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The Latest Breaking News from Mark Cohen

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 · 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

The Independent UK · 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.

Fortune · Oct 27, 2023

From analysis to the latest developments in health,
read the most diverse news in one place.

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 · Oct 27, 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

The Guardian - US · Oct 26, 2023

Sam Bankman-Fried wants to throw FTX lawyers under the bus when he takes the stand, per court filing

The defense also plans to prompt Bankman-Fried to testify about common practices in the crypto industry as well as why he pushed for the Bahamas to oversee FTX's bankruptcy.

Fortune · Oct 26, 2023

Former cryptocurrency boss Sam Bankman-Fried will testify at trial, lawyer says

The FTX founder is accused of stealing billions of dollars from investors and customers

Evening Standard · Oct 25, 2023

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Sam Bankman-Fried plans to testify at his New York fraud trial, his lawyer says

A lawyer for Sam Bankman-Fried says the FTX founder plans to testify at his fraud trial

The Independent UK · Oct 25, 2023

Sam Bankman-Fried's lawyers request Adderall for the FTX founder as he decides whether to testify

With SBF's trial entering its third week, the defendant is still fighting for access to medication.

Fortune · Oct 16, 2023

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

The Guardian - US · Oct 13, 2023

Sam Bankman-Fried accused of scoffing and laughing as ex-girlfriend testified

Judge asks Bankman-Fried’s lawyer to ‘have a word with him’ after prosecutors complain of possible intimidation

The Guardian - US · Oct 12, 2023

Sam Bankman-Fried's lawyer struggles in cross-examination of Caroline Ellison, govt's key witness

Sam Bankman-Fried’s defense lawyer has struggled through a meandering cross-examination of the FTX founder’s former girlfriend Thursday, keeping both the judge and the public guessing as to his strategy in countering the testimony of the government’s key witness

The Independent UK · Oct 12, 2023

Sam Bankman-Fried laughed, scoffed, and visibly shook his head during Caroline Ellison’s second-day testimony, prosecutor tells judge

The FTX founder’s alleged behavior stands in contrast to how he’s previously reacted to other witnesses.

Fortune · Oct 12, 2023

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.

Fortune · Oct 10, 2023

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Fortune · Oct 9, 2023

Bankman-Fried’s trial enters week 2: What’s happened so far, and what to expect when his ex takes the stand

Ellison is the former CEO of Alameda Research, Bankman-Fried’s ex-girlfriend, and the prosecution’s star witness.

The Guardian - US · Oct 9, 2023

Sam Bankman-Fried’s ex-girlfriend’s testimony could be the most damning evidence yet

Caroline Ellison, former CEO of Alameda Research, will take the stand as the prosecution’s star witness on Tuesday

The Guardian - US · Oct 7, 2023

‘Math nerd’ or crypto criminal? Question at heart of Sam Bankman-Fried’s trial

Prosecutors have depicted a malicious financial mastermind, but his defense says he’s just a wayward boy genius. Which will jurors believe?

The Guardian - US · Oct 5, 2023

FTX co-founder testifies he committed crimes with Sam Bankman-Fried

Gary Wang, who previously pleaded guilty to his role in FTX’s downfall, is testifying under a plea agreement

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news in one place.

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Fortune · Oct 4, 2023

Is Sam Bankman-Fried a bad ‘man’ or a good ‘boy’? Lawyers swap opening statements before first witnesses take the stand

A former FTX developer, a French commodities trader, and Damian Williams, the U.S. Attorney for the Southern District of New York, all came to court.

The Independent UK · Oct 4, 2023

Sam Bankman-Fried trial: Billion dollar crypto fortune was ‘built on lies’, prosecutors say

Fallen crypto billionaire has gone on trial accused of stealing billions in cash and cryptocurrency from FTX investors

WEKU · Oct 4, 2023

SBF on trial: A 'math nerd' in over his head, or was his empire 'built on lies'?

Sam Bankman-Fried's trial in New York kicked off with lawyers from both sides delivering their opening statements, painting him as a villain or as an innocent nerd.

Fortune · Sep 29, 2023

Sam Bankman-Fried’s day in court is nearly here. Who are the key players in the blockbuster trial of the former CEO of FTX?

From Bankman-Fried to his parents, Joseph Bankman and Barbara Fried, to U.S. Attorney Damian Williams, meet the cast of the crypto news event of the decade.

Ballotpedia · Sep 14, 2023

Atlanta city officials not processing petitions submitted for police training facility referendum

Atlanta city officials are not processing signatures for a referendum petition regarding the construction of a police training facility, saying they were legally barred from processing the submitted signatures following a stay on a federal court injunction.

The Independent UK · Sep 13, 2023

Judge blames Atlanta officials for confusion over 'Stop Cop City' referendum campaign

A federal judge overseeing the case involving Atlanta activists’ referendum effort against a police and firefighter training facility has accused city officials of moving the goalposts on the signature-gathering campaign

The Independent UK · Aug 25, 2023

Sam Bankman-Fried's lawyers renew claim that the FTX founder can't prepare for trial behind bars

Lawyers for Sam Bankman-Fried say prosecutors have delivered another four million pages of documents on the FTX founder six weeks before trial

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