Sam Bankman-Fried's jailhouse chat with Tucker Carlson lands him in solitary confinement
2 weeks, 5 days ago

Sam Bankman-Fried's jailhouse chat with Tucker Carlson lands him in solitary confinement

Raw Story  

Sam Bankman-Fried, founder of the now-defunct cryptocurrency exchange FTX who's serving prison time for fraud, was tossed into solitary confinement after a jailhouse interview aired between him and former Fox News host Tucker Carlson. Bankman-Fried was placed in solitary confinement after the interview dropped, the Times reported, citing a source briefed on the situation. Bankman-Fried, once a Democratic megadonor, is now trying to secure a pardon from President Donald Trump, who has wielded the powers of the executive branch to have corruption charges dropped against New York City Mayor Eric Adams, pardon Jan. 6 rioters, and even Ross Ulbricht, creator of the Silk Road darknet marketplace. “The prosecution told a story about FTX and Sam Bankman-Fried that is not correct,” Kory Langhofer, an Arizona lawyer who worked for Trump’s 2016 and 2020 presidential campaigns, told the Times.

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History of this topic

Sam Bankman-Fried: The FTX founder appeared on Tucker Carlson’s show looking for a Trump pardon. Here’s why he might get it.
55 years, 2 months ago

Sam Bankman-Fried: The FTX founder appeared on Tucker Carlson’s show looking for a Trump pardon. Here’s why he might get it.

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. As prosecutors began to build a case that would culminate in Bankman-Fried’s convictions on seven fraud, money laundering, and conspiracy charges, the disgraced boy king of crypto jotted down 19 ideas to rehabilitate his reputation. “So that probably played …

‘Sean Diddy Combs has been kind’: FTX founder Sam Bankman-Fried shares experience from prison with sex trafficker
2 weeks, 6 days ago

‘Sean Diddy Combs has been kind’: FTX founder Sam Bankman-Fried shares experience from prison with sex trafficker

Live Mint  

FTX founder Sam Bankman-Fried, who is imprisoned, in an interview with Tucker Carlson discussed what it’s like to be behind bars with rapper and alleged sex trafficker Sean “Diddy” Combs. Speaking from a federal prison in Brooklyn, Bankman-Fried on Thursday said, “I’ve only seen one piece of him, which is Diddy in prison,” on The Tucker Carlson Show. Detailing the …

Sam Bankman-Fried describes his relationship with Diddy in jail
2 weeks, 6 days ago

Sam Bankman-Fried describes his relationship with Diddy in jail

CNN  

New York CNN — Sam Bankman-Fried, the convicted crypto fraudster who is serving 25 years in prison, is breaking his silence about his life behind bars in a new interview with Tucker Carlson. Bankman-Fried told Carlson that Diddy is “kind to people in the unit,” adding that he’s “been kind to me.” “It’s kind of a soul crushing place for …

Sam Bankman-Fried Bashes Biden, Gensler on Tucker Carlson’s Podcast
Trending News
2 weeks, 6 days ago

Sam Bankman-Fried Bashes Biden, Gensler on Tucker Carlson’s Podcast

Live Mint  

Samuel Bankman-Fried appeared on former Fox News host Tucker Carlson’s podcast, bashing former President Joe Biden and Securities and Exchange Commission Chair Gary Gensler as his parents seek a pardon from Donald Trump. Bankman-Fried, who is serving a 25-year sentence over his role in the collapse of his FTX cryptocurrency exchange, said that he was “shocked” by the first two …

"Don't think I'm a criminal": Crypto fraudster Sam Bankman-Fried maintains innocence from prison
3 weeks ago

"Don't think I'm a criminal": Crypto fraudster Sam Bankman-Fried maintains innocence from prison

Salon  

Convicted fraudster Sam Bankman-Fried shared his opinions on life behind bars in a new interview with former Fox News host Tucker Carlson. “I guess he gets into crypto or something.” The former Fox News anchor also asked the fraudster, who donated tens of millions to Democratic politicians in the years leading up to his arrest, why he figures it is …

FTX's Gary Wang avoids prison after cooperating in crypto fraud case
4 months, 1 week ago

FTX's Gary Wang avoids prison after cooperating in crypto fraud case

Salon  

Gary Wang, co-founder and chief technology officer of FTX, was sentenced to no time in prison on Wednesday, two years after the cryptocurrency firm collapsed and faced accusations of defrauding customers. Wang testified over several days last year at the trial of FTX founder Sam Bankman-Fried, who was convicted of fraud and conspiracy and sentenced to 25 years in prison. …

Ex-FTX Exec's Cooperation Wins Him a Mercy Sentence
4 months, 3 weeks ago

Ex-FTX Exec's Cooperation Wins Him a Mercy Sentence

Associated Press  

An ex-FTX executive, Nishad Singh, who testified against Sam Bankman-Fried at his trial, was spared a prison sentence by a federal judge. Singh provided information that helped prosecutors learn about crimes they might otherwise have never discovered, including campaign finance violations and private conversations between Bankman-Fried and his associates.

