RFK Jr. voices corruption in US decision to drop charges against SBF

U. S. Presidential contender Robert F. Kennedy Jr. has voiced his shock and concern over the U. S. government’s decision to withdraw six charges against Sam Bankman-Fried, the embattled founder of crypto exchange FTX.

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SBF will likely serve 25 years rather than max sentence, former DOJ prosecutor says

Former FTX CEO Sam Bankman-Fried may not receive a maximum sentence, CNBC said on Nov. 4, citing statements from former government prosecutors. Renato Mariotti, once a prosecutor within the U. S.

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Sam Bankman-Fried found guilty on all 7 charges

After less than five hours of deliberation, the jury found Sam Bankman-Fried (SBF) guilty of all seven charges levied against him by the U.S. government. SBF faces more than 100 years in prison for his role in defrauding FTX customers out of roughly $8 billion worth of their funds, primarily by giving Alameda Research special […] The post Sam Bankman-Fried found guilty on all 7 charges appeared first on CryptoSlate.

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SBF trial day 17: FTX founder pitched as a criminal and a victim in closing arguments

Attorneys for the government and defense delivered their closing arguments in United States v Sam Bankman-Fried, the trial over FTX’s multi-billion dollar collapse where prosecutors allege that the founder built his crypto empire atop a “pyramid of lies”.

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‘That’s fraud,’ prosecutors say in closing arguments at Sam Bankman-Fried trial

The U.S. government delivered its closing arguments in New York in an effort to convince the jury that SBF is guilty of fraud and conspiracy to commit fraud.

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Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge

The testimony will challenge the government‘s claims, especially the counsel’s role in auto-deletion, north dimension creation, payment agent agreement, Alameda loans and FTX terms of service.

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FTX’s Sam Bankman-Fried plans to present financial expert witness in defense

Embattled FTX founder Sam Bankman-Fried (SBF) plans to call a single financial expert witness for his defense in the ongoing criminal trial. In an Oct. 23 letter, SBF lawyers proposed inviting Joseph Pimbley, a financial expert with over 30 years of experience in derivatives and securities trading, to counter testimonies provided by the government witnesses, […] The post FTX’s Sam Bankman-Fried plans to present financial expert witness in defense appeared first on CryptoSlate.

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SBF trial day 11: financial forensic report exposes FTX $9.3b money trail

Following evidence of political affiliations unearthed by an FBI agent, a government witness in Sam Bankman-Fried’s criminal trial provided financial analysis pointing to conspiracy and fraud based on FTX and Alameda’s bank records.

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Star Witness Caroline Ellison Says Sam Bankman-Fried Directed Her to Commit Fraud

Caroline Ellison, the former CEO of crypto hedge fund Alameda Research, is the government's star witness in its prosecution of alleged crypto fraudster Sam Bankman-Fried.

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Key Points From the Sam Bankman-Fried Trial's First Week

It’s been less than a week since the federal government’s trial against FTX’s Sam Bankman-Fried began, but we’ve already heard from an FTX co-founder, a former developer, a customer and an investor.

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Prosecutors say plea deal was never considered for Sam Bankman-Fried

On the opening day of  Sam Bankman-Fried‘s criminal trial in New York,  U. S. government prosecutors told the court that that no plea deals had ever been under consideration for the accused former CEO.

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FTX founder’s plea for temporary release should be denied, prosecution says

Sam Bankman-Fried’s renewed request for temporary release from jail before his upcoming trial should be denied, according to the U.S. government.

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The Government Shutting Down Isn't Great for Crypto

An impending government shutdown is probably Not Good News for crypto's D.C. hopes. On a trial-related note, you received preview copies of The SBF Trial, a newsletter we launched last week to keep readers up to speed on Sam Bankman-Fried’s time in court. The trial kicks off next Tuesday.

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Judge grants DOJ motions barring testimony of Sam Bankman-Fried’s witnesses

Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government.

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Prosecutors Disapprove of SBF’s ‘Time-Consuming’ Jury Selection Questions

The US government has accused Sam Bankman-Fried (SBF) of proposing unnecessary and time-consuming questions for jury selection, calling them repetitive, prejudicial, and argumentative in a recent court filing.

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US government challenges validity of SBF’s legal defense

The US Department of Justice (DOJ) has expressed reservations over the validity of FTX founder Sam Bankman-Fried's legal strategy.

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Prosecutors rebuff complaints from Bankman-Fried’s lawyers regarding excessive evidence

U. S. prosecutors responded to complaints from accused former FTX CEO Sam Bankman-Fried and his legal team in a filing on Aug. 29. Bankman-Fried and his team previously objected to the government’s decision to provide large amounts of discovery materials in the weeks leading up to trial.

