Main topic: Sam Bankman-Fried, founder of FTX, ordered to jail after bail revocation.
Key points:
1. Bankman-Fried had been under house arrest but was sent to jail after prosecutors convinced the judge that he had fed documents to the media to intimidate a witness.
2. Bankman-Fried's motion to dismiss some of the charges against him was denied by the judge.
3. The court found that Bankman-Fried had tampered with witnesses and his communications with the media led to a request for a gag order.
FTX CEO Sam Bankman-Fried, who had his bail revoked and was sent to jail, has been granted temporary access to a laptop and WiFi device for a seven-hour meeting with his legal team in a courthouse cell block attorney room.
Sam Bankman-Fried, the founder of FTX, pleaded not guilty to fraud and money laundering charges related to the collapse of his cryptocurrency empire, with the new indictment accusing him of misusing customer funds for personal purposes.
The defense team of Sam Bankman-Fried, the former FTX CEO, failed to win any major concessions in a hearing regarding his difficulties in preparing for his trial from jail, as the judge declined to release him but requested briefing on the conditions in the detention facility to determine if temporary release is warranted.
Former FTX founder Sam Bankman-Fried received nearly $1 billion in cash payments from the crypto exchange before its collapse, while other ex-executives also benefited from the funds, court filings reveal.
Former FTX CEO Sam Bankman-Fried reportedly drafted a 15,000-word Twitter thread that he never posted, detailing his life under house arrest and his thoughts on FTX's bankruptcy case, according to documents provided by crypto influencer Tiffany Fong. The drafts also revealed personal information about Bankman-Fried's relationship with former Alameda Research CEO Caroline Ellison, who will testify in his criminal trial starting in October. Bankman-Fried has pleaded not guilty to fraud charges, while Ellison and others have already pleaded guilty to similar charges.
Sam Bankman-Fried, the ex-CEO of FTX, shows a lack of remorse or responsibility for the collapse of his crypto empire and the loss of $8 billion, focusing instead on his own fallen public persona and personal regrets, according to leaked personal writings.
FTX founder Sam Bankman-Fried's request to be released from jail before his trial was denied by an appeals court, marking his second setback of the day as judge also blocked his proposed expert witnesses.
Sam Bankman-Fried, the former CEO of FTX cryptocurrency empire, allegedly faced bankruptcy and theft charges after lavish perks, declined credit cards, and a tearful all-hands meeting exposed the company's financial troubles.
Former FTX CEO Sam Bankman-Fried is currently residing at the Metropolitan Detention Center, Brooklyn, where he is experiencing poor living conditions including slow internet, dirty quarters, and limited cafeteria options.
Former FTX CEO Sam Bankman-Fried, who is facing 13 criminal charges including securities fraud and money laundering, spent his time under house arrest at his parents' home in Palo Alto where he engaged in case preparation and his desk was cluttered with items such as gum, a fan, and Adderall, which he had difficulty accessing after being remanded to jail in August.
FTX crypto exchange founder, Sam Bankman-Fried, allegedly saw missing funds as a "rounding error," according to biographer Michael Lewis, who also adds to allegations of mismanagement and a plot to pay off Donald Trump; Bankman-Fried is preparing to stand trial on fraud charges.
Disgraced FTX co-founder Sam Bankman-Fried presented a pros and cons list to his ex-girlfriend warning that he doesn't feel happiness and has trouble respecting others, according to a new book, as he faces federal charges for allegedly embezzling funds from customers.
Taylor Swift's multimillion-dollar sponsorship deal with FTX fell through due to the company's CEO, Sam Bankman-Fried, dragging his feet and failing to sign the agreement, according to the latest book by Michael Lewis.
Sam Bankman-Fried, the former FTX CEO, cancelled his speaking engagements at the World Economic Forum's annual meeting in Davos and a Time magazine event, with author Michael Lewis stating that he made these decisions based on calculations that deemed the individuals and events unworthy of his time.
Sam Bankman-Fried's former college roommate testified in court that Bankman-Fried directed him to give their hedge fund special trading privileges on FTX, including a $65 billion line of credit, which contributed to FTX's bankruptcy.
Sam Bankman-Fried, the founder of FTX, lived with employees in a $35 million apartment in the Bahamas, allegedly paid for with customer and investor money, according to testimony in his ongoing criminal trial related to the collapse of the crypto-exchange.
FTX founder Sam Bankman-Fried may not be allowed to bring up Anthropic's recent fundraising efforts in his defense against U.S. Department of Justice charges, according to prosecutors.
Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, is facing his ex-girlfriend, Caroline Ellison, in court, where she is expected to testify against him on accusations of stealing billions from customers.
Former FTX CEO, Sam "SBF" Bankman-Fried, faces allegations of fraud as his former business associate and girlfriend, Caroline Ellison, testified in court, admitting to fraud during her time at Alameda under Bankman-Fried's direction, blaming him for the misuse of FTX user funds.
FTX co-founder Sam Bankman-Fried has been accused by Caroline Ellison of instructing her to steal money from FTX's customers in order to repay loans made to Alameda Research, with Ellison testifying that Bankman-Fried directed her to commit fraud; Bankman-Fried, who faces multiple federal charges including wire fraud and money laundering, has pleaded not guilty to all charges.
FTX founder Sam Bankman-Fried's trial continues with former Alameda CEO Caroline Ellison testifying that she was directed by Bankman-Fried to commit fraud and money laundering crimes, taking several billion dollars from customers and using an "unlimited line of credit."
Former FTX CEO Sam Bankman-Fried's on-and-off girlfriend and top executive, Caroline Ellison, testified regarding Bankman-Fried's presidential aspirations, his belief in the value of his hair for FTX's image, his immoral philosophy, and his involvement in fraudulent activities during his criminal trial.
Former FTX CEO Sam Bankman-Fried allegedly instructed his former general counsel to find a legal explanation for the missing $8 billion in Alameda Research's books, according to testimony in court, as prosecutors present their case against Bankman-Fried, who is accused of fraud and conspiracy to commit fraud against FTX customers and investors.
FTX CEO Sam Bankman-Fried testified at his trial that he declined requests for help from Digital Currency Group's Genesis and Celsius, both of which eventually faced financial difficulties and bankruptcy.