Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)

Sam Bankman-Fried Guilty on All 7 Counts in FTX Fraud Trial

A tentative sentencing date was set for March 28, 2024. Bankman-Fried could spend decades in prison and potentially up to 115 years.
Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)
Sam Bankman-Fried outside a courthouse in July 2023. (Nikhilesh De/CoinDesk)
DOJ's Proposed 50-Year Sentence for Sam Bankman-Fried 'Disturbing,' FTX Founder's Lawyers Say
Bankman-Fried's defense team attacked prosecutors' lengthy prison term recommendation in a new letter Tuesday.
Sam Bankman-Fried outside a courthouse in July 2023. (Nikhilesh De/CoinDesk)
FTX founder Sam Bankman-Fried (Nikhilesh De/CoinDesk)
FTX Users Describe 'Emotional Toll' From Bankruptcy in Letters to Judge Ahead of Sam Bankman-Fried's Sentencing
Bankman-Fried will be sentenced later this month.
FTX founder Sam Bankman-Fried (Nikhilesh De/CoinDesk)
Sam Bankman-Fried exiting the federal courthouse at 500 Pearl Street earlier this year. (Nikhilesh De/CoinDesk)
Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says
The U.S. government also recommended an $11 billion fine and forfeiture.
Sam Bankman-Fried exiting the federal courthouse at 500 Pearl Street earlier this year. (Nikhilesh De/CoinDesk)

The SBF Trial Newsletter

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The Latest News on the SBF Trial

Sam Bankman-Fried (Nikhilesh De/CoinDesk)
Looking at Sam Bankman-Fried's Appeals Process

Bankman-Fried has 91 days to file a brief

Sam Bankman-Fried (Nikhilesh De/CoinDesk)
FTX founder Sam Bankman-Fried (Nikhilesh De/CoinDesk)
FTX Founder Sam Bankman-Fried Appeals Fraud Conviction

Bankman-Fried was convicted last year on fraud and conspiracy charges.

FTX founder Sam Bankman-Fried (Nikhilesh De/CoinDesk)
Sam Bankman-Fried (Nikhilesh De/CoinDesk)
Is the Sam Bankman-Fried Story Over?

He was sentenced last month. What did we learn?

Sam Bankman-Fried (Nikhilesh De/CoinDesk)
Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)
Sam Bankman-Fried Expresses Remorse for His Actions After Getting a 25-Year Prison Sentence

Last Thursday, while announcing the sentence U.S. District Judge Lewis Kaplan said Bankman-Fried never offered "a word of remorse" for his "terrible crimes."

Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)
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SBF Is Going to Prison for 25 Years

A judge sentenced Bankman-Fried to a quarter century after a brief hearing.

SBF Trial Newsletter Graphic
Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)
Sam Bankman-Fried Sentenced to 25 Years in Prison

The former FTX CEO was convicted of seven counts of fraud and conspiracy in November, a year after the once-giant cryptocurrency exchange collapsed.

Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)
SBF Trial Newsletter Graphic
Recapping FTX Founder Sam Bankman-Fried's Trial

Bankman-Fried's sentencing kicks off in a few hours.

SBF Trial Newsletter Graphic
Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)
U.S. Government's Legal Precedents Don't Support Lengthy Prison Term, Bankman-Fried's Defense Argues

Bankman-Fried was found guilty of fraud last year and will be sentenced on March 28.

Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)
Sam Bankman-Fried outside a courthouse in July 2023. (Nikhilesh De/CoinDesk)
DOJ's Proposed 50-Year Sentence for Sam Bankman-Fried 'Disturbing,' FTX Founder's Lawyers Say

Bankman-Fried's defense team attacked prosecutors' lengthy prison term recommendation in a new letter Tuesday.

Sam Bankman-Fried outside a courthouse in July 2023. (Nikhilesh De/CoinDesk)
Sam Bankman-Fried exiting the federal courthouse at 500 Pearl Street earlier this year. (Nikhilesh De/CoinDesk)
Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says

The U.S. government also recommended an $11 billion fine and forfeiture.

Sam Bankman-Fried exiting the federal courthouse at 500 Pearl Street earlier this year. (Nikhilesh De/CoinDesk)
The SBF TRIAL
SBF TRIAL Podcast: Inside the Courtroom With CoinDesk

Listen to the latest SBF trial updates by the CoinDesk Podcast Network.

