When the messaging app’s founder, Pavel Durov, was arrested, he received a flood of support from a multitrillion-dollar industry that relies on it.
Category: Bankman-Fried, Sam
FTX Customers Poised to Recover All Funds Lost in Collapse
Bankruptcy lawyers for FTX said that customers of the cryptocurrency exchange were set to get all their money back, plus interest.
Counting Inflation, the Stock Market May Have Hit a Peak
Robert Shiller, the Nobel laureate, says valuations adjusted for high inflation suggest stock returns for the next decade are likely to be modest.
Sam Bankman-Fried Seeks Lenient Sentence and to Appeal Conviction
Since the disgraced cryptocurrency mogul was convicted of fraud last year, his supporters have maneuvered to secure a lenient sentence and change the public narrative about his case.
The Hot New Market in Crypto? Trading FTX’s Carcass.
Investors are spending hundreds of millions of dollars on FTX bankruptcy claims, betting that the firm’s new leaders will recover the money that Sam Bankman-Fried misappropriated.
The Power Vacuum at the Top of the Crypto Industry
A year ago, Sam Bankman-Fried and Changpeng Zhao ran two of the largest crypto companies. As they grapple with legal woes, others are jockeying to lead the industry’s next chapter.
Sam Bankman-Fried Is Found Guilty of 7 Counts of Fraud and Conspiracy
The case against the founder of the failed FTX exchange had come to symbolize the excesses of the volatile cryptocurrency industry.
Sam Bankman-Fried Denies Knowing FTX Money Was Missing, as He Concludes Testimony
The founder of the FTX crypto exchange was grilled by a federal prosecutor for a second day, just before both sides rested their case in the criminal fraud trial.
Sam Bankman-Fried Testifies That He Made ‘Larger Mistakes’ at FTX
Speaking in his own defense at his criminal trial, the FTX founder denied he had committed fraud but acknowledged missteps that hurt the cryptocurrency exchange’s customers.
Crypto Influencers and ‘Degenerates’ Flock to Sam Bankman-Fried’s Trial
The presence of crypto YouTubers, podcasters and commentators at the FTX founder’s fraud trial has created something of a culture clash in the courtroom.