What Happened To The Plan To Sell FTX To Binance? Sam Bankman-Fried Tells All

The former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), took the stand once again on October 27. This time, it was in front of the jury as Bankman-Fried had a lot to say about what went on at his former company, including revelations about how he planned to sell the exchange to […]

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Sam Bankman-Fried's Lawyers Test the Judge's Patience

It could take six weeks for prosecutors to make their case against Sam Bankman-Fried. But only three days were needed for the judge overseeing his trial to lose patience with the former crypto chief’s defense team.

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SBF Trial Day 3 – Former FTX CTO claims SBF granted Alameda Research ‘special privileges’ during witness testimony

The third day of the trial against Sam Bankman-Fried (SBF) unveiled deeper insights into the company’s financial operations and its founder’s personal habits. In the morning session, testimony from Adam Yedidia, a college acquaintance of Bankman-Fried and a former Alameda and FTX staff member, provided a glimpse into the backend operations of FTX.

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Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 3]

The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.

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'We allowed Alameda to withdraw unlimited funds' — Gary Wang at SBF trial

According to FTX's former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison.

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Sam Bankman-Fried, Other FTX Execs Committed Financial Crimes, Co-Founder Wang Testifies

Gary Wang, the former chief technology officer and co-founder of FTX, told a jury that he, Bankman-Fried and fellow former executives Caroline Ellison and Nishad Singh committed multiple forms of fraud.

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College roommate talked to Sam Bankman-Fried about FTX’s $8B hole on a paddle tennis court: Trial

Adam Yedidia, a former developer at FTX, testified regarding his knowledge of the crypto exchange’s use of funds, claiming “Alameda had used customer deposits to pay its loans.”

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Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 2]

The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.

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Opening arguments begin in Sam Bankman-Fried trial

“His girlfriend will tell you how they stole money together,” said Assistant U.S. Attorney Thane Rehn in an opening statement about the former FTX CEO, according to reports.

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SBF Trial: Jury selection concludes despite impartiality challenges, with one potential juror having already ‘reached verdict’

Jury selection for the criminal trial of former FTX CEO Sam Bankman-Fried was completed on the morning of Oct. 4 with opening arguments set for later in the day. New York independent news outlet Inner City Press reported from inside the courtroom that 12 jurors and six alternates had been agreed upon, on the second […] The post SBF Trial: Jury selection concludes despite impartiality challenges, with one potential juror having already ‘reached verdict’ appeared first on CryptoSlate.

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How CZ’s $40M ‘no’ led to the rise and fall of FTX

Binance CEO Changpeng “CZ” Zhao declined to pay former FTX CEO Sam Bankman-Fried $40 million in March 2019 to create a crypto futures exchange, according to Michael Lewis’ book “Going Infinite.”

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Sam Bankman-Fried: Important Highlights From Day 1 As FTX Founder’s Trial Commences

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), began yesterday with the jury selection taking place. In line with this, the court proceedings began with the voir dire process, with certain revelations made on the first day in court. How Day 1 Of SBF’s Trial Went In a […]

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Bankman-Fried trial could end with “new rulebook’ for crypto: Expert

The trial of Sam Bankman-Fried, the founder and former CEO of collapsed cryptocurrency exchange FTX, kicked off on Tuesday in the US. It’s the biggest and highest-profile crypto case, with prosecution coming nearly a year since the FTX implosion that sent shockwaves across crypto and the broader financial markets space.

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Caroline Ellison & SBF Relationship Details Unveiled in Salacious Memos

Memos between former FTX CEO Sam Bankman-Fried and his ex-lover Caroline Ellison have been revealed as his trial begins. Ellison, who has pleaded guilty to related fraud charges, may testify against him.

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Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 1]

The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.

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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 Sam Bankman-Fried’s trial day 1: Recap  

Follow us for updates of Sam Bankman-Fried's historic trial, as the former FTX CEO is set to be tried on seven different charges of wire fraud and money laundering.

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What has Sam Bankman-Fried been up to in jail?

Here’s how the former FTX CEO may have spent his time behind bars since a judge revoked his bail in August.

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Jury selection starts in Bankman-Fried trial: Key points to know so far

With the much-anticipated trial of Sam Bankman-Fried, founder and former CEO of FTX, set to commence today, here are all the key facts you need to know. 

