FTX Collapse
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Sam Bankman-Fried on Verge of Tears as His Lawyer Concludes Defense
The alleged fraudster and ex-FTX CEO acted "in good faith," Bankman-Fried's attorney said in an emotional closing argument.
By Danny Nelson, Sam KesslerNov 1, 2023
Sam Bankman-Fried Ran 'Pyramid of Deceit,' Prosecutor Says in Closing Argument; Defense Calls Case Against FTX Founder a Fantasy
Jurors could begin deliberating Bankman-Fried's fate as soon as Thursday.
By Sam Kessler, Nikhilesh De, Helene Braun, Danny NelsonNov 1, 2023
FTX, Alameda Wallets Move More Than $78 Million in Crypto to Exchanges: Spotonchain
The tokens were moved to Binance and Coinbase overnight in accordance with a bankruptcy court order allowing the sale of some FTX assets, data from Spotonchain show.
By Sandali HandagamaNov 1, 2023
Sam Bankman-Fried Again Blames Underlings for Woes as FTX Founder Wraps Up Testimony
"So, it's your testimony that your supervisees told you to stop asking questions?" asked a prosecutor. "Did you call in your lieutenants and ask 'who spent $8 billion?'"
By Helene Braun, Sam Kessler, Nikhilesh DeOct 31, 2023
Sam Bankman-Fried's Defense Team Makes Last-Ditch Bid to Get 'English Law' Detail in Jury Instructions
The term may have implications for the fraud charges Bankman-Fried faces.
By Nikhilesh DeOct 31, 2023
Sam Bankman-Fried's Post-Collapse Media Blitz Has Clearly Backfired
The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company's collapse against him.
By Sam KesslerOct 30, 2023
Sam Bankman-Fried Grilled by Prosecutor, Who Points Out Contradictions in His Testimony
Assistant U.S. Attorney Danielle Sassoon repeatedly cornered the FTX founder on his public statements about his involvement with his affiliated trading firm Alameda and the safety of exchange customer assets.
By Nikhilesh De, Sam Kessler, Danny Nelson, Elizabeth NapolitanoOct 30, 2023
Sam Bankman-Fried Rebuffed Barry Silbert's and Celsius' Requests for Help, Ex-FTX CEO Testifies at His Trial
The crypto mogul served as a white knight for other struggling companies, though, before his empire fell, too.
By Elizabeth NapolitanoOct 27, 2023
Sam Bankman-Fried Started Buying Solana's SOL at 20 Cents Using 'Alameda Profits,' He Says at His Trial
"I believed the funds came from Alameda’s operating profits" as well as third-party lenders, he testified Friday at his fraud and conspiracy trial.
By Danny NelsonOct 27, 2023
Sam Bankman-Fried Throws Caroline Ellison Under Bus in Testimony
The former FTX mogul said he asked Alameda Research, the trading firm that played a central role in the exchange’s demise and was run by his former girlfriend, to hedge risks.
By Sam Kessler, Danny Nelson, Helene Braun, Nikhilesh DeOct 27, 2023