USA v. BANKMAN-FRIED
Case Number:
1:22-cr-00673
Court:
Nature of Suit:
Judge:
Firms
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October 05, 2023
Feds Take Aim At FTX Jets As BlockFi Presses Ch. 11 Claims
The U.S. Justice Department has moved to further clip accused FTX crypto-fraudster Sam Bankman-Fried's wings, seeking forfeiture of two multi-passenger corporate jets as his criminal trial continues in New York and negotiations continue over his bankrupt cryptocurrency empire in Delaware.
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October 05, 2023
COVERAGE RECAP: Day 3 Of Sam Bankman-Fried's Trial
Law360 reporters are providing live updates on the fraud trial of FTX Trading Ltd. founder Sam Bankman-Fried. Here's a recap of day three.
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October 04, 2023
Atty Says Bankman-Fried's No 'Bad Guy' As FTX Trial Opens
A lawyer for Sam Bankman-Fried insisted on the first day of trial Wednesday that the FTX founder never intended to steal customer money, telling a New York federal jury that prosecutors have taken good-faith business practices "out of context to make Sam look like a bad guy."
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October 04, 2023
COVERAGE RECAP: Day 2 Of Sam Bankman-Fried's Trial
Law360 reporters are providing live coverage of the fraud trial of FTX Trading Ltd. founder Sam Bankman-Fried in Manhattan. Here's a recap of day two.
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October 03, 2023
Long Before FTX, Criminal Cases Have Complicated Ch. 11
As the criminal trial of Sam Bankman-Fried gets underway, his now-bankrupt cryptocurrency exchange FTX will travel a path carved by past fraud cases like Enron, Adelphia and the Bernie Madoff Ponzi scheme, each of which left a mark on bankruptcy history.
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October 03, 2023
A Guilty Verdict For SBF Could Put FTX In Line For Restitution
As Sam Bankman-Fried goes on trial this week, bankrupt cryptocurrency exchange FTX Trading will have to get in line with other creditors to recover on claims against its founder if he is found guilty on charges that he defrauded the business.
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October 03, 2023
Bankman-Fried Declined Plea Talks, Feds Say Amid Jury Picks
A Manhattan federal judge waded through jury selection Tuesday in FTX founder Sam Bankman-Fried's trial on charges of looting billions of dollars from the fallen crypto exchange, after a prosecutor said no substantive plea talks were ever held.
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October 03, 2023
Meet The FTX Insiders Who Could Seal Bankman-Fried's Fate
With the trial of Sam Bankman-Fried getting underway Tuesday in Manhattan federal court, three members of the FTX founder's inner circle will soon testify about his alleged scheme to drain billions from the crypto exchange. Here, Law360 looks at the key cooperators preparing to take the witness stand during the government's case-in-chief.
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October 03, 2023
Bankman-Fried Sues Excess Insurer For Legal Costs
A day before his fraud trial began Tuesday in New York federal court, FTX founder Sam Bankman-Fried filed suit against his excess insurer Continental Casualty Co., claiming that the firm has improperly refused to cover his defense costs.
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October 03, 2023
Sullivan & Cromwell, Fenwick Draw Scrutiny In FTX Debacle
Before his Bahama-based crypto exchange went down in flames, FTX founder and former CEO Sam Bankman-Fried contends that when he visited New York, he would sometimes work out of Sullivan & Cromwell LLP's offices.