Sam Bankman-Fried
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Sam Bankman-Fried

Sam Bankman-Fried
Sam Bankman-Fried
The latest news on Sam Bankman-Fried (SBF), American entrepreneur convicted of fraud, including crypto news and updates.
Born
6 Mar 1992
Industry
Cryptocurrency
Job Title
Former CEO of FTX
You may not recognise him, or his wife Lydia, but Canadian investor Michael Kives is one of the most well-connected men in America. Photos: @lydiakives/Instagram
Fame and celebrity

Who is Michael Kives – and is he the most well-connected man in Hollywood?

Michael Kives has his stint at the CAA to thank for many of his celebrity contacts – who he later introduced to Sam Bankman-Fried when the crypto entrepreneur was on his way up.

Cryptocurrency

Trump’s ‘cyber summit’ gives digital currency new prominence and large US role

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Cryptocurrency

Do Kwon pleads not guilty to US fraud charges in US$40 billion crypto collapse

United States

Sam Bankman-Fried’s ex-deputy Gary Wang spared prison time over FTX fraud

Wang cooperated with the prosecution and testified in the trial that led to Bankman-Fried’s conviction on fraud and other charges.

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Former FTX executive Gary Wang attends his sentencing on fraud charges in New York on Wednesday. Photo: Reuters
United States

Bankman-Fried’s ex Ellison gets 2 years in prison in FTX fraud case

Caroline Ellison pleaded guilty to fraud and conspiracy after helping prosecutors in the conviction of her former boss and boyfriend.

Crime

Sam Bankman-Fried convicted of multibillion dollar FTX fraud

The former crypto tycoon was found guilty by a New York jury on all seven counts of fraud, embezzlement and criminal conspiracy. He faces decades in prison.

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FTX

Sam Bankman-Fried ‘thought hedge fund could cover US$8 billion debt to FTX’

The FTX founder, testifying in his own defence at his fraud trial in New York, said he was surprised but not alarmed that his Alameda Research hedge fund had borrowed US$8 billion from FTX customer deposits.

Former FTX chief executive Sam Bankman-Fried. Photo: AFP
Fame and celebrity

How Sam Bankman-Fried used celeb endorsements to expand his now-defunct FTX

SBF was once on top of the world, using his money to buy celebrity clout in order to expand his now-defunct crypto exchange FTX – so who was involved?

FTX

FTX co-founder testifies against Sam Bankman-Fried at his fraud trial

Cryptocurrency exchange FTX co-founder Gary Wang Zixiao said in court that former partner Sam Bankman-Fried knowingly used clients’ funds without permission to invest through his personal hedge fund, Alameda Research.

United States

FTX’s Bankman-Fried shows up for trial leaner, and with his famous curls cut

His lawyers had unsuccessfully argued for his release ahead of proceedings, saying he was subsisting on ‘bread and water’ in a facility lacking in vegan options.

Sam Bankman-Fried turns to look at potential jurors for his fraud trial before US District Judge Lewis Kaplan in New York on Tuesday. Courtroom sketch: Jane Rosenberg via Reuters
United States

Bankman-Fried used stolen FTX funds for ‘US$100 million in political donations’

Prosecutors said Bankman-Fried directed two FTX executives to evade contribution limits by donating to Democrats and Republicans, and to hide where the money came from.

FTX founder Sam Bankman-Fried. Photo: EPA-EFE
Crime

FTX’s Bankman-Fried headed to jail after alleged witness tampering

A US judge revoked the cryptocurrency firm founder’s bail after prosecutors said he ‘crossed a line’ by showing documents to a reporter while under house arrest.

Millionaires and billionaires

US$3.5 billion? Sam Bankman-Fried and FTX’s most outrageous purchases

While customers lost their investments, SBF and co splurged on private jets for Amazon deliveries, fancy DoorDash meals, a Shaquille O’Neal commercial, resort stays and luxury yachts …

United States

FTX founder pleads not guilty to China bribery, campaign finance charges

Bankman-Fried had earlier pleaded not guilty to 8 counts of fraud and conspiracy for allegedly stealing billions in FTX customer funds.

