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The Latest Breaking News from Sam Bankman-Fried

Sam Bankman-Fried deserves 40 to 50 years for FTX fraud, prosecutors say

Manhattan prosecutors condemn former FTX chief’s ‘unmatched greed and hubris’ and seek long sentence for $8bn fraud conviction

The Guardian - US

Prosecutors Seek 40-50 Years For FTX Fraud By Bankman-Fried

Prosecutors seek lengthy prison term for FTX founder Sam Bankman-Fried over alleged fraud at cryptocurrency exchange.

Top News

SBF Says He's Sticking With New Lawyers Through Sentencing Despite Possible Conflicts

SBF said he was aware of potential conflicts of interest in hiring a lawyer who also represented the founder of another collapsed crypto firm that FTX has had business interactions with.

International Business Times

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Supposed First Prison Photo Of SBF Shows Thinner, Bearded FTX Founder

A photo of Sam Bankman-Fried in jail has emerged, showing a thinner and bearded inmate who was once called the "golden boy of crypto."

International Business Times

Trading Unicorns For Land In The Bahamas

The UAE and Dubai are facing strong competition from The Bahamas and Nassau for the title of cryptocurrency capital of the world.

International Business Times

FTX Scraps Relaunch Plans, Expects Full Customer Repayment

FTX, the collapsed crypto exchange founded by Sam Bankman-Fried, said it has abandoned plans to relaunch and will instead focus on liquidating assets so it can repay customers.

International Business Times

FTX scraps plan to revive exchange and will repay billions to customers

Cryptocurrency exchange founded by Sam Bankman-Fried ‘an irresponsible sham created by a convicted felon’, lawyer says

The Guardian - US

SBF Controversy Continues: Bankman And Fried Counter FTX's Clawback With Dismissal Request

FTX did not specify the exact sum allegedly misappropriated by Bankman and Fried but detailed certain expenditures: Bankman's annual remuneration of $200,000 as a senior adviser to the FTX foundation, over $18 million allocated for Bahamian real estate, and $5.5 million in contributions made by the FTX Group to Stanford…

International Business Times

Mark Cuban–backed neobank Dave announces repurchase of $100 million investment from FTX

The failed exchange founded by Sam Bankman-Fried had formed a partnership with Dave in 2022 to work on crypto payments.

Fortune

RFK Jr. Reveals Reason Why The DoJ Dropped Charges Against Sam Bankman-Fried

Last week, U.S. prosecutors decided not to pursue additional charges against Bankman-Fried, the former CEO of the fallen crypto empire FTX who was found guilty of seven counts of fraud in November.

International Business Times

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International Business Times

Is Bankman-Fried The Luckiest One? DOJ Reveals Plan To Not Pursue Additional Charges

Bankman-Fried was expected to be prosecuted on six additional charges, including unlawful political campaign contributions, conspiracy to commit bank fraud, substantive securities and commodities fraud, conspiracy to operate an unlicensed money-transmitting business and charges of conspiracy to bribe foreign officials.

Kiplinger

Is the Crypto Winter Over?

Bitcoin and other cryptocurrency prices rebounded sharply in 2023, leading many to wonder if the crypto winter is over.

The Independent UK

Sam Bankman-Fried will not face a second fraud trial, DoJ announces

‘The Government has concluded that the public interest in a prompt resolution of this matter outweighs the interest in holding a separate trial,’ DoJ writes in legal filing

The Independent UK

Prosecutors say there's no need for a second trial of FTX founder Sam Bankman-Fried

Federal prosecutors have told a New York judge that they will not proceed with a second trial of FTX founder Sam Bankman-Fried on charges not in the case presented to a jury that convicted him in November

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PC Gamer

2023 in crypto and web3: Scams, collapses, and finally some consequences

Et tu, Mutant Ape Planet?

Fortune

Fast Times at FTX High

Here’s a look back at the graduating class from the financial fraud of the century.

Fortune

Fortune Crypto’s 2023 Jealousy List

Fortune Crypto picks the team’s favorite non-Fortune stories of 2023.

Fortune

The Best Crypto Books of 2023

Our resident crypto expert picks his top books of the year.

WEKU

After a brutal stretch, a remarkable thing is happening: Cryptocurrencies are surging

Bitcoin and other digital currencies are rallying, emerging from a stormy period with the conviction that crypto is here to stay.

The Guardian - US

Tough mouths, tears and ‘accordion hands’: a courtroom sketch artist’s banner year

Elizabeth Williams has been sketching since the 1980s – but with Trump, De Niro, Sheeran and Trump again, nothing quite compares to 2023

The Guardian - UK

What happened in 2023? The Christmas quiz of the year

Why did MCC members see red? Who turned down Elton? And what hobby did the CEO of Goldman Sachs have to give up? Test your recall with our festive puzzlers

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