Former cryptocurrency executive Nishad Singh, who once shared a $35m Bahamas penthouse with FTX founder Sam Bankman-Fried, has been spared prison time by a judge for his role in the theft by his imprisoned former boss of about $8bn in…
Sam Bankman-Fried pressed in court over past comments
Sam Bankman-Fried struggled to account for the management of his now-bankrupt crypto exchange, FTX, as his fraud trial neared its conclusion on Tuesday. Prosecutors in New York finished questioning the 31-year-old, who made the risky decision to take the stand…
Crypto mogul Bankman-Fried jailed for suspected witness tampering
FTX founder Sam Bankman-Fried left a federal courtroom in handcuffs Friday when a judge revoked his bail after concluding that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him. Bankman-Fried drooped his head as Judge Lewis A.…
Sam Bankman-Fried doc feature set at Myco
Disgraced crypto entrepreneur Sam Bankman-Fried is to be profiled in a documentary feature for web3 streaming platform Myco. Produced by Decrypt Studios, the as-yet-untitled doc will chart the rise and fall of the FTX Founder once worth $24B who was…
Bankman-Fried apologizes, says didn’t ”try to commit fraud”
Former FTX Chief Executive Sam Bankman-Fried apologized Wednesday for a “lot of mistakes” in the abrupt collapse of the cryptocurrency firm and said he did not knowingly behave fraudulently. “I didn’t ever try to commit fraud on anyone,” Bankman-Fried told…
FTX: Crypto giant collapses into bankruptcy
Embattled cryptocurrency exchange FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. The company said that former boss Sam Bankman-Fried had also stepped down as chief executive.…