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The Latest Breaking News from FTX

Fallen Crypto Tycoon Bankman-Fried Gets 25-year Sentence

US District Judge Lewis Kaplan said the defendant, who became known by his initials "SBF," had shown no "real remorse."

Latin Times

Friday briefing: One year on from the Guardian’s look at its historic connections to slavery

In today’s newsletter: What the Legacies of Engagement programme has achieved in its first year – and what’s still to do

The Guardian - UK

FTX Co-Founder Sam Bankman-Fried Sentenced To 25 Years

Learn about the downfall of Sam Bankman-Fried, co-founder of FTX, due to financial misconduct, resulting in a 25-year prison sentence.

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Fallen Crypto Tycoon Sam Bankman-Fried Gets 25-Year Sentence

US District Judge Lewis Kaplan said the defendant, who became known by his initials "SBF," had shown no "real remorse," even in his final pre-sentencing remarks in which the former billionaire rued "a series of bad decisions" but did not acknowledge knowingly violating financial laws.

International Business Times

FTX Co-Founder Sam Bankman-Fried Gets 25 Years For Fraud

He was convicted of charges including wire fraud, conspiracy to commit money laundering, and using customer funds for personal expenses such as real estate and political donations.

International Business Times

Inside the sentencing hearing of FTX founder Sam Bankman-Fried

The disgraced mogul will likely be behind bars for decades.

Axios

Furious judge sentences SBF to 25 years

"He knew it was wrong. He knew it was criminal," Judge Lewis Kaplan said of the convicted crypto fraudster

Salon

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Sam Bankman-Fried sentenced to 25 years in prison after FTX collapse

“There is a risk that this man will be in a position to do something very bad in the future,” the judge said

Evening Standard

FTX timeline: Behind crypto mogul SBF's meteoric rise and fall

U.S. prosecutors are seeking 40 to 50 years in prison for Bankman-Fried.

Axios

Sam Bankman-Fried is going to prison. The crypto industry isn’t any better for it

There have been no changes since the ex-mogul’s conviction as lawmakers fail to pass regulations to protect the public

The Guardian - US

‘He knew it was wrong’: Sam Bankman-Fried sentenced to 25 years in prison over FTX fraud

Judge orders disgraced crypto mogul to forfeit $11bn in assets and says he showed no remorse for his crimes

The Guardian - US

Prosecutor Accuses FTX CEO Of Stealing Billion

FTX founder accused of stealing billion in customer funds, raising concerns about cryptocurrency exchange's integrity.

Top News

Judge Finds Losses Exceeding 0 Million In Bankman-Fried Case

Judge Kaplan determines 0 million loss in Bankman-Fried's crimes, with skepticism on full FTX customer reimbursement.

Top News

Hype Machine by Joshua Oliver review: terribly timed but it captures the vibes-based world of crypto

There were plenty of good moments, the past year and a half, to publish an analysis of why crypto crashed in 2022. The week (of March 11) Bitcoin prices rose to all-time records isn’t one of them.

Evening Standard

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Timeline Of Events: FTX Founder's Conviction

Explore the timeline leading to FTX founder Sam Bankman-Fried's conviction for financial fraud and insider trading, highlighting the importance of transpar...

The Guardian - US

Sam Bankman-Fried will appeal his 25-year sentence – as it happened

Sentence for former CEO of now-bankrupt FTX cryptocurrency exchange is lower than the 40-50 years prosecutors asked for

WEKU

Sam Bankman-Fried sentenced to 25 years in prison for his FTX crimes

The sentence marks a stunning fall for the 32-year-old former crypto executive who was once seen as the future of finance.

The Guardian - UK

Sam Bankman-Fried will grow old in jail. But don’t forget those who basked in his orbit

If the high-rollers surrounding the disgraced FTX founder had any qualms about taking his money, they didn’t show it, says the Guardian columnist Aditya Chakrabortty

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Former Crypto Mogul Faces Potential Decades In Prison

Former crypto mogul Sam Bankman-Fried faces sentencing for fraud and conspiracy in FTX collapse, with contrasting prison term recommendations.

International Business Times

Crypto Fraudster Bankman-Fried Faces Sentencing

Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced Thursday following his conviction in one of the biggest financial fraud cases in history.

The Guardian - US

‘Old-fashioned embezzlement’: where did all of FTX’s money go?

Sam Bankman-Fried oversaw its collapse – now the crypto firm is in bankruptcy proceedings as contentious as his fraud trial

The Guardian - US

Sam Bankman-Fried to be sentenced for multibillion-dollar fraud this week

Former FTX CEO faces up to 100 years in prison should the judge hand out the harshest penalty

The Guardian - US

The rise and fall of Sam Bankman-Fried: an unrepentant ex-mogul faces down decades in prison

The former CEO of FTX, once a king of cryptocurrency, saw a swift reversal of his fortunes starting in November 2022

Top News

FTX Anticipates Reduction In Bankruptcy Claim To - Billion

FTX anticipates a reduced bankruptcy claim of -5 billion, showcasing proactive financial management in the fintech and cryptocurrency industries.

International Business Times

New FTX CEO Slams SBF's 'Nonexistent' Remorse In Scathing Victim Impact Statement

John Ray III, FTX's CEO who took over after the crypto giant's implosion, submitted a scathing victim impact statement on behalf of FTX investors who lost millions in the multi-billion-dollar scheme "designed" to enshrine Sam Bankman-Fried as the crypto king.

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