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 ...
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 ...
Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, was convicted because of a "false narrative" told by federal prosecutors at a trial "tainted" by errors, his attorneys argued in a ...
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 ...
In court papers filed late Tuesday, counsel for Ellison noted their client’s immediate and enduring cooperation with federal authorities following the collapse of cryptocurrency exchange FTX and ...