It is the end of the third week of Sam Bankman-Fried’s multibillion-dollar criminal fraud trial. The trial itself is approaching halftime, with the prosecution expected...
A former FTX lawyer testified that the company had falsely promised institutional customers, including hedge fund Sculptor Capital Management, that their assets would be safe in...
One billion dollars is a lot of money to spend. But it reportedly took FTX’s 31-year-old co-founder and former CEO, Sam Bankman-Fried, barely two years...
Sam Bankman-Fried wants another shot at mounting a “bad legal counsel” defense. In a filing Monday (Oct. 9) evening, attorneys for the former FTX head have asked the court’s...
When it collapsed, FTX had a $500 million stake in artificial intelligence (AI) firm Anthropic. Now, prosecutors want to keep FTX founder Sam Bankman-Fried from using the funds...
With friends like these, who needs enemies? It is just the second day of witness testimony for Sam Bankman-Fried’s criminal trial, and already two of...
Nearly a year after FTX’s collapse, the cryptocurrency exchange’s customers are still hurting. Some have formed support groups. Others, per a report Thursday (Oct. 5) by Reuters, have...
A new report sheds more light on FTX’s relationship with sister firm Alameda Research. In the months leading up to FTX’s collapse, some of its employees uncovered...
Jurors in FTX founder Sam Bankman-Fried’s trial may not be familiar with cryptocurrencies. And as The Wall Street Journal (WSJ) reported Tuesday (Oct. 3), that lack of knowledge...