- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
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 SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering.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.
Chinese Bribes, Thai Prostitutes and an End to the Lies: Caroline Ellison’s Explosive Second Day of Testimony Against Sam Bankman-Fried
The former Alameda Research CEO wept on the witness stand during her second day of testimony in Sam Bankman-Fried's fraud trial.
Caroline Ellison Was CEO but Sam Bankman-Fried Was Still Boss of Alameda, Her Testimony Suggests
Unforgettable moments from Caroline Ellison’s first day testifying.
Sam Bankman-Fried Wanted to Close Alameda in 2022, Unpublished Posts Show
He had hoped to continue Alameda Research as an investment firm and infrastructure developer, but claimed in the posts that Alameda wouldn’t actively trade.
SBF's Lawyers Want to Ask Caroline Ellison About FTX's Anthropic AI Stake
Ellison, the former Alameda CEO, testified Tuesday that she was consulted on FTX's investment portfolio.
Defending the Indefensible? Sam Bankman-Fried’s Lawyers Deserve Better
The FTX founder's lawyers have been given no quarter by District Judge Lewis Kaplan, overseeing the case.
Ex-Alameda Research CEO Prepared to Take the Stand at SBF Trial; Hamas-Linked Crypto Accounts Frozen
"CoinDesk Daily" breaks down the biggest crypto headlines today, including what to expect during the fifth day of Sam Bankman-Fried's criminal trial as Caroline Ellison prepares to take the stand. Binance is reportedly helping Israeli police freeze cryptocurrency accounts linked to Palestinian militant group Hamas. Plus, a crypto markets update.
Prosecutors Likely to Portray Ex-Alameda CEO Caroline Ellison as a 'Sympathetic Witness': Lawyer
Former Alameda Research CEO Caroline Ellison, the prosecution's star witness, is set to take the stand today in FTX founder Sam Bankman-Fried's criminal trial. Hodder Law Firm founder Sasha Hodder discusses what to expect from Ellison's testimony and her reaction to Bankman-Fried's defense's strategy so far.
Key Points From the Sam Bankman-Fried Trial's First Week
I’ve spent the past week in a courtroom covering Sam Bankman-Fried. Here’s what we’ve heard.
