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The Latest Breaking News from Sam Bankman-Fried

FTX 2.0 ‘Worse Than Starting From Scratch’, Says Crypto Expert

Jesse Powell on Wednesday voiced his skepticism about the proposed restructuring plan for beleaguered FTX.

Zenger

FTX founder Sam Bankman-Fried's lawyers say attempt to jail him before trial is wrong

Lawyers for FTX founder Sam Bankman-Fried say prosecutors are wrong to seek his detention prior to trial because their arguments are based on “innuendo, speculation, and scant facts.”

The Independent UK

FTX Unveils Restructuring Plan To Revive As Offshore Entity

Proposed plan includes resolution of claims, recovery pools, and potential restart of offshore exchange.

Zenger

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Campaign finance charge dropped from case against Sam Bankman-Fried

Prosecutors have withdrawn a campaign finance charge from eight counts among charges FTX founder Sam Bankman-Fried will face at an October trial

The Independent UK

US judge tightens Bankman-Fried’s bail, considers jail until trial

Court imposes gag order on FTX founder after prosecutors accuse him of witness tampering.

Al Jazeera

Prosecutors want disgraced crypto mogul Bankman-Fried in jail ahead of trial

Bankman-Fried has been living under house arrest in his parents' home near the Stanford University campus since December. But his communications with reporters have gotten him in hot water.

WEKU

Sam Bankman-Fried should be jailed until trial, prosecutor says, citing bail violations

A prosecutor has asked a judge to immediately jail FTX founder Sam Bankman-Fried, saying he violated his bail conditions by releasing information meant to harass a key witness against him

The Independent UK

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How do tech bros plan to ride out Armageddon? Living it up on their private islands

‘Effective altruist’ Sam Bankman-Fried supposedly wanted to buy the Pacific state of Nauru to build a doomsday bunker. Meanwhile, in the real world, quite a few other things need fixing, writes Arwa Mahdawi

The Guardian - UK

The horrible Bankman-Fried family: Sam is not the only bad apple

The finance industry was shaken up by fintech but even more disruptive technologies will soon arrive.

Fortune

FTX CEO Faces Criticism For Allegedly Leaking Ex-Girlfriend’s Diary Entries To Undermine Witness

Prosecutors accuse Samuel Bankman-Fried of attempting to discredit potential star witness in upcoming criminal trial.

Zenger

Want to quickly spot idiots? Here are five foolproof red flags

The governor of Illinois went viral with a speech about seeing idiots in one’s midst. I have a few pointers of my own to offer

The Guardian - US

Prosecutors say FTX founder Sam Bankman-Fried is harassing a key witness at his upcoming trial

Prosecutors say FTX founder Sam Bankman-Fried is harassing a key witness against him at his upcoming trial by publicly disclosing personal things she wrote while she was the chief executive at his cryptocurrency hedge fund trading firm

The Independent UK

Bankman-Fried planned to buy Nauru and build apocalypse bunker – lawsuit

Lawsuit filed against FTX founder, 31, includes memo that detailed plans to purchase Pacific island in case world came to an end

The Guardian - US

Caroline Ellison paid herself $22.5M bonus around the time she estimated a $10 billion cash shortfall at FTX—lawsuit

She allegedly used some of that 'bonus' to invest in an unnamed A.I. safety and research firm.

Fortune

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Fortune

Caroline Ellison, ex-girlfriend of Sam Bankman-Fried, kept a Google Doc about working for the CEO

“It doesn’t really feel like there’s an end in sight,” Ellison wrote.

The Guardian - UK

FTX sues founder Sam Bankman-Fried and three others for $1bn

Lawsuit by cryptocurrency exchange, which collapsed in November, is attempting to recoup assets sought by creditors

Fortune

SBF's brother planned to buy an island nation with FTX funds to build apocalypse bunker - lawsuit says

The lawsuit also alleges that Bankman-Fried is using customer funds for his own defense.

The Street

Stocks Higher, American Express, Biden on AI, Washington Commanders

Stock futures edge higher as tech looks to rebound; American Express earnings on deck as travel, spending impress; President Biden to meet with tech executives to hammer out AI safeguards; FTX trading sues Sam Bankman-Fried, prosecutors suggest witness tampering and NFL owners approve $6 billion sale of Washington Commanders.

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Zenger

Former FTX Executive Constance Wang Joins Sino Global Capital

Wang's move highlights the resilience of ex-FTX employees amid legal troubles

Evening Standard

FTX sues Sam Bankman-Fried and other former execs to recoup over $1 billion

The saga surrounding the collapse of crypto company FTX took another twist today after the bankrupt business unveiled a fresh lawsuit against its former boss Sam Bankman-Fried in a bid to recoup hundreds of millions of dollars.

The Philadelphia Inquirer

Lessons from the rise and fall of Sam Bankman-Fried and FTX

Former cryptocurrency king Sam Bankman-Fried has grown quieter as he approaches his federal fraud and conspiracy trial this fall.

The Street

Anthony Scaramucci Reveals the Last Time He Spoke With SBF

TheStreet's J.D. Durkin sat down with Anthony Scaramucci, Former White House communications director at Collision in Toronto to discuss his relationship with Sam Bankman-Fried.

The Guardian - UK

‘I know about lying, I do it for a living’: How Ben McKenzie went from The OC heartthrob to crypto’s biggest critic

The OC star has made a ‘bizarre career pivot’, embedding himself in the cryptocurrency community, and co-writing a book exposing the truth behind digital currencies

Fortune

FTX spent $376 million to get a $2 million license in Europe. Now its caretaker CEO wants most of that money back

The lawsuit alleges Sam Bankman-Fried misspent hundreds of millions on a company run by his acquaintances.

Zenger

Tom Brady’s Association With Collapsed FTX Exchange Left Him With Huge Losses

Former NFL star Tom Brady reportedly lost millions of dollars from his association with other celebrities.

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