Sam Bankman-Fried

Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud

FTX founder Sam Bankman-Fried was sentenced to 25 years for fraud involving $8 billion US dollars, marking his dramatic downfall from billionaire status.

 am Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, U.S., August 11, 2023.
 am Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, U.S., August 11, 2023.

Sam Bankman-Fried heads for trial on charges of stealing billions from FTX users

 Former US President and Republican presidential candidate Donald Trump speaks during a campaign rally in Windham, New Hampshire, US, August 8, 2023. 

Donald Trump wanted $5 billion from Bankman-Fried not to run for US president

 Sam Bankman-Fried, the founder and former CEO of crypto currency exchange FTX, is escorted out of the Magistrate Court building in Nassau, Bahamas December 21, 2022.

Sam Bankman-Fried asks judge for suits to wear at trial


Bankman-Fried loses bid to get out of jail, appeals court will hear case

US District Judge Lewis Kaplan on Aug. 11 revoked Bankman-Fried's $250 million bail after finding that the former billionaire likely tampered with witnesses at least twice.

 Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January 3, 2023.

Bankman-Fried used stolen money to support Dems, Republicans - US

Bankman-Fried rode a boom in cryptocurrency values to amass a fortune that was once estimated at $26 billion, and became an influential donor to mostly Democratic candidates and causes.

 Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January 3, 2023.

FTX's Bankman-Fried headed for jail over alleged witness tampering

Judge Lewis Kaplan's decision to jail the 31-year-old former billionaire ahead of his Oct. 2 fraud trial over FTX's November 2022 collapse came after prosecutors said he had "crossed a line."

 Sam Bankman-Fried, the founder and former CEO of crypto currency exchange FTX, is escorted out of the Magistrate Court building in Nassau, Bahamas December 21, 2022.

Sam Bankman-Fried must be jailed, is intimidating witnesses, prosecutors say

"What the defendant may not do... is seek to corruptly influence witnesses and interfere with a fair trial through attempted public harassment and shaming," prosecutors said.

 Sam Bankman-Fried, the founder and former CEO of crypto currency exchange FTX, is escorted out of the Magistrate Court building in Nassau, Bahamas December 21, 2022.

US wants FTX's Sam Bankman-Fried jailed pending trial

The purpose of Wednesday's hearing was in part to consider what Kaplan called "the adequacy and continuation of the current bail conditions."

 Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January 3, 2023.

Prosecutors accuse FTX's Bankman-Fried of witness tampering

The prosecutors argued that Bankman-Fried was trying to malign Ellison's credibility, and that such conduct could chill witnesses from testifying and taint the jury pool.

 Sam Bankman-Fried, the founder and former CEO of crypto currency exchange FTX, is escorted out of the Magistrate Court building in Nassau, Bahamas December 21, 2022.

FTX's Bankman-Fried charged with $40 million bribe to Chinese officials

The indictment said Bankman-Fried ordered the $40 million cryptocurrency payment to a private wallet from Alameda's main trading account, to persuade Chinese authorities to unfreezeAlameda accounts

 Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January 3, 2023.

Bankman-Fried, others made more than 300 illegal political donations, new indictment says

Bankman-Fried was previously hit with eight counts of fraud, money laundering and other charges over the collapse of the now-bankrupt exchange.

 Sam Bankman-Fried, the founder and former CEO of crypto currency exchange FTX, is escorted out of the Magistrate Court building in Nassau, Bahamas December 21, 2022.

People who posted Sam Bankman-Fried's bail should be named, US judge rules

Bankman-Fried has been confined at his parents' home in California, after pleading not guilty to fraud for allegedly looting billions of FTX customer dollars.

 Sam Bankman-Fried, the founder and former CEO of crypto currency exchange FTX, is escorted out of the Magistrate Court building in Nassau, Bahamas December 21, 2022.

'I didn't steal funds,' Sam Bankman-Fried says in unusual post-arrest blog post

Sam Bankman-Fried, former CEO of bankrupted FTX, has shared his side of the crypto-drama in an unusual blog post.

 Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January 3, 2023.

FTX's Sam Bankman-Fried pleads not guilty in crypto fraud case

Once hailed as the Jewish king of cryptocurrency, the 30-year-old entrepreneur known as SBF pleaded not guilty to criminal charges on Tuesday as as he faces up to 115 years in prison.

 Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January 3, 2023.