Tag: Lewis Kaplan

Former FTX executive Ryan Salame sentencingF
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May 17, 2024

FTX Case: The Upcoming Sentencing of Former Executive Ryan Salame and Leniency Requests!

Sam Trabucco, the former co-CEO of Alameda Research, has resurfaced to defend his friend and former colleague, Ryan Salame, ahead of Salame's sentencing set for May 28. Trabucco, who had been notably absent since the collapse of FTX, wrote a letter to Judge Lewis Kaplan, who is overseeing Salame's case. In the letter, Trabucco described Salame as his "best friend" and emphasized that Salame "doesn't deserve to be defined by his worst actions."
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Sam Bankman-Fried sentencedF
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April 12, 2024

FTX Founder Sam Bankman-Fried Challenges Fraud Conviction and Seeks to Overturn 25-Year Sentence

No surprise: Convicted FTX founder Sam Bankman-Fried (SBF) has initiated an appeal against his federal fraud and conspiracy conviction and his 25-year prison sentence. The U.S. District Court in Manhattan sentenced SBF and mandated an $11 billion forfeiture to rectify the extensive fraud perpetrated through FTX and its affiliate, Alameda Research. Regarded as one of the most monumental financial fraud cases in recent history, the appeal was anticipated by many observers.
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Sam Bankman-Fried sentencedP
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March 24, 2024

Pre-Sentencing: The Legal Reckoning of Sam Bankman-Fried and the Cautionary Tale of FTX!

In the coming weeks, the legal fate of two prominent figures in the crypto world will unfold, with Sam Bankman-Fried (SBF), founder of the now-defunct FTX platform, set to receive his sentence. Concurrently, Changpeng Zhao (CZ), the co-founder and former CEO of Binance, awaits his sentencing on April 30, 2024, after he pleaded guilty to violating US financial regulations. The prosecution has proposed sentences spanning several decades for SBF and no less than 18 months for CZ, hinting at the gravity of their offenses.
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Sam Bankman-Fried sentencedU
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December 30, 2023

U.S. Prosecutors Forego Second Trial Against FTX Founder Sam Bankman-Fried

am Bankman-Fried (SBF), the founder of the now-bankrupt crypto exchange FTX. In November 2923, Jurors convicted SBF on all seven fraud and conspiracy counts he faced. Prosecutors had accused him of looting $8 billion from FTX customers out of sheer greed. A second trial with further charges was originally planned. The prosecutors have now canceled this.
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New motion in the trial case against Sam Bankman-FriedT
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August 29, 2023

The Preparation Of The October Trial Against FTX Founder Sam Bankman-Fried Intensifies!

The lawyers representing Sam Bankman-Fried, founder of FTX, have formally submitted a motion seeking his "interim release" or, at a minimum, a provision allowing him to confer with his defense team five days a week. The motion refers to the Sixth Amendment and SBF's constitutional right to participate in preparing his defense and his right to receive effective assistance of counsel. They also objected to the Government’s production of an additional 4 million pages of discovery.
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Sam Bankman-Fried may agree to his extraditionU
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July 27, 2023

U.S. Prosecutors Ask For Pre-Trial Detention Of FTX Founder Over Witness Tampering!

U.S. prosecutors have requested the pretrial detention of FTX founder and former CEO Sam Bankman-Fried (SBF) ahead of his scheduled trial in October related to the exchange's collapse. During a court hearing, the prosecutor argued that "no set of release conditions can ensure the safety of the community," Reuters reports. SBF has been actively communicating with the public and reporters, raising concerns about the potential impact on the case.
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