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The Latest Breaking News from FTX

Sam Bankman-Fried loses bid to overturn crypto fraud conviction

Sam Bankman-Fried's bid to overturn his fraud conviction and 25-year prison sentence has failed. The appeals court found prosecutors' evidence robust. Bankman-Fried used FTX customer funds for personal expenses. He was found guilty of stealing $8 billion. He is eligible for release in 2044. He is also seeking a presidential…

The Economic Times

Sam Bankman-Fried Loses Appeal Against Fraud Conviction, 25-Year Prison Sentence

Sam Bankman-Fried has lost his appeal against his fraud conviction and 25-year prison sentence.

International Business Times

Appeals court upholds FTX co-founder Sam Bankman-Fried's fraud conviction

A federal appeals court has upheld the conviction of cryptocurrency entrepreneur Sam Bankman-Fried, rejecting arguments that his trial was unfair

The Independent UK

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Bankman-Fried loses bid to overturn crypto fraud ruling

A three-judge panel has rejected Sam Bankman-Fried's bid to overturn his 25-year prison sentence over the collapse of the FTX cryptocurrency exchange.

AAP

Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim

After donating to the Democrats before his conviction, the onetime crypto billionaire has recently made overtures to the GOP.

Fortune

Who Is Sam Bankman-Fried? Trump Targeted by Jailed FTX Founder Seeking Presidential Pardon From Federal Cell

Sam Bankman-Fried, co-founder of FTX, seeks a presidential pardon after his conviction for fraud. Despite his efforts, his appeal remains a long shot due to political and industry challenges.

International Business Times UK

Sam Bankman-Fried Seeks Trump Pardon For 25-Year FTX Fraud Sentence

Federal records show that FTX co-founder Sam Bankman-Fried has filed an official request for a presidential pardon from President Donald Trump.

International Business Times

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FTX cofounder Sam Bankman-Fried applies for Trump pardon

Sam Bankman-Fried, convicted in the FTX cryptocurrency empire collapse, has formally applied for a presidential pardon. He submitted his application to the Justice Department seeking relief after his prison sentence. Bankman-Fried has been using social media and interviews to seek executive clemency from President Donald Trump. Trump previously stated he…

The Economic Times

Law firm Fenwick agrees to pay $54 million in settlement over FTX work

US law firm Fenwick & West will pay fifty-four million dollars to settle claims from FTX customers. The firm advised FTX before its collapse. Plaintiffs alleged Fenwick helped facilitate the fraud. The settlement requires court approval. Fenwick states it was unaware of the fraud and disputes wrongdoing. This is part…

The Economic Times

Trump Eyes 250 Pardons to Mark America's 250th Birthday — Could Ghislaine Maxwell and Sam Bankman-Fried Be Included?

Donald Trump considers granting 250 pardons for America's 250th anniversary, sparking debate over high-profile figures like Ghislaine Maxwell and Sam Bankman-Fried. The move could overshadow national celebrations.

International Business Times UK

Hudson Williams Teases What Fans Can Expect In Heated Rivalry Season 2

Hudson Williams teases steamy twists for Heated Rivalry season two at the Oscars while landing a key role in Netflix's FTX drama The Altruists. The rising star's dual projects signal a blockbuster trajectory.

International Business Times UK

Hudson Williams Revelation: Connor Storrie Co-Star Vows 'S-x' as Heated Rivalry Season 2 Filming Date Confirmed

Actor Hudson Williams joins the cast of Netflix's 'The Altruists' and prepares for 'Heated Rivalry' Season 2, promising more drama and romance.

International Business Times UK

Former FTX crypto executive Caroline Ellison released from federal custody

Ellison testified against Sam Bankman-Fried, FTX’s founder and her ex-partner who was sentenced to 25 years in prison

The Guardian - US

Who Is Caroline Ellison? The FTX Fraudster Who Helped Take Down Crypto's Biggest Scam — Now Out of Prison

Caroline Ellison walked free this week after her testimony proved decisive in convicting Sam Bankman-Fried for the $8 billion FTX fraud.

International Business Times UK

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inkl

Bitcoin on The Court: Why NBA Stars Invest in Crypto

Basketball is no longer only about the game. The NBA is increasingly intersecting with financial technology

Fortune

How a Harvard grad helped make Hyperliquid the biggest new player in crypto—with just 11 people and no venture funding

Following the collapse of FTX, Hyperliquid founder Jeff Yan has cut a figure as the anti-SBF.

Fortune

Notorious crypto con man Sam Bankman-Fried has a prison passion project: giving legal advice to other inmates

The face of crypto fraud is helping other criminals prepare for their court cases.

International Business Times

DiamondLake Wants To Tokenize Your Business

The arrest of FTX CEO Sam Bankman-Fried in December 2022 and FTX's sudden collapse was a sign that security tokens would soon become far more significant than other crypto instruments, says Brian J. Esposito.

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Euronews

Crypto king Do Kwon jailed for 15 years over $40bn stablecoin fraud

The co-founder of cryptocurrency firm Terraform Labs was sentenced to 15 years in prison after a US court found that his $40bn stablecoin ecosystem was sustained by fraud.

Benzinga

Sam Bankman-Fried 'Glad; Trump Plans To Pardon Former Honduran President Who Was Once His Prison Inmate

Convicted cryptocurrency fraudster Sam Bankman-Fried defended former Honduran President Juan Orlando Hernández, calling his arrest for drug-related crimes a “travesty.”

The Independent UK

Ex-top prosecutor who resigned rather than drop Adams case defends her integrity in court testimony

The former interim U.S. attorney who quit rather than drop the criminal case against New York Mayor Eric Adams defended her integrity during testimony in Manhattan federal court

Fortune

You don’t hate AI because of genuine dislike. No, there’s a $1 billion plot by the ‘Doomer Industrial Complex’ to brainwash you, Trump’s AI czar says

Remember “Effective Altruism?” The movement led by disgraced crypto kingpin Sam Bankman-Fried is back, lobbying against AI.

Benzinga

'FTX Was Fine Until They Took It': SBF's Explosive Letter Blames Lawyers, But Would Trump Really Pardon Him?

Convicted FTX founder Sam Bankman-Fried said in a new 15-page letter that FTX "was never insolvent" and blamed lawyers for destroying what he called a $136 billion enterprise.

Benzinga

Sam Bankman-Fried Says 'Biden's Anti-Crypto SEC Came After Me' — But Did It Really?

Sam Bankman-Fried, the disgraced founder of FTX, reignited controversy by claiming his 2022 arrest was orchestrated by the Biden administration as retaliation for secretly donating millions to Republicans.

Benzinga

Anthony Scaramucci Once Said Act 'Dead' When Making Decisions About Bitcoin — A Lesson He Learned The Hard Way While Working With Trump

Anthony Scaramucci, founder of SkyBridge Capital and longtime Bitcoin (CRYPTO: BTC) bull, once said that the biggest mistake investors can make is letting pride and ego guide their decisions — a lesson he learned in politics and now applies to cryptocurrency.

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