The SBF TRIAL
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A 20+ Year Sentence? Why the Evidence Against SBF Was Too Hard to Overcome

A defense lawyer and a former prosecutor discuss what SBF’s likely sentence will be, the defense’s hope for an appeal, and whether the government will pursue the second trial....

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The Latest News on the SBF Trial

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Why SBF's Testimony So Far Has Likely Already Doomed Him

Defense lawyer Sam Enzer says Sam Bankman-Fried’s testimony had evasive answers and non sequiturs—but that the defense may now have a good argument for appeal.

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The SBF TRIAL
SBF TRIAL PODCAST 10/23: What it’s Really Like Inside the Courtroom

Listen to the latest SBF trial updates by the CoinDesk Podcast Network.

The SBF TRIAL
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Another Bad Week for Sam Bankman-Fried in His Criminal Trial

Sam Bankman-Fried is facing an even more difficult task in proving his innocence after this week’s compelling testimony by the last member of his inner circle.

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Why These Lawyers Say It's Over for SBF--But His Only Hail Mary Is to Testify

Attorneys Samson Enzer and Greg Strong say Caroline Ellison’s testimony against Sam Bankman-Fried was damning. They agree one thing could turn it around: SBF’s own testimony....

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The Latest News on the SBF Trial

The Protocol 4:3
Exploring Crypto's Role in Times of Conflict | Israel's Crypto Scene, Smart Contracts Under BitVM, and More

Covering the influence of conflict on Israel's crypto sector, the evolution of smart contracts on Bitcoin, and a comprehensive examination of the ethical, technical, and legal...

The Protocol 4:3
The SBF TRIAL
SBF TRIAL PODCAST 10/12: Caroline Ellison Testimony Day 3

Listen to the latest SBF trial updates by the CoinDesk Podcast Network.

The SBF TRIAL
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SBF’s Lawyers Could Be Annoying the Judge | How Might That Impact the Trial?

Sam Enzer, partner at Cahill Gordon & Reindel, and Brian Klein, partner at Waymaker, discuss the strategies that the defense and prosecution appear to be using, and why the te...

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Did Sam Bankman-Fried Have Intent to Defraud FTX Investors?

Joshua Ashley Klayman, Senior Counsel, U.S. Head of FinTech and Head of Blockchain & Digital Assets at Linklaters, discusses the prosecution and defense’s impassioned opening...

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SBF Trial | How Sam Bankman-Fried’s Lawyers Might Try to Win His Case

Kayvan Sadeghi, partner at Jenner & Block, and Sam Enzer, partner at Cahill Gordon & Reindel, discuss how Sam Bankman-Fried’s trial might play out and what arguments the defen...

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Here’s How Sam Bankman-Fried’s High-Stakes Trial Could Play Out

Nik De, CoinDesk's managing editor for global policy and regulation, discusses the importance of jury selection in the trial and how many years Sam Bankman-Fried may face if f...

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The SBF TRIAL
SBF TRIAL: Inside Sam Bankman-Fried's Trial Defense Episode 4

How Sam Bankman-Fried Gets Acquitted With The Odds Stacked Against Him

The SBF TRIAL

The Latest News on the SBF Trial

Sam Bankman-Fried outside court on February 9, 2023 (Liz Napolitano/CoinDesk)
DOJ 'Overreaching' in Trying to Block Sam Bankman-Fried's Proposed Witnesses, Defense Says

The DOJ, for its part, said the defense mischaracterized a proposed prosecution witness's planned testimony.

Sam Bankman-Fried outside court on February 9, 2023 (Liz Napolitano/CoinDesk)
Sam Bankman-Fried outside court on February 9, 2023 (Liz Napolitano/CoinDesk)
DOJ Slams Sam Bankman-Fried’s ‘Intrusive’ Proposed Jury Questions

In a separate filing, prosecutors went about prepping the courthouse’s tech.

Sam Bankman-Fried outside court on February 9, 2023 (Liz Napolitano/CoinDesk)
Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)
Appeal Court Punts on Bankman-Fried's Bid to Secure Release from Jail

The one-time crypto exchange executive has made several arguments to get out of jail before his trial.

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)
Digital Currency Group CEO Barry Silbert asked Sam Bankman-Fried for help, SBF testified Friday (DCG)
Sam Bankman-Fried Rebuffed Barry Silbert's and Celsius' Requests for Help, Ex-FTX CEO Testifies at His Trial

The crypto mogul served as a white knight for other struggling companies, though, before his empire fell, too.

