-
Parent Of FTX Victim Who Lost $130K Recommends Six-Year Sentence For Sam Bankman-Fried, Countering DOJ's 40-50 Years
Thursday, March 28, 2024 - 6:23am | 647In the latest development in the FTX bankruptcy case, the parent of a victim who lost $130,000 has appealed to the judge for leniency in sentencing Sam Bankman-Fried, the former CEO of the collapsed crypto exchange, FTX. What Happened: Heather Ferguson, whose son lost around $130,000 in the FTX...
-
Behind Bars, But Still Connected: Bankman-Fried Permitted To Surf These Websites
Thursday, March 30, 2023 - 12:06pm | 301U.S. prosecutors and lawyers are allowing FTX founder and former CEO Sam Bankman-Fried access to a limited number of websites on a specially configured laptop. Among the approved sites are Amazon, the Wall Street Journal, the New York Times, Decrypt, CoinDesk, Netflix, Spotify, DoorDash, Uber Eats...
-
No More Surfing: Sam Bankman-Fried Agrees To Restrictive Bail Conditions In Wire Fraud And Money Laundering Case
Tuesday, March 28, 2023 - 3:11pm | 286Attorneys representing FTX founder Sam Bankman-Fried have reached a consensus on updated bail terms with U.S. prosecutors, as disclosed in legal documents filed on Monday. District Judge Lewis Kaplan of the Southern District of New York is set to review the proposed conditions, which include...
-
FTX Founder Sam Bankman-Fried Accused Of Bribing Chinese Officials With $40M In New Indictment
Tuesday, March 28, 2023 - 12:08pm | 401U.S. prosecutors on Tuesday revealed a new indictment against Sam Bankman-Fried, accusing the founder of the now-bankrupt FTX cryptocurrency exchange of conspiring to bribe Chinese government officials with $40 million in payments. Bankman-Fried directed the payment to unfreeze accounts belonging...
-
Flip It And Restrict It: FTX Founder Sam Bankman-Fried's Bail Conditions Include Non-Internet Connected Phone
Saturday, March 4, 2023 - 4:22pm | 315An attorney for the U.S. Department of Justice has proposed that Sam Bankman-Fried should have restricted access to the internet as part of his bail conditions, according to recent court filings. Bankman-Fried is the founder of FTX, a bankrupt cryptocurrency exchange, and is facing charges of...