Former FTX Chief Executive Sam Bankman-Fried. File. | Photo Credit: Reuters Sam Bankman-Fried, facing the prospect of spending much of his adult life behind bars, on April 11 appealed his conviction and 25-year prison sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded. Defence lawyer Marc Mukasey had announced … Read more
Sam Bankman-Fried, facing the prospect of spending much of his adult life behind bars, on Thursday appealed his conviction and 25-year prison sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded. Defense lawyer Marc Mukasey had announced plans for the appeal to the Manhattan-based 2nd U.S. Circuit Court of … Read more
Sam Bankman-Fried’s lawyers have complained that prosecutors at his fraud trial are portraying the FTX cryptocurrency exchange founder as a “cartoon of a villain”. (AP Photo/Seth Wenig, File) | Photo Credit: AP Sam Bankman-Fried’s lawyers have complained that prosecutors at his fraud trial are portraying the FTX cryptocurrency exchange founder as a “cartoon of a … Read more
Sam Bankman-Fried plans to drop his fight against extradition to the US to face a range of criminal charges, according to people familiar with the matter. The disgraced co-founder of crypto exchange FTX has been locked up in the Bahamas since last Monday when he was arrested at the request of American authorities. US prosecutors … Read more
The file photo was taken on February 09, 2022. Disgraced cryptocurrency tycoon Sam Bankman-Fried was arrested on December 12, 2022, in the Bahamas at the request of the United States, according to U.S. officials seeking to charge him after the spectacular collapse of his FTX platform. | Photo Credit: AFP The former CEO of failed … Read more