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 SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering.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

Videos

Prosecutors Likely to Portray Ex-Alameda CEO Caroline Ellison as a 'Sympathetic Witness': Lawyer

Former Alameda Research CEO Caroline Ellison, the prosecution's star witness, is set to take the stand today in FTX founder Sam Bankman-Fried's criminal trial. Hodder Law Firm founder Sasha Hodder discusses what to expect from Ellison's testimony and her reaction to Bankman-Fried's defense's strategy so far.

Oct 10, 2023

Policy

Punti chiave della prima settimana del processo Sam Bankman-Fried

Ho trascorso la settimana scorsa in un'aula di tribunale a seguire Sam Bankman-Fried. Ecco cosa abbiamo sentito.

By Nikhilesh DeOct 10, 2023

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

Gary Wang, Caroline Ellison: uno sguardo al quinto giorno del processo di Sam Bankman-Fried

Gary Wang completerà la sua testimonianza oggi e Caroline Ellison, una testimone chiave, inizierà a esporre il suo punto di vista.

By Nikhilesh DeOct 10, 2023

Policy

Bankman-Fried cerca di indagare sul coinvolgimento degli avvocati nei prestiti fittizi da 200 milioni di dollari ad Alameda

L'imputato in un processo per frode multimiliardaria insiste affinché la responsabilità venga attribuita alla consulenza legale, nonostante la riluttanza della magistratura a lasciarglielo fare.

By Jack SchicklerOct 10, 2023

Sam Bankman-Fried outside court in July 2023. (Nikhilesh De/CoinDesk)

Policy

Cosa aspettarsi quando Caroline Ellison prende posizione nel processo di Sam Bankman-Fried

L'ex CEO di Alameda "vi racconterà di come lei e l'imputato hanno rubato i soldi che i clienti avevano affidato a FTX", ha detto un pubblico ministero. Il controinterrogatorio della difesa potrebbe diventare personale.

By Sam KesslerOct 9, 2023

Sam Bankman-Fried (left) and Caroline Ellison (CoinDesk archives, @carolinecapital, modified by CoinDesk)

Podcasts

SBF TRIAL 10/09 Podcast: What To Expect From Caroline Ellison’s Testimony Tomorrow

By CoinDeskOct 9, 2023

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

Videos

Anthony Scaramucci Says He's Not Testifying at SBF Trial; Markets React After Hamas Attack on Israel

"CoinDesk Daily" breaks down the biggest crypto headlines today, including how markets are reacting to escalating violence in the Middle East. SkyBridge Capital founder and managing partner Anthony Scaramucci clarifies if he will testify in Sam Bankman-Fried's criminal trial as legal proceedings enter the second week. And, traders react to a wallet apparently belonging to the Ethereum Foundation that sold a portion of its allocated tokens.

Oct 9, 2023

Opinion

Le Cripto rischiano un altro Sam Bankman-Fried se gli Stati Uniti T forniscono una regolamentazione chiara

Sheila Warren, CEO del Cripto Council for Innovation, LOOKS i progressi normativi in tutto il mondo, che scoraggiano i comportamenti scorretti e creano un percorso verso la responsabilità.

By Sheila WarrenOct 9, 2023

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)

Policy

Il Dipartimento di Giustizia si è schierato nel processo Sam Bankman-Fried

Alameda doveva a FTX 11 miliardi di dollari che T aveva.

By Helene Braun, Nikhilesh DeOct 9, 2023

Policy

Il Dipartimento di Giustizia vuole impedire a Sam Bankman-Fried di sollevare la questione dell'intelligenza artificiale antropica in tribunale

FTX detiene una quota di Anthropic che lo scorso anno valeva 500 milioni di dollari.

By Nikhilesh DeOct 9, 2023

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

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