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Sam Bankman-Fried is going to jail

Judge also denied SBF's request to delay jail time. Enlarge / Sam Bankman-Fried. (credit: Bloomberg / Contributor | Bloomberg) A federal judge in New York today ordered disgraced FTX founder Sam Bankman-Fried's to jail a.....»»

Category: topSource:  arstechnicaAug 11th, 2023

Why Tom Brady, David Ortiz, Jimmy Fallon and other celebrities are getting sued over crypto

With the implosion of Sam Bankman-Fried's FTX dominating the headlines, celebrities who hawked cryptocurrency are now finding themselves under fresh legal scrutiny......»»

Category: topSource:  cnnRelated NewsDec 14th, 2022

FTX crypto boss Sam Bankman-Fried denied bail in Bahamas

Sam Bankman-Fried is accused of a huge scheme to defraud investors in failed crypto exchange FTX......»»

Category: hdrSource:  bbcRelated NewsDec 14th, 2022

Sam Bankman-Fried arrested in Bahamas, charged with “massive” crypto fraud in US

FTX founder charged with fraud, money laundering, campaign finance violations. Enlarge / Sam Bankman-Fried testifies during a House Financial Services Committee hearing on December 8, 2021. (credit: Getty Images | Tom Williams).....»»

Category: topSource:  arstechnicaRelated NewsDec 13th, 2022

US charges Sam Bankman-Fried with defrauding investors

He is accused of "orchestrating a scheme" to defraud investors in failed crypto exchange FTX......»»

Category: hdrSource:  bbcRelated NewsDec 13th, 2022

Sam Bankman-Fried: FTX founder arrested in Bahamas

According to a court filing last month, FTX owed its 50 largest creditors almost $3.1bn (£2.5bn)......»»

Category: hdrSource:  bbcRelated NewsDec 13th, 2022

FTX founder Sam Bankman-Fried arrested in Bahamas

FTX filed for bankruptcy last month, leaving many unable to withdraw their funds from the cryptocurrency exchange......»»

Category: hdrSource:  bbcRelated NewsDec 13th, 2022

Sam Bankman-Fried: I hope to make money to pay people back

The former FTX boss says he would give anything to start a new business and repay crypto investors......»»

Category: hdrSource:  bbcRelated NewsDec 10th, 2022

Disgraced FTX founder to testify at House hearing on crypto exchange crash

After missing a Senate deadline, FTX founder tweets, "I am willing to testify." Enlarge (credit: Alex Wong / Staff | Getty Images News) It has been a little more than a week since disgraced FTX co-founder Sam Bankman-Fri.....»»

Category: topSource:  arstechnicaRelated NewsDec 9th, 2022

Sam Bankman-Fried speaks on FTX collapse: “I didn’t ever try to commit fraud”

Bankman-Fried does public interview despite his lawyers urging him to stay quiet. Enlarge / Andrew Ross Sorkin interviews Sam Bankman-Fried at The New York Times DealBook conference on November 30, 2022, in New York City. (credit.....»»

Category: topSource:  arstechnicaRelated NewsDec 1st, 2022

Ex-FTX boss Bankman-Fried: "I didn"t try to commit fraud"

Sam Bankman-Fried says he has almost no money left after the collapse of the global crypto exchange......»»

Category: hdrSource:  bbcRelated NewsDec 1st, 2022

Sam Bankman-Fried: "I didn"t try to commit fraud"

In a wide-ranging interview with The New York Times, the former FTX chief says he has almost no money left......»»

Category: hdrSource:  bbcRelated NewsDec 1st, 2022

Individuals" cognitive transformations key to understanding desistance from crime, argues expert

Much of U.S. criminal justice policy focuses on recidivism, and probation and parole violators make up a considerable share of jail and prison populations. In a new article, a 2022 winner of the Stockholm Prize in Criminology argues that to understan.....»»

Category: topSource:  physorgRelated NewsNov 30th, 2022

Founder ran FTX as “personal fiefdom”; many assets stolen or missing, court hears

FTX "was run as a personal fiefdom of Sam Bankman-Fried," company lawyer says. Enlarge / Then-CEO of FTX Sam Bankman-Fried speaks during a House Committee on Financial Services hearing on December 08, 2021 in Washington, DC. (cre.....»»

Category: topSource:  arstechnicaRelated NewsNov 23rd, 2022

Apple nearing deal to turn Michael Lewis book on FTX and Sam Bankman-Fried into feature film

Apple could be one of the first to transform the story of the collapse of Sam Bankman-Fried and his FTX crypto company into a feature film. Deadline reports that Apple is in the lead for a deal to turn an upcoming book from Michael Lewis into a film.....»»

Category: topSource:  pcmagRelated NewsNov 23rd, 2022

FTX: Court says Sam Bankman-Fried ran FTX as a "personal fiefdom"

FTX's collapse was described in court as "one of most abrupt and difficult" in corporate America......»»

Category: hdrSource:  bbcRelated NewsNov 22nd, 2022

Government can minimize racial inequality in criminal justice by reducing police stops, detention, and long sentences

To reduce racial inequality in the U.S. criminal justice system, local, state, and federal government should explore ways to reduce police stops and searches, jail detention, prison admission, and long sentences, says a new report from the National A.....»»

Category: topSource:  marketingvoxRelated NewsNov 15th, 2022

Global investigators pounce as FTX collapse leaves up to 1 million creditors

Regulators around the world have "substantial interest" after crypto group’s demise. Enlarge (credit: Stefani Reynolds/AFP/Getty Images) The collapse of Sam Bankman-Fried’s crypto empire has sparked a vast global inv.....»»

Category: topSource:  arstechnicaRelated NewsNov 15th, 2022

The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried

How a crypto empire built on video game battles and beanbags came crashing down......»»

Category: hdrSource:  bbcRelated NewsNov 13th, 2022

Crypto giant FTX collapses into bankruptcy

Sam Bankman-Fried also stepped down as chief executive, capping a tumultuous week for the firm......»»

Category: hdrSource:  bbcRelated NewsNov 12th, 2022

FTX: Crypto giant collapses into bankruptcy

Sam Bankman-Fried also stepped down as chief executive, capping a tumultuous week for the firm......»»

Category: hdrSource:  bbcRelated NewsNov 11th, 2022