Quick Take: FTX Former CEO SBF Returns to Twitter — How is He Posting in Jail?
Bankman-Fried is currently serving a 25-year sentence for fraud and conspiracy at the Brooklyn Metropolitan Detention Center.
Bankman-Fried is currently serving a 25-year sentence for fraud and conspiracy at the Brooklyn Metropolitan Detention Center.
After two years of waiting, it appears FTX customers are going to get something after the exchange’s collapse.
Find out more information on the SBF sentencing, that and more news in today’s Key Points.
Can Sun, previously FTX’s general counsel and pivotal witness in Sam Bankman-Fried’s trial, spearheads Trek Labs
Bankman-Fried was accused of defrauding FTXโs customers, lenders, and investors, leading to the collapse of the cryptocurrency exchange and its sister trading firm Alameda Research.
Caroline Ellison testifies that SBF influenced her to commit fraud, revealing details of illicit activities and FTX’s use of customer funds.
FTX’s former CEO Sam Bankman-Fried stands trial for cryptocurrency fraud charges, facing allegations of embezzlement and deception.
Bald Tokenโs price collapses to zero amidst speculations of a possible link to FTXโs founder, Sam Bankman-Fried.
Bankman-Fried is also prohibited from accessing or transferring any assets tied to FTX or its affiliated entities.
The coin reached an all-time high of $259.96 in November 2021, but has since been impacted by the collapse of exchange FTX.