Former FTX Chief Executive Sam Bankman-Fried faces fraud charges over the collapse of the bankrupt cryptocurrency exchange. Photo: Reuters
United States

FTX founder Bankman-Fried charged with bribing ‘one or more’ Chinese officials

Sam Bankman-Fried is accused of making the cryptocurrency payment to unfreeze accounts belonging to FTX affiliate Alameda, which Chinese authorities had frozen.

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FTX founder Sam Bankman-Fried leaves a federal courthouse in New York on February 16. He is accused in a new indictment of paying a US$40 million bribe to unlock frozen crypto in China. Photo: AP
United States

FTX’s Sam Bankman-Fried and US Justice Department tussle over his communications

Federal prosecutors are trying to prohibit the FTX founder from privately contacting current and former employees of the bankrupt cryptocurrency exchange.

United States

FTX founder Sam Bankman-Fried pleads not guilty to fraud

The ex-cryptocurrency boss, who is accused of cheating investors and looting customer deposits, will face trial in October.

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FTX

Alameda lent Sam Bankman-Fried US$546 million for Robinhood stake

FTX founder Sam Bankman-Fried and former executive Gary Wang borrowed more than US$546 million from Alameda Research to buy a nearly 8 per cent stake in Robinhood Markets, according to court papers.

The logo of Alameda Research on digital devices in an arranged photo taken on November 22, 2022. Photo: Bloomberg
United States

FTX execs’ plea deals kept secret to get founder Bankman-Fried back to US

Prosecutors were afraid that the cryptocurrency entrepreneur would fight extradition from the Bahamas if he found out his associates had turned on him

FTX

FTX’s Sam Bankman-Fried released on US$250 million bond

The cryptocurrency entrepreneur can live in his parent’s home, while awaiting trial on charges that he swindled investors and looted customer funds, judge says.

United States

Bankman-Fried extradited to US to face fraud charges over FTX collapse

Prosecutors allege the disgraced crypto king cheated investors in FTX and misused customers’ funds.

FTX founder Sam Bankman-Fried, being escorted from the Magistrate Court in Nassau, Bahamas. Photo: AP
Cryptocurrency

Ex-FTX CEO Sam Bankman-Fried to reverse decision on contesting US extradition

The 30-year-old cryptocurrency mogul is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to the US, where he faces fraud charges.

Sam Bankman-Fried is escorted out of the Magistrate Court building after his arrest in Nassau, Bahamas on December 13. Photo: Reuters
Cryptocurrency

FTX’s Sam Bankman-Fried faces long road to trial as he fights extradition

The bare-bones indictment suggests it was put together quickly and prosecutors need time to piece together evidence of fraud.

Crime

Uncertain conditions await FTX founder in Bahamas’ only prison

Prisoners faced rodents and a lack of toilets in the Bahamas detention centre where Sam Bankman-Fried will be held, according to a 2021 US State Department report, though local authorities says conditions have since improved.

Cryptocurrency

FTX boss Bankman-Fried charged with defrauding investors of US$1.8 billion

US Securities and Exchange Commission says the 30-year-old orchestrated scheme to ‘build house of cards on foundation of deception’.

Samuel Bankman-Fried, founder and former CEO of FTX. Photo: AFP
United States

Why FTX’s fallen crypto king finds it difficult to ‘keep his mouth shut’

Bankman-Fried, who is set to testify before a US House panel about the cryptocurrency platform’s overnight collapse, has gone on a speaking spree despite facing scrutiny from prosecutors

FTX founder Sam Bankman-Fried faces scrutiny from regulators, prosecutors and politicians. Photo: AFP
Cryptocurrency

FTX investors pressed for info on Sam Bankman-Fried and other key figures

The US Attorney’s Office for the Southern District of New York sent a slew of requests asking for a list of FTX employees and associates.

Cryptocurrency

Sam Bankman-Fried says he ‘didn’t ever try to commit fraud’ with FTX funds

At the New York Times’ Dealbook Summit, the FTX founder said he did not mean to commingle customer funds with his trading firm Alameda Research.

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