hash" panel discusses the latest in the ongoing FTX saga.
Shaquille O'Neal Finally Served FTX Lawsuit, Lawyers Say
Legendary basketball player Shaquille O'Neal has finally been served in a class-action lawsuit against FTX founder Sam Bankman-Fried, a law firm for the plaintiffs tweeted on Sunday. "The Hash" panel discusses the latest fallout from FTX's collapse and lawsuits against celebrity endorsers.
Les avocats spécialisés en faillite de FTX : « Le feu de poubelle est éteint »
Lors d'une audience mercredi, les avocats de la bourse aujourd'hui disparue l'ont décrite comme un « village Potemkine numérique » dirigé par l'ancien PDG Sam Bankman-Fried.
