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 ...

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 ...

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 ...

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 ...

Prosecutors said Ellison met with them about 20 times to help them piece together FTX's unraveling and make their case against Bankman-Fried. "Unlike Bankman-Fried, she is not cunning. There is no ...

Ellison spoke on her own behalf, beginning by apologizing to everyone she’s hurt. “I think on some level my brain can’t even truly comprehend the scale of the harms I’ve caused,” she said.

Home to more than 1,200 inmates, New York City's only federal prison is hosting two of the most high-profile figures in ...

In August 2022, Ellison became the head of Alameda Research, Bankman-Fried's trading firm that was closely intertwined with his fallen crypto exchange, FTX ... for which SBF became a poster ...

September 11: The iPhone 13 mini has been removed from this list as it's now too old to recommend fully. And on the topic of iPhones, because of the new iPhone 16 Pro's larger size, it may not ...

All products featured on Architectural Digest are independently selected by our editors. However, when you buy something through our retail links, we may earn an affiliate commission. While it has ...

A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire was sentenced to two years in prison after she apologised repeatedly to everyone hurt by a fraud that stole billions of ...