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Sam Bankman-Fried lawyers decry procedural breach as evidence pages pile to 7.7 million

Sam Bankman-Fried’s lawyers have objected to an additional 3. 7 million pages of discovery documents the U. S. government sent them in an Aug. 28 letter to Judge Lewis Kaplan. Per the letter, the prosecution initially dumped 4 million pages of documents on SBF on Aug.

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Judge to hear Sam Bankman-Fried’s defense against 4M pages of new evidence

Judge Lewis Kaplan ordered the government to respond to Bankman-Fried’s counsel concerning appropriate access to discovery materials, as well as a request barring prosecutors from using new evidence.

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U.S. government hits Bankman-Fried and attorneys with 4 million pages of discovery documents

U. S. prosecutors have just unloaded a massive amount of discovery documents, according to lawyers for former FTX CEO Sam-Bankman Fried on Aug. 25. In the relevant court filing, lawyers broadly objected to the government’s intention of opening access to discovery materials — that is, evidence and legal information — while Bankman-Fried is held at the […] The post U.

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Sam Bankman-Fried can meet with lawyers outside of jail with 48 hours’ notice, says judge

Judge Lewis Kaplan said the order was in line with the U.S. government’s Aug. 18 proposal for the former FTX CEO to access discovery materials.

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Sam Bankman-Fried prosecutors submit proposed jury instructions for trial

Ahead of FTX co-founder Sam Bankman-Fried’s October trial, government prosecutors have laid out their requests for how the jury should be directed.

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Bankman-Fried requests release to work on defense

Sam Bankman-Fried, the co-founder of FTX, is seeking space outside detention weekly to prepare for his upcoming trial. His attorneys rejected a two-day-a-week release proposal offered by the U. S. government.

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Trove of evidence against Sam Bankman-Fried includes Caroline Ellison-authored document, ‘Things Sam is Freaking Out About’

U. S. government prosecutors have moved to admit and exclude specific evidence in the case of former FTX CEO Sam-Bankman Fried in an Aug. 14 filing. Caroline Ellison’s statements could become evidence In the relevant filing, prosecutors asserted that communications from Bankman-Fried’s associates should not be excluded as hearsay.

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Prosecutors withdraw campaign finance charges against Sam Bankman-Fried

U.S. prosecutors have withdrawn political campaign financing charges against former FTX CEO Sam Bankman-Fried, according to a July 27 court filing. The decision to drop the charges stems from the terms of the United States extradition treaty with the Bahamas, which stipulate that the government would not prosecute Bankman-Fried on charges for which the Bahamanian […] The post Prosecutors withdraw campaign finance charges against Sam Bankman-Fried appeared first on CryptoSlate.

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Is Sam Bankman-Fried the Victim of a Double Standard?

Examining the government's treatment of fallen crypto entrepreneur Sam Bankman-Fried, and comparing his case with that of Elizabeth Holmes. The post Is Sam Bankman-Fried the Victim of a Double Standard? appeared first on BeInCrypto.

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Sam Bankman-Fried’s Campaign Fraud Charges Dropped

New developments in the case against Sam Bankman-Fried, co-founder of FTX, took a turn as the U.S. government decided to drop one of the thirteen counts against him. The charge,...

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Sam Bankman-Fried’s Lawyers Lash Out at Prosecutors and Current FTX CEO

An explosive court filing alleges the government has been too cozy with the media in the Bankman-Fried case. The post Sam Bankman-Fried’s Lawyers Lash Out at Prosecutors and Current FTX CEO appeared first on BeInCrypto.

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US DoJ accuses FTX founder of leaking private diary of Caroline Ellison

Sam Bankman-Fried attempted to publicly discredit government witness Caroline Ellison, who was once his business ally and a romantic partner, the DoJ argued.

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Sam Bankman-Fried Can't Subpoena Law Firm Fenwick & West for Documents, U.S. Judge Rules

The founder of collapsed crypto enterprise FTX had argued legal advice from the Silicon Valley law firm was "at the core" of the government's criminal allegations against him.

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U.S. Justice Department Agrees to Try Sam Bankman-Fried on Original Charges Only for Now

Prosecutors with the U.S. Department of Justice wrote late Wednesday night that they would agree to try FTX founder and former CEO Sam Bankman-Fried on only the original eight charges filed in January after a court in the Bahamas blocked the local government from agreeing to additional charges.

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FTX’s Bankman-Fried challenges law firm’s role in prosecution

FTX founder Sam Bankman-Fried seeks to involve FTX’s current leadership and its legal representatives at Sullivan & Cromwell in the criminal case against him, claiming their extensive cooperation with the government.

