SBF Trial

Prosecutors will likely proceed with SBF’s second trial in March

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 found guilty on all seven counts

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

SBF’s trial is coming to a close — here’s what you missed

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.

SBF’s prosecutors emphasize the case is not about crypto: ‘It’s about lies. It’s about stealing, greed.’

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.

SBF said nothing and everything in his testimony, all at the same time

Bankman-Fried was seemingly incapable of answering the prosecution's questions clearly, or speaking plainly about his activities when he was CEO of FTX.

SBF’s defense puts forth a 35-minute last-ditch effort to show his goodwill

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.”

Prosecution tries to paint Sam Bankman-Fried as a liar

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.

Sam Bankman-Fried says he didn’t defraud FTX customers or take their funds

“I made a number of small mistakes,” Bankman-Fried said Friday. The main one being not having a risk management team at FTX.

Sam Bankman-Fried takes the stand, but without jurors

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.

SBF testifying, bitcoin rises amid spot ETF speculation and Walmart’s web3 accelerator surfaces

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. 

SBF trial: Everything to know from the FTX courtroom ahead of his testimony

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,

As SBF plans to testify, former SDNY federal prosecutor sees it as a ‘Hail Mary’

Bankman-Fried testifying comes with risk of more evidence mounting against him.

Ex-SDNY prosecutor says Caroline Ellison, Gary Wang and Nishad Singh probably won’t get jail time

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’

Third Point managing director doubles down on SBF investor fraud in trial testimony

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

SBF trial brings in FTX exec and experts, NY AG sues three crypto firms for fraud, Reddit kills blockchain program and FTC sues bankrupt Voyager

Welcome back to Chain Reaction. It’s week three of the Sam Bankman-Fried trial…how are you holding up?

SBF asked FTX general counsel to create ‘legal justification’ for using billions in customer funds amid collapse

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

FTX misused customer funds, accounting expert who assisted in Enron prosecution testifies

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

Week 2 of the Sam Bankman-Fried trial wraps up

Caroline Ellison explained how she cooked the books to make Alameda’s finances look a lot cleaner than they actually were.

FTX trial stirs up more chaos as ex Alameda CEO Caroline Ellison testifies on faulty balance sheets, bribes and more

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.

Former Alameda CEO Caroline Ellison explains how FTX hid losses, sandbagged lenders

“We were in a bad situation,” Ellison said.
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