Bankman-Fried’s favored cryptocurrency has nearly doubled in recent weeks. Along with gains in bitcoin and other assets, the crippled exchange now seems to have sufficient funds to meet small-investor claims.
Sam Bankman-Fried is an albatross around the neck of blockchain entrepreneurs – and that’s a problem.
How Sam Bankman-Fried’s possible 110 year sentence stacks up against other ex-billionaires and billionaires who’ve served time.
Sam Bankman-Fried faces 110-year max sentence after FTX trial – Here’s how long experts think he’ll spend behind bars
White-collar defendants often get far less than the maximum sentence—but legal experts told Forbes they expect Sam Bankman-Fried to face decades in prison.
FTX founder will take the stand in an attempt to refute allegations by his former lieutenants that he knew he was running a scam. If he fails, he could be in for a century-long prison term.
Caroline Ellison, the former CEO of FTX’s sister hedge fund Alameda Research, said her former colleague and love interest Bankman-Fried had high political ambitions.
Robinhood’s shares, which had been slumping in recent weeks, shot up after it announced it bought more than $605 million in shares that had previously been controlled by Sam Bankman-Fried.
A new indictment Monday marked the latest chapter in Sam Bankman-Fried’s legal troubles following the collapse of FTX.
“Taylor is Smart,” the world’s second-wealthiest man Elon Musk said about the singer’s due diligence.
Many of the planet’s billionaires are poorer this year. Some lost their tenth digit entirely. It was another bad year for billionaires, with the war in Ukraine raging, inflation surging and the crypto bubble bursting. Nearly half the planet’s 2,640 billionaires are poorer than they were in 2022—but some fared even worse: 254 people dropped […]