News with the tag "SBF FTX"

United States District Judge Peter Castel has officially signed off on a settlement between FTX and the commodities regulator, meaning $12.7 billion will be paid back to FTX creditors.

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), resumed on October 10. As expected, the prosecution called Alameda Research’s ex-CEO and SBF’s ex-girlfriend, Caroline Ellison, to testify against the defendant. Ellison Does More Damage To Sam Bankman-Fried Def...

In recent court testimony, FTX co-founder Gary Wang has made startling allegations of wire fraud against Sam Bankman-Fried and his inner circle. Wang, who has known Bankman-Fried since their high school days, also pleaded guilty and agreed to cooperate with authorities in the ongoing FTX investigati...

"No sane person would make those decisions,” says a former engineer at Alameda Research about what ultimately led to the collapse of Sam Bankman-Fried's crypto empire.

As the trial of FTX founder Sam Bankman-Fried approaches, his defense team and the Department of Justice (DOJ) have jointly submitted proposed jury questions to the overseeing judge. These questions aim to assess prospective jurors’ familiarity with Sam Bankman-Fried, cryptocurrency, and the now-def...

Prosecutors in the case involving FTX founder Sam Bankman-Fried are facing accusations of exaggerating the level of access he has to defense materials. In a memo submitted by his defense attorneys, it was asserted that Bankman-Fried’s access to critical resources for his defense has fallen short of ...

Lawyers for Sam Bankman-Fried claim the FTX founder, who has fallen from grace, based his business decisions on legal advice from company attorneys before the cryptocurrency exchange’s downfall. FTX Founder Bankman-Fried Claims Actions Were Based on Legal Advice, Denies Fraudulent Intent In a court ...

Lawyers representing the former FTX CEO say he's being served a “flesh diet” in prison even though he's vegan, and has been subsisting on bread, water and peanut butter.

The prosecution intends to use Caroline Ellison's personal memos alongside a trove of other evidence against Sam Bankman-Fried at his criminal trial.

FTX’s Sam Bankman-Fried is amidst a pressing situation during his detention. As first revealed by Reuters, the founder of the beleaguered cryptocurrency firm urgently needs access to his depression and ADHD medications while in custody. His lawyers made a resolute plea on Monday to ensure these medi...