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Is the Sam Bankman-Fried Story Over?

[Apr 9 8:30 PM] Last month, I attended Sam Bankman-Fried's sentencing hearing. Not that anyone asked, but I have some thoughts.

Sam Bankman-Fried Expresses Remorse for His Actions After Getting a 25-Year Prison Sentence

[Apr 1 11:19 PM] FTX founder and former CEO Sam Bankman-Fried has said "of course" he is remorseful for his actions after he was sentenced to 25 years in prison for fraud last week.

Sam Bankman-Fried Sentenced to 25 Years in Prison

[Mar 28 7:30 AM] SBF returned to a federal courthouse in Manhattan for sentencing on Thursday.

Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report

[Mar 22 3:56 PM] FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources.

U.S. Government's Legal Precedents Don't Support Lengthy Prison Term, Bankman-Fried's Defense Argues

[Mar 21 9:43 PM] Sam Bankman-Fried's lawyers have pushed back against the U.S. government's sentencing memo which makes the case for why it thinks the former FTX CEO should be handed a sentence in the range of 40-50 years, a court filing on Wednesday shows.

Crypto Lender Genesis Requests US Bankruptcy Court to Approve ‘Settlement Principle’

[Mar 20 2:30 PM] The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 28. According to an update, if the court approves the settlement, Genesis Earn users will receive all…

DOJ's Proposed 50-Year Sentence for Sam Bankman-Fried 'Disturbing,' FTX Founder's Lawyers Say

[Mar 19 7:12 PM] Sam Bankman-Fried's defense team pushed back against what it called the "disturbing" sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the FTX founder out to be someone he was not.

BlockFi Settles With FTX, Alameda Estates for $874.5M

[Mar 6 5:26 PM] The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan.

Sam Bankman-Fried Asks for 6.5 Year Prison Term After Conviction in FTX Collapse

[Feb 28 12:19 AM] Former FTX boss Sam Bankman-Fried (SBF), found guilty of fraud last year and due to be sentenced next month, has asked the court for a 'just' sentence of 63 to 78 months, according to a court filing submitted Tuesday.

FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules

[Feb 23 12:17 AM] The FTX bankruptcy estate has been granted approval to sell its stake in artificial intelligence (AI) startup Anthropic, court filings from Thursday show.

Sam Bankman-Fried Replaces Lawyers Ahead of Sentencing

[Feb 21 2:28 PM] Sam Bankman-Fried replaced his former lawyers, Mark Cohen and Christian Everdale, as he’s headed into sentencing negotiations.

Deltec Bank Accused of Secretly Extending a $2 Billion Credit Line to Alameda Research

[Feb 20 7:30 AM] Deltec Bank and Trust Ltd, based in The Bahamas, stands accused of covertly extending a $2 billion line of credit to Alameda Research. A lawsuit, filed by those who claim to be victims of Sam Bankman-Fried, accused Deltec of granting a three-day…

Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source

[Feb 5 1:57 PM] Positive news around the FTX bankruptcy has seen claims being sold for upward of 70 cents on the dollar, now climbing towards the eighties.

FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange

[Feb 1 4:59 PM] The federal indictment doesn't identify Sam Bankman-Fried's FTX as the pilfered company, but Bloomberg reported that's who it was.

Larry David Calls Himself an 'Idiot' for Doing Infamous FTX Super Bowl Ad

[Feb 1 11:00 AM] Sam Bankman-Fried's cryptocurrency exchange infamously collapsed months after the commercial.

FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

[Jan 31 10:20 AM] Its FTT token surged nearly 11% after the news.

Sam Bankman-Fried's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to Recover Funds

[Jan 17 12:55 AM] Joseph Bankman and Barbara Fried, the parents of Sam Bankman-Fried, have asked a court to dismiss a lawsuit by the bankrupt cryptocurrency exchange FTX seeking to recover funds it alleges were fraudulently transferred.

Judge Denies Sam Bankman-Fried Request for a Longer Sentencing Process

[Dec 20, 2023 11:50 AM] Bankman-Fried's defense team asked for a four to six week extension for his sentencing scheduled in late March, citing a possible second trial that may begin earlier in the month.

FTX's Bahamas Wing Reaches Agreement With U.S. Bankruptcy Team, Streamlining Future Actions

[Dec 19, 2023 10:18 AM] This deal will pave the way for assets to be be pooled and distributed to FTX.com customers.

Galaxy Digital Looking to Buy More Crypto Bankruptcy Assets After Deal to Sell FTX's Coins: FT

[Dec 18, 2023 10:54 AM] Mike Novogratz's firm is also interested in companies FTX invested in as a venture capital provider.

FTX Files Reorganization Plan to End Bankruptcy

[Dec 18, 2023 3:36 AM] Asset values for creditor claims will be calculated at prices on the day FTX filed for bankruptcy in November 2022, the plan says.

CFTC Pushes FTX-Inspired Rule to Protect Customers' Money

[Dec 13, 2023 4:33 PM]

FTX And IRS Lock Horns Over $24 Billion Tax Bill, FTT’s Key Support Wavers

[Dec 12, 2023 7:00 PM] In a striking turn of events, the Internal Revenue Service (IRS) in the United States has presented a staggering tax bill of $24 billion against the bankrupt cryptocurrency exchange FTX.  FTX Challenges IRS’s $24 Billion Tax Bill According to…

Ian Allison's Giant Sam Bankman-Fried Scoop Won Accolades in 2023

[Dec 4, 2023 7:23 AM] The CoinDesk reporter belongs in the journalism hall of fame since there's little, if any, precedent for the waves his story on Alameda Research and FTX stirred up.

Caroline Ellison Buried Sam Bankman-Fried

[Dec 4, 2023 7:10 AM] The former Alameda Research CEO gave damning testimony in the fraud trial of her former boyfriend, Sam Bankman-Fried, making her one of CoinDesk's Most Influential in 2023.

Disgraced FTX Co-Founder Placed On Suicide Watch In Prison, Reveals Former Inmate

[Dec 1, 2023 3:00 PM] Sam Bankman-Fried, the co-founder of the FTX crypto exchange, who was recently found guilty of multiple counts of criminal fraud, reportedly faced a harrowing experience while incarcerated.  According to a former mobster turned federal informant…

Binance Compliance Officer Under Scrutiny For FTX, Gemini, And Sex Trafficker Associations

[Nov 28, 2023 8:00 PM] In a recent investigative report by the media outlet Unlimited Hangout, serious allegations were made against Noah Perlman, the chief compliance officer of Binance.  The report highlights Perlman’s alleged ties to the collapse of FTX, the…

From Crypto To Catch: Disgraced FTX Founder Turns To Trading Fish In Prison

[Nov 23, 2023 4:30 PM] According to a report by Business Insider, Sam Bankman-Fried (SBF), co-founder and former CEO of FTX, has adapted to the economic system of New York’s Metropolitan Detention Center (MDC), where he is currently awaiting sentencing on multiple…

Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial

[Nov 16, 2023 12:05 PM] Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX.

FTX Sues Bybit to Claw Back $953M in 'Misappropriated Funds'

[Nov 13, 2023 10:48 AM] The FTX estate says the funds were "preferentially" or "fraudulently" transferred to Bybit and affiliates in the lead-up to its November 2022, bankruptcy filing.