FTX

FTX sues Binance and its former CEO for $1.8 bln

The lawsuit relates to Binance's sale of its stake in Sam Bankman-Fried's FTX, which it acquired in 2019 but then negotiated to sell back to FTX in July 2021.

11 November 2024, 17:07 IST

FTX sues Binance and its former CEO for $1.8 bln

11 November 2024, 17:07 IST

FTX investors settle with Bankman-Fried to pursue promoters

Other FTX insiders, including the former executives Gary Wang, Caroline Ellison and Nishad Singh who testified against Bankman-Fried, were also sued by investors, but they too have agreed to settle.

20 April 2024, 03:15 IST

FTX investors settle with Bankman-Fried to pursue promoters

20 April 2024, 03:15 IST

Sam Bankman-Fried's sentence is a warning to crypto

While not as harsh as the request from prosecutors for as much as 50 years, it should stand as a clear deterrent for aspiring fraudsters both in traditional finance and its decentralised offshoots.

29 March 2024, 06:07 IST

Sam Bankman-Fried's sentence is a warning to crypto

29 March 2024, 06:07 IST

Sam Bankman-Fried sentenced to 25 years in prison for FTX fraud

Bankman-Fried's sentence was shorter than the 40-50 years federal prosecutors had recommended, but above the 6 1/2-year sentence requested by the defense lawyers.

28 March 2024, 22:00 IST

Sam Bankman-Fried sentenced to 25 years in prison for FTX fraud

28 March 2024, 22:00 IST

Sam Bankman-Fried's wild rise and abrupt crash

After a speedy trial in Manhattan federal court, the onetime crypto king, now 31, was convicted on Thursday of seven counts of fraud and conspiracy involving his companies FTX and Alameda Research.

03 November 2023, 04:23 IST

Sam Bankman-Fried's wild rise and abrupt crash

03 November 2023, 04:23 IST

Ex-crypto mogul Sam Bankman-Fried convicted of defrauding FTX customers

A 12-member jury in Manhattan federal court convicted him on all seven counts he faced after a monthlong trial in which prosecutors made the case that he stole $8 billion from the exchange's customers out of sheer greed.

02 November 2023, 23:56 IST

Ex-crypto mogul Sam Bankman-Fried convicted of defrauding FTX customers

02 November 2023, 23:56 IST

Sam Bankman-Fried trial gives jury inside view of FTX's final days

Now, the 31-year-old former billionaire's fate could hinge on how jurors view his actions in the 10 days before the FTX cryptocurrency exchange's collapse nearly one year ago.

02 November 2023, 11:36 IST

Sam Bankman-Fried trial gives jury inside view of FTX's final days

02 November 2023, 11:36 IST

Caroline Ellison testifies she committed fraud with Sam Bankman-Fried

Bankman-Fried has pleaded not guilty to two counts of fraud and five counts of conspiracy, and has argued that while he made mistakes running FTX, he never intended to steal funds.

10 October 2023, 19:46 IST

Caroline Ellison testifies she committed fraud with Sam Bankman-Fried

10 October 2023, 19:46 IST

Sam Bankman-Fried's ex-girlfriend set to take stand as fraud trial's star witness

The fifth day of the former crypto mogul's trial on charges of stealing billions of dollars in FTX customer deposits will kick off with defense lawyers' cross-examination of Gary Wang, the exchange's onetime technology chief.

10 October 2023, 11:24 IST

Sam Bankman-Fried's ex-girlfriend set to take stand as fraud trial's star witness

10 October 2023, 11:24 IST

Sam Bankman-Fried's trial to resume with testimony from ex-FTX executive Wang

Wang, 30, is one of three FTX insiders who have pleaded guilty to fraud charges and entered a cooperation agreement with the government.

06 October 2023, 12:20 IST

Sam Bankman-Fried's trial to resume with testimony from ex-FTX executive Wang

06 October 2023, 12:20 IST