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The Latest Breaking News from FTX

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

The sentence marks a stunning fall for the 32-year-old former crypto executive who was once seen as the future of finance.

WEKU

Sam Bankman-Fried will grow old in jail. But don’t forget those who basked in his orbit

If the high-rollers surrounding the disgraced FTX founder had any qualms about taking his money, they didn’t show it, says the Guardian columnist Aditya Chakrabortty

The Guardian - UK

Former Crypto Mogul Faces Potential Decades In Prison

Former crypto mogul Sam Bankman-Fried faces sentencing for fraud and conspiracy in FTX collapse, with contrasting prison term recommendations.

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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

Sam Bankman-Fried Sentenced To 25 Years In Prison For Role In FTX Collapse

Sam Bankman-Fried on Thursday was sentenced to 25 years in prison for his role in the collapse of crypto exchange FTX.

Investors Business Daily

‘Old-fashioned embezzlement’: where did all of FTX’s money go?

Sam Bankman-Fried oversaw its collapse – now the crypto firm is in bankruptcy proceedings as contentious as his fraud trial

The Guardian - US

Sam Bankman-Fried to be sentenced for multibillion-dollar fraud this week

Former FTX CEO faces up to 100 years in prison should the judge hand out the harshest penalty

The Guardian - US

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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

FTX Anticipates Reduction In Bankruptcy Claim To - Billion

FTX anticipates a reduced bankruptcy claim of -5 billion, showcasing proactive financial management in the fintech and cryptocurrency industries.

Top News

New FTX CEO Slams SBF's 'Nonexistent' Remorse In Scathing Victim Impact Statement

John Ray III, FTX's CEO who took over after the crypto giant's implosion, submitted a scathing victim impact statement on behalf of FTX investors who lost millions in the multi-billion-dollar scheme "designed" to enshrine Sam Bankman-Fried as the crypto king.

International Business Times

FTX CEO Accuses Bankman-Fried Of Delusion And Harm

Cryptocurrency CEO criticizes founder's actions and lack of accountability ahead of sentencing.

Top News

FTX Founder Sam Bankman-Fried Defended Against 'Super-Villain' Allegations

FTX founder Sam Bankman-Fried's legal team disputes 'super-villain' label, highlighting his compliance and contributions to the financial sector amidst ong...

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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

Sam Bankman-Fried deserves 40 to 50 years for FTX fraud, prosecutors say

Manhattan prosecutors condemn former FTX chief’s ‘unmatched greed and hubris’ and seek long sentence for $8bn fraud conviction

The Guardian - US

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Top News

Prosecutors Seek 40-50 Years For FTX Fraud By Bankman-Fried

Prosecutors seek lengthy prison term for FTX founder Sam Bankman-Fried over alleged fraud at cryptocurrency exchange.

Top News

Bitcoin's Rebound Sparks Hope For Crypto Market Recovery

Bitcoin's resurgence is driving optimism in the cryptocurrency market, with potential for growth and increased investor interest.

WEKU

Bitcoin hits a record high. Here are 4 things to know about this spectacular rally

Bitcoin hit a record high, marking a remarkable comeback from a period known as the "crypto winter." A big catalyst behind the gains has been the approval of new bitcoin investment funds.

International Business Times

FTX-Linked Crypto Hedge Fund LedgerPrime Reboots As MNNC Group: Report

LedgerPrime, which was forced to wind down when FTX crumbled late in 2022, has returned under a new name and is looking to duplicate or surpass its achievements during its peak.

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International Business Times

SBF's New Legal Team Seeks Leniency For 'Non-violent' Founder Of Fallen FTX

Sam Bankman-Fried's new lawyers want a more lenient sentence for their client, whom they argue did not commit heinous or predatory acts.

The Guardian - US

Sam Bankman-Fried lawyer argues long prison sentence would be ‘grotesque’

Disgraced cryptocurrency mogul faces 100 years for wire fraud and conspiracy to launder money, a term his lawyer calls ‘barbaric’

Top News

FTX Founder Faces Potential 100-Year Prison Sentence

FTX founder Sam Bankman-Fried's lawyer criticizes a suggested 100-year prison sentence, arguing for a shorter term due to improper sentencing guidelines an...

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States Rushing To Regulate Cryptocurrency Markets Amid FTX Fallout

States like California, New Jersey, and Illinois are exploring local crypto regulations post-FTX scandal, raising concerns about potential impacts on the i...

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FTX To Sell Shares In AI Startup Anthropic

FTX to sell shares in AI startup Anthropic, reflecting fintech-crypto evolution and strategic growth opportunities.

International Business Times

SBF Says He's Sticking With New Lawyers Through Sentencing Despite Possible Conflicts

SBF said he was aware of potential conflicts of interest in hiring a lawyer who also represented the founder of another collapsed crypto firm that FTX has had business interactions with.

International Business Times

Supposed First Prison Photo Of SBF Shows Thinner, Bearded FTX Founder

A photo of Sam Bankman-Fried in jail has emerged, showing a thinner and bearded inmate who was once called the "golden boy of crypto."

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