The Latest Breaking News from Sam Bankman-Fried

Bankman-Fried’s lawyers cast Caroline Ellison as architect of FTX collapse

Defense team suggests Ellison let heartbreak impede business communications on third day of her testimony

The Guardian - US · Oct 12, 2023

Up First briefing: Gaza's humanitarian crisis; Scalise gets House speaker nomination

People trapped in Gaza describe the worsening humanitarian crisis. Republicans nominate Majority Leader Steve Scalise for House speaker.

WEKU · Oct 12, 2023

Why it's easy to defraud conservatives

Their victims were bankers, tech bros, and GOP donors — what they have in common is giant egos fit for manipulation

Salon · Oct 12, 2023

Emails show how Bankman-Fried toyed with Paradigm VCs, who had misgivings but gave him nearly $300 million anyway

Emails surfaced in Sam Bankman-Fried's trial that show how he pressured Paradigm to make a huge investment despite concerns over FTX governance.

Fortune · Oct 11, 2023

Alameda propped up the price of ‘Sam coin’ FTT to help secure loans, former CEO Caroline Ellison says

Ellison said in her testimony at SBF’s trial on Tuesday that he told her to use Alameda funds to prop up the price of FTT, FTX's native token.

Fortune · Oct 11, 2023

The Sam Bankman-Fried trial could have been much worse for Washington, D.C.

Hundreds of elected officials took campaign contributions from the alleged fraudster prior to the collapse of FTX.

Fortune · Oct 11, 2023

Caroline Ellison says she felt ‘relief not to have to lie any more’ after FTX collapse

Former Alameda Research CEO describes in teary testimony how her ex-boyfriend Sam Bankman-Fried led her to commit fraud

The Guardian - US · Oct 11, 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

FTX cofounder Gary Wang says he took out $200 million to $300 million in loans from Alameda Research for investments he couldn’t ‘recall’

Interest payments for the loans became so cumbersome that Wang took out a loan just to pay for them.

Fortune · Oct 10, 2023

Star witness Caroline Ellison starts testimony at FTX founder Sam Bankman-Fried's trial

The trial of FTX founder Sam Bankman-Fried has taken a star turn as his former fellow top executive and ex-girlfriend Caroline Ellison began testifying against him

The Independent UK · Oct 10, 2023