Crypto Fraudster Sam Bankman-Fried Should Be Locked Up For Upto 50 Years, Prosecutors Say

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Sam Bankman-Fried deserves 40-50 years in prison, prosecutors say

Sam Bankman-Fried, the disgraced former CEO of collapsed crypto exchange FTX, deserves a jail term of not less than 40 years, US prosecutors said on Friday. According to the sentencing memo the Department of Justice, Southern District of New York, filed on Friday, what Bankman-Fried needs is 40 to 50 years in prison. The prosecution […]

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Sam Bankman-Fried Cites Autism Disorder As Reason To Avoid 100 Years In Prison

In a high-profile case that has garnered considerable attention, Sam Bankman-Fried, the disgraced CEO of the now-bankrupt FTX crypto exchange, is seeking a lighter sentence, citing his autism spectrum disorder.

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Disgraced Crypto Mogul Do Kwon Will Miss Start Of SEC Trial Amid Extradition Delays

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FTX’s Bankman-Fried is ‘deeply sorry’ for $8b fraud, pushes for shorter sentence

FTX’s Bankman-Fried seeks mercy, apologizes for $8 billion fraud, and implores the judge to reject the recommended 100-year jail term. Sam Bankman-Fried, the disgraced founder of the FTX crypto exchange, is trying to get a shorter prison sentence after he…

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Disgraced FTX Co-Founder Placed On Suicide Watch In Prison, Reveals Former Inmate

Sam Bankman-Fried, the co-founder of the FTX crypto exchange, who was recently found guilty of multiple counts of criminal fraud, reportedly faced a harrowing experience while incarcerated.   According to a former mobster turned federal informant, Gene Borrello, who shared a prison cell with Bankman-Fried, the disgraced crypto executive was placed on suicide watch and endured challenging conditions during his time at Brooklyn Metropolitan Detention Center (MDC) while awaiting sentencing next year.

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Forbes publishes ‘Under 30 Wall of Shame’ with Sam Bankman-Fried, Caroline Ellison and Martin Shkreli on list

Trolling itself, Forbes has released a list of the most shameful 30 Under 30 laureates, who once included “Pharma Bro” Martin Shkreli and disgraced crypto moguls Sam Bankman-Fried and Caroline Ellison.

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From Crypto To Catch: Disgraced FTX Founder Turns To Trading Fish In Prison

According to a report by Business Insider, Sam Bankman-Fried (SBF), co-founder and former CEO of FTX, has adapted to the economic system of New York’s Metropolitan Detention Center (MDC), where he is currently awaiting sentencing on multiple felony counts.

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FTX founder, Sam Bankman-fried, is guilty to all charges: crypto community reacts

Sam Bankman-fried, the disgraced founder of FTX, is has found guilty to all charges. The community is abuzz, reacting to the jury's decision

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‘Fuck regulators,’ said SBF behind closed doors: Report

The disgraced crypto executive frequently praised the need for crypto regulation in public.

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Sam Bankman-Fried lived lavish lifestyle prior to FTX downfall

In Sam Bankman-Fried's criminal trial this week, a fresh set of documents revealed how the disgraced FTX founder and his associates indulged in extravagant spending on investments, donations, and real estate, even in the months leading up to the collapse of the crypto exchange. 

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No Jury Yet, but We're Getting There

Sam Bankman-Fried had a grin on his face as he entered court on Tuesday morning – clad in a black suit and an uncharacteristically tame (read: closely trimmed) mop of hair. After nine long months, the disgraced crypto founder will finally have the chance to defend himself against a wide array of federal fraud and conspiracy charges tied to the collapse of FTX, his crypto and futures exchange, and Alameda Research, the crypto trading firm he founded and – according to prosecutors – used to illegally re-invest FTX user funds.

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FTX’s Bankman-Fried contemplated paying Trump $5b not to run for president

Michael Lewis, the author of "The Big Short," says the disgraced crypto entrepreneur was exploring the legality of such a move.

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Bankman-Fried publishes 250 pages of self-justification ahead of trial

In a 15,000-word document revealed by The New York Times, the disgraced crypto entrepreneur tried to share his point of view on what happened to FTX. Sam Bankman-Fried (SBF), the founder of the failed crypto exchange FTX who’s charged with…

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Disgraced U.S. Congressman George Santos Involved Crypto in Nigerian Prince-Like Scheme: NYT

A source told The New York Times that Santos and two others appeared to try a crypto-centric version of the classic Nigerian prince email scam.

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FTX Executives Knew of $8.9 Billion in Missing Customer Funds in August 2022

The latest report from FTX and its debtors contains startling revelations. Namely that the disgraced crypto exchange knew of a more than $8 billion hole as far back as April 2022. The post FTX Executives Knew of $8.

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US Senator Implicated in Misreported FTX Donation to Oregon Democrats

A donation last year, from since-imploded crypto exchange FTX to the Oregon Democratic Party, has raised questions about the nature of the relationship of a prominent senator and his staff to the disgraced exchange.

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Terra's Do Kwon Wants SEC Charges Dismissed, Court Filings Show

The SEC cannot regulate digital assets involved in the case as the UST stablecoin is a currency, not a security, lawyers for the disgraced crypto executive said.

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First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?

BTC Edges Up. ALSO: CoinDesk Chief Content Officer ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital asset innovation and leadership away from the U.S.?

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Sam Bankman-Fried, a disgraced crypto executive, pleads not guilty to a new bribery charge.

Crypto executive Sam Bankman-Fried, who is facing multiple charges of alleged corruption related to his companies FTX and Alameda Research, has been charged with an additional count of conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act.

