August 11, 2023
FTX founder Sam Bankman-Fried. (AP Photo/Bebeto Matthews, File)
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FTX prosecutors push for tougher sentence
US prosecutors are exploiting the $426m transfer of digital assets to the safekeeping of Bahamian regulators to press for a harsher prison sentence for FTX founder Sam Bankman-Fried.
FTX founder Sam Bankman-Fried's lawyer asks judge to reject 100-year recommended sentence
NEW YORK (AP) — Sam Bankman-Fried's lawyer said Tuesday that a suggested 100-year prison sentence for the FTX founder by an arm of the court is "grotesque" and "barbaric" and at most a term of a few years behind bars is appropriate for cryptocurrency crimes that the California man still disputes.
AG: Sam Bankman-Fried prosecutors ‘rather misleading’ over second trial
The Attorney General yesterday branded the US explanation for not proceeding with Sam Bankman-Fried’s second trial as “rather misleading” since prosecutors knew the FTX chief’s Bahamas action is still live.
FTX founder Sam-Bankman-Fried convicted of defrauding cryptocurrency customers
FTX founder Sam Bankman-Fried’s spectacular rise and fall in the cryptocurrency industry — a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president — hit a new bottom Thursday when a New York jury convicted him of fraud in a scheme that cheated customers and investors of at least $10 billion.
FTX MEETING CLAIM DENIED BY PM OFFICE: US chief says founder’s father was to meet Davis - but PM was in Egypt
The Prime Minister’s Office last night refuted claims that he was due to meet Sam Bankman-Fried’s father on the day FTX imploded because he was away battling on The Bahamas’ behalf against climate change.
FTX founder Sam Bankman-Fried jailed in New York; judge says crypto mogul tampered with witnesses
NEW YORK (AP) — FTX founder Sam Bankman-Fried was sent to jail Friday to await trial after a bail hearing for the fallen cryptocurrency wiz left a judge convinced that he had repeatedly tried to influence witnesses against him.
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