The founder of the collapsed cryptocurrency exchange FTX, who was released on a $250 million bond, returned to New York to appear in court on Tuesday. Story Published at: January 3, 2023 at 07:11PM Continue Reading…
Sam Bankman-Fried Pleads Not Guilty to Fraud and Other Charges
How Bankman-Fried Negotiated His Way Out of Jail
Intense legal wrangling led to the disgraced crypto mogul paying virtually nothing to live with his parents ahead of his upcoming trial. He returns to court on Tuesday. Story Published at: January 3, 2023 at 12:37PM Continue Reading…
In the Bahamas, a Lingering Sympathy for Sam Bankman-Fried
Residents there have a generous view of the disgraced FTX founder, who has been accused of misusing billions of dollars in customer funds. Story Published at: December 26, 2022 at 06:45PM Continue Reading…
How Did Sam Bankman-Fried Make His $250 Million Bail?
Though Mr. Bankman-Fried was not required to pay $250 million, the large amount of the bond in this high-profile case has raised questions about the federal bail process. Story Published at: December 23, 2022 at 07:29PM Continue Reading…
Bankman-Fried’s ‘Epic’ Legal Battle
The disgraced crypto entrpreneur was freed on $250 million bond, but is due back in court in early January on federal fraud charges. Story Published at: December 23, 2022 at 12:21PM Continue Reading…
Sam Bankman-Fried Released on $250 Million Bond With Restrictions
The disgraced cryptocurrency executive appeared in court in Manhattan after his extradition from the Bahamas last night. He was granted bail and will live with his parents in California. Story Published at: December 22, 2022 at 06:52PM Continue Reading…
Even After FTX, S.E.C. Chair Sees No Need for New Crypto Laws
The Securities and Exchange Commission chair, Gary Gensler, said existing rules were adequate but warned crypto issuers and exchanges on compliance. Story Published at: December 22, 2022 at 08:03PM Continue Reading…
Sam Bankman-Fried, FTX’s Co-Founder, Is Increasingly Alone
Decisions by two senior associates to cooperate with government prosecutors raise the legal heat on the fallen crypto mogul. Story Published at: December 22, 2022 at 01:18PM Continue Reading…
Why No One in Politics Wants to Talk About the Sam Bankman-Fried Scandal
The fallout from the crypto controversy is widely spread — and it has hit both parties. Story Published at: December 22, 2022 at 12:00AM Continue Reading…
Sam Bankman-Fried Is Set for Extradition to U.S.
The FTX founder agreed to be transferred from the Bahamas to face federal charges of fraud. Story Published at: December 21, 2022 at 05:07PM Continue Reading…