Sam Bankman-Fried News

04.10 / 07:36

FTX Anthropic 500 FTX's $500 Million Investment in OpenAI Rival Offers Hope for Creditors as Anthropic Eyes $2 Billion Funding from Google

FTX's $500 million investment in Anthropic in 2022 could potentially become a game-changer for creditors after OpenAI rival revealed its intention to raise another $2 billion from Google and other firms.

04.10 / 06:07

regulation Court Trial Sam 5 highlights of Sam Bankman-Fried’s first day of trial

The high-profile trial of former FTX CEO Sam “SBF” Bankman-Fried kicked off on Oct. 3 with plenty of activity both inside and outside of the cramped Manhattan courtroom.

03.10 / 22:07

regulation Fraud FTX Trial FTX Token Sam Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 1]

Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam Bankman-Fried. As the saga unfolds, check below for the latest updates.

03.10 / 21:11

regulation crimes FTX Court Sam FTX execs who pleaded guilty among names of potential witnesses in Sam Bankman-Fried’s criminal case

Many former executives with cryptocurrency exchange FTX or its sister companies are on the list to testify in the United States Justice Department’s criminal case against Sam Bankman-Fried, or SBF.

03.10 / 19:57

regulation Fraud FTX Insurance Trial Sam Costs Sam Bankman-Fried sues insurance company for defense costs as trial opens

As the final preparations for the trial of Sam Bankman-Fried were underway in Manhattan, attorneys for the embattled former FTX CEO were filing a suit against the Continental Casualty insurance company in the United States District Court of Northern California. That company has allegedly provided Paper Bird and its subsidiary FTX Trading directors and officers (D&O) insurance. The suit was filed by Bankman-Fried as an individual.

03.10 / 18:13

Hack FTX 500 Suspicious Activity: FTX Hacker Moves 22,500 ETH Worth $37 Million – What's Going On?

In a series of concerning transactions, the hacker or group of hackers believed to be behind last year’s infamous FTX hack has moved millions of dollars’ worth of stolen crypto.

03.10 / 18:13

Booking TikTok FTX performer reports Sam Sam Bankman-Fried's Deal with Tom Brady: $55 Million for 20 Hours of Work

Sam Bankman-Fried had agreed to pay sports icon Tom Brady $55 million for just 20 hours of his time annually over a span of three years.

03.10 / 18:04

Sam Sam Bankman-Fried in the Dock: A Deep Dive into FTX's Bankruptcy and Alleged Crypto Fraud

Sam Bankman-Fried, the former CEO of FTX, is set to face trial in federal court in Manhattan, starting with jury selection today. The 31-year-old is accused of being the architect behind one of the largest financial crimes in U.S. history, following the bankruptcy of his crypto platform FTX.

03.10 / 17:45

FTX Sam Sam Bankman-Fried trial: What charges does he face over FTX’s collapse?

Sam Bankman-Fried is set to go on trial on Tuesday on fraud and conspiracy charges related to the collapse of FTX, the now-bankrupt cryptocurrency exchange he founded and led.

03.10 / 16:37

Law regulation FTX Court Sam As trial begins, Sam Bankman-Fried's lawyers push to exclude testimony from FTX users

The criminal trial of former FTX CEO Sam Bankman-Fried (SBF) is currently underway in New York, and his legal team has filed motions aiming to ban testimony from users and investors in the exchange.

03.10 / 13:59

Aware FTX CBS President Department Biographer Michael Lewis Exposes Management Failings and Missing Billions at FTX

Biographer Michael Lewis has exposed management failures and the alarming disappearance of billions of dollars within the financial empire of crypto tycoon Sam Bankman-Fried.

03.10 / 09:21

Legal FTX Sam Sam Bankman Fried's Defense Team Seeks Clarity on Bankruptcy and Philanthropy in Trial

The defense team representing Sam Bankman-Fried is seeking clarity from the U.S. judge presiding over the case regarding specific arguments they can present during the trial.

03.10 / 03:49

Cooper CEO Platform Strategy Southern BitConnect Experts Sam Legal Experts Weigh In: Sam Bankman-Fried's Limited Defense Options Revealed

With former FTX boss Sam Bankman Fried's (SBF)’s first day in court fast approaching, experts say his paths to acquittal are looking quite scant.

02.10 / 19:57

Provident CEO Action FTX reports Department Sam Customers DOJ Plans to Call Former FTX Customers and Investors as Witnesses in Sam Bankman-Fried's Trial

The US Department of Justice (DOJ) is preparing to call former FTX customers, investors, and employees as witnesses in the upcoming trial against disgraced CEO Sam Bankman-Fried.

02.10 / 19:51

regulation crimes FTX Court Sam Book describes Sam Bankman-Fried with little attention span or respect for appointments

Michael Lewis, author of The Big Short, has painted an interesting picture of Sam Bankman-Fried (SBF) in his soon-to-be released book on the former FTX CEO.

02.10 / 18:39

Legal FTX Sam Unpublished Tweets by Sam Bankman-Fried Offer Insights into His Mental Health

A series of unpublished tweets belonging to FTX founder Sam Bankman-Fried have revealed insights into his mental health and prescribed medication.

02.10 / 05:53

business Law regulation FTX Court Bankruptcy Effective altruism fueled SBF’s ‘ridiculous’ actions at FTX: Ex-Alameda engineer

Effective altruism was used to justify “increasingly risky and ridiculous” actions at crypto exchange FTX prior to its ultimate collapse in November 2022, says a former software engineer at Alameda Research.

02.10 / 05:53

regulation FTX Trial NOT FTX founder mulled giving Trump $5B not to run for president, says author

Former FTX CEO Sam Bankman-Fried once looked into paying Donald Trump not to run for United States president, according to Michael Lewis, the author of a new book documenting the rise and fall of SBF.

01.10 / 07:35

Law regulation Fraud FTX DOJ readies witnesses in Bankman-Fried trial, spotlight on FTX assets

The Department of Justice (DOJ) has affirmed its plan to summon former FTX clients, investors, and staff as witnesses in the upcoming trial involving Sam Bankman-Fried, the former FTX executive. This will shed light on how these individuals viewed their interactions with Bankman-Fried and his company.

01.10 / 03:29

Law regulation FTX Court SEC initiates legal action against FTX's auditor

The United States Securities and Exchange Commission (SEC) has commenced legal proceedings against an accounting firm that had provided services to cryptocurrency exchange FTX prior to its bankruptcy declaration.

30.09 / 08:11

Law regulation Fraud FTX Court Sam Sam Bankman-Fried’s lawyer challenges US gov’t proposed jury questions

The lawyer representing Sam Bankman-Fried, the former CEO of the now-defunct crypto exchange FTX, has claimed that the proposed jury questions for the upcoming fraud trial will elicit biased responses.

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