Sam Bankman-Fried is set to wrap his testimony in his federal fraud trial Tuesday (Oct. 31). And as a report by CNBC notes, this will mark the FTX founder’s last opportunity to convince jurors of his innocence in what prosecutors say is one of the largest financial frauds in...
Sam Bankman-Fried took the stand in a New York courtroom on Friday (Oct. 27) to defend himself against charges of criminal fraud. Cryptocurrency exchange FTX founder Bankman-Fried, who could potentially face a life sentence if convicted, denied the allegations leveled against him, CNBC reported Friday. During his...
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 to rest its case next Thursday (Oct. 26), after a six-day break starting Friday (Oct. 20). The defense team for...
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 permission to question company co-founder Gary Wang about legal advice he received when agreeing to loans from Alameda Research, FTX’s...
October 31, 2023
Sam Bankman-Fried is set to wrap his testimony in his federal fraud trial Tuesday (Oct. 31). And as a report by CNBC notes, this will mark the FTX founder’s last opportunity to convince jurors of his innocence in what prosecutors say is one of the largest financial frauds in history. Bankman-Fried, 31, had spent Monday’s court session under cross-examination, […]
October 27, 2023
Sam Bankman-Fried took the stand in a New York courtroom on Friday (Oct. 27) to defend himself against charges of criminal fraud. Cryptocurrency exchange FTX founder Bankman-Fried, who could potentially...
October 10, 2023
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 permission to question company co-founder...
October 09, 2023
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 Anthropic has raised since that...
