Sam Bankman-Fried Latest News

Latest Sam Bankman-Fried News

Year after FTX collapse: what to expect from SBF trial

In 2022, FTX crypto exchange filed for bankruptcy, sending shockwaves through the crypto community. Legal actions against its former management have persisted. Nearly a year later, founder Sam Bankman-Fried faces an impending trial.

1 day ago

FTX boss to remain in prison ahead of October trial

Bankman-Fried's request for temporary release from prison was denied by a New York court just days before his FTX trial begins in October

2 days ago

SBF’s lawyers file another request for temporary release from jail

Lawyers for FTX founder Sam Bankman-Fried have filed a new request to temporarily release him from prison to prepare for legal battles.

4 days ago

Former SEC attorney John Reed Stark urges DOJ to ‘wake up’ and prosecute crypto-grifters

Stark, who worked as an attorney in the SEC Division of Enforcement, chimed in on the upcoming Sam Bankman-Fried trial, wondering why the former FTX CEO's parents were not listed as defendants.

6 days ago

FTX ramps up asset recovery ahead of Bankman-Fried’s trial

FTX intensified its asset recovery operations under legal scrutiny as founder Sam Bankman-Fried prepares for his October trial in October. Spearheaded by FTX Chief Executive and Restructuring Officer John J. Ray, the company aims to reclaim billions of dollars that…

1 week ago

Sam Bankman-Fried key witnesses blocked from testifying in upcoming trial

Several key witnesses, including a British barrister and a University of Michigan professor, have been barred from testifying in the upcoming trial of former FTX CEO Sam Bankman-Fried, as ordered by District Judge Lewis Kaplan. The trial, which is scheduled…

1 week ago

Features

The good, the bad, and the hilarious: 7 iconic crypto tweets we can’t forget

From moon predictions to market madness, we revisit the most memorable tweets in crypto's history.

1 week ago

SBF’s father was unhappy with $200k salary at FTX

Initially offered $200,000 annually at FTX, Bankman sought $1 million, even involving SBF’s mother in the negotiations. A new court filing reveals that Sam Bankman-Fried’s (SBF) father was unhappy with his salary at FTX, so he dragged SBF’s mother into…

1 week ago

Stanford University to return millions received from FTX

Stanford University intends to return all funds donated by the crypto trading company and related entities like Bankman-Fried’s hedge fund Alameda Research. A spokesperson for the prestigious California-based university told Bloomberg lawyers wanted to return millions received from Sam Bankman-Fried’s…

1 week ago

SBF to appeal for jail release ahead of Oct. 3 trial

Former FTX CEO Sam Bankman-Fried, is scheduled to ask a 2nd U.S. Circuit Court of Appeals to order his release from a New York prison weeks before the start of a trial where he faces seven criminal charges. Bankman-Fried and…

2 weeks ago

FTX sues SBF’s parents over misappropriating ‘millions’ of dollars

Bankrupt FTX exchange has accused Sam Bankman-Fried’s parents of improperly diverting millions through alleged manipulation. The complaint filed on Sept. 18 accuses Joseph Bankman and Barbara Fried, both professors at Stanford Law School, of exploiting their positions within the company…

2 weeks ago

Prosecutors object to SBF’s lengthy jury selection queries

U.S. prosecutors state FTX founder Sam Bankman-Fried has proposed extensive and intrusive jury questions for his upcoming fraud trial. On Sept. 15, prosecutors from the Southern District of New York requested the judge overseeing the upcoming criminal trial to reject…

2 weeks ago

FTX restores customer claims portal after cyber breach

FTX and FTX US are currently facing lawsuits involving claims worth $16 billion, with 10% already agreed upon. Additionally, there are 2,300 non-customer claims worth $65 billion.

2 weeks ago

Jaguars quarterback Trevor Lawrence reaches resolution in FTX endorsement lawsuit

Jacksonville Jaguars star QB Trevor Lawrence is among the list of famous names who promoted FTX and is currently facing charges.

2 weeks ago

Bankman-Fried publishes 250 pages of self-justification ahead of trial

In a 15,000-word document revealed by The New York Times, the disgraced crypto entrepreneur tried to share his point of view on what happened to FTX. Sam Bankman-Fried (SBF), the founder of the failed crypto exchange FTX who’s charged with…

September 15, 2023 at 9:40 am