Sam Bankman-Fried, the former crypto king found guilty last year of orchestrating one of the biggest frauds in U.S. history, will be sentenced this week in a New York courtroom. Prosecutors have ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two law professors claim Sullivan & Cromwell put its own interests before that of FTX’s stakeholders ...
Fried's sentencing date approaches, the judge is being asked to consider billions of dollars in losses and his claimed ...
FTX founder Sam Bankman-Fried is on trial for fraud and conspiracy charges after the collapse of his crypto empire last year. WSJ’s Alexander Osipovich breaks down what happened to FTX and what ...
Sam Bankman-Fried should spend 40 to 50 years in prison after being convicted of stealing $8 billion from customers of his now-bankrupt FTX cryptocurrency exchange, prosecutors said Friday.
FTX co-founder and former chief executive Sam Bankman-Fried is not living in reality with his claims that the bankruptcy of his cryptocurrency exchange was not necessary and that he did not steal ...
In the waning days of 2022, a month after the collapse of FTX, federal prosecutors filed eight charges against Sam Bankman-Fried, the face of the bubble-like crypto industry. Four of them involved ...
Bankrupt cryptocurrency exchange FTX has struck $884 million in deals with two dozen buyers, including an Abu Dhabi investor, to sell most of its shares in Anthropic, an artificial-intelligence ...
NEW YORK, March 21 (Reuters) - Crypto exchange FTX said it expects to negotiate U.S. government claims in its bankruptcy down to $3 billion to $5 billion, leaving no money for shareholders and ...
FTX Token (FTT) was developed by the FTX derivatives exchange as a cryptocurrency token for various purposes within its ecosystem, including paying transaction fees, acting as collateral, and ...
FTX has about $6.4 billion in cash, the company has said. Last year, Bankman-Fried was convicted of fraud for wrongly transferring customer assets to a hedge fund he controlled. The money was then ...
According to federal prosecutors, Sam Bankman-Fried orchestrated one of the biggest criminal frauds in the history of the world. Customers of FTX, his cryptocurrency exchange, lost more than $8 ...