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…

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3/22/24: FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray,Ray Said Bankman-Fried’s Victims “Will Never Be Returned to the Same Economic Position They Would Have Been in Today Absent His Colossal Fraud

By Cheyenne Ligon Current FTX CEO John J. Ray III is pushing back against his disgraced predecessor Sam Bankman-Fried’s claims that customers lost “zero” money in the exchange’s 2022 collapse, calling them “categorically, callously, and demonstrably false.” In a victim impact statement penned by Ray on behalf of FTX and its subsidiaries, Ray told New…

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One of the Largest Financial Frauds In U.S. History–FTX

BanksterCrime: By Kevin Stocklin | The trial of Sam Bankman-Fried has thus far strongly supported the prosecution’s charges of securities fraud, analysts say; meanwhile, any questions regarding his massive political donations have been put off for another day. Since its start on Oct. 3, the trial has featured compelling testimony from former colleagues FTX co-founder…

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The Collapse of FTX, in Sam’s Own Words

BanksterCrime: As we prepare to hear from the DOJ and Sam Bankman-Fried, here’s what the former crypto executive had to say about FTX’s collapse last year. By Danny Nelson, Nikhilesh De We may not know for weeks whether Sam Bankman-Fried will take the stand at his own trial. He may want the chance to explain…

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