Ellison reportedly was also ordered to forfeit $11 billion that was earned from her time at FTX. Over the course of the trial, Ellison said she helped SBF knowingly defraud investors. She ...
Welcome to our live coverage of the trial of FTX founder Sam-Bankman-Fried, or SBF for short ... So far, the prosecution has painted an image of her as a criminal, yes, but a guilt-stricken ...
The FTX founder has been found guilty on all seven ... Lily Hay Newman a year ago The first SBF trial is over, but the post-trial wrangling is just beginning—including legal maneuvers that ...
Lawyers representing Sam Bankman-Fried, the FTX CEO and co-founder who was convicted of fraud and money laundering late last year, are seeking a new trial. Following crypto exchange FTX’s ...
The crash exposed an $8 billion hole in FTX's accounts, leaving investors and customers scrambling to recoup their funds. The Bahamas' Attorney General said in a statement that SBF was arrested ...
He's serving a 25-year sentence for fraud after stealing $8 billion from customers of his FTX crypto exchange. He funneled money into his crypto-trading fund, Alameda Research; venture-capital ...
Home to more than 1,200 inmates, New York City's only federal prison is hosting two of the most high-profile figures in ...
Simply named “SBF,” Sam Bankman-Fried is a 30-year-old crypto celebrity-cum-outcast after his crypto exchange, FTX, filed for bankruptcy last month. The spectacular implosion sent shockwaves ...
Frauds don’t happen by accident – they require intent. In the rare instance that a fraud does occur, investors expect that the gatekeepers of fair financial reporting, the auditors, will be ...
FTX has initiated a lawsuit against the parents of its founder, Sam Bankman-Fried, in an attempt to recover millions of dollars that the company alleges were fraudulently transferred and ...
Collapsed cryptocurrency exchange FTX, the biggest casualty of the “crypto winter” last year, just hit the first anniversary of its bankruptcy filing. Crypto lender Celsius Network ...
To be clear, the FTX fraud and resulting bankruptcy was first and foremost the result of actions perpetrated by its founder, Sam Bankman-Fried (frequently referred to as SBF). But for the fraud to ...