Sam Bankman-Fried

Bankman-Fried “was presumed guilty—before he was even charged,” his lawyers wrote in the 102-page brief filed on Friday.

A judge approved a $12.7 billion settlement between the CFTC and FTX to compensate defrauded customers of the failed exchange.

Sam Bankman-Fried, founder of failed crypto platform FTX, could face decades behind bars as prosecutors have asked for a ‘lengthy sentence’ of 40-50 years.

All evidence has been presented in this case and a prompt sentence is in the public interest, the prosecutors said in a letter to the judge.

The cryptocurrency guru now faces decades in prison after being found guilty of fraud, money laundering, and more.

Extraordinary allegations of corruption are being detailed in the FTX trial, but the case sidesteps his massive political donations.

‘The whole time that we were dating, he was also my boss at work, which created some awkward situations,’ Caroline Ellision stated.

‘The money belonged to customers, and the customers did not give us permission to use [it] for other things,’ former CTO testifies.

The ‘Michael Jordan of crypto’ and the ‘next Warren Buffet’ is facing seven financial fraud counts.

FTX founder Sam Bankman-Fried charged with using $100 million in stolen client funds for political contributions.

After finding probable cause that the founder of the FTX cryptocurrency exchange may have tampered with witnesses, a U.S judge revoked Sam Bankman-Fried’s bail.