Bankman-Fried won’t be sentenced till March, but he also has a second trial where he faces additional charges, including for foreign bribery.
Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty on all seven counts related to fraud and money laundering. The defenda
Welcome back to Chain Reaction. It’s week five of the Sam Bankman-Fried trial and a lot has happened for the former CEO of FTX.
Assistant U.S. attorney Nicolas Roos stood in front of jurors from 10 a.m. ET until the court broke for lunch around 1 p.m., reiterating the prosecution’s case: Bankman-Fried lied.
Bankman-Fried was seemingly incapable of answering the prosecution's questions clearly, or speaking plainly about his activities when he was CEO of FTX.
Contrary to the picture prosecutors tried to paint, Bankman-Fried insisted that he was not involved in the day-to-day trading operations of Alameda or its “core operations.”
The prosecution brought up a number of Bankman-Fried's statements, videos and interviews, both before and after he stepped down as CEO of FTX.
“I made a number of small mistakes,” Bankman-Fried said Friday. The main one being not having a risk management team at FTX.
The judge sent the jury home. He first wanted to review Sam Bankman-Fried's comments before determining whether that testimony could be shared with jurors.
It’s week four of the Sam Bankman-Fried trial…and he’s taking the stand today at 2 p.m. So keep an eye out for additional coverage.
The trial of Bankman-Fried, the former CEO and co-founder of collapsed crypto exchange FTX, is entering its next chapter as proceedings resume Thursday. As confirmed during a teleconference Wednesday,
Bankman-Fried testifying comes with risk of more evidence mounting against him.
Gary Wang, co-founder and CTO of FTX; Caroline Ellison, CEO of Alameda; and Nishad Singh, FTX head of engineering, all pleaded guilty to charges a month after the crypto exchange and sister company’
Robert Boroujerdi, managing director at Third Point, testified on Thursday at Sam Bankman-Fried’s trial in assistance with the government’s case to try and find the defendant guilty on seven count
Welcome back to Chain Reaction. It’s week three of the Sam Bankman-Fried trial…how are you holding up?
Can Sun, former FTX general counsel, took the stand on Thursday to testify on behalf of the prosecution’s case against Sam Bankman-Fried. Sun has a non-prosecution agreement in exchange for his coop
The Sam Bankman-Fried trial is 11 days in and witnesses continue to take the stand on behalf of the prosecution’s case. The defamed former co-founder of FTX and Alameda is on trial for seven crimina
Caroline Ellison explained how she cooked the books to make Alameda’s finances look a lot cleaner than they actually were.
Welcome back to Chain Reaction. It’s week two of the Sam Bankman-Fried trial and I’m writing this live from outside the Southern District of New York courthouse.
“We were in a bad situation,” Ellison said.