Disgraced former FTX CEO Sam Bankman-Fried, currently in custody and awaiting trial, feels broke and hated, with no hope of changing the public perception of him, according to leaked writings that detail his justifications over the collapse of FTX and his alleged misdeeds.
Former crypto tycoon Sam Bankman-Fried, after his arrest, referred to himself as "one of the most hated people in the world," according to documents reported by the New York Times, and blames Caroline Ellison for the collapse of Alameda due to a lack of hedging.
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.
FTX founder, Sam Bankman-Fried, has criticized the New York law firm, Sullivan & Cromwell, accusing them of setting him up as the scapegoat for FTX's collapse and downplaying their own involvement with the exchange, as his trial looms for fraud charges related to the company's failure.
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.
A federal judge ruled that Sam Bankman-Fried, the CEO of FTX, cannot blame the collapse of the company or its operations on its lawyers in his opening statements, but he may be able to use an "advice-of-counsel" defense later in the trial.
Author Michael Lewis has released a new book detailing the rise and fall of Sam Bankman-Fried, the founder of failed crypto exchange FTX, who is accused of running one of the largest financial frauds in U.S. history, including stories like Bankman-Fried playing a videogame during his TV interview and considering paying Donald Trump not to run for president in 2024.
"Going Infinite" by Michael Lewis provides a detailed account of Sam Bankman-Fried's rise and fall as the founder of FTX, without definitively answering the question of his guilt but presenting a depiction of Bankman-Fried as delusional and callous, alongside skepticism towards his critics.
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.
Sam Bankman-Fried struggled to learn how to make facial expressions and questioned their purpose, as described in Michael Lewis' new book on the downfall of FTX and Bankman-Fried, "Going Infinite: The Rise and Fall of a New Tycoon."
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.
Caroline Ellison initially feared and felt intimidated by her romantic partner and CEO Sam Bankman-Fried while working at Alameda Research, but eventually became co-CEO of the firm before facing criminal charges related to her involvement with his trading empire.
Disgraced FTX founder Sam Bankman-Fried sent his ex-girlfriend a memo listing the pros and cons of being in a relationship with him, citing his lack of empathy, and despite their tumultuous dynamic, they continued their sexual relationship for multiple years.
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 CEO of Alameda Research, Caroline Ellison, testified that she committed fraud along with bankrupt crypto exchange founder Sam Bankman-Fried, using funds from FTX customers for investments and loan repayments, as part of Bankman-Fried's ongoing fraud trial in New York.
Caroline Ellison, former chief executive of Alameda Research and star witness in the trial of Sam Bankman-Fried, testified that he "directed" her to commit crimes that led to the implosion of FTX, the cryptocurrency trading companies they built together.
Caroline Ellison, former head of Sam Bankman-Fried's crypto hedge fund, testified that she and Bankman-Fried defrauded customers, investors, and lenders, admitting to committing crimes including fraud, conspiracy, and money laundering.
Caroline Ellison, former CEO of Sam Bankman-Fried's crypto hedge fund and his ex-girlfriend, struggled to identify him in court due to her short height, but eventually called him out for his alleged misappropriation of billions of dollars in customer funds at cryptocurrency exchange FTX.
In the Sam Bankman-Fried trial, Caroline Ellison, Bankman-Fried's ex-girlfriend and former CEO of his crypto hedge fund, testified to committing crimes with Bankman-Fried and others, defrauding investors, and funneling funds without permission or disclosure, potentially dooming Bankman-Fried.
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.
Former employee and ex-girlfriend of Sam Bankman-Fried, Caroline Ellison, testified in court that he directed her to commit crimes by setting up a system that funneled money from his cryptocurrency trading company FTX to his hedge fund Alameda Research, resulting in over $10 billion being taken from FTX customers.
Former CEO of Sam Bankman-Fried's hedge fund, Caroline Ellison, testified that Bankman-Fried instructed her and others to defraud FTX exchange customers by taking their money without their knowledge, revealing his obsession with rivalry against Binance and his belief that he could become the US president.
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.
Sam Bankman-Fried's ex-girlfriend Caroline Ellison testified in court, blaming him for stealing billions in FTX customer funds and accusing him of being emotionally distant during their relationship.
Former top deputy and romantic partner of Sam Bankman-Fried, Caroline Ellison, testified that Bankman-Fried directed her to steal billions from customers of his cryptocurrency exchange, FTX, and that he was involved in the crimes committed at Alameda Research, a crypto trading firm controlled by him.
