[Mar 29, 2024 4:00 AM] Sam Bankman-Fried is going to prison. He won't be spending time in a maximum security facility, and he'll be placed as close to his family in the San Francisco Bay Area as possible, but he's going to prison nonetheless – and he'll be there for the…
[Mar 27, 2024 4:00 AM] Sam Bankman-Fried will find out this week if he is potentially facing decades in prison. Judge Lewis Kaplan is set to sentence him for his conviction last year on two fraud charges and five conspiracy charges tied to the operation and collapse of…
[Nov 9, 2023 5:00 AM] We weren't really sure if it was the last day or not. The jury determining Sam Bankman-Fried's fate had begun deliberating the charges just a few hours before, after Judge Lewis Kaplan had spent much of the morning and some time after lunch reading…
[Nov 7, 2023 5:00 AM] The story of "United States v. Sam Bankman-Fried" isn't quite over yet. Now that he's been found guilty on seven different charges, a few different things are going to happen.
[Nov 3, 2023 4:00 AM] Twelve jurors spent less than five hours deciding the facts. They asked for portions of transcripts from Paradigm's Matt Huang and Third Point's Robert Boroujerdi testimony, as well as highlighters and Post-it Notes, and when they didn't…
[Nov 2, 2023 4:00 AM] Is Sam Bankman-Fried going to prison? Five weeks into his criminal trial, 12 randomly selected New Yorkers are preparing to discuss among themselves whether they believe he violated federal law or not.
[Nov 1, 2023 4:00 AM] More than 60 people lined up to watch Sam Bankman-Fried's fourth day of testimony, filling the single overflow room to the point extra chairs were set against the walls for some of the audience members.
[Oct 31, 2023 4:00 AM] An observation from sleep-deprived day 15 of Sam Bankman-Fried’s criminal trial: prosecutors embrace the inevitable outcome of male pattern baldness; defense lawyers don’t.
[Oct 30, 2023 4:00 AM] Sam didn't do it. He didn't defraud anyone, he didn't steal customer funds – he just built a company which "turned out basically the opposite" of the product he envisioned when he founded FTX: "A lot of people got hurt – customers, employees – and
[Oct 27, 2023 4:00 AM] Sam Bankman-Fried began his testimony like the brilliant former golden boy from crypto’s better days. He ended the longest, strangest, most torturous day yet of his criminal trial more imperiled than ever before.
[Oct 25, 2023 4:00 AM] Sam Bankman-Fried's defense presentation won't kick off until later this week, but it's already clear his defense may hinge on one key witness: himself. That's according to Kevin O’Brien, a partner at Ford O'Brien LLP and a former assistant U.S…
[Oct 23, 2023 4:00 AM] To get a courtroom seat, you gotta show up early: at least 7:30 a.m. The overflow room is more relaxed, but there’s no Sam, just his televised image.
[Oct 20, 2023 4:00 AM] It's fall break! Thursday ended early after just two witnesses – former FTX General Counsel Can Sun and Third Point's Robert Boroujerdi – testified briefly. We won't be back in the courthouse at 500 Pearl Street until next Thursday, Oct. 26, when…
[Oct 19, 2023 4:00 AM] We’ve entered the soul-sucking phase of Sam Bankman-Fried’s month-long criminal trial. The part where an antsy Judge Lewis Kaplan paces and glares – and then lashes out at prosecutors (and also defense lawyers) for wasting everyone’s time.
[Oct 18, 2023 4:00 AM] All three of Sam Bankman-Fried’s “inner circle” members have now testified against the FTX founder, and all three have presented similarly on the witness stand: clearly rehearsed, adamant that the FTX founder was in charge and careful not to stray
[Oct 17, 2023 4:00 AM] Nishad Singh told a jury on Monday that his September meeting with Bankman-Fired was the first time he realized that Alameda, FTX’s sister trading firm, had spent billions of dollars of FTX user deposits, and had left a gaping hole in both…
[Oct 16, 2023 4:00 AM] A filing last week suggests Sam Bankman-Fried's defense wants to get back to the argument that Bankman-Fried did not technically commit wire fraud because FTX’s terms of service were worded in such a way that there's no case to argue funds were…
[Oct 11, 2023 4:00 AM] The testimony of Caroline Ellison, the former business, romantic – and by her estimation, criminal – partner of Sam Bankman-Fried, whom she identified upon prosecutors’ request – began in the vaguest of ways.
[Oct 10, 2023 4:00 AM] FTX co-founder and former Chief Technology Officer Gary Wang began testifying in earnest last Friday in Sam Bankman-Fried’s trial. Later on Tuesday, Caroline Ellison is expected to take the stand.
[Oct 9, 2023 4:00 AM] The trial has started off strong for the Department of Justice. Some expected the DOJ to bring its most important witnesses – namely Sam Bankman-Fried’s former inner circle – toward the end of the trial – but oh how wrong we were.
[Oct 6, 2023 4:00 AM] It could take six weeks for prosecutors to make their case against Sam Bankman-Fried. But only three days were needed for the judge overseeing his trial to lose patience with the former crypto chief’s defense team.
[Oct 5, 2023 4:00 AM] A Parisian cocoa trader told Sam Bankman-Fried’s trial jury that pricey ads and FTX’s confident CEO helped convince him the crypto exchange was a safe place to deposit over $100,000 so he could trade cryptocurrencies – but he never expected that…
[Oct 4, 2023 4:00 AM] Sam Bankman-Fried had a grin on his face as he entered court on Tuesday morning – clad in a black suit and an uncharacteristically tame (read: closely trimmed) mop of hair. After nine long months, the disgraced crypto founder will finally have the…
[Oct 3, 2023 4:00 AM] We may not know for weeks whether Sam Bankman-Fried will take the stand at his own trial. He may want the chance to explain himself to the jury, but his lawyers are surely wary of the withering cross-examination such a tactic would invite. No…
[Oct 2, 2023 4:00 AM] It is officially trial week, everyone – or as Bloomberg’s Joe Weisenthal would likely put it, “this is why we get up in the morning.” It’s been exactly nine months and 20 days since Sam Bankman-Fried got arrested in his then-home in the Bahamas
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