Tag: Sam Bankman-Fried

Tucker Carlson with an interview from prison with Sam Bankman-FriedF
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March 7, 2025

From Crypto King to Prison Chess: SBF’s Defiant Rewrite of the FTX Saga

In a remote interview with Tucker Carlson on March 5, 2025, Sam Bankman-Fried (SBF), the convicted FTX founder, reframed his $10 billion fraud as a mere liquidity crisis, denying criminal intent while playing chess with Sean 'Diddy' Combs in prison. As he hints at GOP leanings and a potential pardon, SBF’s narrative sparks debate: a bid for redemption or a refusal to face the fallout?
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Damian Williams resigns as DAC
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November 26, 2024

Changing Guard at SDNY: Damian Williams Steps Down Amid Crypto Crackdown!

Damian Williams, the U.S. Attorney for the Southern District of New York and a key figure in high-profile crypto prosecutions, including the Sam Bankman-Fried (SBF) case, will resign on Dec. 13. Deputy U.S. Attorney Edward Y. Kim will serve as Acting U.S. Attorney until a Trump nominee, possibly Jay Clayton, takes over pending Senate confirmation.
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Former FTX CTO Gary Wang avoids prison timeB
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November 20, 2024

Bravo: Former FTX Executive Avoids Jail Because of Cooperation with Law Enforcement!

Gary Wang, the last close associate of FTX founder Sam Bankman-Fried (SBF), has avoided prison after receiving three years of supervised release. His cooperation with U.S. prosecutors in exposing the $8 billion fraud was pivotal, earning him praise from Judge Lewis A. Kaplan. The collapse of the US crypto exchange FTX in November 2022 marked the beginning of the last crypto winter.
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FTX co-founder Gary Wang takes the stand in the trial against Sam Bankman-FriedF
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November 15, 2024

FTX Co-Founder Gary Wang Assists US Government in Fraud Detection, Awaits Sentencing

Gary Wang, FTX’s former coding chief and co-founder, has been praised by prosecutors for his “outstanding” assistance in building the case against Sam Bankman-Fried (SBF). Scheduled for sentencing on November 20, Wang has developed tools to help the US government identify fraud in cryptocurrency and stock markets, a factor prosecutors urge the court to consider for leniency.
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FTX co-founder Gary Wang takes the stand in the trial against Sam Bankman-FriedF
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November 8, 2024

FTX Co-Founder Gary Wang Pleads for Freedom, Citing Role as Key Witness Against Bankman-Fried

Gary Wang, co-founder of FTX, has requested a non-custodial sentence in a court memo submitted on November 6th, emphasizing his cooperation as a key witness in the U.S. v. Sam Bankman-Fried case. Wang argues his minimal involvement in FTX’s collapse and his substantial assistance to prosecutors justify leniency. He will be sentenced on Nov. 20 after pleading guilty.
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Former FTX executive Ryan Salame sentencingF
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November 6, 2024

FTX Pursues $98.8 Million Recovery from Ex-Chief Ryan Salame

FTX Trading Ltd. has filed a lawsuit against Ryan Salame, former head of FTX Digital Markets, seeking the recovery of $98.8 million allegedly misappropriated in the lead-up to the exchange's collapse. Accusations against Salame include using customer funds to finance a lavish lifestyle and political contributions. He was sentenced to 7.5 years (90 months) in prison for his role in the FTX scandal.
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FTX Bankruptcy CaseB
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October 29, 2024

Bankrupt Crypto Exchange FTX Settles Suit Against Crypto Firm Bybit for $228 Million!

The legal dispute between the collapsed U.S. crypto exchange FTX and Dubai-based Bybit has recently reached a significant milestone with a settlement agreement worth $228 million. Here's an overview of the background, context, and latest developments. The settlement comes just in time for the expected bull run in the crypto segment.
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FTX Bankruptcy CaseP
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September 27, 2024

Plaintiffs Lawyers of FTX Clients Lawyers Settle Feud With FTX Estate!

FTX was a major U.S. crypto exchange that collapsed in November 2022 amid allegations of fraud and misuse of customer funds. Plaintiffs' lawyers in the FTX litigation in Miami federal court have reached a deal with lawyers for the bankrupt company, resolving a fight that erupted earlier this year over who owns the right to sue on behalf of customers of the crypto exchange.
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Alameda CEO Caroline Ellison in the FTX trialC
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September 25, 2024

Caroline Ellison Sentenced to Two Years for Role in FTX, The ‘Greatest Financial Fraud’ In U.S. History!

Caroline Ellison, 29, a central figure in the scandal around the collapsed U.S. crypto exchange FTX, has been sentenced to two years in prison despite her substantial cooperation with prosecutors. The former FTX CEO Sam Bankman-Fried (SBF) has received a 25-year prison time. Her case emphasizes that even those who assist law enforcement may still face incarceration in cases involving large-scale fraud.
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Sam Bankman-Fried sentencedT
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September 15, 2024

Timing is Everything: FTX Founder Sam Bankman-Fried Fights Conviction as FTX Estate Sits on Billions!

Sam Bankman-Fried (SBF), the convicted former CEO of FTX, is seeking a new trial. He claims that the judge presiding over his case showed bias and repeatedly ridiculed him in front of the jury. His legal team argues that Judge Lewis A. Kaplan's conduct, including alleged disapproving facial expressions and frequent interruptions, violated SBF's constitutional rights to a fair trial. This appeal adds a new twist to the high-profile case surrounding the collapse of the crypto exchange FTX.
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September 12, 2024

Crypto Crime Case FTX: Caroline Ellison Seeks No Jail Time for Role in FTX Fraud

Caroline Ellison, a former top executive in the collapsed crypto exchange FTX and former girlfriend of FTX CEO Sam Bankman-Fried, is seeking no prison time at her sentencing later this month. The lawyers cited her immediate and extensive cooperation with U.S. authorities when FTX collapsed in November 2022 and noted that the court's Probation Department recommended that she serve no prison time.
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FTX Bankruptcy CaseS
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September 4, 2024

SEC and Bankrupt Crypto Exchange FTX in Dispute Over Repayment Plan

Bankrupt cryptocurrency exchange FTX has proposed a plan to repay its creditors using U.S. dollar-pegged stablecoins, aiming to distribute between $14.5 billion to $16.3 billion—about $5.3 billion more than the initial owed amount. However, the U.S. Securities and Exchange Commission (SEC) may oppose this plan and has indicated it reserves the right to challenge the proposed transactions, Benzinga reports.
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