Key witness in trial of FTX founder Sam Bankman-Fried seeks no prison time at upcoming sentencing
6 months, 2 weeks ago

Key witness in trial of FTX founder Sam Bankman-Fried seeks no prison time at upcoming sentencing

Associated Press  

NEW YORK — Caroline Ellison, a former top executive in FTX founder Sam Bankman-Fried ’s collapsed cryptocurrency empire and his former girlfriend, is seeking no prison time at her sentencing later this month. The lawyers cited her immediate and extensive cooperation with U.S. authorities when FTX and related companies collapsed in November 2022, and they noted that the court’s Probation …

Key witness in trial of FTX founder Sam Bankman-Fried seeks no prison time at upcoming sentencing
6 months, 2 weeks ago

Key witness in trial of FTX founder Sam Bankman-Fried seeks no prison time at upcoming sentencing

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Caroline Ellison, a former top …

Ryan Salame, part of the 'inner circle' at collapsed crypto exchange FTX, sentenced to prison
9 months, 3 weeks ago

Ryan Salame, part of the 'inner circle' at collapsed crypto exchange FTX, sentenced to prison

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A federal judge on Tuesday …

Ryan Salame, part of the ‘inner circle’ at collapsed crypto exchange FTX, sentenced to prison
9 months, 3 weeks ago

Ryan Salame, part of the ‘inner circle’ at collapsed crypto exchange FTX, sentenced to prison

Associated Press  

NEW YORK — A federal judge on Tuesday sentenced former FTX executive Ryan Salame to more than seven years in prison, the first of the lieutenants of failed cryptocurrency mogul Sam Bankman-Fried to receive jail time for their roles in the 2022 collapse of the cryptocurrency exchange. While Salame was a high-level executive at FTX, he was not a major …

Former FTX executive Ryan Salame sentenced to 7.5 years in US prison
9 months, 3 weeks ago

Former FTX executive Ryan Salame sentenced to 7.5 years in US prison

Al Jazeera  

Ryan Salame pled guilty to tens of millions of dollars in unlawful campaign donations to boost causes supported by his boss. Ryan Salame, the former co-CEO of FTX’s Bahamian subsidiary and a top lieutenant of the bankrupt cryptocurrency exchange’s founder, Sam Bankman-Fried, has been sentenced to 90 months in prison, United States federal prosecutors have said. Prosecutors say Salame, Bankman-Fried …

Bankman-Fried appeals FTX fraud conviction, 25-year sentence
11 months, 2 weeks ago

Bankman-Fried appeals FTX fraud conviction, 25-year sentence

The Hindu  

Sam Bankman-Fried, facing the prospect of spending much of his adult life behind bars, on April 11 appealed his conviction and 25-year prison sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded. He faces steep odds, with his lawyers needing to persuade the 2nd Circuit - and potentially the U.S. Supreme Court - that …

FTX’s Sam Bankman-Fried appeals conviction and 25-year sentence for fraud
11 months, 2 weeks ago

FTX’s Sam Bankman-Fried appeals conviction and 25-year sentence for fraud

Al Jazeera  

Bankman-Fried faces steep odds in bid to overturn conviction stemming from the collapse of his cryptocurrency exchange. FTX founder Sam Bankman-Fried has appealed his conviction and 25-year prison sentence for stealing billions of dollars from customers of his defunct cryptocurrency exchange. “I made a series of bad decisions.” US District Court Judge Lewis Kaplan said that Bankman-Fried had not shown …

Column: The legal system is closing in on crypto, and things may only get worse
11 months, 2 weeks ago

Column: The legal system is closing in on crypto, and things may only get worse

LA Times  

Crypto fraudster Sam Bankman-Fried is screened in a New York courtroom as he prepared to face charges related to the collapse of his FTX crypto exchange. What’s important about Failla’s ruling is that she dismissed out of hand Coinbase’s argument, which is that cryptocurrencies are novel assets that don’t fall within the SEC’s jurisdiction — in short, they’re not “securities.” …

What does Sam Bankman-Fried’s sentencing mean for crypto? | Explained
11 months, 3 weeks ago