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Bankman-Fried Seeks to Block Prosecutors Calling FTX Investors, Former Insiders as Witnesses

Lawyers are still quibbling over what evidence can be brought to the FTX founder’s fraud trial, hours before jury selection is due to start.

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FTX Collapse: The Complete Guide To Keeping You Up-To-Date On The Sam Bankman-Fried Trial

The trial of the former CEO of the bankrupt exchange FTX Sam Bankman-Fried (SBF) is set to begin on October 3. This event could mark the beginning of the end for the disgraced founder as he faces up to 100 years of imprisonment.

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Sam Bankman-Fried’s Closest Friends Will Testify Against Him. Here’s Who Else We’ll Hear From

Several of Bankman-Fried’s former colleagues and friends will testify against the one-time crypto mogul following plea deals they struck with the U. S. Department of Justice, including his former romantic partner Caroline Ellison and childhood friend Gary Wang, who were both deeply involved in the daily workings of both FTX and its quant-driven trading shop, Alameda Research.

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Sam Bankman-Fried Trial: Legal Experts Debate His Chances Of Freedom

The trial of the former CEO of defunct crypto exchange FTX, Sam Bankman-Fried (SBF), is set to begin on October 4 (Jury selection coming up on October 3). In line with this, legal experts have weighed in on how the case could play out once the trial commences.

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Good News For FTX Creditors on Eve of Bankman Fried's Trial

The value of the FTX bankruptcy estate has surged on the eve of former CEO Sam Bankman-Fried's trial in New York.

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Year after FTX collapse: what to expect from SBF trial

In 2022, FTX crypto exchange filed for bankruptcy, sending shockwaves through the crypto community. Legal actions against its former management have persisted. Nearly a year later, founder Sam Bankman-Fried faces an impending trial.

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FTX’s Sam Bankman-Fried Denied Latest Release Request As Trial Looms

Sam Bankman-Fried (SBF), former CEO of the now-defunct FTX exchange, will attend his trial from behind bars after the latest court decision on Thursday.  Why Sam-Bankman Fried Will Remain In Jail Until Trial According to various reports, on September 28, US District Judge Lewis Kaplan denied a request from SBF’s lawyers asking for the FTX […]

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Court denies Sam Bankman-Fried’s motion for pre-trial release yet again

In a familiar refrain, Sam Bankman-Fried has been denied release on bail ahead of his criminal trial scheduled to begin next week. Judge Lewis Kaplan explained that the former CEO may face a “very long sentence” if convicted at his fraud trial set to commence next week.

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Judge denies final pretrial request from Sam Bankman-Fried for temporary release

The federal judge overseeing Sam Bankman-Fried’s fraud case reportedly suggested the former FTX CEO might be a flight risk, given his young age and potential prison time.

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2 Small Wins For Sam Bankman-Fried

After multiple consecutive setbacks for the former FTX CEO and his defense team, Judge Lewis Kaplan seemed to have been in a slightly more generous mood yesterday.

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Sam Bankman-Fried Can Grill Former FTX Insiders on Drug Use in Court

While Bankman-Fried's lawyers tried again to get him out of jail just days ahead of his trial, the judge overseeing the case inched closer to resolving some outstanding issues.

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Court rules on admissibility of evidence in Sam Bankman-Fried’s upcoming criminal trial

In a Sept. 26 filing, Judge Lewis Kaplan, presiding over the criminal case against Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, issued rulings on the admissibility of certain types of evidence in his forthcoming criminal trial.

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Overcrowded, No Heat, Little Light: Inside SBF's Prison Digs

Former FTX CEO Sam Bankman-Fried has traded his palatial Bahamas bunker for a bunk bed as he transitions from luxe to lockup.

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Former SEC attorney John Reed Stark urges DOJ to ‘wake up’ and prosecute crypto-grifters

Stark, who worked as an attorney in the SEC Division of Enforcement, chimed in on the upcoming Sam Bankman-Fried trial, wondering why the former FTX CEO's parents were not listed as defendants.

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FTX’s former external legal team disputes involvement in fraud allegations

In a recent court filing, a United States law firm that had previously offered services to FTX challenged allegations of assisting Sam Bankman-Fried in his alleged unlawful activities.

