bankman-fried’s
-
At a glance Jurors reached a decision to convict on all seven counts in under five hours on Thursday, a judgment as surprisingly swift and decisive as the trial itself. Bankman-Fried’s sentencing will take place March 28, 2024. He faces as much as 110 years in prison. The final sentence may be more like 25-50…
-
At a glance The Defense team for Sam Bankman-Fried has repeatedly walked into hilarious mistakes. Judge Lewis Kaplan has constantly reprimanded Mark Cohen and Christian Everdell for wasting time. Is there a larger strategy behind what seems like mere ineptitude? Sam Bankman-Fried’s white-shoe lawyers have a very hard job. They also seem to be doing…
-
The criminal trial of Sam Bankman-Fried has entered its third week. Some of the most infamous and familiar witnesses have taken the stand, including Caroline Ellison and Gary Wang, while lesser known personalities will testify in the coming days: Nishad Singh, Tareq Morad, Elan Dekel, Richard Busick, Ramnik Arora, and Delaney Ornelas.
-
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›
-
Hot Water: In three days of testimony, Caroline Ellison roasted Sam Bankman-Fried. His ex-girlfriend and former CEO of Alameda Research Front Company revealed many unpleasant things about SBF’s character. More importantly, he disseminated information that this trial was only the tip of the iceberg of his crimes.
-
At a glance Now in its second week, Thursday’s court session in the criminal fraud trial of Sam Bankman-Fried was mostly taken up with the cross-examination of Caroline Ellison by Bankman-Fried’s defense team. After being previously barred from discussing his venture capital investment in AI startup Anthropic, Bankman-Fried’s defense team appeared aimless in its questioning…
-
At a glance During Sam Bankman-Fried’s trial yesterday, Caroline Ellison briefly lost her composure as she described the sense of relief she felt after FTX collapsed and the truth came out. Ellison described efforts to use the identities of “Thai prostitutes” to create fake accounts on Chinese crypto exchanges to extract frozen Alameda Research money.…
-
A $500 million investment in AI startup Anthropic that Sam Bankman-Fried made in 2022 may be introduced as evidence by his lawyers in court to show that FTX creditors can be made whole — but prosecutors have asked that it be thrown out.
-
At a glance Under a plea deal, FTX co-founder Gary Wang told the jury he was a participant in financial crimes at the direction of Bankman-Fried, and detailed some of those crimes. Witness testimony established for the jury that Bankman-Fried knew of FTX’s financial woes while lying about them to the public and investors. Judge…
-
Bankrupt crypto exchange FTX is looking to claw back luxury property and “millions of dollars in fraudulently transferred and misappropriated funds” from the parents of Sam Bankman-Fried, the exchange’s disgraced ex-CEO and founder. CNBC reports: In a Monday court filing, lawyers representing the bankruptcy estate of the failed exchange alleged that Allan Joseph Bankman and…
-
Crypto trading firm Robinhood has been able to repurchase Sam Bankman-Fried and Gary Wang’s stakes from the United States Marshal Service.