FTX

Sam Trabucco, the former Alameda Research co-CEO, will forfeit a 53-foot yacht and forgo $70 million worth of claims in a proposed settlement with the FTX bankruptcy estate.

FTX, the failed cryptocurrency exchange at the center of disgraced former CEO Sam Bankman-Fried’s fraud, was ordered to pay customers $12.7 billion.

Victims of former disgraced FTX CEO Sam Bankman-Fried’s fraud seek a ruling that the forfeited assets of the failed cryptocurrency exchange belong to its customers, not the bankruptcy estate, calling it a “second act of theft.”

Disgraced former FTX CEO Sam Bankman-Fried said on Tuesday he is “haunted” by his decisions, which led to the collapse of the digital currency exchange and billions of dollars of customers and investors’ funds lost.

Disgraced FTX CEO and Democrat Megadonor Sam Bankman-Fried on Thursday was sentenced to 25 years in jail for fraud after facing up to 100 years in jail.

Disgraced FTX founder and Democrat super donor Sam Bankman-Fried,  who was convicted of fraud and money laundering last year, returns to a New York court Thursday to be sentenced for his crimes.

In a scathing letter to Judge Lewis Kaplan, FTX Trading CEO John Ray alleges that disgraced FTX founder Sam Bankman-Fried made “callously” and “demonstrably false” claims in his sentencing memo to secure a lighter prison term. According to Ray, the harm caused by SBF is “vast” and his remorse is “nonexistent.”

Venture capitalist Nic Carter told Breitbart News in an exclusive statement that the Biden DOJ has exposed its agenda as “nakedly political” by not prosecuting Sam Bankman-Fried for his allegedly unlawful political donations.

The Justice Department (DOJ) has been accused of covering for the “deep state” by not holding a second trial against disgraced former FTX CEO Sam Bankman-Fried for his allegedly unlawful political donations and bribery of foreign officials.

Disgraced former FTX CEO Sam Bankman-Fried, once seen as the “next Warren Buffett,” is now trading mackerel in jail for a jailhouse haircut.

Several friends of Sam Bankman-Fried’s parents said that they have yet to see them express any regrets about their actions after Bankman-Fried was convicted and as they face an upcoming trial for “fraudulently” transferring and misappropriating millions of dollars from FTX.

The testimony against disgraced former FTX CEO Sam Bankman-Fried and his own squirrely testimony may have led to his conviction.

Sam Bankman-Fried has been found guilty of all charges stemming from the collapse of his cryptocurrency exchange company FTX.

Disgraced former FTX CEO Sam Bankman-Fried appeared to suffer from memory loss, dodged questions, and gave vague answers when answering the prosecutions’ questions.

Disgraced former FTX CEO Sam Bankman-Fried testified on Thursday that he was “not sure” whose decision it was to use FTX customer funds for investments on the hedge fund Alameda Research.

Judge Lewis Kaplan, the judge presiding over the court case against disgraced former FTX CEO Sam Bankman-Fried, on Wednesday snapped at lawyers on both sides for bringing in witnesses that have little to say.

Disgraced former FTX CEO Sam Bankman-Fried’s lawyers claimed on Tuesday that the digital currency exchange’s investments were not “reckless” as FTX employees expressed concerns about buying a $30 million penthouse in the Bahamas.

Nishad Singh, a Sam Bankman-Fried colleague, testified on Monday that the disgraced former FTX CEO had FTX employees make political donations in his name despite the company’s massive shortfall. 

Disgraced former FTX CEO Sam Bankman-Fried’s lawyers on Sunday asked the judge for more Adderall, claiming that he would not be to meaningfully participate in the defense without the drug.

As disgraced FTX CEO Sam Bankman-Fried contends with legal battles in the courtroom, a hacker (or FTX insider) has reportedly seized the opportunity, attempting to launder over $470 million in cryptocurrency stolen from the exchange at the same time.

Disgraced former FTX CEO Sam Bankman-Fried believed that rival digital currency exchange Binance leaked an FTX balance sheet to the media to hurt FTX, according to documents presented in court.

Alameda Research, the sister company of FTX, bribed a Chinese government official and even used the identities of Thai prostitutes to unlock $1 billion of frozen funds on other digital currency exchanges, according to the testimony of Caroline Ellison, the ex-girlfriend of disgraced FTX CEO Sam Bankman-Fried.

Caroline Ellison, the former CEO of hedge fund Alameda Research, testified on Tuesday that she committed fraud at the behest of former FTX CEO Sam Bankman-Fried, saying it looked like they funneled money to FTX executives.

The judge presiding over the criminal trial of disgraced former FTX CEO Sam Bankman-Fried has lost patience with Bankman-Fried’s lawyers only three days into the trial.

Employees at FTX, once a titan in the cryptocurrency exchange realm before its stunning collapse, uncovered a secretive backdoor used by Sam Bankman-Fried’s Alameda Research to siphon billions of dollars, laying bare a complex web of alleged fraud and mismanagement that precipitated the platform’s dramatic collapse.

Gary Wang, one of the cofounders of the digital currency exchange FTX, said on Thursday that he committed various forms of fraud during the court case against disgraced former FTX CEO Sam Bankman-Fried.

Disgraced former FTX CEO Sam Bankman-Fried’s defense counsel argued on Wednesday that the defendant is nothing more than a “math nerd who didn’t drink or party” and “didn’t steal from anyone.”

The trial of disgraced former FTX CEO and Democrat mega donor Sam Bankman-Fried began on Tuesday as the public sees the tech guru once seen as the “next Warren Buffett” transform into an indicted defendant who told his former girlfriend, “In a lot of ways I don’t really have a soul.”

Reports say that Super Bowl champion Tom Brady earned a whopping $55 million for about seven day’s worth of work as an FTX pitchman.

FTX, the bankrupt cryptocurrency exchange, has filed a lawsuit against Allan Joseph Bankman and Barbara Fried, the parents of disgraced former CEO Sam Bankman-Fried, alleging the misappropriation of millions of dollars.

A lawsuit found said that Sam Bankman-Fried’s father sits on the advisory board of the leftist dark money group Arabella Advisors.

Faruk Fatih Ozer, the mastermind behind collapsed Turkish cryptocurrency exchange Thodex, has been handed a staggering 11,196-year prison sentence for a series of crimes including fraud, money laundering, and leading a criminal organization. Ozer’s crypto exchange resulted in losses as high as $2.6 billion for investors.

Disgraced former FTX CEO Sam Bankman-Fried on Tuesday pleaded not guilty to fraud and money laundering charges. His lawyers decried his conditions in jail, including a lack of vegan meals, stating, “because he’s following his principles, [Bankman-Fried] is only now subsisting on a diet of bread and water.”

Prosecutors charged on Monday disgraced former FTX CEO Sam Bankman-Fried with using $100 million in stolen customer funds to donate to mostly Democrats during the 2022 midterm elections.

Sam Bankman-Fried, disgraced founder of the FTX cryptocurrency exchange and a Democrat super donor, has had his bail revoked by a judge ahead of his trial on fraud charges, over concerns that the crypto baron has engaged in witness tampering.

The U.S. Department of Justice (DOJ) informed a federal judge late Wednesday it did “not intend to proceed” with a campaign finance charge against disgraced FTX founder and Democrat super donor Sam Bankman-Fried.