The Latest Breaking News from Alameda Research

The FTX founder has been found guilty on seven charges, and he may face decades in prison.

The once-hailed ‘boy wonder’ of the crypto industry rose to prominence after founding trading firm Alameda Research in 2017 at the age of 25. So what went wrong? Bevan Hurley looks back at Bankman-Fried’s remarkable rise – and even more dramatic fall as he begins his 25-year prison sentence

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

Discrepancies between SBF’s public and private statements come into sharp focus under cross-examination, reports Bevan Hurley from the courtroom

Prosecutor appears to highlight Sam Bankman-Fried’s style as part of an eccentric tech whiz persona as part of a bigger ruse

Bankman-Fried says his biggest mistake was not implementing a dedicated risk management team for crypto trading platform FTX

Disgraced crypto entrepreneur admits mistakes were made in FTX’s collapse but denies he’s a crook

Lawyers for Bankman-Fried question him about the unusual housing and lifestyle habits of FTX employees

In a rare move, disgraced former ‘crypto king’ Sam Bankman-Fried took the stand without the jury