Digital Currency Group CEO Barry Silbert asked Sam Bankman-Fried for help, SBF testified Friday (DCG)
FTX filed for bankruptcy in November 2022 (CraigRJD/Getty)
FTX Customers Hit by 'Withdrawal' Phishing Mails After SIM Swap Attack

Woes for users of Sam Bankman-Fried's former company show no signs of stopping.

FTX filed for bankruptcy in November 2022 (CraigRJD/Getty)
John J Ray III  FTX CEO in November (House Committee on Financial Services)
FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules

The motion to sell around 7.84% of Anthropic that FTX held as of January 2024 had been filed in early February 2024.

John J Ray III  FTX CEO in November (House Committee on Financial Services)
Writer Michael Lewis interviews Sam Bankman-Fried at Crypto Bahamas (Danny Nelson/CoinDesk)
Michael Lewis Was Charmed by Sam Bankman-Fried – But So Was Everyone Else

Michael Lewis is getting slammed for a relatively sympathetic portrayal of SBF. The larger question is: Why did so many people fall under Sam’s spell?

Writer Michael Lewis interviews Sam Bankman-Fried at Crypto Bahamas (Danny Nelson/CoinDesk)
NEW YORK, NEW YORK - NOVEMBER 30: Andrew Ross Sorkin and Sam Bankman-Fried on stage at the 2022 New York Times DealBook on November 30, 2022 in New York City. (Photo by Thos Robinson/Getty Images for The New York Times)
Sam Bankman-Fried's Post-Collapse Media Blitz Has Clearly Backfired

The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company's collapse against him.

NEW YORK, NEW YORK - NOVEMBER 30: Andrew Ross Sorkin and Sam Bankman-Fried on stage at the 2022 New York Times DealBook on November 30, 2022 in New York City. (Photo by Thos Robinson/Getty Images for The New York Times)
Larry David's FTX Super Bowl ad has been brought up ahead of Sam Bankman-Fried's criminal trial. (Matt Winkelmeyer/Getty Images)
Larry David’s Super Bowl Ad Casts Doubt on FTX.US Separation, DOJ Says

Sam Bankman-Fried says the FTX exchange’s bankruptcy isn’t relevant ahead of his October fraud trial.

Larry David's FTX Super Bowl ad has been brought up ahead of Sam Bankman-Fried's criminal trial. (Matt Winkelmeyer/Getty Images)
Bahamian Prime Minister Philip Davis, right, meets Pope Francis (Vatican Media via Vatican Pool/Getty Images)
Bahamian Prime Minister Asked Sam Bankman-Fried to Give His Son Advice on NFT Project

An email mentioning NFTs from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.

Bahamian Prime Minister Philip Davis, right, meets Pope Francis (Vatican Media via Vatican Pool/Getty Images)
Sam Bankman-Fried appears at the Consensus conference (Suzanne Cordiero/Shutterstock/CoinDesk)
‘Oh, Yes’: Accounting Prof Says Sam Bankman-Fried’s FTX Definitely Mishandled Customers' Money

For starters, customer funds were behind a majority of FTX’s investment into Scaramucci’s SkyBridge Capital, Peter Easton testifies.

Sam Bankman-Fried appears at the Consensus conference (Suzanne Cordiero/Shutterstock/CoinDesk)
FTX bought the naming rights to the Miami Heat arena in March. (Danny Nelson/CoinDesk)
FTX 'Hacker' Moved 15K ETH This Weekend

The moving funds, coming soon before FTX founder and former chief executive Sam Bankman-Fried goes on trial, deepens one of the ongoing mysteries around the exchange's collaps...

FTX bought the naming rights to the Miami Heat arena in March. (Danny Nelson/CoinDesk)
The Protocol 4:3
Exploring Crypto's Role in Times of Conflict | Israel's Crypto Scene, Smart Contracts Under BitVM, and More

Covering the influence of conflict on Israel's crypto sector, the evolution of smart contracts on Bitcoin, and a comprehensive examination of the ethical, technical, and legal...

The Protocol 4:3
SBF Trial Newsletter Graphic
Recapping FTX Founder Sam Bankman-Fried's Trial

Bankman-Fried's sentencing kicks off in a few hours.

SBF Trial Newsletter Graphic

The SBF Trial and How We Got Here