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FTX
Sam Bankman-Fried's Fall from Grace: FTX Founder Found Guilty of Fraud
In a special edition of "CoinDesk Daily," host Jennifer Sanasie recounts the events leading up to Sam Bankman-Fried being found guilty of all seven counts brought against him. The FTX founder could potentially spend the rest of his life in prison. A tentative sentencing date is set for March 28, 2024.
Final Moments Inside the Courtroom Before Sam Bankman-Fried Was Found Guilty of Fraud
Following a five-week long trial against Sam Bankman-Fried, a New York jury found the disgraced FTX founder guilty on all seven criminal fraud counts. CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses the scene in the courtroom when the verdict was read.
Sam Bankman-Fried Found Guilty of All Seven Fraud Counts: What Happens Next?
Sam Bankman-Fried's fate was finally decided by 12 jurors Thursday night. After deliberating for a little over 4 hours, the FTX founder was found guilty on all seven counts for his role in the crypto exchange's implosion. Ford O'Brien Landy LLP partner Kevin J. O’Brien shares his legal analysis of the trial and subsequent verdict, explaining why Bankman-Fried could serve "something in the neighborhood of 15 years" in prison.
Inside the Courtroom During Sam Bankman-Fried's Guilty Verdict
A jury found Sam Bankman-Fried guilty on the first anniversary of the award-winning CoinDesk scoop that spurred the FTX founder's downfall. CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De, who was in the courtroom Thursday night, shares insights into the events leading up to the verdict.
Solana Is Down 15% Since Hitting a 14-Month High. Is the Rally Over?
The token is up more than four-fold in 2023 after starting the year at around $10.
'Santa Rally' Could Spark Bitcoin to $56K by Year-End; PayPal Faces SEC Inquiry
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest topics in the crypto industry today, including a new price prediction that bitcoin (BTC) could rise to $56,000 by Dec. 31, in line with its record of maintaining bullish momentum in final months of the year. FTX founder Sam Bankman-Fried's trial is wrapping up. And, PayPal received a subpoena from the U.S. Securities and Exchange Commission (SEC) requesting documentation about its USD stablecoin.
CoinDesk Published a Scoop on Alameda Research One Year Ago
CoinDesk senior reporter Ian Allison, the journalist who broke the story that eventually led to the collapse of FTX, takes a look back on the implosion of Sam Bankman-Fried's empire and how the crypto industry has changed in the last year. Allison notes that his sources did not anticipate the gravity of the information they were sharing at the time. "They were as surprised as I was," he said.
A Look Back on the Collapse of Sam Bankman-Fried's Empire
FTX founder Sam Bankman-Fried's downfall began on Nov. 2, 2022, when CoinDesk published a big scoop that raised questions about the health of crypto hedge fund Alameda Research and by extension, how safe Alameda Research's sister company FTX was. CoinDesk senior reporter Ian Allison, the journalist who authored that story, takes a look back on the collapse of Sam Bankman-Fried's empire and how the industry has changed in the last year.