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FTX founder and former CEO Sam Bankman-Fried (SBF) is seeking to have up to 10 criminal charges against him dismissed in court, arguing for several counts that there has been a failure to state an offense. According to court documents filed in the southern district court of New York on May
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The SkyBridge founder walked in on a “war room” when he traveled to talk face to face with the now-disgraced Bankman-Fried as the exchange unraveled. Source
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FTX Debtors said on April 9 that it had released a report that “identifies and discusses control failures” by Sam Bankman-Fried and his colleagues when they ran the collapsed cryptocurrency exchange. John Ray, the CEO of the FTX Debtors, said the FTX Group “was tightly controlled by a small group
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A new report from the failed crypto exchange FTX’s current leadership says that former FTX US President Brett Harrison resigned last September partly because of a “protracted disagreement” with CEO Sam Bankman-Fried and members of his inner circle. Source
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Federal prosecutors also took time at Thursday's hearing to discuss their progress reviewing the contents of seven electronic devices produced by Bankman-Fried. Prosecutors told the judge the process was going slower than expected due to the size of the devices and the amount of information. So far, approximately 6 million
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Lawyers for former FTX chief executive officer Sam Bankman-Fried have entered a not guilty plea for five additional charges since his December 2022 arraignment, including allegations of bribery.According to multiple reports, Bankman-Fried pleaded not guilty in United States District Court for the Southern District of New York to four charges
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Following his arrest in December, Bankman-Fried is on bail residing at his parents' home in Palo Alto, California, following a $250 million bond. As part of the conditions of his bail, he has been given a new phone without internet access and a new laptop that can only access approved
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Sam Bankman-Fried (SBF), the founder of fallen crypto exchange FTX, has been paying for his legal defense with millions of dollars that he allegedly gave to his father using money from Alameda Research. The multi-million dollar donation financed by an Alameda loan was handed to SBF’s father, Joseph Bankman, a Stanford
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According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading
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Former FTX chief executive officer Sam Bankman-Fried, also known as SBF, is reportedly funding the legal team defending him against federal charges with millions of dollars he gifted his father from Alameda Research.According to a March 29 Forbes report citing sources with “operational knowledge” of FTX and Alameda, in 2021
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