-
BankmanFried, billions, Business, crypto, customers, Disgraced, dollars, FTX, jailed, king, News, Sam, stealing, years
Sam Bankman-Fried: Disgraced ‘crypto king’ jailed for 25 years after stealing billions of dollars from FTX customers | Business News
admin
Disgraced crypto entrepreneur Sam Bankman-Fried has been sentenced to 25 years in prison after being convicted of stealing billions of dollars from his customers. He was the chief executive of FTX, which suddenly went bankrupt in November 2022 – leaving millions of users frozen out of their accounts and unable to make withdrawals. The 32-year-old…
-
BankmanFried, Caroline, crypto, Ellison, fallen, fraud, king, News, president, Sam, Science, Star, Tech, tells, trial, wanted, witness
Sam Bankman-Fried: Fallen crypto king wanted to be US president, star witness Caroline Ellison tells fraud trial | Science & Tech News
admin
A star witness has given evidence at the trial of fallen crypto entrepreneur Sam Bankman-Fried – telling the court he directed her to commit fraud. Caroline Ellison was the CEO of Alameda Research – a hedge fund linked to the doomed FTX exchange – and used to be the one-time billionaire’s girlfriend. She told the…
-
Who is Sam Bankman-Fried, the former ‘King of Crypto’ on trial for fraud? | Science & Tech News
admin
Sam Bankman-Fried, also known by the initials SBF, has tumbled from crypto king to courtroom defendant. The trial of the founder of the FTX cryptocurrency exchange is due to start on Tuesday 3 October. The fraud charges against him – which he denies – stem from the November 2022 collapse of his now-bankrupt business. But…
-
Sam Bankman-Fried: FTX founder and ‘crypto king’ has bail revoked for alleged witness tampering | US News
admin
Disgraced FTX founder Sam Bankman-Fried has had his $250m (£197m) bail revoked and has been sent to jail after alleged witness tampering. US District Judge Lewis Kaplan made the decision after prosecutors said Bankman-Fried had tried to harass a key witness in his fraud case last month. The 31-year-old was charged with defrauding investors in…
-
Twitter accused of being behind on rent once again – and this time, it involves King Charles | Science & Tech News
admin
Twitter is being sued by the Crown Estate amid allegations of unpaid rent at its London headquarters. The Crown Estate, which manages a property portfolio belonging to the monarchy, filed a case at the High Court last week. Twitter’s office is based near Piccadilly Circus in central London – but reports have suggested that the…
-
250m, bail, BankmanFried, crypto, Disgraced, history, king, Largest, News, pretrial, released, Sam, Science, Tech
Disgraced ‘crypto king’ Sam Bankman-Fried released on $250m bail – the largest in pre-trial history | Science & Tech News
admin
Disgraced cryptocurrency tycoon Sam Bankman-Fried has been released on a $250m (£208m) bond package as he awaits fraud charges – the largest ever pretrial bond in history. The bond was signed by his parents who agreed to keep him under house arrest at their home in Palo Alto, California while he awaits trial. Federal prosecutors…