Asked during his cross-examination about his public statements and how he ran his crypto empire, the FTX founder repeatedly said he couldn’t remember.
Category: Virtual Currency
-
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.
-
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.
-
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.
-
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.
-
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.
-
Sam Bankman-Fried Set to Testify at His Fraud Trial
The FTX founder’s plan to take the witness stand sets up a dramatic few days of testimony at the federal courthouse in Manhattan.
-
Crypto Influencers and ‘Degenerates’ Flock to Sam Bankman-Fried’s Trial
The presence of crypto YouTubers, podcasters and commentators at the FTX founder’s fraud trial has created something of a culture clash in the courtroom.
-
Sam Bankman-Fried’s Trial Reveals New Details of How FTX Died
Prosecutors in the criminal fraud case have built the most intricate account to date of the cryptocurrency exchange’s frantic final days.
-
New York Attorney General Sues Crypto Firms in $1 Billion Fraud Case
Letitia James has accused Gemini Trust, Genesis Global Capital and Digital Currency Group of misleading investors in a program promising low risk and high returns.
-
Top FTX Executive Says Sam Bankman-Fried Used Customer Money for ‘Excess’ Spending
Nishad Singh, testifying at Mr. Bankman-Fried’s fraud trial, said FTX customer deposits were used to buy luxury real estate and to pay athletes like Tom Brady and Steph Curry for endorsement deals.
-
Across U.S., Chinese Bitcoin Mines Draw National Security Scrutiny
Microsoft reported one site in Wyoming because of its proximity to a data center and nuclear missile base. Records show other cryptocurrency facilities have ties to the Chinese state.