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FTX Founder SBF Banked On Foreign Regulators’ Leniency To Stall Bankruptcy

The founder of disgraced crypto exchange FTX Sam Bankman-Fried (SBF), has once again come under serious criticism. According to U. S. Justice Department in a Wall Street Journal report, SBF attempted to stall bankruptcy proceedings through leniency from foreign regulators.

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Why This FTX Former Chief Engineer Is Now Under The Lens Of U.S. Authorities

U.S. authorities are casting a bigger net to come after key figures who may have been involved in anomalies at disgraced crypto exchange FTX. The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are now carrying out an investigation on former FTX engineering chief Nishad Singh, Bloomberg reported Thursday, citing people with […]

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US Federal Prosecutors are Investigating SBF-Linked Wallets Transactions

Prosecutors are investigating certain crypto transactions linked to wallets associated with disgraced FTX founder Sam Bankman-Fried (SBF). The post US Federal Prosecutors are Investigating SBF-Linked Wallets Transactions appeared first on BeInCrypto.

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Сэм Бэнкман-Фрид мог вывести криптовалюту на $684 000

Бывший CEO FTX Сэм Бэнкман-Фрид обналичил $684 000 в криптовалютах, возможно, нарушив условия выхода под залог. Об этом заявил DeFi-аналитик под псевдонимом BowTiedIguana. Did disgraced crypto founder Sam Bankman-Fried just cash out $684k to a crypto exchange in the Seychelles while under house arrest? His release conditions are that he not spend more than $1,000 […]

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Caroline Ellison And Gary Wang – SBF’s Top Wingmen At FTX – Plead Guilty To Fraud

The FTX rigmarole continues and this time, two top executives of the disgraced crypto empire have emerged from silence and are now in the custody of the U.S. authorities. If proven guilty of their misdeeds, the three masterminds of one of the biggest crypto exchanges in the world face a total of 275 years in […]

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Sam Is Fried: FTX CEO Agrees To Extradition To The US

Following a chaotic court appearance in the Bahamas, FTX CEO and founder Sam Bankman-Fried is to be extradited to the US. FTX CEO To Be Extradited A week after the crypto wunderkind was arrested in his Bahamas apartment complex, the 30-year-old disgraced CEO has accepted to stand trial in New York. According to the New […]

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FTX seeks to recoup SBF’s donations to US politicians

Bankrupt crypto exchange FTX said it is working to recover all political donations made by its disgraced founder Sam Bankman-Fried, FT reports. The post FTX seeks to recoup SBF’s donations to US politicians appeared first on CryptoSlate.

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Shaq becomes latest celebrity to distance himself from FTX, crypto

Former NBA player Shaquille O’Neal is the latest celebrity influencer to turn his back on disgraced crypto exchange FTX. The post Shaq becomes latest celebrity to distance himself from FTX, crypto appeared first on CryptoSlate.

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Congressman Brad Sherman Trashes Crypto During Recent Hearing

The anti-crypto congressman claims that it would be wrong to view the disgraced FTX founder as just “one big snake” in crypto

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CEO of Crypto News Site The Block Resigns After Failing to Disclose Funding from Sam Bankman-Fried

The Block has been funded with generous loans from disgraced FTX founder Sam Bankman-Fried

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Disgraced MP tells Parliament UK can be the 'home' of crypto

“These innovations have the potential to disrupt finance, just as social media has disrupted communication, or online shopping has changed retail,” said Matt Hancock.

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Mark Karpeles: Bitcoin Security Tech Needs an Update

The disgraced crypto CEO Mark Karpeles has a new book and a new mission: to secure bitcoin.

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Infamous Mt. Gox Villain Mark Karpeles Launches New Blockchain Venture

$nbsp; By CCN: Mark Karpeles, disgraced CEO of the infamous Mt. Gox crypto exchange, has revealed new plans in the blockchain space. According to Associated Press, he will launch a new venture with a view to making Japan a “global leader in blockchain.

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Baltimore Ransomware Siege Enters Second Week of Bitcoin Extortion Attack

By CCN: Most of the Baltimore City’s government systems have been locked down since May 7th as a result of the “Robbinhood” ransomware attack. The successful crypto locking has forced the city to go “manual” in most aspects of its daily business and has affected several areas of life.

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Disgraced Crypto Exchange QuadrigaCX Officially Declared Bankrupt

Canadian crypto exchange QuadrigaCX has filed for bankruptcy as the attempt to restructure the company has failed. The move was approved Monday by a Nova Scotia judge, the country’s national broadcaster reported.

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Disgraced Ex-Enron CEO Plans Crypto Comeback after 14-Yr Jail Term

A little over a month after being released from prison for his involvement in one of the grandest corporate scandals in history, Jeffrey Skilling, the former chief executive of collapsed U. S. energy giant Enron is reportedly eyeing the blockchain sector, according to the Wall Street Journal report.

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Disgraced Former CEO Of Mt. Gox To be Sentenced On Friday

The fate of the former CEO of crypto exchange Mt. Gox is set to be decided this Friday as Mark Karpeles takes the stand before the judges in Tokyo, Japan. Mark already spent some time in prison before he was released on bail pending the court proceedings.

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Disgraced Crypto Exchange QuadrigaCX Accidentally Sent Nearly $400,000 to Dead CEO’s Bitcoin Wallet

On February 12, Ernst and Young (EY), the monitor of the QuadrigaCX case, released its first report with the Supreme Court of Nova Scotia. In it, EY stated that the exchange “inadvertently” moved $370,800 in Bitcoin to a cold wallet controlled by CEO Gerald Cotten, who passed away.

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Wall Street Crypto Criticizer Says Bitcoin will Bust, Investors Will Get Slaughtered

Wall Street Legend Jordan Belfort Calls Bitcoin a Trap Jordan Belfort really is the stuff of legends. The multi-millionaire first hit international news when he was imprisoned on several charges involving the scamming of investors.

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