FTX founder Sam Bankman-Fried, facing multiple charges, reportedly has been limited to bread and water in prison due to the lack of vegan options, and his lawyers have raised concerns about his diet and medication issues.
FTX founder Sam Bankman-Fried's lawyers claim that prosecutors delivered four million pages of documents for him to examine six weeks before trial, making it impossible for him to adequately review the evidence from prison. Bankman-Fried is accused of intentionally deceiving customers and investors and playing a central role in the collapse of his company. His lawyers have requested his release to prepare for trial.
FTX co-founder Sam "SBF" Bankman-Fried could pay his expert witnesses over $1,000 an hour to testify on his behalf at his upcoming fraud trial.
Crypto executive Sam Bankman-Fried, founder of the collapsed FTX exchange, is fighting with prosecutors over his access to a laptop as he faces criminal charges, with the U.S. Department of Justice stating that he has sufficient access to a laptop and hard drives for his defense.
Sam Bankman-Fried, founder of bankrupt cryptocurrency exchange FTX, has been upheld in jail by a U.S. appeals court ahead of his fraud trial for tampering with witnesses and looting customer funds.
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.
FTX founder Sam Bankman-Fried stands trial for criminal fraud after allegedly misusing billions of dollars in client money, with the prosecution using witness testimony to show that customers were led to believe their funds were safe.
FTX founder Sam Bankman-Fried's criminal trial begins with mention of various cryptocurrencies, but notably excludes FTT, the native token of FTX, which experienced a significant drop last November and contributed to the exchange's collapse. Bankman-Fried faces fraud and conspiracy charges, while his defense argues that FTT-related activities were known and not secretive.
FTX founder Sam Bankman-Fried's co-founder Gary Wang testifies in court that they committed financial crimes, including fraud, and lied to the public, while prosecutors try to prove that Bankman-Fried stole billions of dollars from investors and customers for personal gain and political contributions.
Sam Bankman-Fried, founder of failed cryptocurrency exchange FTX, is on trial for a $10 billion fraud, with prosecutors portraying him as a mastermind who squandered customers' money, while his lawyers argue that he was an inexperienced tech founder who acted in good faith.
Lawyers for FTX founder Sam Bankman-Fried have begun presenting their case in his fraud trial after 12 days of prosecution testimony, with Bankman-Fried expected to testify in his own defense, facing charges of directing colleagues to commit crimes and divert customer funds.
Sam Bankman-Fried, founder of FTX cryptocurrency exchange, is expected to take the stand in his criminal fraud case, where he faces seven counts of fraud, conspiracy, and money laundering; his defense claims that his decisions were made in "good faith," but legal experts believe he faces an uphill battle.
FTX founder Sam Bankman-Fried testified in his own defense, admitting to mistakes but denying fraud or theft in the collapse of the cryptocurrency exchange, stating that a "lot of people got hurt" and the company went bankrupt due to oversight and not intentional wrongdoing.
