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 SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering.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


Videos

FTX.US President on Bitcoin, Altcoins, Crypto Regulations

Brett Harrison, president of crypto exchange FTX.US, the American arm of Sam Bankman Fried’s crypto empire FTX, joins “All About Bitcoin” live from the 2021 SALT Conference in New York to discuss what to make of large sums of bitcoin flows moving on his platform.

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Videos

FTX to List Chiliz Tokens for Sports Fans

Sam Bankman-Fried’s crypto exchange FTX is making Chiliz fan tokens available on its platform. It will begin by offering the fan tokens for Italy’s Inter Milan $INTER and Turkey’s Galatasary Sports Club $GAL. "The Hash" squad discusses the latest move from FTX bringing new ways for sports fans around the world to engage with their favorite teams, as it continues to bring crypto and blockchain awareness to the mainstream.

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Videos

NBA Star Steph Curry Joins Tom Brady as FTX Ambassador

Sam Bankman-Fried’s trading empire FTX adds another professional athlete to its cap table, with Golden State Warriors guard Stephen Curry signing on as an “FTX global ambassador.” As part of the deal, Curry will receive an equity stake in FTX.

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Finance

FTX.US Launches NFT Minting Platform

Sam Bankman-Fried, whose crypto exchange is the latest to try to get a piece of the booming NFT market, sold his “Test” NFT for $270,000.

FTX Collapse: Breaking News & Analysis

Videos

FTX.US Launches NFT Minting Platform

Crypto derivatives exchange FTX launched a minting platform Tuesday for non-fungible tokens (NFTs) on its U.S. arm, FTX.US. Founder and CEO Sam Bankman-Fried's "Test" NFT sold for $270,000. "The Hash" squad discusses the potential outlook for digital collectibles and FTX as it becomes the latest crypto exchange to dabble into the booming NFT market. 

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Sam Bankman-Fried on Crypto's Future

29-year-old multi-billionaire Sam Bankman-Fried, head of crypto exchange FTX, trading firm Alameda Research, decentralized finance (DeFi) project Serum, and now the new owner of options platform LedgerX, joins a special episode of “First Mover” to discuss his personal mission and vision for the crypto industry at large. Plus, insights into crypto regulation, leveraged tokens, DeFi, altcoins, Web 3.0, business partnerships, altruism, and utilitarianism.

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FTX.US to Acquire Crypto Derivatives Firm LedgerX

FTX.US, the U.S. arm of Sam Bankman-Fried’s crypto trading empire FTX, is acquiring crypto derivatives firm LedgerX to possibly offer crypto futures, swaps, puts, and calls to retail traders across America.

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Videos

FTX.US to Buy LedgerX in Bid for US Crypto Derivatives

FTX.US is acquiring crypto derivatives firm LedgerX by October, a move that could pave the way for Sam Bankman-Fried’s crypto empire to offer crypto futures, swaps, puts, and calls to U.S. retail traders, gaining a foothold in the restrictive U.S. derivatives scene. CoinDesk's Nikhilesh De discusses the implications for FTX's expansion given the history of LedgerX and why this is a continuing story to watch.

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FTX.US President on US Expansion, Partnerships and Crypto Markets

Brett Harrison, president of FTX.US, the U.S. affiliate of crypto exchange FTX, discusses future plans for the exchange as it readies offering cryptocurrency derivative trading in less than a year. This comes as FTX CEO Sam Bankman-Fried told CoinDesk in July FTX.US has "enormous" growth potential in the U.S. Plus, Harrison's insights into the latest partnership with Kevin O'Leary, the ​greatest regulatory concerns for U.S. exchanges and a crypto markets outlook.

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Videos

MobileCoin Raises $66M to Build Out Privacy-Focused Payments Tech

MobileCoin, a privacy-oriented and mobile-first cryptocurrency project, has raised $66 million in venture capital led by Sam Bankman-Fried’s Alameda Research, Coinbase Ventures, and others to build out its payments technology.

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