Sam Bankman-Fried Will Not Face a Second Trial January 2, 2024 By Jonathan Stempel U.S. prosecutors said they do not plan to conduct a second trial against Sam Bankman-Fried, who was convicted last month...
SEC Says Its Binance Case Should Advance Despite DOJ Settlement December 12, 2023 By Chris Strohm The Securities and Exchange Commission says Binance Holdings Ltd.’s recent $4.3 billion settlement with the Justice Department and other US...
Crypto Exchange HTX Hit by $258M Outflow After Major Hack December 11, 2023 By Sidhartha Shukla The HTX exchange, a digital-asset trading platform linked to China-born industry mogul Justin Sun, has suffered a $258 million net...
Binance Was Used to Funnel Money to Hamas, Other Militant Groups November 22, 2023 By Allyson Versprille In February 2019, Binance Holdings Ltd.’s then-Chief Compliance Officer Samuel Lim acknowledged that the cryptocurrency exchange was being used to...
US Is Seeking More Than $4 Billion From Binance to End Case November 21, 2023 By Chris Strohm, Allyson Versprille and Olga Kharif The US Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a proposed resolution...
FTX Investors Shift Focus to Celebrity Endorsers After SBF Conviction November 7, 2023 By Malathi Nayak Sam Bankman-Fried’s criminal fraud conviction came just as the FTX implosion was approaching its first anniversary. But for others who...
Ex-Crypto Mogul Sam Bankman-Fried Convicted of Multi-Billion Dollar FTX Fraud November 3, 2023 By Luc Cohen and Jody Godoy FTX founder Sam Bankman-Fried was found guilty Nov. 2 of stealing from customers of his now-bankrupt cryptocurrency exchange in one...
Bankman-Fried Acknowledges ‘Mistakes’ But Testifies He Did Not Defraud Anyone October 27, 2023 By Jody Godoy and Luc Cohen Sam Bankman-Fried, testifying in his own defense at his fraud trial on Friday, acknowledged that a “lot of people got...
Bankman-Fried Could Take Stand at Fraud Trial Over FTX Collapse October 26, 2023 By Luc Cohen Sam Bankman-Fried could take the stand at his fraud trial as soon as Thursday, when prosecutors are set to finish...
Sam Bankman-Fried’s Lawyer Says FTX Investments Were Not ‘Reckless’ October 18, 2023 By Luc Cohen FTX founder Sam Bankman-Fried’s lawyer on Tuesday said the now-bankrupt cryptocurrency exchange’s investments were not “reckless and frivolous,” pushing back...