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Appeals court denies Sam Bankman-Fried’s second attempt at bail

Three judges in an appeals court have denied former FTX CEO Sam Bankman-Fried’s bail request, according to a court filing on Sept. 21. Those judges, all on the 2nd U. S. Circuit Court of Appeals in Manhattan, found no error in an earlier decision by U.

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Court rejects testimony from seven expert witnesses put forward by Sam Bankman-Fried

Seven expert witnesses expected to testify on behalf of former FTX CEO Sam Bankman-Fried have been rejected, according to a ruling dated Sept. 21. Bankman-Fried’s list of now-excluded witnesses featured experts in multiple areas, including consultant Thomas Bishop, data analyst Brian Kim, law professor Bradley Smith, British barrister Lawrence Akka, consultant Joseph Pimbley, financial consultant […] The post Court rejects testimony from seven expert witnesses put forward by Sam Bankman-Fried appeared first on CryptoSlate.

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Mystery Solved: Sam Bankman-Fried’s Alameda Caused Bitcoin’s Flash Crash To $8,200 In 2021

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Sam Bankman-Fried key witnesses blocked from testifying in upcoming trial

Several key witnesses, including a British barrister and a University of Michigan professor, have been barred from testifying in the upcoming trial of former FTX CEO Sam Bankman-Fried, as ordered by District Judge Lewis Kaplan. The trial, which is scheduled…

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Judges deny Sam Bankman-Fried’s appeal for early release

The former FTX CEO will remain in jail following three judges with the 2nd U.S. Circuit Court of Appeals calling the arguments behind a motion for release “unpersuasive.”

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Sam Bankman-Fried Trial: US DOJ Has Special Request For Judge

With two weeks to go until the trial of Sam Bankman-Fried, founder and former CEO of the FTX crypto exchange, the United States Department of Justice has made a request of the judge handling the case.

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FTX Sues Sam Bankman Fried’s Parents To Recover Millions In ‘Misappropriated’ Funds

Bankrupt crypto exchange FTX has lodged legal action against founder and former CEO Sam Bankman-Fried's parents, Joseph Bankman and Barbara Fried, alleging that they misappropriated millions of dollars of customer funds through their involvement in the exchange’s business.

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FTX sues Bankman-Fried’s parents, targets $26M in gifts and property

FTX has sued the parents of Sam Bankman-Fried. The bankruptcy estate of the collapsed crypto exchange says founder and former CEO Sam Bankman-Fried fraudulently gifted millions of dollars to his parents.

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Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved

The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus.

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SBF to appeal for jail release ahead of Oct. 3 trial

Former FTX CEO Sam Bankman-Fried, is scheduled to ask a 2nd U.S. Circuit Court of Appeals to order his release from a New York prison weeks before the start of a trial where he faces seven criminal charges. Bankman-Fried and…

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Sam Bankman-Fried Trial: Prosecutors Slam Proposed Questions For Jury Selection

Prosecutors in the case against the former CEO of the now-defunct FTX exchange, Sam Bankman-Fried (SBF), have pushed back against the defense’s suggested questions for jury selection. The co-founder faces seven counts of fraud-related offenses, including wire fraud of FTX customers.

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Sam Bankman-Fried blames friends, colleagues, and lawyers in unreleased document cache

In a series of unpublished documents recently uncovered by The New York Times, Former FTX CEO Sam Bankman-Fried extensively criticized colleagues and associates, expressing his views on the demise of FTX.

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Sam Bankman-Fried says, ‘I did what I thought was right,' in leaked docs: Report

Documents provided by crypto influencer Tiffany Fong reportedly revealed details about the former FTX CEO’s life under house arrest and his relationship with Caroline Ellison.

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Sam Bankman-Fried Trial: Charges, Important Dates, And Everything Else

The former CEO of defunct crypto exchange FTX Sam Bankman-Fried’s (SBF) trial is set to begin in October, barring any postponement. Ahead of the trial, here are some key details to note as SBF faces up to 100 years imprisonment if found guilty by the jury.

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FTX’s Sam Bankman-Fried Receives Shocking Response To Pretrial Release Request

With his trial scheduled for less than a month from now, Sam Bankman-Fried (SBF), founder and former CEO of the failed FTX crypto exchange, is scrambling to get as much out of the judge as possible. This time around, SBF is looking toward getting released ahead of his trial, but it seems the court is […]

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