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The Latest Breaking News from Sam Bankman-Fried

‘Old-fashioned embezzlement’: where did all of FTX’s money go?

Sam Bankman-Fried oversaw its collapse – now the crypto firm is in bankruptcy proceedings as contentious as his fraud trial

The Guardian - US

Sam Bankman-Fried to be sentenced for multibillion-dollar fraud this week

Former FTX CEO faces up to 100 years in prison should the judge hand out the harshest penalty

The Guardian - US

The rise and fall of Sam Bankman-Fried: an unrepentant ex-mogul faces down decades in prison

The former CEO of FTX, once a king of cryptocurrency, saw a swift reversal of his fortunes starting in November 2022

The Guardian - US

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New FTX CEO Slams SBF's 'Nonexistent' Remorse In Scathing Victim Impact Statement

John Ray III, FTX's CEO who took over after the crypto giant's implosion, submitted a scathing victim impact statement on behalf of FTX investors who lost millions in the multi-billion-dollar scheme "designed" to enshrine Sam Bankman-Fried as the crypto king.

International Business Times

FTX CEO Accuses Bankman-Fried Of Delusion And Harm

Cryptocurrency CEO criticizes founder's actions and lack of accountability ahead of sentencing.

Top News

FTX Founder Sam Bankman-Fried Defended Against 'Super-Villain' Allegations

FTX founder Sam Bankman-Fried's legal team disputes 'super-villain' label, highlighting his compliance and contributions to the financial sector amidst ong...

Top News

Prosecutors Urge 40-50 Years For Crypto Fraudster Bankman-Fried

US prosecutors have requested that a court sentence disgraced crypto mogul Sam Bankman-Fried to between 40 and 50 years imprisonment for massive fraud that cost customers $8 billion, court documents showed Friday.

International Business Times

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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

Bitcoin rises above $69,000 in new record high

Other cryptocurrencies such as ethereum also increase price amid general rally in the crypto market

The Guardian - US

SBF's New Legal Team Seeks Leniency For 'Non-violent' Founder Of Fallen FTX

Sam Bankman-Fried's new lawyers want a more lenient sentence for their client, whom they argue did not commit heinous or predatory acts.

International Business Times

Sam Bankman-Fried lawyer argues long prison sentence would be ‘grotesque’

Disgraced cryptocurrency mogul faces 100 years for wire fraud and conspiracy to launder money, a term his lawyer calls ‘barbaric’

The Guardian - US

FTX Founder Faces Potential 100-Year Prison Sentence

FTX founder Sam Bankman-Fried's lawyer criticizes a suggested 100-year prison sentence, arguing for a shorter term due to improper sentencing guidelines an...

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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International Business Times

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.

The Guardian - US

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

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International Business Times

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…

Fortune

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.

International Business Times

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

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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