Sam Bankman-Fried Found Guilty in Crypto Trial
Sam Bankman-Fried is guilty on all seven federal charges in his criminal trial for defrauding customers of his crypto exchange out of billions of dollars with his crypto empire, jurors…
SBF Testifies That Alameda Only ‘Borrowed’ Customer Funds
Photo: Victor J. Blue/Bloomberg (Getty Images) Sam Bankman-Fried testified before a jury for the first time on Friday saying he did not defraud FTX customers or take their funds, according…
Crypto Exchanges, Not Just FTX, Are All a Mess Right Now
Photo: Benjamin Girette (Getty Images) The founders of cryptocurrency exchanges face a mountain of regulatory challenges and billions in personal losses. Binance CEO Changpeng Zhao personally lost $12 billion this…
SBF Finally Testifies in Court With No Jurors Present
FTX founder Sam Bankman-Fried testified in his fraud trial Thursday with no jury present. In his testimony, he acknowledged that Alameda was being used as a payment processor for FTX,…
FTX Reportedly Has 3 Bidders Vying to Restart Its Crypto Exchange
Photo: mundissima (Shutterstock) FTX Trading is examining restarting the crypto exchange with three bidders, according to a Bloomberg report Tuesday. This comes nearly one year after the company filed for…
The Biggest Moments of the SBF Trial So Far
Photo: Michael M. Santiago (Getty Images) Gary Wang, cofounder and chief technology officer for FTX, focused on a single piece of code during his testimony: “allow_negative.” SBF did not code…
New York AG Sues Winklevoss Owned Gemini in $1 Billion Cryptocurrency Fraud
New York Attorney General Letitia James filed a lawsuit Thursday morning against cryptocurrency companies Gemini Trust, Genesis Global Capital, and Digital Currency Group (DCG) for defrauding over 230,000 investors of…
SBF Made $9 Billion Disappear. This Forensic Accountant Found It
A forensic accountant at Sam Bankman-Fried’s trial tried piecing together where $9 billion of missing FTX customer funds went on Wednesday. “Oh, yes,” said the accountant when asked if FTX…
SBF Requests More Adderall to Ensure He Can Testify
Photo: Michael M. Santiago (Getty Images) Sam Bankman-Fried’s defense team requested a higher, longer-lasting dose of Adderall on Sunday night, so their client can meaningfully participate in his ongoing trial.…
SBF Considered Raising Emergency Capital From a Saudi Crown Prince, Caroline Ellison Testifies
Photo: Bloomberg (Getty Images) Sam Bankman Fried allegedly entertained a plan to raise capital from Saudi Crown Prince Mohammed bin Salman, according to former Alameda CEO Caroline Ellison in her…