-
Sam Bankman-Fried Sentenced To 25 Years: Judge Points To Ambition, Political Manipulation
Thursday, March 28, 2024 - 12:10pm | 546In a dramatic conclusion to a months-long saga, Sam Bankman-Fried, the disgraced founder of crypto exchange FTX, was sentenced to 25 years in prison by Judge Lewis A. Kaplan on Thursday. As the digital asset industry continues to navigate its complex relationship with regulation and ethics, the...
-
Sam Bankman-Fried Sentencing Update: Defense Says He's Not A 'Ruthless Financial Serial Killer'
Thursday, March 28, 2024 - 11:05am | 471In a packed courtroom on Thursday, the legal saga of Sam Bankman-Fried, the embattled cryptocurrency mogul, took a dramatic turn as his defense team presented a heartfelt portrayal of their client, starkly contrasting the government’s accusations. As Benzinga’s Future of Digital Assets...
-
DOJ Urges Judge To Exclude Sam Bankman-Fried's Anthropic AI Investment Valuation In Trial
Monday, October 9, 2023 - 2:14pm | 592The U.S. Department of Justice (DOJ) has formally requested Judge Lewis Kaplan to prevent FTX (CRYPTO: FTT) founder Sam Bankman-Fried from discussing or introducing evidence related to the current value of his investment in Anthropic AI during his trial. The DOJ's move comes as it...
-
Judge Warns Bankman-Fried's Defense Team: Repetitive Questioning 'Needs To Be Curbed'
Friday, October 6, 2023 - 9:47am | 647Judge Lewis Kaplan's patience is wearing thin with the defense team representing FTX (CRYPTO: FTT) founder Sam Bankman-Fried. In just three days of the trial, Kaplan has expressed significant frustration with the defense's approach, particularly their repetitive and imprecise...
-
Bankman-Fried's Defense Team Says Remote Testimony From Ukrainian Customer Infringes On His Constitutional Rights
Tuesday, October 3, 2023 - 12:33pm | 480Amid FTX co-founder Sam Bankman-Fried's ongoing trial, his legal team submitted a letter to U.S. District Judge Lewis Kaplan vehemently opposing the government's motion to allow a Ukrainian customer to testify remotely, arguing that such testimony would...
-
Bankman-Fried's Lawyers Push For Temporary Release, Claim Incarceration Inhibits His Ability To Prepare For Trial
Monday, August 28, 2023 - 12:24pm | 588Lawyers representing Sam Bankman-Fried are pushing for a temporary release or, at a minimum a provision for him to consult with his legal team five times a week. Bankman-Fried's team argued his current incarceration hinders his ability to actively participate in his defense...
-
No Escape For FTX's Bankman-Fried As Judge Rejects Plea To Dismiss Charges
Tuesday, June 27, 2023 - 1:45pm | 426FTX co-founder Sam Bankman-Fried has been unsuccessful in his attempt to dismiss criminal charges against him. This comes after a federal judge overseeing his trial rejected his pretrial motions. Bankman-Fried, who is facing charges of wire fraud, bank fraud, operating an unlicensed money...