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Sam Bankman-Fried Again Blames Underlings for Woes as FTX Founder Wraps Up Testimony

"So, it's your testimony that your supervisees told you to stop asking questions?" asked a prosecutor. "Did you call in your lieutenants and ask 'who spent $8 billion?'"

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

Політика

Sam Bankman-Fried's Defense Team Makes Last-Ditch Bid to Get 'English Law' Detail in Jury Instructions

The term may have implications for the fraud charges Bankman-Fried faces.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Фінанси

On Bitcoin White Paper's 15th Anniversary, Wall Street Threatens to Swallow Its One-Time Challenger

The titans of finance are increasingly driving a space that, to many, was designed to put them out of business.

When Satoshi Nakamoto introduced Bitcoin in 2008, TradFi was in turmoil (Cate Gillon/Getty Images)

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Sam Bankman-Fried's Post-Collapse Media Blitz Has Clearly Backfired

The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company's collapse against him.

NEW YORK, NEW YORK - NOVEMBER 30: Andrew Ross Sorkin and Sam Bankman-Fried on stage at the 2022 New York Times DealBook on November 30, 2022 in New York City. (Photo by Thos Robinson/Getty Images for The New York Times)

Політика

Sam Bankman-Fried Grilled by Prosecutor, Who Points Out Contradictions in His Testimony

Assistant U.S. Attorney Danielle Sassoon repeatedly cornered the FTX founder on his public statements about his involvement with his affiliated trading firm Alameda and the safety of exchange customer assets.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

Фінанси

Sam Bankman-Fried Rebuffed Barry Silbert's and Celsius' Requests for Help, Ex-FTX CEO Testifies at His Trial

The crypto mogul served as a white knight for other struggling companies, though, before his empire fell, too.

Barry Silbert. CEO & Founder Digital Currency Group (DCG)

Політика

Sam Bankman-Fried Throws Caroline Ellison Under Bus in Testimony

The former FTX mogul said he asked Alameda Research, the trading firm that played a central role in the exchange’s demise and was run by his former girlfriend, to hedge risks.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

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Media Reported Hamas Got Millions Via Crypto, but the Data Provider They Cited Says It Was Misconstrued

The funding revelation caused an uproar in Washington. But there's no evidence for anything beyond "tiny" amounts of digital assets landing in terrorists' hands, the data firm Elliptic now says.

U.S. Sen. Elizabeth Warren (D-Mass.) is involved in a controversy over the use of Elliptic crypto data to explain how much terrorists have relied on crypto. (Drew Angerer/Getty Images)

Політика

Sam Bankman-Fried's Jurors Were Sent Home for the Day, but His Debut on the Stand Was Significant Anyway

Even though jurors weren't there to hear the former crypto mogul, the ex-FTX CEO's first appearance on the witness stand was still remarkable.

Despite claims by right-wing political figures, Sam Bankman-Fried was definitely not a free man when he (right) exited a Manhattan courtroom on July 26, 2023. (Nikhilesh De/CoinDesk)

Політика

Sam Bankman-Fried May Testify to Role of Lawyers, 'Good Faith' Efforts, Filing Says

Wednesday filings by Bankman-Fried's defense team and the DOJ hint at his possible defense arguments.

Sam Bankman-Fried leaving court on Feb. 16, 2023 (Liz Napolitano/CoinDesk)