#bankman

Here’s How FTX Founder Sam Bankman-Fried’s Trial May Play Out

( www.coindesk.com )

Here’s How FTX Founder Sam Bankman-Fried’s Trial May Play Out FTX founder and onetime CEO Sam Bankman-Fried will stand trial in just under two weeks to defend himself against allegations he deliberately committed fraud and conspired to defraud crypto investors and customers in FTX and Alameda Research. CoinDesk spoke to several legal experts about how the case may proceed.

Coindesk 1.1k 2023-10-23

Sam Bankman-Fried’s Empire Was Crushed by This Infamous Balance Sheet. Here’s More of the Story

( www.coindesk.com )

Sam Bankman-Fried’s Empire Was Crushed by This Infamous Balance Sheet. Here’s More of the Story The infamous balance sheet of Sam Bankman-Fried’s trading firm, Alameda Research, served as the basis for a Nov. 2, 2022, story by CoinDesk’s Ian Allison. The article raised questions about how sturdy the company’s financial underpinnings were – and, by extension, how safe Bankman-Fried’s better-known crypto exchange FTX was. For the protection …

Coindesk 471 2023-10-22

The best stuff Sam Bankman-Fried’s parents bought using FTX money

( www.theverge.com )

The best stuff Sam Bankman-Fried’s parents bought using FTX money An object lesson in filial piety! | Illustration: The Verge; Image: Getty ImagesThe lawyers who represent what’s left of FTX filed suit against Sam Bankman-Fried’s parents, saying they “exploited their access and influence within the FTX enterprise to enrich themselves, directly and indirectly, by millions of dollars.” The point of the suit is t…

The Verge 1.0k 2023-10-19

Sam Bankman-Fried’s Parents Sued by FTX

( www.nytimes.com )

Sam Bankman-Fried’s Parents Sued by FTX The lawyers overseeing the bankrupt cryptocurrency exchange accused Joe Bankman and Barbara Fried of enriching themselves with money their son stole from customers.

New York Times 805 2023-10-18

Sam Bankman-Fried Remains Stuck in Jail

( www.coindesk.com )

Sam Bankman-Fried Remains Stuck in Jail Sam Bankman-Fried lost a bid to be released from jail ahead of his trial next month. All hope isn’t lost for him, but time is running out for the FTX founder.

Coindesk 194 2023-10-05

DOJ ‘Overreaching’ in Trying to Block Sam Bankman-Fried’s Proposed Witnesses, Defense Says

( www.coindesk.com )

DOJ ‘Overreaching’ in Trying to Block Sam Bankman-Fried’s Proposed Witnesses, Defense Says Prosecutors with the U.S. Department of Justice are trying to limit FTX founder Sam Bankman-Fried’s right to a fair trial by moving to block all of his proposed expert witnesses, defense attorneys said. The DOJ, for its part, said the defense mischaracterized a proposed prosecution witness’s planned testimony.

Coindesk 187 2023-10-02