The case against the founder of the failed FTX exchange had come to symbolize the excesses of the volatile cryptocurrency industry.
Category: Decisions and Verdicts
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Jury Begins Deliberations for a Verdict in Sam Bankman-Fried’s Trial
The trial for the founder of the collapsed FTX cryptocurrency exchange has moved more speedily than anticipated.
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Pennsylvania Woman Is Awarded $7.1 Million in Damages From Conagra
The parent company of Pam and other well known brands was sued after a can of cooking spray exploded, causing second degree burns on a woman’s upper body, including her face and arms.
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Sam Bankman-Fried Built FTX Into a ‘Pyramid of Deceit,’ Prosecutor Says
The criminal fraud trial for the founder of the FTX crypto exchange has reached closing statements. Jurors will then begin deliberating.
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Tesla Wins Suit That Blamed Its Software for Deadly Crash
The decision by a California jury is the first involving a fatal accident that lawyers representing the victims said was the fault of Tesla’s self-driving technology.
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Sam Bankman-Fried Testifies That He Made ‘Larger Mistakes’ at FTX
Speaking in his own defense at his criminal trial, the FTX founder denied he had committed fraud but acknowledged missteps that hurt the cryptocurrency exchange’s customers.
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The Challenges Facing Sam Bankman-Fried’s Lawyers
They are set to start their defense on Thursday, with the FTX founder planning to testify in his criminal fraud trial. Hurdles include what Mr. Bankman-Fried’s former associates said on the stand.
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Fugees’ Pras Says Lawyer Used A.I. for ‘Ineffectual’ Defense
Prakazrel Michel was convicted in April in an illegal foreign influence scheme. In a motion for a new trial, he said his lawyer’s closing argument was “frivolous.”
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‘Don’t Do That Again’: Sam Bankman-Fried’s Lawyers Under Fire From Judge
In the first week of Mr. Bankman-Fried’s fraud trial, Judge Lewis A. Kaplan repeatedly admonished the former crypto mogul’s lawyers, in an ominous sign for the defense.