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 SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering.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.

Podcasts

SBF TRIAL PODCAST 10/20: Our Favorite Quotes From Inside The Sam Bankman-Fried Courtroom

Por CoinDesk20 oct 2023

SBF TRIAL Podcast 11/03: Sam Bankman-Fried Guilty on All 7 Counts in FTX Fraud Trial

Vídeos

The SBF Trial Week 3: FTX's Top Lawyer Testifies, The Judge Loses Patience

"CoinDesk Daily" host Jennifer Sanasie breaks down the highlights from FTX founder Sam Bankman-Fried's trial this week, including testimony from former FTX engineering chief, Nishad Singh and former FTX general counsel Can Sun about missing customer funds. Plus, the judge scolds both the defense and the prosecution. The trial is on break until October 26th.

20 oct 2023

Vídeos

Inside the Courtroom of Sam Bankman-Fried’s Trial

FTX founder Sam Bankman-Fried's trial is on pause until next week, when prosecutors say they plan to rest their case on Oct. 26. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De, along with CoinDesk Regulatory Reporter Liz Napolitano, who were in the courtroom, share insights into the latest legal developments and the key takeaways.

20 oct 2023

Regulación

Il processo Sam Bankman-Fried: le nostre citazioni preferite, finora

"T capisco la Criptovaluta", hanno detto altri in aula.

Por Nikhilesh De, Marc Hochstein20 oct 2023

Regulación

Gli avvocati di Sam Bankman-Fried e il Dipartimento di Giustizia propongono le serie definitive di istruzioni per la giuria

Le parti coinvolte nel processo per frode penale prevedono di concludere le deposizioni dei testimoni nelle prossime settimane.

Por Nikhilesh De19 oct 2023

FTX's Sam Bankman-Fried exiting a federal courthouse in New York last year. (Nikhilesh De/CoinDesk)

Podcasts

SBF TRIAL PODCAST 10/19: Listen How Judge Kaplan's Anger Hits All Lawyers in the Sam Bankman-Fried Case

Por CoinDesk19 oct 2023

Regulación

L'ira del giudice Kaplan colpisce tutti gli avvocati nel caso Sam Bankman-Fried

"Questo è uno scherzo", ha detto il giudice agli avvocati dopo una testimonianza BIT .

Por Danny Nelson, Nikhilesh De19 oct 2023

Regulación

FTX ha utilizzato miliardi di fondi dei clienti per riacquistare Binance Stake

Il CEO di Binance, Changpeng Zhao, ha dichiarato in un post del 2022 che la società ha ricevuto oltre 2,1 miliardi di dollari in stablecoin Binance USD (BUSD) e token FTT di FTX.

Por Shaurya Malwa19 oct 2023

Podcasts

SBF TRIAL PODCAST 10/18: Why Sam Bankman-Fried's lead attorney Mark Cohen is Struggling to Piece Together the Defense’s Narrative

Por CoinDesk18 oct 2023

Vídeos

Treasury Department Issues Sanctions on Hamas Operatives; SBF's Meetings With Powerful Politicians

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including testimony during the criminal trial of FTX founder Sam Bankman-Fried that revealed scheduled meetings with various American politicians. A closer look at how the U.S. is working to disrupt Hamas financing after recent attacks on Israel. And, Fidelity files an amendment to its proposed spot bitcoin ETF.

18 oct 2023

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