FTX co-founder avoids prison time Wang, co-founder of FTX, was the first person to cooperate after the firm collapsed in 2022. Salon · Nov 20, 2024
FTX Co-Founder Sentenced With No Prison Time For Cooperation FTX co-founder Gary Wang avoids prison time for aiding in cryptocurrency fraud case against Sam Bankman-Fried. Top News · Nov 20, 2024
FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried An apologetic FTX co-founder has been sentenced to no time in prison after a prosecutor and a judge praised his cooperation against Sam Bankman-Fried and his efforts to recover money for victims of the cryptocurrency fraud The Independent UK · Nov 20, 2024
Former FTX Executives Sentenced In Cryptocurrency Fraud Case Former FTX executive sentenced to prison for fraud, aiding in conviction of founder. Case highlights cryptocurrency industry complexities and commitment to... Top News · Sep 25, 2024
Former FTX executive Ryan Salame is not pleased with his prison sentence Despite pleading guilty, Sam Bankman-Fried's former lieutenant received a harsher sentence than prosecutors asked for—and took to X to voice his displeasure. Fortune · May 29, 2024
Fast Times at FTX High Here’s a look back at the graduating class from the financial fraud of the century. Fortune · Dec 28, 2023
Dramatic fall for Sam Bankman-Fried and ‘unkempt visionary’ persona Jury did not believe T-shirt, cargo shorts and messy hair could prevent someone defrauding people out of billions of dollars The Guardian - US · Nov 4, 2023
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 · Nov 3, 2023
Sam Bankman-Fried found guilty of defrauding FTX customers out of billions The prosecutor said that ‘while the cryptocurrency industry might be new … this kind of corruption is as old as time’ The Guardian - US · Nov 3, 2023
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 · Nov 2, 2023
Here are 3 of the most damning documents in the trial of Sam Bankman-Fried, according to the prosecution’s final rebuttal The jury is set to deliberate Thursday afternoon after the judge instructs them on how to weigh the evidence. Fortune · Nov 2, 2023
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 · Nov 1, 2023
Sam Bankman-Fried makes himself out to be an absentee CEO in new testimony The FTX cofounder tried to distance himself from the hole in FTX’s balance sheet. Fortune · Nov 1, 2023
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 · Oct 31, 2023
Fortune · Oct 31, 2023 Bankman-Fried’s lieutenants say he directed them to commit crimes. He portrayed himself as a hands-off CEO wary of being ‘distracting’ The FTX founder took the stand for a second day of cross-examination on Tuesday.
Fortune · Oct 30, 2023 Sam Bankman-Fried can’t shut up. His ‘word salad’ answers were almost 75% longer on average than his 3 FTX lieutenants’ “The witness has what I'll simply call an interesting way of responding to questions,” Judge Lewis Kaplan said of Sam Bankman-Fried’s babble.
The Guardian - US · Oct 27, 2023 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 Independent UK · Oct 27, 2023 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
Fortune · Oct 27, 2023 Sam Bankman-Fried blames everyone but himself for FTX’s approach to risk management, including a trillion-dollar trading disaster The FTX founder finally faced a jury on Friday, sharing a version of events that contradicted previous testimony from Gary Wang and Nishad Singh.
The Guardian - US · Oct 26, 2023 Sam Bankman-Fried testifies in his crypto fraud trial without jury present The CEO of the failed cryptocurrency exchange FTX is charged with seven counts of wire fraud and conspiracy to launder money
WEKU · Oct 21, 2023 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 · Oct 20, 2023 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.
The Times of India · Oct 17, 2023 Nishad Singh says working with Sam Bankman-Fried left him in ‘severe’ distress NEW YORK: Nishad Singh, the third member of Sam Bankman-Fried’s inner circle to testify against him, detailed a rocky relationship with his former boss that at times left him “humiliated” and, as the company collapsed, suicidal.
Fortune · Oct 16, 2023 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."
Fortune · Oct 16, 2023 Behind the scenes of week 2 of Sam Bankman-Fried’s trial Caroline Ellison testified about bribery, FTT, Thai prostitutes, and her surprisingly small equity package.