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Tag: FTX CEO

Prosecutor: FTX Boss Sam Bankman-Fried Stole Billions From Customers, Lied About It

November 2, 2023 wp-bot Bitcoin News

Federal prosecutor Nicolas Roos argued this week that Sam Bankman-Fried stole billions in customer funds from his cryptocurrency exchange FTX and lied repeatedly to cover

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Sam Bankman-Fried’s Attorney Paints Picture of Mistakes, Not Crimes, in Closing Argument

November 2, 2023 wp-bot Bitcoin News

Sam Bankman-Fried’s lawyer Mark Cohen gave a final argument Wednesday, portraying the FTX founder as someone who “did his best” and made mistakes but did

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Bankman-Fried’s Lawyers Challenge Core of Fraud Case, Questioning Fiduciary Ties Under English Law

October 31, 2023 wp-bot Bitcoin News

Lawyers for Sam Bankman-Fried are seeking to instruct the jury that no trust or fiduciary relationship existed between the crypto exchange and its customers, a

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Bankman-Fried’s Memory Fails Him in Court as Prosecution Delves Into Alameda’s Preferential Treatment

October 31, 2023 wp-bot Bitcoin News

Ex-FTX chief Sam Bankman-Fried returned to the witness stand Monday, fielding a barrage of inquiries from the federal prosecutor. The interrogation spanned the better part

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From Airbnb to Bahamas Elite — Bankman-Fried Testifies About FTX’s Operations and Alameda

October 28, 2023 wp-bot Bitcoin News

Sam Bankman-Fried took the stand in his fraud trial on Friday, October 27, 2023, and was questioned by his lawyer about the operations of FTX

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Bankman-Fried Takes the Stand With a Great Focus on Relying on Counsel and Legal Advice

October 26, 2023 wp-bot Bitcoin News

The former FTX CEO Sam Bankman-Fried testified Thursday without jurors present. Bankman-Fried was questioned by his attorney, Mark Cohen, before the judge. He described FTX

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