The crypto king gambled that his trading platform would make him a benevolent trillionaire. But after a fraud conviction, all bets are off.
Category: Virtual Currency
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Sam Bankman-Fried Is Found Guilty of 7 Counts of Fraud and Conspiracy
The case against the founder of the failed FTX exchange had come to symbolize the excesses of the volatile cryptocurrency industry.
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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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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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Sam Bankman-Fried’s Risky Defense Strategy Faces a Big Test
The fallen crypto mogul’s decision to take the stand was long seen as a gamble. That risk will come into focus again on Tuesday as his testimony continues.
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Is Crypto Financing Terrorism?
A report that terror groups raised more than $130 million in crypto during recent years has set off a debate in Washington and finance circles.
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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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Sam Bankman-Fried’s Testimony Is Delayed at Fraud Trial
The founder of the collapsed FTX crypto exchange will testify on Friday, after the judge decided to hold an evidentiary hearing on Thursday.
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Here Are the Biggest Moments of Sam Bankman-Fried’s Trial So Far
From his former girlfriend and colleague to high-ranking FTX executives, Sam Bankman-Fried’s trial has featured many people close to him.