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DOJ Eyes Seizure of Ex-FTX Chief’s Two Luxury Jets in Ongoing Criminal Probe
5.10.2023
In the ongoing criminal case against Sam Bankman-Fried, federal prosecutors have unveiled a forfeiture bill, indicating the Department of Justice’s (DOJ) intent to commandeer two luxury jets belonging to the ex-FTX chief. Specifically, the DOJ has its sights set on a Bombardier Global 5000...
Librarian and Retired Corrections Officer Included in Jury for Sam Bankman-Fried Case
5.10.2023
The jury selection process for the trial of Sam Bankman-Fried concluded on Wednesday morning, with a diverse group of individuals from various professional backgrounds chosen to serve.
Among the selected jurors are a former prosecutor, several Metro North commuter rail line workers, a librarian...
Sam Bankman-Fried’s jets are subject to forfeiture, says prosecution
5.10.2023
The U.S. Department of Justice says the two jets purchased by Bankman-Fried via FTX are now property that is subject to forfeiture due to charges brought against SBF
FTX exploiter moves $36.8M in Ether as Sam Bankman-Fried trial starts
5.10.2023
While the exploiter initially held 175,496 ETH ($294 million), the current balance in their portfolio has come down to $196.014 million after a series of transfers
DOJ Clamps Down on SBF’s Regulatory Loophole Defense Amid Ongoing Fraud Trial
4.10.2023
The Department of Justice (DOJ) has asked the judge in Sam Bankman-Fried’s (SBF) criminal case to restrict several planned defense arguments about financial regulations. Prosecutors said in a new court filing that SBF should not be allowed to claim he’s innocent because cryptocurrency...
Bankman-Fried’s Legal Team Cries Foul Over Ukrainian Customer Testimony
3.10.2023
Attorneys for Sam Bankman-Fried have written a letter to the judge, requesting the court block a government witness, a Ukrainian customer who “lost a substantial portion” of his life savings due to the FTX collapse. Bankman-Fried’s lawyers believe the witness’s testimony...
Crypto Is on Trial Alongside Sam Bankman-Fried
3.10.2023
Is crypto "uniquely" responsible for the rise and fall of FTX?
Suspicious Activity: FTX Hacker Moves 22,500 ETH Worth $37 Million – What's Going On?
3.10.2023
In a series of concerning transactions, the hacker or group of hackers believed to be behind last year’s infamous FTX hack has moved millions of dollars’ worth of stolen crypto.
In the past few days, the so-called FTX hacker has transferred 22,500 Ether (ETH), equivalent to about $37 million...
As trial begins, Sam Bankman-Fried's lawyers push to exclude testimony from FTX users
3.10.2023
Sam Bankman-Fried's legal team has requested the court block certain witnesses offering testimony on how they thought FTX would protect their assets
Is Michael Lewis Throwing Out His Reputation to Defend Sam Bankman-Fried?
2.10.2023
The author’ latest book, “Going Infinite,” is an eyewitness account of the fall of FTX’s founder, who Lewis said is “misunderstood.”
Bankman-Fried Trial to Feature Customer, Investor, and Co-Conspirator Testimony
2.10.2023
In a letter to the judge published Saturday, prosecutors laid out plans to call customers, investors, and co-conspirators to testify in next week’s trial of Sam Bankman-Fried. The former CEO of cryptocurrency exchange FTX faces charges of fraud and conspiracy for allegedly misusing customer...
FTX founder mulled giving Trump $5B not to run for president, says author
2.10.2023
“That only shocks you if you don’t know Sam,” says author Michael Lewis regarding the revelation in his new book about Sam Bankman-Fried
Effective altruism fueled SBF’s ‘ridiculous’ actions at FTX: Ex-Alameda engineer
2.10.2023
"No sane person would make those decisions,” says a former engineer at Alameda Research about what ultimately led to the collapse of Sam Bankman-Fried's crypto empire
FTX’s $3.4B crypto liquidation: What it means for crypto markets
29.9.2023
Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability
FTX founder’s plea for temporary release should be denied, prosecution says
28.9.2023
Sam Bankman-Fried’s renewed request for temporary release from jail prior to his upcoming trial should be denied according to the U.S. government
US House committee leadership threatens to subpoena SEC over FTX docs
27.9.2023
Patrick McHenry led efforts starting in February to obtain communication records between SEC and Justice Department staff over the arrest of Sam Bankman-Fried
Judge Limits Bankman-Fried’s Trial Arguments; Allows Recreational Drug Use Questions
27.9.2023
A federal judge has issued rulings limiting some arguments the defense can make at Sam Bankman-Fried’s criminal fraud trial next month. However, the judge will allow Bankman-Fried’s lawyers to question witnesses about past recreational drug use. Bankman-Fried Can’t Mention Jail...
Former FTX Law Firm Denies Role in Collapse; Challenges Allegations as ‘Fatally Deficient’ in Court Motion
26.9.2023
San Francisco-based law firm Fenwick & West LLP is denying allegations from FTX founder Sam Bankman-Fried that the firm provided legal advice enabling the alleged fraud that led to the cryptocurrency exchange’s collapse. In a recent court filing, Fenwick & West asserts the allegations...
FTX Founder Sam Bankman-Fried's Bail Request Rejected Ahead of Trial
22.9.2023
A US court has denied Sam Bankman-Fried's request for release on bail before his trial, which is scheduled to begin next month.
On Thursday, an appeals court upheld the decision to keep the disgraced founder of FTX locked up ahead of his trial.
"We reject [Bankman-Fried's] contention that...
Sam Bankman-Fried's Father Faces Scrutiny Over Alleged Role in Democratic Dark Money Network
22.9.2023
Joseph Bankman, the father of the embattled former crypto entrepreneur Sam Bankman-Fried, has reportedly been implicated in holding an advisory position within a prominent Democratic dark money network. Watchdogs suggest that this arrangement warrants a thorough investigation.
This allegation...