Tag: Sam Bankman-Fried

FTX’s Sam Bankman-Fried Enters Plea in Federal Fraud Case

FTX founder Sam Bankman-Fried pleaded not guilty in a federal court Tuesday to charges of fraud, conspiracy, campaign finance law violations, and money laundering. Bankman-Fried, 30, entered his plea via his lawyer before District Judge Lewis Kaplan in Manhattan federal court. During the hearing, Kaplan set a trial date for Oct. 2, 2023. A federal prosecutor, Danielle…


LIVE 1 PM ET: Expected Arraignment of Sam Bankman-Fried

Former FTX chief executive Sam Bankman-Fried is expected to be arraigned and enter a plea in Manhattan federal court at 1:00 p.m. on Jan. 3. Sam Bankman-Fried, the founder of failed crypto exchange FTX, faces a litany of civil and criminal charges, including conspiracy to commit money laundering and wire fraud. …


LIVE NOW: Expected Arraignment of Sam Bankman-Fried

Former FTX chief executive Sam Bankman-Fried is expected to be arraigned and enter a plea in Manhattan federal court at 1:00 p.m. on Jan. 3. Sam Bankman-Fried, the founder of failed crypto exchange FTX, faces a litany of civil and criminal charges, including conspiracy to commit money laundering and wire fraud. …


Expected Arraignment of Sam Bankman-Fried

Former FTX chief executive Sam Bankman-Fried is expected to be arraigned and enter a plea in Manhattan federal court at 1:00 p.m. on Jan. 3. Sam Bankman-Fried, the founder of failed crypto exchange FTX, faces a litany of civil and criminal charges, including conspiracy to commit money laundering and wire fraud. …


Bahamas Regulators Hold $3.5 Billion Worth of FTX Customer Assets

Regulators in the Bahamas are holding on to $3.5 billion worth of FTX assets that it claims are intended to be transferred to those who were monetarily affected by the crypto-fallout as customers of the company have filed a lawsuit to get their dues prioritized. After crypto exchange FTX filed for bankruptcy in November, around…


NTD Good Morning (Dec. 23): Arizona to Remove Makeshift Border Wall; FTX Founder Bankman-Fried Released on Bond

Arizona’s out-going governor ordered the construction of a make-shift border wall back in August. Now Arizona is taking it down after a U.S. government lawsuit. Sam Bankman-Fried is out on bond. But his release comes with strict conditions. The FTX founder awaits trial in what’s being called one of the largest financial frauds in American history. Flight…


Federal Court Releases Bankman-Fried, but His Parents Are on the Hook

Former FTX crypto exchange CEO Sam Bankman-Fried, just extradited to the United States from a prison in the Bahamas, was freed on $250 million bail pending his trial on criminal fraud and money laundering charges. Bail was posted by Bankman-Fried’s parents, Joseph Bankman and Barbara Fried, who put up their house as collateral. Bankman and…


LIVE 5 PM ET: NTD Business (Dec. 22): FTX Founder SBF Released on $250M Bond; Airlines Scrap Flights due to Winter Storm

A powerful winter storm is freezing travel for thousands across the United States—just as people start leaving for the holidays. Former crypto billionaire Sam Bankman-Fried is out on bail in the United States, but he’ll have to stay under house arrest. The Senate passes a spending bill to fund the government. Why are some lawmakers…


NTD Business (Dec. 22): FTX Founder SBF Released on $250 Million Bond; Airlines Scrap Flights Due to Winter Storm

Former crypto billionaire Sam Bankman-Fried is out on bail in the United States, but he’ll have to stay under house arrest. The Senate passes a spending bill to fund the government. Why are some lawmakers concerned? A powerful winter storm is freezing travel for thousands across the United States—just as people start leaving for the…


Judge Allows FTX Founder Bankman-Fried to Be Released on $250 Million Bond to Parents’ Home

A judge on Thursday allowed FTX founder Sam Bankman-Fried to be released on $250 million bond and placed under house arrest at his parents’ home after his first court appearance on U.S. soil. A federal magistrate judge, Gabriel Gorenstein, allowed Bankman-Fried to be released to his parents’ Palo Alto, California, home, after the FTX founder’s first court…