What does Sam Bankman-Fried’s sentencing mean for crypto? | Explained

The Hindu  

The story so far: Sam Bankman-Fried, the former CEO of the collapsed cryptocurrency exchange FTX, was sentenced to 25 years in prison on March 28, having been found guilty of multiple counts of fraud in 2023 after the spectacular crash of his crypto exchange and business. “Samuel Bankman-Fried orchestrated one of the largest financial frauds in history, stealing over $8 …

Sam Bankman-Fried sentenced to 25 years in jail over FTX fraud
11 months, 3 weeks ago

Sam Bankman-Fried sentenced to 25 years in jail over FTX fraud

ABC  

In short: Former FTX boss Sam Bankman-Fried has been sentenced to 25 years in jail. Former FTX boss Sam Bankman-Fried has been sentenced to 25 years in jail. Sam Bankman-Fried has been sentenced to 25 years in jail for stealing $US8 billion from customers of the now-bankrupt FTX exchange he founded. A jury found 32-year-old Bankman-Fried guilty in November on …

Disgraced crypto boss Sam Bankman-Fried is sentenced to 25 years over fraud scheme
11 months, 3 weeks ago

Disgraced crypto boss Sam Bankman-Fried is sentenced to 25 years over fraud scheme

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A federal judge has …

Sam Bankman-Fried: The fall from crypto king to convicted fraudster
11 months, 3 weeks ago

Sam Bankman-Fried: The fall from crypto king to convicted fraudster

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. I’ve never seen a performance like that.” Bankman-Fried …

Sam Bankman-Fried: The fall from crypto king to convicted fraudster
11 months, 3 weeks ago

Sam Bankman-Fried: The fall from crypto king to convicted fraudster

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. I’ve never seen a performance like that.” Bankman-Fried …

The Bankman-Fried verdict, explained
11 months, 3 weeks ago

The Bankman-Fried verdict, explained

Associated Press  

NEW YORK — Sam Bankman-Fried co-founded the FTX crypto exchange in 2019 and quickly built it into the world’s second most popular place to trade digital currency. FTX had two lines of business: a brokerage where customers could deposit, buy, and sell cryptocurrency assets on the FTX platform, and an affiliated hedge fund known as Alameda Research, which took speculative …

FTX founder Sam Bankman-Fried sentenced to 25 years for multi-billion dollar crypto fraud
11 months, 3 weeks ago

FTX founder Sam Bankman-Fried sentenced to 25 years for multi-billion dollar crypto fraud

Hindustan Times  

Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind's dramatic downfall. U.S. District Judge Lewis Kaplan handed down the sentence at a Manhattan court hearing after rejecting Bankman-Fried's claim that FTX customers did …

Sam Bankman-Fried 25-year sentence: Why the judge sentenced the founder of FTX so harshly.
11 months, 3 weeks ago

Sam Bankman-Fried 25-year sentence: Why the judge sentenced the founder of FTX so harshly.

Slate  

A federal judge sentenced Sam Bankman-Fried to 25 years in prison on Thursday. Before imposing the sentence, Judge Lewis Kaplan dismissed the most potent arguments by Bankman-Fried’s defense team and made clear his anger at Bankman-Fried’s behavior leading up to and during his trial. There was another plausible reason for lowering the sentence, though: A recent rebound in crypto prices …

Ex-'Crypto King' Sam Bankman-Fried gets 25 years in jail for massive fraud
11 months, 3 weeks ago

Ex-'Crypto King' Sam Bankman-Fried gets 25 years in jail for massive fraud

Raw Story  

Disgraced former cryptocurrency mogul Sam Bankman-Fried is going to be spending the next quarter of a century behind bars. Matthew Russell Lee of Inner City Press reports that Judge Lewis Kaplan on Thursday hit Bankman-Fried with a 300-month prison sentence for allegedly defrauding investors in his FTX cryptocurrency exchange, which collapsed in 2022. In his initial indictment, Bankman-Fried was slapped …

FTX Founder Sam Bankman-Fried Sentenced to 25 Years in Prison
55 years, 2 months ago

FTX Founder Sam Bankman-Fried Sentenced to 25 Years in Prison

Wired  

A US federal judge in the Southern District of New York has sentenced Sam Bankman-Fried, founder of bankrupt crypto exchange FTX, to 25 years in prison. In a court filing, the US government described the affair as “one of the largest financial frauds in history.” Bankman-Fried had demonstrated “unmatched greed and hubris” and a “brazen disrespect for the rule of …

Sam Bankman-Fried sentencing: FTX founder faces up to 110 years in prison for fraud
11 months, 3 weeks ago

