Sam Bankman-Fried

Sam Bankman-Fried, once a pivotal figure in the cryptocurrency industry, was convicted in November 2023 of committing fraud and conspiracy for stealing billions of dollars of money belonging to customers of his FTX crypto exchange, funneling the money to Alameda Research, his hedge fund. FTX had been one of the largest cryptocurrency exchanges before its demise, a major player in derivatives trading including perpetual futures. The company's undoing was spurred by a CoinDesk scoop in November 2022 showing Alameda's balance sheet was mysteriously full of the FTT token issued by FTX – calling into question both Alameda and FTX's financial stability. The Bahamas-based company filed for bankruptcy nine days after the story. Before his downfall, SBF (as the former billionaire is commonly known as) had been a leading figure in crypto, pushing for regulation of the industry in the U.S. He was a major political donor and the public face of effective altruism, a movement geared toward maximizing the amount of good done by philanthropy. SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering. His trial began in October 2023, and he was convicted on Nov. 2, 2023, a year to the day after the CoinDesk story that caused his crypto empire to crumble.


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FTX CEO Sam Bankman-Fried Talks Super Bowl, Future Plans, Crypto Regulation

Sam Bankman-Fried, CEO of crypto exchange empire FTX, joins “The Hash” to discuss the process behind his platform’s ad campaign that played during Sunday’s Super Bowl, featuring comedian Larry David. How did it compare with other crypto ads?

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FTX Giving Away Free Bitcoin as Part of Super Bowl Commercial

Sam Bankman-Fried's crypto exchange FTX is launching a bitcoin giveaway tied to its first Super Bowl ad campaign. The amount of bitcoin given away depends on the time FTX’s spot airs during the game. "The Hash" hosts discuss FTX's latest bets in the world of sports marketing.

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Crypto Exchange FTX Reaches $32B Valuation With $400M Fundraise

Sam Bankman-Fried’s FTX raised $400 million in a Series C funding round, valuing the crypto exchange at a total $32 billion valuation. It now has about the same market cap as Germany’s Deutsche Börse and more than the Nasdaq exchange or Twitter. “The Hash” hosts discuss what’s next for FTX.

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What Crypto Startups Is FTX Planning to Invest In With New $2B Venture Fund?

Crypto derivatives exchange FTX has set up FTX Ventures, a $2 billion fund to invest in crypto-industry startups. The full funding came from FTX and its founder, Sam Bankman-Fried. Amy Wu shares insights into FTX Ventures and what investment opportunities she’s continuing to watch.

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Sam Bankman-Fried: Stablecoin Regulation Coming in 2022

The richest person in crypto, CEO of crypto exchange FTX Sam Bankman-Fried, shares his regulatory predictions for 2022 and how his company plans to manage potential digital asset policies in the new year. Plus, Bankman-Fried discusses the possibilities of an IPO and why The Commonwealth of The Bahamas is leading the world in cryptocurrency framework. 

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Crypto CEOS Testifying at Landmark Hearing

Amidst regulatory uncertainty, FTX’s Sam Bankman-Fried, Bitfury’s Brian Brooks, and Circle’s Jeremy Allaire are among the six executives speaking at today’s House Financial Services Committee hearing. CoinDesk’s Nikhilesh De discusses the potential outcomes. Plus, the Senate Banking Committee will reconvene next Tuesday to discuss stablecoins.

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FTX Proposes Changes to US Crypto Regulation

Sam Bankman-Fried’s FTX is the latest crypto firm to publish a policy proposal ahead of Wednesday’s House Financial Services Committee hearing. CoinDesk’s Nikhilesh De discusses what we know and why this is a continuing story to watch.

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FTX CEO Sam Bankman-Fried on $420M Raise, LedgerX Acquisition

Bahamas-based crypto exchange FTX has finalized acquiring regulated futures exchange LedgerX. This follows last week’s meme-friendly raise of over $420 million from 69 investors and a Solana-based NFT marketplace launch earlier this month. FTX founder and CEO Sam Bankman-Fried shares insights into the crypto empire’s latest developments, discussing what lies ahead.

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FTX Raises Over $420M in Series B-1 Funding Round

Following a $900 million mega-round earlier this year, Sam Bankman-Fried’s crypto exchange FTX has raised $420,690,000 in a Series B-1 funding round, valuing the firm at $25 billion. Sixty-nine investors, including BlackRock and Tiger Global, joined the fast-growing crypto conglomerate.

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