Posts Tagged ‘Bankman-Fried’
By Jamie Redman After Sam Bankman-Fried was sentenced to nearly a quarter-century behind bars for his involvement in financial wrongdoings, Caroline Ellison, Gary Wang, Ryan Salame, and Nishad Singh are up next to face consequences for their roles in the FTX debacle. The Uncertain Road Ahead for FTX’s Co-Conspirators Post-conviction by a jury and subsequent…
Bankman-Fried Lawyers Seek Client’s Temporary Release for Trial Prep
BanksterCrime: Sam Bankman-Fried’s high-powered legal team is pushing for the FTX founder’s temporary release from jail ahead of his October trial on fraud charges. In a motion filed Thursday, lawyers Mark Cohen and Christian Everdell claim Bankman-Fried’s Sixth Amendment rights are being violated by inadequate access to discovery documents needed to help prepare his defense…
US DOJ Goes After FTX’s Bankman-Fried For Allegedly Leaking Caroline Ellison’s Diary
The United States Department of Justice (DOJ) has accused Sam Bankman-Fried, the former CEO of the now-collapsed crypto exchange FTX, of leaking the private diary of Caroline Ellison, a former colleague, and CEO of sister trading firm Alameda Research. The leaked diary was published by the New York Times, shedding light on Ellison’s personal musings…
The Most Recent Accounting of the Financial Damages Incurred During What May Be One of the Largest Ever Frauds Is That the Defunct Crypto Exchange FTX Owes Customers $8.7 Billion, According to the Company’s Current Management
Many people and businesses have lost significant sums of money as a result of the FTX cryptocurrency exchange’s collapse. On Friday, Sam Bankman-Fried’s cryptocurrency exchange, FTX, filed for bankruptcy. Once making Bankman-Fried a multibillionaire and prominent Democratic donor, the company’s value has since plummeted. But the fallout from Bankman-Fried’s company has affected more than just…