Nation Mar 28 Bankman-Fried sentenced to 25 years in prison for massive FTX fraud By William Brangham, Courtney Norris, Shoshana Dubnow
Nation Mar 28 FTX founder Sam Bankman-Fried sentenced to 25 years in prison Bankman-Fried, 32, was convicted in November of fraud and conspiracy — a dramatic fall from a crest of success that included a Super Bowl advertisement and celebrity endorsements from stars like quarterback Tom Brady, basketball star Stephen Curry and comedian… By Ken Sweet, Larry Neumeister, Associated Press
Nation Mar 28 Former crypto mogul Sam Bankman-Fried to be sentenced for defrauding FTX investors Bankman-Fried once led companies so successful that they were featured in a Super Bowl advertisement. A jury found that Bankman-Fried illegally used billions of dollars from FTX depositors. By Ken Sweet, Larry Neumeister, Associated Press
Nation Nov 03 Watch 4:26 The significance of FTX founder Sam Bankman-Fried’s fraud conviction FTX founder Sam Bankman-Fried has been found guilty of fraud for his role in the collapse of the now bankrupt cryptocurrency exchange. It took a jury just over four hours to convict him in one of the biggest financial frauds… By John Yang, Courtney Norris
Economy Nov 02 FTX founder Sam-Bankman-Fried convicted of defrauding cryptocurrency customers A New York jury has convicted FTX founder Sam Bankman-Fried of fraud charges. The 31-year-old California man was convicted Thursday in Manhattan federal court by jurors who rejected his testimony that he didn't defraud customers. By Larry Neumeister, Associated Press
Oct 27 In court, FTX’s Sam Bankman-Fried denies he took customers’ funds but acknowledges that people got hurt By Ken Sweet, Larry Neumeister, Associated Press FTX founder Sam Bankman-Fried is testifying at his fraud trial saying he hoped would move the cryptocurrency ecosystem forward but ended up doing the opposite and hurting customers. Continue reading
Oct 26 FTX founder Bankman-Fried testifies outside jury’s presence as judge decides what he can say By Larry Neumeister, Associated Press Sam Bankman-Fried got a test run at testifying at his New York criminal trial when a judge sent jurors home but let him demonstrate portions of his testimony before deciding what jurors will hear on Friday. Continue reading
Oct 07 FTX co-founder tells jury Sam Bankman-Fried stole customer funds from the beginning By Ken Sweet, Larry Neumeister, Associated Press Sam Bankman-Fried authorized the illegal use of FTX customers' funds and assets to plug financial gaps at an affiliated hedge fund from the exchange's earliest days, FTX's co-founder Gary Wang told a New York jury on Friday. Continue reading
Oct 03 Jury selection begins in trial of fallen FTX founder Sam Bankman-Fried By Larry Neumeister, Associated Press Jury selection started Tuesday morning after a prosecutor revealed that the 31-year-old crypto executive was not offered any plea deals, and there were no discussions about a possible plea since his arrest last December. Continue reading
Aug 11 FTX founder Sam Bankman-Fried jailed after judge revokes bail in crypto fraud case By Larry Neumeister, Associated Press FTX founder Sam Bankman-Fried was sent to jail Friday to await trial after a bail hearing for the fallen cryptocurrency wiz left a judge convinced that he had repeatedly tried to influence witnesses against him. Continue reading