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The Plot Thickens As Sam Bankman-Fried Is Accused Of Bribing Chinese Government Officials

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Sam Bankman-Fried Faces New Charge For Bribing Chinese Officials With $40 Million

FTX co-founder and former CEO, Sam Bankman-Fried, is facing yet another criminal charge, this time for allegedly bribing Chinese government officials with $40 million worth of cryptocurrency.  According to federal prosecutors, this marks the 13th charge against Sam Bankman-Fried in a case that continues to draw attention from the cryptocurrency and financial industries. On Tuesday, […]

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SBF charged with bribing CCP official to unfreeze Alameda assets

Sam Bankman-Fried (SBF), the former FTX co-founder, allegedly paid $40 million in bribes to at least one Chinese government official.

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Bankman-Fried Accused of Bribing Chinese Government Officials

U.S. prosecutors believe that Sam Bankman-Fried resorted to bribery in order to unfreeze over $1 billion worth of Alameda Researchs crypto funds from Chinese exchanges in 2021. $40 Million Bribe...

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SBF charged with bribing Chinese government officials with $40M

Sam Bankman-Fried (SBF), the former CEO of FTX, has been charged with bribery in the United States The latest court filing reviewed by CryptoSlate shows United States prosecutors charged SBF with violating anti-bribery laws.

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US prosecutors seek postponement of fraud charges by CFTC, SEC against SBF

United States prosecutors have asked that the fraud cases against FTX founder Sam Bankman-Fried not proceed until the conclusion of the government’s criminal case against him, according to court documents.

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Another Sam Bankman-Fried-owned firm files for bankruptcy 

Emergent Fidelity has filed for Chapter 11 bankruptcy following the seizure of its over half a billion dollars worth of Robinhood shares by the US government. The company is co-owned by the disgraced former FTX CEO Sam Bankman-Fried (90%) and…

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Bankman-Fried Family Subpoenas Opposed by US Government in FTX Filing

Planned demands for information on the crypto exchange’s dealings would duplicate the work of the independent examiner who has yet to be appointed, the US Trustee said

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SBF Replies U.S. Prosecutors, Requests Access to FTX Funds

Disgraced FTX founder Sam Bankman-Fried (SBF) said the recent government allegations painted him in the "worst possible light." The post SBF Replies U.S. Prosecutors, Requests Access to FTX Funds appeared first on BeInCrypto.

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FTX Founder SBF Could Forfeit Around $700M to U.S. Govt.

FTX's disgraced founder Sam Bankman-Fried (SBF) could forfeit as much as $700 million worth of assets to the United States government. The post FTX Founder SBF Could Forfeit Around $700M to U.S. Govt. appeared first on BeInCrypto.

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U.S. Government seizes SBF’s Robinhood shares

The United States Government officially seized FTX founder Sam Bankman-Fried‘s (SBF) Robinhood shares, which equates to $455 million, as reported by WatcherGuru. The post U.S. Government seizes SBF’s Robinhood shares appeared first on CryptoSlate.

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US Prosecutors Launches Website For SBF Victims, Asks Them to Send Email

The US government has urged Sam Bankman-Fried's (SBF) victims to get in touch with the prosecutors in other to verify their claims. The post US Prosecutors Launches Website For SBF Victims, Asks Them to Send Email appeared first on BeInCrypto.

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Stark on FTX: If we think this is something we can sell, we’re all in

SEC stopped ICOs, lending programs, agreements for future tokens Dinner meetings between Bankman-Fried and government officials were “bad judgment” John Stark, a former chief of the SEC office of internet enforcement and president of John Reed Stark Consulting, joined CNBC’s ‘Squawk Box’ to discuss the collapse of crypto exchange FTX.

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Alameda’s Caroline Ellison and FTX’s Gary Wang hit with additional fraud charges

Arrested crypto billionaire Sam Bankman-Fried’s former entourage faces additional charges by key U.S. government agencies.

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Sam Bankman-Fried will be extradited to the U.S. Wednesday night

The Bahamas government has announced that former FTX CEO Sam Bankman-Fried will travel to the United States tonight, December 21. The post Sam Bankman-Fried will be extradited to the U.S. Wednesday night appeared first on CryptoSlate.

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First Mover Asia: Busan as Blockchain Hub? The Korean City Is Traveling the Wrong Path; No Bail for Bankman-Fried

Busan wants to integrate blockchain technology into all facets of government service, and create the first city-run crypto exchange.

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Former FTX CEO Sam Bankman-Fried arrested in the Bahamas

Sam Bankman-Fried, the founder and former CEO of collapsed cryptocurrency exchange FTX has been arrested in the Bahamas. The arrest followed a request from the US government, Reuters reported late Monday.

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