SBF’S parents exploring ways to get Trump pardon for disgraced crypto-king son: report
FTX founder SAM BANKMAN-FRIED's parents are looking for a way to get a pardon from President Trump for the son of a shameful encryption Villionaire, who has been sentenced to 25 years of penalty. Joseph Bankman and Barbara Fried, a professor at Stanford University's Law School, met Trump's orbit lawyers and others. 2023 November cryptocurrency […]
SBF’s ex-deputy Gary Wang avoids prison over FTX fraud
Former crypto executive Gary Wang, who wrote the computer code that helped FTX founder Sam Bankman Fried steal about $8 billion from the bankrupt exchange's customers, was sentenced to prison by a judge on Wednesday. I was spared. U.S. District Judge Lewis Kaplan announced during a hearing in federal court in Manhattan that he would […]
SBF’s FTX lieutenant Ryan Salame adds prison stint to LinkedIn resume
A lieutenant to FTX cryptocurrency fraudster Sam Bankman Freed made a light-hearted post on LinkedIn, teasing the difficult times ahead for him on the job. Ryan Salame, former co-CEO of FTX Digital Markets, was charged with making tens of millions of dollars in illegal campaign contributions to support Bankman Fried's political machinations. He is scheduled […]
SBF’s jury only saw ‘half the picture,’ lawyer says in appeal
The jury that convicted Sam Bankman Freed of stealing billions of dollars from clients of his crypto exchange, FTX, saw “only half the picture” because the judge denied key evidence, his lawyers argued in an appeal on Friday. In a 102-page brief filed with the U.S. Court of Appeals for the Second Circuit, Bankman Freed's […]
FTX ordered to pay $12.7B to customers after SBF’s massive fraud
A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to customers, the Commodity Futures Trading Commission announced in a statement on Thursday. In March, FTX founder Sam Bankman Freed was sentenced to 25 years in prison for stealing $8 billion from clients. “The order requires FTX to pay $8.7 […]
SBF’s top FTX executive Ryan Salame to be sentenced
One of Sam Bankman-Freed’s top executives who pleaded guilty to financial crimes following the collapse of cryptocurrency exchange FTX is scheduled to be sentenced on Tuesday, the first of several company executives to find out how much time they will spend in prison for their roles in the company’s collapse. Ryan Salameh, co-CEO of the […]