Posts Tagged ‘FTX founder’
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…
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…
Thai Hookers, Chinese Bribes: ‘Star Witness’ Ellison Unveils Chaos Behind FTX’s Fake Balance Sheets
BanksterCrime: by Tyler Durden What would a second day of testimony in the FTX trial for Caroline Ellison have been without mentions of identity theft from Thai prostitutes and bribing Chinese officials? Taking the stand on Wednesday, Sam Bankman-Fried’s former love interest turned star government witness against him, Ellison, spoke about the balance sheet that led…
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…
Sam Bankman-Fried Maybe Hasn’t Escaped Campaign Finance Charges
BanksterCrime: Sam Bankman-Fried (left) exits a courthouse after a hearing on July 26, 2023. (Nikhilesh De/CoinDesk) Sam Bankman-Fried won’t face a campaign finance charge when he goes to trial in October, but that doesn’t mean he’s out of the woods. The FTX founder will face seven charges in October, and another five during a second…