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The Latest Breaking News from FTX

FTX customers to get paid "in full", plus interest; but still stand to lose

Customers still don't stand to recover what they lost in the cryptocurrency exchange's collapse — not even close.

Axios · May 8, 2024

FTX Customers To Receive Money Owed After Exchange Collapse

FTX announces reimbursement of .2 billion to creditors after bankruptcy, signaling market recovery.

FTX Customers To Receive Over 100% Of Owed Funds

FTX cryptocurrency exchange announces reimbursement plan for customers and creditors after collapse, aiming to repay .2 billion with available funds of ...

Bankrupt crypto exchange FTX says it will be able to repay creditors full $11bn

CEO confirms once company has sold off remaining assets it will have more than amount required

The Guardian - UK · May 8, 2024

Ex-Binance Chief Jailed For Four Months In US

The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed.

International Business Times · May 1, 2024

Crypto-Critical Senators Warren, Grassley Pressure CFTC To Explain Past FTX Communications

Warren and Grassley have given CFTC's Behnam up to the end of the month to produce documents of the agency's correspondence with FTX and jailed Sam Bankman-Fried.

International Business Times · Apr 16, 2024

FTX crypto exchange founder appeals fraud conviction, 25-year prison sentence

Former billionaire crypto trader Sam Bankman-Fried has filed an appeal against his fraud conviction and 25-year jail sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded in one of the biggest financial frauds in the history of the United States, which impacted victims all…

Radio France Internationale · Apr 12, 2024

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FTX’s Sam Bankman-Fried appeals conviction and 25-year sentence for fraud

Bankman-Fried faces steep odds in bid to overturn conviction stemming from the collapse of his cryptocurrency exchange.

Al Jazeera · Apr 12, 2024

Sam Bankman-Fried Appeals Fraud Conviction, 25-year Jail Term

Fallen cryptocurrency wunderkind Sam Bankman-Fried has appealed his federal conviction and 25-year jail sentence in a sweeping fraud case, according to a legal filing made public Thursday.

International Business Times · Apr 11, 2024

Sam Bankman-Fried appeals FTX fraud convictions and 25-year prison sentence

Ex-CEO and former crypto mogul, 32, was found guilty of seven counts of fraud and conspiracy to launder money in November

The Guardian - US · Apr 11, 2024

Sam Bankman-Fried Expresses Remorse Over 25-Year Fraud Sentence

Bankman-Fried reportedly hinted at plans for an appeal, citing trial testimony that he claimed misrepresented events and the exclusion of crucial evidence.

International Business Times · Apr 1, 2024

Baltimore bridge collapse threatens jobs; Sam Bankman-Fried gets 25-year sentence

Cleaning up the Baltimore bridge collapse won't be quick, easy or inexpensive. Disgraced FTX CEO Sam Bankman-Fried is sentenced to 24 years for fraud.

WEKU · Mar 29, 2024

Outrage On X, Questions On Political Donations Resurface After SBF's Sentencing

Sam Bankman-Fried has been slapped with a 25-year sentence for defrauding numerous individuals who believed in his fake crypto empire, but many are unhappy with the "short" sentence. Others are demanding that all the donations he made to political campaigns be returned.

International Business Times · Mar 29, 2024

Fallen Crypto Tycoon Bankman-Fried Gets 25-year Sentence

US District Judge Lewis Kaplan said the defendant, who became known by his initials "SBF," had shown no "real remorse."

Latin Times · Mar 29, 2024

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The Guardian - UK · Mar 29, 2024

Friday briefing: One year on from the Guardian’s look at its historic connections to slavery

In today’s newsletter: What the Legacies of Engagement programme has achieved in its first year – and what’s still to do

FTX Co-Founder Sam Bankman-Fried Sentenced To 25 Years

Learn about the downfall of Sam Bankman-Fried, co-founder of FTX, due to financial misconduct, resulting in a 25-year prison sentence.

International Business Times · Mar 29, 2024

Fallen Crypto Tycoon Sam Bankman-Fried Gets 25-Year Sentence

US District Judge Lewis Kaplan said the defendant, who became known by his initials "SBF," had shown no "real remorse," even in his final pre-sentencing remarks in which the former billionaire rued "a series of bad decisions" but did not acknowledge knowingly violating financial laws.

International Business Times · Mar 28, 2024

FTX Co-Founder Sam Bankman-Fried Gets 25 Years For Fraud

He was convicted of charges including wire fraud, conspiracy to commit money laundering, and using customer funds for personal expenses such as real estate and political donations.

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Axios · Mar 28, 2024

Inside the sentencing hearing of FTX founder Sam Bankman-Fried

The disgraced mogul will likely be behind bars for decades.

Salon · Mar 28, 2024

Furious judge sentences SBF to 25 years

"He knew it was wrong. He knew it was criminal," Judge Lewis Kaplan said of the convicted crypto fraudster

Evening Standard · Mar 28, 2024

Sam Bankman-Fried sentenced to 25 years in prison after FTX collapse

“There is a risk that this man will be in a position to do something very bad in the future,” the judge said

Axios · Mar 28, 2024

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.

The Guardian - US · Mar 28, 2024

Sam Bankman-Fried is going to prison. The crypto industry isn’t any better for it

There have been no changes since the ex-mogul’s conviction as lawmakers fail to pass regulations to protect the public

The Guardian - US · Mar 28, 2024

‘He knew it was wrong’: Sam Bankman-Fried sentenced to 25 years in prison over FTX fraud

Judge orders disgraced crypto mogul to forfeit $11bn in assets and says he showed no remorse for his crimes

Prosecutor Accuses FTX CEO Of Stealing Billion

FTX founder accused of stealing billion in customer funds, raising concerns about cryptocurrency exchange's integrity.

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