Talks about Sam Bankman-Fried (SBF), the former CEO of the defunct crypto exchange FTX, have picked up steam ahead of his sentencing on March 28. The primary discussion has been the number of years the defendant could get, with his lawyers recently arguing that the prosecution’s proposed sentence of 50 years is unfair. Sam Bankman-Fried […]
A recent court filing revealed plans that the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), had drafted to ensure he avoids jail term. SBF, whose sentencing comes up on March 28, faces the possibility of spending up to 100 years locked behind bars. How Bankman-Fried Intended To Avoid Prison As part […]
A group of FTX investors have instituted a proposed class action against US law firm Sullivan & Cromwell for their role in the bankrupt crypto exchange’s fraud against its customers. The law firm is known to have worked for the crypto exchange during its rise to prominence, and now the plaintiffs argue that they are […]
Sam Bankman-Fried Cites Autism Disorder As Reason To Avoid 100 Years In Prison | Bitcoinist.com
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In a high-profile case that has garnered considerable attention, Sam Bankman-Fried, the disgraced CEO of the now-bankrupt FTX crypto exchange, is seeking a lighter sentence, citing his autism spectrum disorder. Bankman-Fried’s lawyers argue that his condition makes him “uniquely vulnerable” in a prison environment and should result in a reduced sentence of five to six […]
The lawyers of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), have proposed to the court how many years their client should spend in prison. As part of the argument, the legal experts explained why SBF should not get the statutory maximum sentence of over 100 years. According to the court […]
FTX-Linked Billionaire Joe Lewis Pleads Guilty To 19 Fraud Charges In The US | Bitcoinist.com
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In a significant development, billionaire Joe Lewis, formerly associated with bankrupt crypto exchange FTX and known for owning a Premier League football club, has pleaded guilty to 19 fraud charges related to insider trading in the United States. Lewis, who had sold over $76 million worth of property in the Bahamas to Sam Bankman-Fried, the […]
Pro-Bitcoin presidential candidate Robert F. Kennedy Jr. has weighed in on what could be the reason behind the US government dropping six charges against FTX founder Sam Bankman-Fried (SBF). The politician suggested that there could be other motivations for this decision besides the reason that the prosecutors gave. Corruption Could Be Reason Behind Dropped Charges […]
The founding partner of the news platform Puck, William Cohan, recently had a conversation with Michael Lewis, the author of “Going Infinite,” a book about the convicted Sam Bankman-Fried (SBF). During the talk, Lewis shared more thoughts on SBF’s life and made some interesting revelations. How Sam Bankman-Fried Wanted To Pay Off Trump In a […]
The former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), will have to remain in jail pending his sentencing and a possible appeal. This comes after the court recently ruled on his request for bail. Court Upholds Sam Bankman-Fried’s Bail Revocation In a mandate dated November 21, the Appellate Court once again upheld […]
Sam Bankman-Fried’s (SBF) sentencing is slated for March 28, 2024, with the defendant facing up to 110 years after being convicted of all seven charges leveled against him. In line with this, some legal experts have weighed in, explaining why the former FTX CEO could get a shorter sentence and factors that could also affect […]
Despite being recently convicted, the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), still faces the possibility of further hearings in the court as his legal woes are far from over. Sam Bankman-Fried Still Faces Actions From Regulators Back in December 2022, the Prosecutors for the US Southern District of New York […]
The jury in the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), gave its verdict on November 2 in what signals the beginning of the end for the one-time billionaire who faces a long prison term following his conviction. Sam Bankman-Fried Guilty Of All Seven Charges The members of […]