State Bankman-Fried Financial News
27.10 / 18:19
Digital
Landmark
2020
prevention
SBF Testifies FTX had no Risk Management Team, Denies Defrauding Anyone: “A lot of people got hurt”
Bankman-Fried began his formal testimony in front of the jury shortly before 10 a.m. this morning in his landmark fraud case.
22.02 / 15:55
markets
Action
security
Align
President
Interviews
Will Donald Trump pardon Sam Bankman-Fried, FTX cofounder, who was convicted of fraud and is serving a 25-year prison sentence? He is cozying up to the president and Elon Musk
Sam Bankman-Fried, the cofounder of the collapsed cryptocurrency exchange FTX, is currently serving a 25-year prison sentence following his conviction on multiple fraud charges in November 2023. In recent interviews, Bankman-Fried has expressed dissatisfaction with the Biden administration and has shown support for President Donald Trump and tech entrepreneur Elon Musk. This shift in allegiance has led to speculation about the possibility of a presidential pardon.
30.10 / 22:13
10.04 / 13:37
Blockchain
Provident
Digital
CEO
Compilation
What FTX’s report reveals about firm under SBF’s leadership
Bahamas-based bankrupt crypto exchange FTX and its affiliated debtors recently released their first report. The 45-page report highlighted the control failures of FTX’s previous management, which included founder and former CEO Sam Bankman-Fried.
29.12 / 00:25
business
FTX
Fried
week
Bankman-Fried may enter plea in NY federal court next week before Judge Lewis Kaplan
Former FTX CEO Sam Bankman-Fried is scheduled to appear in court on the afternoon of Jan. 3 to enter a plea on two counts of wire fraud and six counts of conspiracy against him in relation to the collapse of the FTX cryptocurrency exchange, Reuters reported Dec. 28 citing court records. Bankman-Fried will appear before District Judge Lewis Kaplan in Manhattan.
08.12 / 04:27
regulation
FTX
SBF subpoena is 'definitely on the table,' says Rep. Maxine Waters
The United States House Financial Services Committee Chair Maxine Waters said a subpoena is "definitely on the table" for former FTX CEO Sam Bankman-Fried, who has been requested to testify at a Dec. 13 hearing looking into the collapse of FTX.
15.11 / 11:05
FTX
IMPT
Calvaria
D2T
These Coins Have Been Rallying During the FTX Crypto Crash – Here’s Why
Cryptocurrency prices plummeted amid reports of FTX's bankruptcy. During the last week, there was a precipitous drop in cryptocurrency prices after news broke that FTX had filed for bankruptcy. As a result, numerous crypto firms are now unstable, and broad skepticism of the technology has been sown.
10.11 / 19:27
business
Blockchain
FTX
Withdrawals
BREAKING: FTX appears to have resumed withdrawals Blockchain data shows
According to data from Etherscan on Nov. 10, troubled cryptocurrency exchange FTX appears to have resumed withdrawals. The exchange's hot wallet address, which has remained inactive after FTX announced on Nov. 8 it would be halting all user withdrawals, has resumed activities as of 3:50 pm UTC. Blockchain data shows that multiple types of tokens and large sums of transactions have since left the hot wallet, which has a balance of $469 million at the time of publication.
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