FTX chief executive blasts Sam Bankman-Fried for claiming fraud victims will not suffer
The chief executive of the cryptocurrency company Sam Bankman-Fried founded attacked the onetime crypto power player in a letter to a federal judge, saying his claim that customers, lenders and investors were not harmed was callously false.
FTX founder Sam Bankman-Fried acknowledges in court that customers were hurt but denies fraud
FTX founder Sam Bankman-Fried has finished his first day of testimony at his fraud trial after saying the innovative business he had hoped would move the cryptocurrency ecosystem forward ended up hurting customers instead.
Sam Bankman-Fried's lawyer fails to hurt credibility of the government's star witness at fraud trial
Sam Bankman-Fried’s lawyer did little to dent the credibility of the government’s key witness in the former crypto mogul’s fraud trial Thursday, meandering through a cross-examination of Caroline Ellison that at times left even the judge puzzled and impatient.
Sam Bankman-Fried stole customer funds from the beginning of FTX, exchange's co-founder tells jury
Sam Bankman-Fried authorized the illegal use of FTX customers’ funds and assets to plug financial gaps at an affiliated hedge fund from the exchange’s earliest days, FTX’s co-founder Gary Wang told a New York jury on Friday, as prosecutors pressed their case that Bankman-Fried was the mastermind behind one of the biggest frauds in U.S. history.
FTX attorneys accuse Sam Bankman-Fried's parents of unjustly enriching themselves with company funds
Lawyers for collapsed cryptocurrency exchange FTX Trading are accusing Sam Bankman-Fried's parents of exploiting their influence over their son and the company he founded to enrich themselves by millions of dollars.
Former FTX crypto executive pleads guilty to making millions in illegal campaign contributions
A former top executive at the failed FTX cryptocurrency exchange pleaded guilty Thursday to making tens of millions of dollars in illegal campaign contributions to U.S. politicians and engaging in a criminal conspiracy to operate an unlicensed money transfer business.
Jailed Sam Bankman-Fried can't prepare for trial without vegan diet and adequate meds, lawyers say
Defense lawyers say FTX founder Sam Bankman-Fried can't adequately prepare for trial in six weeks while in jail without proper access to computers, necessary medications to help him concentrate, and a better diet than bread, water and peanut butter.
Prosecutors say FTX founder Sam Bankman-Fried is harassing a key witness at his upcoming trial
Prosecutors say FTX founder Sam Bankman-Fried is harassing a key witness against him at his upcoming trial by publicly disclosing personal things she wrote while she was the chief executive at his cryptocurrency hedge fund trading firm.
With Sam Bankman-Fried looking on, judge seems skeptical of request to reject criminal fraud charges
FTX founder Sam Bankman-Fried's lawyers encountered a skeptical federal judge when they argued that he should toss out criminal fraud charges their client faces after the collapse of his cryptocurrency business.
SEC lawsuits against cryptocurrency companies raise questions about industry's future
Two recent lawsuits filed by the U.S. Securities and Exchange Commission against the world’s biggest cryptocurrency exchanges have reopened tensions between the government and a volatile industry that has been marred by scandals and market meltdowns.
Prosecutors say Sam Bankman-Fried's arguments to dismiss cryptocurrency charges are meritless
New York prosecutors say Sam Bankman-Fried's lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges alleging that the FTX founder stole from investors in his multibillion dollar cryptocurrency fund.
Lawyer: FTX founder likely challenging new crypto charges
A lawyer for onetime cryptocurrency darling Sam Bankman-Fried is signaling that he's challenging the validity of new charges contained in rewritten indictments released in recent weeks after his client was brought to the United States from the Bahamas in December.
Judge suggests jail to limit FTX founder's communications
A federal judge is showing growing impatience with FTX founder Sam Bankman-Fried's use of the internet while on bail, suggesting that incarceration might eventually be the most effective way to prevent him from communicating on electronic devices in ways that can’t be traced.
FTX's Sam Bankman-Fried, DOJ tussle over his communications
Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering in a criminal case accusing him of bilking investors and customers.
After FTX flounders, what becomes of Miami arena naming deal?
Cryptocurrency giant FTX filed for bankruptcy Friday, leaving a number of unanswered questions, including a big one here in South Florida: what will happen to its naming rights deal for Miami’s FTX Arena and the money it was set to pay Miami-Dade County over the next two decades?
AP source: US authorities investigate crypto exchange FTX
The swift collapse of crypto exchange FTX sent more shockwaves through the cryptocurrency world on Thursday, with authorities now investigating the firm for potential securities violations and analysts bracing for a further downturn in crypto prices.
NBA still needs to approve Miami-Dade’s $135M deal with FTX to rename Miami Heat’s home
If the NBA approves a new deal, the AmericanAirlines Arena, also known as the “Triple-A” or AAA, will be the FTX Arena until 2040. The change in naming rights is part of a $135 million deal that Miami-Dade County commissioners approved on Friday. Garcia said that although the motive is related to marketing, FTX put conditions on how the money needs to be spent. Alameda Research, a quantitative trading firm founded in 2017, backs the international cryptocurrency exchange, which is associated with FTX US. Sam Bankman-Fried, the chief executive officer of FTX, released a statement saying the FTX family “is thrilled” about the “partnership” because FTX isn’t just putting a name on an iconic building.