December 13, 2022
FTX founder Sam Bankman-Fried's past proclamations of ignorance won't offer much of a defense against an avalanche of fraud and conspiracy charges announced Tuesday, according to outside attorneys who say he might be wise to consider negotiating a plea.
December 13, 2022
Prosecutors unveiled an indictment Tuesday charging disgraced FTX founder Sam Bankman-Fried with a multiyear scheme to siphon billions of dollars out of the now-collapsed crypto exchange, in what the Manhattan U.S. Attorney called "one of the biggest financial frauds in American history."
December 12, 2022
Disgraced former cryptocurrency billionaire and FTX founder Sam Bankman-Fried was arrested Monday in the Bahamas at the request of U.S. prosecutors, according to officials in both governments.