Sam Bankman-Fried sentencing: FTX founder faces up to 110 years in prison for fraud

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sam Bankman-Fried, the former …

Crypto fraudster Bankman-Fried faces sentencing
11 months, 3 weeks ago

Crypto fraudster Bankman-Fried faces sentencing

Raw Story  

Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced Thursday following his conviction in one of the biggest financial fraud cases in history. Calling Bankman-Fried's seven-count conviction reflective of the defendant's "unmatched greed and hubris," the government's sentencing request argues for significant jail time in light of fraud it estimates at more than $10 billion. Calling the government's proposed …

Sam Bankman-Fried, once crypto royalty, awaits sentence in fraud case
11 months, 3 weeks ago

Sam Bankman-Fried, once crypto royalty, awaits sentence in fraud case

Live Mint  

Less than two years ago, FTX founder Sam Bankman-Fried was the crypto king. Millions of customers joined his exchange, drawn to Bankman-Fried’s image as a shaggy-haired genius and to FTX commercials starring NFL star Tom Brady and comedian Larry David. During a monthlong trial in the fall, jurors heard testimony from three of Bankman-Fried’s top lieutenants, including his ex-girlfriend, who …

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison
11 months, 3 weeks ago

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

Associated Press  

NEW YORK — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. Assistant U.S. Attorney Nicolas Roos had recommended a prison sentence of 40 to 50 years, saying …

Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investors
11 months, 3 weeks ago

Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investors

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Former crypto mogul Sam Bankman-Fried …

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison
11 months, 3 weeks ago

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

LA Times  

Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. And it’s not a trivial risk at all.” He added that it was “for the purpose of disabling him to the extent that can appropriately …

Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investors
11 months, 3 weeks ago

Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investors

New Indian Express  

NEW YORK: Former crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced Thursday for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency. Bankman-Fried, 32, was convicted in November of fraud and conspiracy — a dramatic fall from a year earlier when he …

Former crypto mogul Sam Bankman-Fried sentenced to 25 years in prison
11 months, 3 weeks ago

Former crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

Al Jazeera  

Bankman-Fried, 32, sentenced for fraud on customers of the FTX cryptocurrency exchange he founded. Former crypto tycoon Sam Bankman-Fried has been sentenced to 25 years in United States federal prison for stealing $8bn from customers of the now-bankrupt FTX cryptocurrency exchange he founded. A jury found Bankman-Fried, 32, guilty on November 2 on seven fraud and conspiracy counts stemming from …

Sam Bankman-Fried sentenced to 25 years in prison for his FTX crimes
11 months, 3 weeks ago

Sam Bankman-Fried sentenced to 25 years in prison for his FTX crimes

NPR  

Sam Bankman-Fried sentenced to 25 years in prison for his FTX crimes Enlarge this image toggle caption Michael M. Santiago/Getty Images Michael M. Santiago/Getty Images 25 years. Bankman-Fried's lawyers, however, had pushed back aggressively against the prosecutors sentence recommendation, saying it incorrectly paints the former FTX head as a "depraved super villain." Enlarge this image toggle caption Leon Neal/Getty Images …

Column: Sam Bankman-Fried will be sentenced Thursday for his crypto fraud. Throw the book at him
1 year ago

Column: Sam Bankman-Fried will be sentenced Thursday for his crypto fraud. Throw the book at him

LA Times  

Sam Bankman-Fried after a court appearance in his federal fraud case last year. are expected to get back all of their money.” FTX, according to Bankman-Fried’s attorneys, “was solvent at the time of the bankruptcy petition. The harm to customers, lenders, and investors is zero.” The government and Ray, the experienced corporate rescuer who became the chief executive of FTX …

Sam Bankman-Fried to meet his fate this week as judge decides how long to jail him for FTX fraud: Everything you need to know about one of the biggest financial crimes in US history
1 year ago

Sam Bankman-Fried to meet his fate this week as judge decides how long to jail him for FTX fraud: Everything you need to know about one of the biggest financial crimes in US history

Daily Mail  

His defense lawyers argues for sentence under seven years as he is a first-time, nonviolent offender Shamed FTX CEO Sam Bankman-Fried, 32, is set to appear in court later this week to face justice for stealing billions from crypto investors with prosecutors wanting him to spend decades behind bars and his defense demanding he be freed by age 40. Disgraced …

FTX chief executive blasts Sam Bankman-Fried for claiming fraud victims will not suffer
1 year ago

FTX chief executive blasts Sam Bankman-Fried for claiming fraud victims will not suffer

