Sam Bankman-Fried convicted, PayPal faces SEC subpoena, and other news: Hodler’s Digest, Oct. 19 – Nov. 4
Sam Bankman-Fried is found guilty of fraud, other crimes; PayPal
Read More
BankmanFried
Lawyer expects around 20 years of jail time for Sam Bankman-Fried
After 17 days, the fate of Sam Bankman-Fried, the founder and former CEO of FTX, hangs in the balance as his trial continues. The case has attracted a lot of attention from legal experts and observers, who have shared their varying opinions on the possible outcome. One such legal commenter is
Read More
FTX founder, Sam Bankman-fried, is guilty to all charges: crypto community reacts
In anticipation of the verdict of Sam Bankman-Fried (SBF), scheduled for March 28, 2024, the crypto community is abuzz, sharing their opinions on the trial of the disgraced founder of FTX, a defunct crypto exchange. The crypto markets fell after the verdict. However, losses were largely contained. Bitcoin (BTC), which has
Read More
FTX’s top lieutenants ‘will likely’ be sentenced after Sam Bankman-Fried: Bloomberg
Sam Bankman-Fried, the founder of FTX, has been found guilty on all seven counts in his fraud trial. According to experts, it is likely that his top allies, Caroline Ellison, Gary Wang, and Nishad Singh, will also be sentenced. However, they will likely get little or no prison time. Criminal defense lawyers and
Read More
Sam Bankman-Fried Verdict: The Crypto Industry Reacts
“I also think that, in a way, this verdict is a win for the crypto industry itself. After all, it was the industry (including crypto journalists) that discovered and exposed SBF’s wrongdoing, and certain market participants that were themselves harmed by FTX and Alameda testified in the case against SBF.
Read More
FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts
The current claim pricing of FTX has reached a maximum of 57%, according to data from Claims Market. The increase in FTX’s claim pricing is attributed to the valuation of the Artificial intelligence (AI) companies that the now-bankrupt crypto exchange previously invested in. Creditors stake their claims to try to recoup
Read More
First Mover Americas: Sam Bankman-Fried Guilty on All 7 Counts
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 3, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Read More
What’s next for the ‘crypto king’ Sam Bankman-Fried?
The former FTX CEO is headed back to prison and
Read More
Sam Bankman-Fried Prosecutor Promises ‘Handcuffs for All’ Crypto Crooks
Williams was on hand to watch some of the trial's highlights, including closing arguments and the reading of the verdict. He walked into the packed courtroom late Thursday wearing a tan peacoat and a tightly tailored suit. At times during the proceeding he smiled, including when Judge Lewis Kaplan discussed
Read More
Jury begins deliberation over Bankman-Fried verdict
On Nov. 2, Jury deliberation began in United States v Bankman-Fried over fraud allegations, conspiracy, and money laundering charges linked to FTX and Alameda’s collapse. The criminal trial for Sam Bankman-Fried over the multi-billion dollar collapse of FTX reached its climax on Nov. 2 following closing statements from prosecutors and the
Read More