U.S. Senators Elizabeth Warren and Charles Grassley have written to Commodity Futures Trading Commission chair Rostin Behnam ...
At the sentencing hearing, Bankman-Fried apologized to his former FTX colleagues, Reuters reported. "They put a lot of themselves into it, and I threw that all away. It haunts me everyday ...
REUTERS During the sentencing hearing, Mukasey told Kaplan that the judge should ignore the prosecution’s claim that FTX customers had lost $8 billion because, he said, customers would likely be ...
U.S. District Judge Lewis Kaplan handed down the sentence at a Manhattan court hearing after rejecting Bankman-Fried's claim that FTX customers did not actually lose money and accusing him of ...
"The defendant's assertion that FTX customers will be made whole is misleading, it is legally flawed, it is speculative," US District Judge Lewis Kaplan said near the start of the hearing in ...
NEW YORK, March 28 (Reuters) - Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange ...
Nov. 16 – House lawmakers called on Bankman-Fried as well as executives at Alameda and Binance to testify in a hearing on Capitol Hill in December. "The fall of FTX has posed tremendous harm to ...
(Reuters) - Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, said on Monday he would testify remotely at Tuesday's U.S. House Finanical Services Committee hearing ...
His lawyers have complained that prosecutors worked too closely with FTX's bankruptcy estate, and asked it to hand over only information that would help their case. During the sentencing hearing ...
A central issue at Thursday’s hearing was how much Bankman-Fried’s crimes had cost FTX’s investors and customers. Within minutes of the hearing’s start, Kaplan shot down Bankman-Fried’s ...