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The Latest Breaking News from Alameda Research

Sam Bankman-Fried Found Guilty On All Seven Charges In Criminal Trial

Former FTX CEO Sam Bankman-Fried was found guilty on all seven criminal charges for his role in the collapse of the cryptocurrency exchange.

Investors Business Daily

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?

The Guardian - US

Sam Bankman-Fried is found guilty of all charges in FTX's spectacular collapse

The conviction marks a spectacular fall from grace for a once shining star in finance. He faces decades in prison.

WEKU

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Coinbase Stock Rises After Earnings, Crypto Futures Launch; Bankman-Fried Found Guilty On All Counts

Coinbase stock climbed Friday after earnings, launching crypto futures offerings. FTX CEO Bankman-Fried found guilty on all seven counts.

Investors Business Daily

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 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.

WEKU

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

The Guardian - US

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Prosecutors accuse Sam Bankman-Fried of being two-faced on stand

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

The Independent UK

Prosecutor grills Sam Bankman-Fried about his hair and tech genius persona – as it happened

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

The Guardian - US

Sam Bankman-Fried admits to ‘large mistakes’ in crypto fraud trial testimony

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

The Guardian - US

Sam Bankman-Fried on the stand: ‘A lot of people got hurt’

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

The Independent UK

Sam Bankman-Fried asked about co-living at FTX, ex-girlfriend and poker during fraud trial – as it happened

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

The Guardian - US

Sam Bankman-Fried blames FTX lawyers in surprise judge-only testimony

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

The Independent UK

Sam Bankman-Fried will testify in his defense in what may be the gamble of his life

The former FTX CEO, who is accused of orchestrating one of the largest financial frauds in history, plans to testify in his own criminal trial in a major gamble to avoid prison time.

WEKU

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The Conversation

Fallen crypto king Sam Bankman-Fried was 'perfectly positioned to make a religion of himself'

A year ago, Sam Bankman-Fried (often called “SBF”) was on top of the world. He had been on the covers of Forbes, which dubbed him “the richest twentysomething in the world”, and Fortune – the equivalent, for a business leader, of a rock star on Rolling Stone, or an athlete…

WEKU

They were Sam Bankman-Fried's friends. Now they could send him to prison for life

Bankman-Fried built a multibillion crypto business spearheaded by FTX with the help of a group of young colleagues. Now three of his closest associates have turned against him.

Fortune

The last week of FTX, according to the private messages of Sam Bankman-Fried, Caroline Ellison, Gary Wang, and Nishad Singh

“I just had an increasing dread of this day that’s been weighing on me for a long time,” Ellison, former CEO of Alameda Research, texted Bankman-Fried.

Fortune

Inside the FTX straw donor machine, where customer funds were funneled into campaign contributions

"It was for advantageous optics," former FTX engineering chief Nishad Singh testified on Monday.

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Fortune

Former FTX executive Nishad Singh describes conversation with Sam Bankman-Fried over customer funds: ‘I was blindsided and horrified’

While Bankman-Fried lounged on a white chaise chair, Singh realized that FTX was not force for good but had "turned out to be so evil."

Zenger

Mixed Trading Pattern For Major Cryptocurrencies As Investors Hedge Amid Uncertainty

Cryptocurrency market faces pressure amid Israel-Hamas conflict and inflation concerns

WEKU

Criminal mastermind or hapless dude? A look into Sam Bankman-Fried's trial so far

The trial of the former FTX CEO concluded its second week, featuring explosive testimony from Caroline Ellison, a former girlfriend of Bankman-Fried.

The Guardian - US

Caroline Ellison’s testimony against Sam Bankman-Fried: five key takeaways

The former Alameda CEO offered stunning testimony against her ex-boyfriend and failed crypto mogul being tried for fraud

WEKU

She's the star witness against Sam Bankman-Fried. Her testimony was explosive

Caroline Ellison accused Bankman-Fried of being the mastermind behind illegal activity at FTX. Her words carry weight: She worked with him and also once dated him.

Fortune

Alameda propped up the price of ‘Sam coin’ FTT to help secure loans, former CEO Caroline Ellison says

Ellison said in her testimony at SBF’s trial on Tuesday that he told her to use Alameda funds to prop up the price of FTT, FTX's native token.

Fortune

FTX was a boys’ club. When Caroline Ellison asked Sam Bankman-Fried for equity in the hedge fund she ran, he said ‘it was too complicated’

The former CEO of Alameda Research had only a half-a-percentage-point stake in FTX and no equity in the crypto hedge fund she once led, she testified on Tuesday afternoon.

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