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 20 Watch 7:11 Michael Lewis on his controversial book documenting the rise and fall of Sam Bankman-Fried By Paul Solman, Karina Cuevas The man at the center of a major fraud trial in New York right now, Sam Bankman-Fried, is also the subject of a new book by the best-selling author Michael Lewis. Economics correspondent Paul Solman talked with him about “Going… Continue watching
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 Watch 5:11 News Wrap: Hunter Biden pleads not guilty to federal gun charges In our news wrap Tuesday, Hunter Biden pleaded not guilty to federal charges that he lied about drug use when he bought a handgun in 2018, a state judge in New York imposed a limited gag order on former President… Continue watching