Ftx Founder Sam Bankman Fried

Sam Bankman-Fried's lawyer urged a judge on Tuesday to impose a lenient sentence for the FTX founder's conviction for stealing $8 billion (roughly Rs. 6,63,30 crore) from customers of the now-bankrupt cryptocurrency exchange, arguing clients would get most of their funds back.

FTX founder Sam Bankman-Fried was convicted on Thursday of orchestrating a multibillion dollar fraud on the cryptocurrency exchange's customers.

FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire's fall from grace.

FTX on Monday sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company to enrich themselves at the expense of FTX's customers. 

FTX founder Sam Bankman-Fried on Tuesday said in a letter to US District Judge Lewis Kaplan in Manhattan, never sought to intimidate witnesses at his scheduled October fraud trial, and there is no reason to jail him.

A US judge on Wednesday tightened Sam Bankman-Fried's bail conditions by restricting his ability to communicate publicly, and said he will consider jailing him before the trial over the collapse of his FTX cryptocurrency exchange.

Lawyers for FTX founder Sam Bankman-Fried rejected prosecutors' claims that his discussions with a New York Times reporter amounted to witness tampering but agreed to accept a gag order, they said in a letter to the judge in the criminal fraud case.

FTX filed a complaint on Tuesday in US Bankruptcy Court in Delaware, accusing one of its former top lawyers, of aiding fraud by company founder Sam Bankman-Fried and silencing whistleblowers who reported wrongdoing at the company. Daniel Friedberg, a former chief compliance officer at FTX and general counsel of its related crypto hedge fund Alameda...

Indicted FTX founder Sam Bankman-Fried has renewed his attacks on the bankrupt cryptocurrency exchange's law firm as he mounts his defense against a raft of fraud, money laundering and campaign finance charges.

Lawyers for Sam Bankman-Fried said they reached an agreement with US prosecutors on Monday on revised bail conditions, after a judge raised the prospect of sending the indicted FTX cryptocurrency exchange founder to jail pending trial.

FTX on Wednesday issued a statement that the cryptocurrency firm made transfers of about $2.2 billion (roughly Rs. 18,200 crore) to company founder Sam Bankman-Fried through Alameda Research and related entities. The new managers of the collapsed crypto exchange stated that more than $3.2 billion (roughly Rs. 26,560 crore) was transferred to the co...

Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company's new management said.

EC, CFTC's civil cases against Sam Bankman-Fried were put on hold by a US judge on Monday until the conclusion of the Department of Justice's criminal case against the founder of the now-bankrupt FTX cryptocurrency exchange. US District Judge Kevin Castel in Manhattan granted a Justice Department motion to stay the lawsuits filed by the Securities ...

FTX Founder Sam Bankman-Fried is still talking, either in person or on the internet, months after he was indicted in December and charged with perpetrating one of the biggest frauds in US history. While Bankman-Fried's trial is set to begin in October, his public statements — if proven false during the trial — could undermine his credibility wi...

FTX informed creditors on Tuesday that $415 million (roughly Rs. 33,90 crore) in cryptocurrency was stolen from the collapsed exchange by hackers. The exchange's founder, Sam Bankman-Fried, faces fraud charges in the US after he was extradited from the Bahamas. FTX recently told a US bankruptcy court it recovered over $5 billion (roughly Rs. 40,850...

Sam Bankman-Fried's lawyer urged a judge on Tuesday to impose a lenient sentence for the FTX founder's conviction for stealing $8 billion (roughly Rs. 6,63,30 crore) from customers of the now-bankrupt cryptocurrency exchange, arguing clients would get most of their funds back.

FTX founder Sam Bankman-Fried was convicted on Thursday of orchestrating a multibillion dollar fraud on the cryptocurrency exchange's customers.

FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire's fall from grace.

FTX on Monday sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company to enrich themselves at the expense of FTX's customers. 

FTX founder Sam Bankman-Fried on Tuesday said in a letter to US District Judge Lewis Kaplan in Manhattan, never sought to intimidate witnesses at his scheduled October fraud trial, and there is no reason to jail him.

A US judge on Wednesday tightened Sam Bankman-Fried's bail conditions by restricting his ability to communicate publicly, and said he will consider jailing him before the trial over the collapse of his FTX cryptocurrency exchange.

Lawyers for FTX founder Sam Bankman-Fried rejected prosecutors' claims that his discussions with a New York Times reporter amounted to witness tampering but agreed to accept a gag order, they said in a letter to the judge in the criminal fraud case.

FTX filed a complaint on Tuesday in US Bankruptcy Court in Delaware, accusing one of its former top lawyers, of aiding fraud by company founder Sam Bankman-Fried and silencing whistleblowers who reported wrongdoing at the company. Daniel Friedberg, a former chief compliance officer at FTX and general counsel of its related crypto hedge fund Alameda...

Indicted FTX founder Sam Bankman-Fried has renewed his attacks on the bankrupt cryptocurrency exchange's law firm as he mounts his defense against a raft of fraud, money laundering and campaign finance charges.

Lawyers for Sam Bankman-Fried said they reached an agreement with US prosecutors on Monday on revised bail conditions, after a judge raised the prospect of sending the indicted FTX cryptocurrency exchange founder to jail pending trial.

FTX on Wednesday issued a statement that the cryptocurrency firm made transfers of about $2.2 billion (roughly Rs. 18,200 crore) to company founder Sam Bankman-Fried through Alameda Research and related entities. The new managers of the collapsed crypto exchange stated that more than $3.2 billion (roughly Rs. 26,560 crore) was transferred to the co...

Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company's new management said.

EC, CFTC's civil cases against Sam Bankman-Fried were put on hold by a US judge on Monday until the conclusion of the Department of Justice's criminal case against the founder of the now-bankrupt FTX cryptocurrency exchange. US District Judge Kevin Castel in Manhattan granted a Justice Department motion to stay the lawsuits filed by the Securities ...

FTX Founder Sam Bankman-Fried is still talking, either in person or on the internet, months after he was indicted in December and charged with perpetrating one of the biggest frauds in US history. While Bankman-Fried's trial is set to begin in October, his public statements — if proven false during the trial — could undermine his credibility wi...

FTX informed creditors on Tuesday that $415 million (roughly Rs. 33,90 crore) in cryptocurrency was stolen from the collapsed exchange by hackers. The exchange's founder, Sam Bankman-Fried, faces fraud charges in the US after he was extradited from the Bahamas. FTX recently told a US bankruptcy court it recovered over $5 billion (roughly Rs. 40,850...