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Sam Bankman-Fried

SAM BANKMAN-FRIED NEWS

11 years for deceiving investors, 150 years sentence for largest Ponzi scheme in history: A list of some prominent white-collar cases

March 29, 2024 1:34 pm

Here’s how Bankman-Fried’s sentence compares with penalties faced by other high-profile white-collar criminals.

Who is Sam Bankman-Fried, the onetime crypto mogul sentenced to 25 years in prison?

March 29, 2024 10:22 am

On Thursday, Sam Bankman-Fried was sentenced to 25 years in prison over what federal prosecutors called one of the biggest financial frauds in US history.

Sam Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud

March 29, 2024 7:50 am

A jury found Bankman-Fried, 32, guilty on November 2 on seven fraud and conspiracy counts stemming from FTX's 2022 collapse in what prosecutors have called one of the biggest financial frauds in US history.

Sam Bankman-Fried is no 'financial serial killer,' defense lawyer says at sentencing

March 28, 2024 8:45 pm

The hearing marks the final step in Bankman-Fried's downfall from an ultra-wealthy cryptocurrency entrepreneur and major political donor to the biggest trophy to date in a crackdown by US authorities.

Ex-crypto mogul Sam Bankman-Fried convicted of multi-billion dollar FTX fraud

November 03, 2023 10:54 am

FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record.

Bankman-Fried charged with paying $40 million bribe to China

March 28, 2023 10:27 pm

The charge of conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act raises to 13 the number of charges Bankman-Fried faces after he was arrested in the Bahamas in December and brought to the US soon afterward.

FTX founder Sam Bankman-Fried pleads not guilty in New York

January 04, 2023 7:09 am

Bankman-Fried's attorney, Mark Cohen, announced his client's plea, saying: “He pleads not guilty to all counts."

FTX founder Sam Bankman-Fried arrested: A timeline of the events that led to it

December 13, 2022 3:34 pm

FTX was one of the most valuable firms in the world of crypto until things went downhill. Here's a look at the events that occurred since then.

The parents in the middle of FTX’s collapse

December 13, 2022 11:56 am

In the months before FTX filed for bankruptcy, on Nov. 11, Bankman was a prominent cheerleader for the company, helping to shape the narrative that his son was using crypto to save the world by donating to charity and giving low-income people access to the financial system.

What is effective altruism, the philosophical movement linked to former FTX founder Sam Bankman Fried?

November 26, 2022 7:39 am

After the debacle of the firm, some critics are pointing out how the movement’s underlining ideals could have triggered SBF’s propensity to risk, and more so provided a shield for the way he was running his company.

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