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The Latest Breaking News from Alameda

Will Trump Pardon Sam Bankman-Fried Of Collapsed FTX? Why It May Not Happen

Seemingly encouraged by the full pardon for Silk Road's Ross Ulbricht, Sam Bankman-Fried's parents are reportedly aiming to get their son freed through a presidential pardon and have supposedly met with some prominent people within the U.S. president's circle.

International Business Times

Caroline Ellison sentenced to two years after serving as star witness against FTX’s Sam Bankman-Fried

Ex-Alameda CEO and ex-girlfriend of fallen crypto mogul pleaded guilty, but prosecutors requested lenient sentence

The Guardian - US

Caroline Ellison Wants No Prison Time For Role In FTX Collapse

Caroline Ellison is attempting to duck prison time for the key role she played in the FTX-Alameda fraud, with her lawyers citing her cooperation with the government to bring Sam Bankman-Fried's crimes to light.

International Business Times

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US Orders FTX, Alameda To Pay $12.7 Bn To Victims

Failed cryptocurrency platform FTX Trading and affiliate Alameda Research must pay $12.7 billion to compensate customers and fraud victims under a consent order, US regulators announced Thursday.

International Business Times

Sam Bankman-Fried funded a group with racist ties. FTX wants its $5m back

The Guardian reveals FTX trustees, in charge after the CEO’s downfall, allege payments were made with looted funds

The Guardian - US

FTX timeline: Behind crypto mogul SBF's meteoric rise and fall

U.S. prosecutors are seeking 40 to 50 years in prison for Bankman-Fried.

Axios

Crypto Fraudster Bankman-Fried Faces Sentencing

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.

International Business Times

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The rise and fall of Sam Bankman-Fried: an unrepentant ex-mogul faces down decades in prison

The former CEO of FTX, once a king of cryptocurrency, saw a swift reversal of his fortunes starting in November 2022

The Guardian - US

Prosecutors Urge 40-50 Years For Crypto Fraudster Bankman-Fried

US prosecutors have requested that a court sentence disgraced crypto mogul Sam Bankman-Fried to between 40 and 50 years imprisonment for massive fraud that cost customers $8 billion, court documents showed Friday.

International Business Times

FTX scraps plan to revive exchange and will repay billions to customers

Cryptocurrency exchange founded by Sam Bankman-Fried ‘an irresponsible sham created by a convicted felon’, lawyer says

The Guardian - US

How Solana Blockchain Can Stay In The Sun With Sam Bankman-Fried Gone

Solana's renaissance may come as a surprise to some crypto pundits who predicted at the end of 2022 that the collapse of FTX and Alameda would trigger the demise of the ultra-fast blockchain so often praised by Sam Bankman-Fried before his disgrace as being the only blockchain that had the…

International Business Times

FTX claims Bybit, one of world’s largest crypto exchanges, used VIP status to pull hundreds of millions of dollars during collapse

The bankruptcy estate is trying to claw back nearly $1 billion in its latest lawsuit.

Fortune

Sam Bankman-Fried was convicted of fraud following the collapse of the cryptocurrency exchange FTX. Here's what investors need to know

In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the crypto exchange FTX was valued at more than US$30 billion. By the middle of that month, FTX was in bankruptcy proceedings. And less than…

The Conversation

Dramatic fall for Sam Bankman-Fried and ‘unkempt visionary’ persona

Jury did not believe T-shirt, cargo shorts and messy hair could prevent someone defrauding people out of billions of dollars

The Guardian - US

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The Independent UK

When will Sam Bankman-Fried be sentenced?

Crypto billionaire Sam Bankman-Fried faces a maximum sentence of 110 years in prison

The Independent UK

FTX fraudster Sam Bankman-Fried may die behind bars as he’s convicted of all charges

Cryptocurrency founder was once worth $26bn

Evening Standard

Sam Bankman-Fried: Fallen FTX crypto king faces 115-year sentence for $10billion swindle

The verdict at Manhattan federal court came just shy of one year after FTX filed for bankruptcy

The Guardian - US

Shattered wunderkind image: five key takeaways from Sam Bankman-Fried’s fraud trial

The trial of the FTX founder has ended after a month with a guilty verdict. What did we learn?

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The Guardian - US

Sam Bankman-Fried’s fraud trial testimony: six key takeaways

FTX founder, once the darling of Washington and Silicon Valley, blamed his ex-girlfriend and said ‘I do not recall’ a lot

The Guardian - US

Sam Bankman-Fried built ‘pyramid of deceit’, jurors hear in closing arguments

Founder of FTX platform, 31, painted by prosecution as scammer and liar who defrauded customers out of billions of dollars

WEKU

Sam Bankman-Fried took a big risk by testifying in his own trial. It did not go well

The former FTX CEO was keen to convince jurors he did not intend to commit any crimes — but he stumbled frequently under withering questioning by the prosecution.

The Guardian - US

Sam Bankman-Fried wraps up testimony as fraud trial nears end

Prosecutors press Bankman-Fried on how Alameda Research, sister hedge fund to FTX exchange, spent $8bn of customer funds

Fortune

Bankman-Fried’s lieutenants say he directed them to commit crimes. He portrayed himself as a hands-off CEO wary of being ‘distracting’

The FTX founder took the stand for a second day of cross-examination on Tuesday.

Fortune

Sam Bankman-Fried’s infamous media tour backfires as prosecutors wield his own words against him

The FTX founder chose a strategy of selective amnesia to avoid answering questions.

The Guardian - US

Sam Bankman-Fried denies messy hair part of ‘tech genius’ persona during trial

Disgraced former CEO of crypto exchange FTX admits to disparaging regulators on third day of testimony

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