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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 SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering.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.
Tom Brady, Gisele Bündchen Become Part Owners of FTX
The financial terms of the long-term partnership with Sam Bankman-Fried’s trading empire were not disclosed.
Sam Bankman-Fried Speaks About McAfee’s Legacy, China Crackdown and Why Tether ‘Is Not a Worry’
FTX CEO Sam Bankman-Fried reacts to the death of antivirus software pioneer and early crypto investor John McAfee, discussing the way he “embodied 2017 in crypto” and the legacy he left behind for the digital asset industry.
FTX Follows Binance's Lead With Move Into Tokenized Stocks
Sam Bankman-Fried’s FTX will allow users to trade tokenized stocks of companies such as Facebook, Google, Netflix, Nvidia, PayPal and Tesla.
The First-Ever Global Sports League-Cryptocurrency Exchange Partnership
Sam Bankman-Fried’s crypto derivatives exchange FTX is doubling down on sports sponsorships by teaming up with Major League Baseball (MLB). Beginning in July, FTX logos will be featured on all umpires’ uniforms. “The Hash” panel reacts, digging into the world of sports and crypto.
How the Bitcoin Industry Is Responding to Wall Street's ESG Concerns
“They are doing it out of the sense of survival,” said John Reed Stark, former chief of the U.S. Securities and Exchange Commission’s Office of Internet Enforcement.
NFL Legend Tom Brady Has 'Definitely' Invested in Crypto
The seven-time Super Bowl champion says he doesn’t see crypto going away. However, he didn’t say which coins he owns.
Tom Brady to Speak at Consensus 2021
The seven-time Super Bowl Champion, NFT platform co-founder and new bearer of bitcoin laser eyes joins FTX's Sam Bankman-Fried on May 27.
Sam Bankman-Fried Says Bitcoin Mining Council Opens an ‘Interesting Can of Worms’
Hopefully it will clean up the "stupid dialogue going on about ESG," he said. "Not in the sense that ESG was stupid, but that the dialogue was."
FTX CEO: Bitcoin Mining Council ‘Can’t Work Like OPEC’ Since Anyone Can Mine Bitcoin
FTX CEO Sam Bankman-Fried reacts to announcement of a new Bitcoin Mining Council by MicroStrategy CEO Michael Saylor and Tesla CEO Elon Musk during an interview on “First Mover” at Consensus 2021.
Sam Bankman-Fried’s Crypto Markets Outlook
The crypto markets have been volatile over the last few weeks, spooked by China’s threats to miners and Elon Musk’s tweets flip-flopping on bitcoin’s sustainability. FTX founder Sam Bankman-Fried weighs in on what’s going on in the crypto markets and what he expects to see in the near term.