Associated Press  

NEW YORK — The chief executive of the cryptocurrency company Sam Bankman-Fried founded attacked the onetime crypto power player on Wednesday in a letter to a federal judge scheduled to sentence him next week, saying his claim that customers, lenders and investors were not harmed was callously false and he was living a “life of delusion.” FTX Trading Limited CEO …

FTX chief executive blasts Sam Bankman-Fried for claiming fraud victims will not suffer
1 year ago

FTX chief executive blasts Sam Bankman-Fried for claiming fraud victims will not suffer

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The chief executive of the …

Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud
1 year ago

Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Federal prosecutors asked a New …

Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud
1 year ago

Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud

Associated Press  

NEW YORK — FTX founder Sam Bankman-Fried’s orchestration of one of history’s largest financial frauds in his quest to dominate the cryptocurrency world deserves a prison sentence of 40 to 50 years, federal prosecutors on Friday told a federal judge. They said crimes reflecting a “brazen disrespect for the rule of law” had depleted the retirement funds and nest eggs …

Sam Bankman-Fried makes court appearance to switch lawyers before March sentencing
1 year, 1 month ago

Sam Bankman-Fried makes court appearance to switch lawyers before March sentencing

Hindustan Times  

NEW YORK — A foot-tapping FTX founder Sam Bankman-Fried made a brief appearance in a New York courtroom Wednesday to switch lawyers before his sentencing next month. Kaplan also presided over the trial of the one-time cryptocurrency heavyweight who told Kaplan that he’d like attorney Marc Mukasey to represent him at a sentencing hearing scheduled to occur March 28 despite …

Sam Bankman-Fried makes court appearance to switch lawyers before March sentencing
1 year, 1 month ago

Sam Bankman-Fried makes court appearance to switch lawyers before March sentencing

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Sam Bankman-Fried Won’t Face a Second Criminal Trial
1 year, 2 months ago

Sam Bankman-Fried Won’t Face a Second Criminal Trial

Live Mint  

Federal prosecutors said Friday that they wouldn’t try Sam Bankman-Fried on additional criminal charges that weren’t part of the fall trial that resulted in the FTX founder’s conviction for fraud related to the collapse of his crypto exchange. Prosecutors said Bankman-Fried’s sentence would likely include restitution for the victims of his crimes. Because the evidence that would have been presented …

Sam Bankman-Fried will not face a second fraud trial, DoJ announces
1 year, 2 months ago

Sam Bankman-Fried will not face a second fraud trial, DoJ announces

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sam Bankman-Fried won’t face …

Sam Bankman-Fried will not face a second trial, US prosecutors decide
1 year, 2 months ago

Sam Bankman-Fried will not face a second trial, US prosecutors decide

Hindustan Times  

US prosecutors said on Friday they do not plan to proceed with a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange. In a letter filed in federal court in Manhattan, prosecutors said the strong public interest in a prompt resolution of the case outweighed the benefits of a …

US prosecutors opt out of second trial for crypto tycoon Sam Bankman-Fried
1 year, 2 months ago

US prosecutors opt out of second trial for crypto tycoon Sam Bankman-Fried

Al Jazeera  

United States prosecutors have chosen not to pursue a second trial for FTX cryptocurrency exchange founder Sam Bankman-Fried, who has already been found guilty of fraud and money laundering, and proceed instead to sentencing. Prosecutors said in a letter filed in a New York court on Friday that pursuing a second trial for the disgraced tycoon would only serve to …

Bankman-Fried forced to trade mackerel for prison haircut
1 year, 4 months ago

Bankman-Fried forced to trade mackerel for prison haircut

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sam Bankman-Fried, the founder …

Sam Bankman Fried, 31, likely faces 50 YEARS behind bars, legal expert believes: $10bn FTX crypto fraudster's crimes carry maximum of 115 years behind bars
1 year, 4 months ago

Sam Bankman Fried, 31, likely faces 50 YEARS behind bars, legal expert believes: $10bn FTX crypto fraudster's crimes carry maximum of 115 years behind bars

Daily Mail  

Sam Bankman-Fried's fraud trial may have concluded with convictions across the board - but his sentencing remains up in the air. Speaking to The New York Times' finance outfit Dealbook, Columbia University law professor John Coffee explained why he feels Bankman-Fried's funneling of clients' money into his own spending will ultimately warrant the 50-year sentence. The term for the currently …

When will Sam Bankman-Fried be sentenced?
1 year, 4 months ago

When will Sam Bankman-Fried be sentenced?

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ms Ellison told the court that “Alameda took …

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