Bankster Crime

Exposing Fraud in the Banking System

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…

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…

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…

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…