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…
*Fake soldiers in court for terrorising Lagos communities (Punch)*Oshodi-Apapa Expressway: LASTMA, police abandon work as gridlock cripple movement (Vanguard)
Fake soldiers in court for terrorising Lagos communities (Punch) Two men, Gabriel Oyewole and Nurudeen Agboola, have been arraigned before the Ogba Magistrates’ Court, Lagos State, for allegedly impersonating members of the Nigerian Armed Forces. The duo were said to…
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.…