FTX Collapse


Policy

Sam Bankman-Fried Appeals Fraud Conviction, Requests New Trial

The FTX founder is six months into a 25-year prison sentence.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

Federal Judge Threatens Ryan Salame With Sanctions After Former FTX Exec Says He Lied About Plea Deal Last Year

Ryan Salame pled guilty to campaign finance violations in September but argued Thursday that prosecutors had promised him that they would cease any criminal investigations into Michelle Bond as part of his plea deal.

Ryan Salame leaving a New York courthouse on Sept. 7, 2023. (Sam Kessler/CoinDesk)

Policy

Caroline Ellison Shouldn't Go to Jail After FTX Collapse, Attorneys Say

The former Alameda Research CEO testified against her former boss, Sam Bankman-Fried, last year.

Ex-Alameda CEO Caroline Ellison, center, at the federal courthouse in Manhattan as she was due to testify in Sam Bankman-Fried's trial on Oct. 10, 2023 (Victor Chen/CoinDesk)

Policy

Former FTX Executive Caroline Ellison's Sentencing Hearing Set for Sept. 24

Ellison ran Alameda Research, the FTX-affiliated hedge fund, and testified that she committed fraud at founder Sam Bankman-Fried's direction last year.

Caroline Ellison, the government's star witness in their case against FTX founder Sam Bankman-Fried, leaving court on Tuesday, Oct. 11 following her first day of testimony. (Danny Nelson/CoinDesk)

Policy

Prosecutors Tell NY Court They Didn’t Renege on FTX Exec Ryan Salame’s Plea Deal

Salame and his lawyers knew his guilty plea would not resolve the criminal investigation into his partner, Michelle Bond, prosecutors told the judge.

Ryan Salame leaving a New York courthouse on Sept. 7, 2023. (Sam Kessler/CoinDesk)

Policy

Jailed FTX Exec Withdraws His Request to Compel Government to Abide by Plea Deal

Salame agreed to a plea deal in order to get prosecutors to drop their investigation into Michelle Bond, his partner and the mother of his child.

Ryan Salame leaving a New York courthouse on Sept. 7, 2023. (Sam Kessler/CoinDesk)

Policy

Former FTX Execs Nishad Singh, Gary Wang to Be Sentenced Later This Year

The duo pled guilty to criminal fraud charges and testified against their former boss, Sam Bankman-Fried, last year.

Gary Wang (left) and Nishad Singh both pleaded guilty to criminal charges and testified against their former boss and friend, FTX founder Sam Bankman-Fried. (Victor Chen, Nikhilesh De, modified by CoinDesk)

Policy

FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets

Attorneys for the victims said the bankruptcy process has left FTX customers feeling "aggrieved and robbed."

FTX logo (Adobe Firefly)

Policy

Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters

Bankman-Fried’s one-time friends and co-defendants Caroline Ellison, Gary Wang, and Nishad Singh have already settled with the investors.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

FTX Founder Sam Bankman-Fried Appeals Fraud Conviction

Bankman-Fried was convicted last year on fraud and conspiracy charges.

FTX founder Sam Bankman-Fried (Nikhilesh De/CoinDesk)