Sam Bankman-Fried
FTX Plaintiffs Drop Claims Against Bankman-Fried for Fraud Case Cooperation
In the aftermath of FTX’s downfall, investors have reached an unexpected agreement with Sam Bankman-Fried. Plaintiffs in civil lawsuits against the disgraced crypto founder have agreed to drop their claims in exchange for his cooperation in pursuing claims against prominent figures such as Tom Brady, Shaquille O’Neal, and Gisele Bündchen, who endorsed FTX to potential […]
FTX’s Bankruptcy Plan Nears Approval Post Fraud Conviction
FTX Trading Ltd., the crypto exchange which used to be one of the biggest and most popular platforms in the industry, is approaching its bankruptcy case end after its founder and CEO Sam Bankman-Fried was sentenced on planning huge fraud that led to FTX bankruptcy, according to Bloomberg Dec 18th. The bankrupt exchange last year […]
FTX’s Sam Bankman-Fried Found Guilty Of All Seven Fraud Charges
A New York jury found Sam Bankman-Fried, the founder and former CEO of FTX exchange and Alameda Research, guilty of all seven counts of conspiracy, money laundering, and fraud. It was announced Thursday, following a five-week trial that thoroughly investigated the collapse of one of the largest crypto exchanges and its affiliated trading firm, which […]