Former Alameda Research CEO, Caroline Ellison, testified that her ex-boyfriend and former boss, Sam Bankman-Fried, directed FTX's missteps, while the defense was dealt a blow as the judge denied requests to raise certain arguments in court, stating that the lack of crypto-specific U.S regulations and other factors were irrelevant. Ellison also revealed that she committed crimes with Bankman-Fried, including misstating Alameda's assets, using customer funds to repay debts, and not having enough funds to cover customer claims because Alameda had used the money for investments and lenders.
Michael Lewis defends his sympathetic portrayal of FTX founder Sam Bankman-Fried, stating that the criticism he has received only serves to sell his book, which has already sold 100,000 copies in its first week. Lewis believes that comparisons between Bankman-Fried and Ponzi-scheme operators are unfounded and describes the chaotic atmosphere at FTX, while also criticizing the players in the bankruptcy process. He also mentions the possibility of FTX creditors being made whole through the monetization of the company's stake in Anthropic. Despite public rage towards Bankman-Fried, Lewis expresses discomfort with mobs and states that he would still visit Bankman-Fried if convicted.
Former Alameda Research CEO Caroline Ellison testified at FTX founder Sam Bankman-Fried's fraud trial, stating that he did not adhere to moral rules like "don't lie" and "don't steal" and that he believed in doing the greatest good for the greatest number of people, making her more comfortable with engaging in wrongful actions.
Caroline Ellison, a key witness in the trial of Sam Bankman-Fried, the founder of FTX cryptocurrency exchange, testified that he instructed her to send "dishonest" balance sheets to major lenders to hide the fact that the trading firm had borrowed billions of dollars from FTX customers.
Former digital currency hedge fund leader Caroline Ellison, who is also the ex-girlfriend of Sam Bankman-Fried, testified in his criminal trial, stating that Bankman-Fried directed her to commit fraud by stealing $10 billion from FTX's customers to repay loans for Alameda Research.
Sam Bankman-Fried's ex-girlfriend, Caroline Ellison, testifies against him at his fraud trial, blaming him for crafting justifications for wrong and illegal conduct and feeling relief after the collapse of FTX.
The fraud trial of FTX founder Sam Bankman-Fried has revealed the betrayal of his inner circle, as close friends and former allies have turned against him and testified against him in court.
Former top executive Caroline Ellison testified in Manhattan federal court, blaming FTX founder Sam Bankman-Fried for corrupting her values and compelling her to engage in illegal activities such as lying and stealing while describing the collapse of his cryptocurrency businesses as a relief from having to lie anymore.
Caroline Ellison, a former top executive of Sam Bankman-Fried's cryptocurrency empire, testified in court that Bankman-Fried corrupted her values, leading her to lie and steal, and expressed a sense of relief when his businesses collapsed because she no longer had to deceive.
Former FTX CEO, Sam Bankman-Fried, allegedly had visible emotional reactions during the testimony of Caroline Ellison, the prosecution's star witness and his on-again off-again girlfriend, during his ongoing trial.
In a newly launched podcast called Tales From The Crypto: The Rise and Fall of FTX, Anthony Scaramucci shares his story of getting into business with Sam Bankman-Fried and discusses the collapse of FTX after selling a stake to Bankman-Fried.
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."
Caroline Ellison, the former CEO of Alameda Research, testified in Sam Bankman-Fried's criminal fraud trial that he was behind the misuse of billions of dollars in customer money at his FTX exchange, and despite attempts to undermine her testimony, her account remained consistent.
Former Alameda Research CEO Caroline Ellison testified in the FTX founder Sam Bankman-Fried's fraud trial, alleging that he committed crimes, directing her to use customer funds, and blaming her for Alameda's financial woes.
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.
FTX founder Sam Bankman-Fried is on trial for alleged financial fraud, with prosecutors accusing him of diverting customer funds for personal gain, while his defense argues he was overwhelmed by the rapid growth of his cryptocurrency businesses. The trial has featured explosive testimony from his former girlfriend and top executive, Caroline Ellison, who claims Bankman-Fried directed her to commit crimes. The defense has faced challenges from the judge, and the question remains whether Bankman-Fried will testify in his own defense.
Sam Bankman-Fried's messy appearance and long hair were intentional, as he believed it added value to his image and contributed to the narrative of his crypto empire, FTX, according to his former girlfriend and CEO of Alameda Research, Caroline Ellison, in her testimony during the trial for defrauding crypto investors.