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The Latest Breaking News from BankmanFried

Bankman-Fried Victims Frustrated Over Light Sentence

Victims express frustration over lenient sentencing of Bankman-Fried for fraud and embezzlement, seeking justice and prevention of future incidents.

Top News

Sam Bankman-Fried Loses Another Battle As Court Denies Request To Extend Sentencing Process

The former crypto billionaire was found guilty on seven counts of fraud for allegedly misusing billions in customer funds before the spectacular collapse of his crypto empire, FTX.

International Business Times

Prosecutors accuse Sam Bankman-Fried of being two-faced on stand

Discrepancies between SBF’s public and private statements come into sharp focus under cross-examination, reports Bevan Hurley from the courtroom

The Independent UK

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Nishad Singh, former FTX head of engineering, pleads guilty in billion-dollar fraud case

The former head of engineering at Sam Bankman-Fried’s bankrupt cryptocurrency firm owned up to fraud charges on Tuesday, federal prosecutors said.

Tribune News Service

Price of FTT, Cryptocurrency Linked to Bankman-Fried, Jumps

FTT is the token that was issued by the ecosystem of the bankrupt crypto exchange FTX.

The Street

FTX Collapse: Bankman-Fried Breaks His Silence to Defend His Image

The disgraced crypto king was released on bail on Dec. 21. He will stand trial in October.

The Street

FTX founder Sam Bankman-Fried pleads not guilty in court to stealing billions from clients

NEW YORK — FTX founder Sam-Bankman-Fried pleaded not guilty in the multibillion-dollar fraud case against him in Manhattan federal court on Tuesday.

Tribune News Service

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Who is the most entitled aristocrat of the year? Find out in Crikey’s 2022 business awards

Some will proudly display their prize, others, well, a low profile could be best. And the winners are…

Crikey

FTX, Crypto Collapse Costs Taylor Swift a Huge Payday

Sam Bankman-Fried's ambition for celebrity endorsements might have snared the "Anti-Hero" singer, but she proved to be smarter than a lot of other famous people.

The Street

Crypto billionaire Mike Novogratz says Sam Bankman-Fried ‘should go to jail,' as the ex-FTX billionaire worries about paying his lawyers

“The problem was, he took our money. And so he needs to get prosecuted,” says Novogratz, whose Galaxy Digital disclosed $76.8 million exposure to FTX.

Fortune

BlackRock's Fink predicts most crypto firms will go under

BlackRock CEO Larry Fink thinks that most crypto companies won't survive in the wake of Bankman Fried's FTX collapse.

Fortune

The FTX crash could be the start of a 'gold rush' for crypto lawyers

Lawyers with specialties in digital assets are giving way to experts in restructuring. “There's going to be a lot of work.”

Fortune

Robinhood Bounces Back Unaffected By Its Savior's Setbacks

FTX's stake in Robinhood will not impact the brokerage's future outlook.

The Street

Binance To Buy FTX.Com, Cites 'Significant Liquidity Crunch'; Bitcoin Tumbles

"This afternoon, FTX asked for our help," said Binance CEO Changpeng Zhao. "There is a significant liquidity crunch."

The Street

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