The FTX founder’s fraud trial began selecting a jury Tuesday as lawyers spar about what evidence its members can see.
Several prospective jurors revealed that they or loved ones lost money on crypto, including one whose brother was nearly ruined.
The FTX founder is protesting insurance firm CNA’s policy as his legal woes cost him serious money.
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As we prepare to hear from the DOJ and Sam Bankman-Fried, here’s what the former crypto executive had to say about FTX’s collapse last year.
Lawyers are still quibbling over what evidence can be brought to the FTX founder’s fraud trial, hours before jury selection is due to start.
The trial for the founder of the collapsed crypto exchange FTX is scheduled to start Tuesday, and his lawyers are scoping out the range of arguments they might present.
Sam Bankman-Fried's trial is set to start this Tuesday, and some of his former closest friends, have become his biggest threat.
Latest news from the SBF Trial Newsletter
FTX founder Sam Bankman Fried's trial is set to begin on Tuesday Coin Desk's global policy and regulation managing editor Nikhilesh De discusses what to expect from the court house Plus 15 000 ether ETH sitting in a wallet associated with last year's 600 million attack on FTX s wallets have now moved through privacy [...]
Crypto's biggest trial begins tomorrow. Its outcome may hinge on Sam Bankman-Fried's former colleagues.
Michael Lewis revealed management failings at crypto exchange FTX and a multi-billion-dollar plan to keep Donald Trump from running for office again, in an interview with CBS.
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 collapse last year.
Sam Bankman-Fried's defense team can't stress the role of attorneys at Fenwick & West in his opening statement, but can still try raising the "advice-of-counsel" defense later in the trial, Judge Lewis Kaplan said Sunday.
The filings come just a few days before the trial is set to begin.
The DOJ has already objected to some of the defense's proposed jury questions.
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 found guilty.
Sam Bankman Fried will head to court on Oct 3 facing charges related to fraud and conspiracy The FTX founder has pleaded not guilty and awaits his trial in jail Coin Desk Daily host Jennifer Sanasie breaks down what former colleagues are set to testify against the 31 year old who was once known as [...]
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A federal judge ruled on Thursday that Sam Bankman Fried will have to remain in jail for the duration of his trial denying the FTX founder's third attempt at being released from prison to prepare for his defense Coin Desk's global policy and regulation managing editor Nikhilesh De discusses the Judge's decision and an outlook [...]
“I don’t really know what ‘happiness’ means”: FTX founder would have defended himself against the internet.
Sam Bankman-Fried drafted a set of tweets discussing his use of an antidepressant.
“I'd say I'd need to know a little bit more about crypto and how people actually invest in it.” Asking New York City individuals about Sam Bankman-Fried and being on the jury.
How Sam Bankman-Fried Gets Acquitted With The Odds Stacked Against Him
The court will only meet four days most weeks, the calendar shows.
As Sam Bankman-Fried's trial approaches on Oct. 3, CoinDesk TV producers asked people in New York City what they know about about FTX collapse and the exchange's founder. Bankman-Fried's jury will include randomly selected New York residents, so interviewees explained their perceptions regarding the case.
Bankman-Fried’s lawyers had requested that he be released for the duration of his trial to ensure that he is able to review material and speak with his counsel.
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Bankman-Fried had a few small wins in court, but his big challenge – securing a temporary release – may be decided later today.
Did FTX’s Collapse Happen According to His Rival’s Plan?
The FTX founder's defense team asked for Bankman-Fried to be released into his attorneys' custody during the trial.
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Judge Lewis Kaplan will also allow Bankman-Fried to appear in a suit for the trial.
While Bankman-Fried's lawyers tried again to get him out of jail just days ahead of his trial, the judge overseeing the case inched closer to resolving some outstanding issues.
Why SBF Thinks His Lawyers Sold Him Out
The judge overseeing the FTX founder's case sorted through some pretrial motions on Tuesday.
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Lawyers for Sam Bankman Fried filed another letter late Monday to the Judge overseeing the case hoping to once again request for the FTX founder's temporary release from prison before the trial starts on Oct 3 Coin Desk's global policy and regulation managing editor Nikhilesh De discusses the arguments and terms of the letter Plus [...]
The former CEO who founded FTX, Sam Bankman-Fried, is probably not having a great time as he awaits his criminal trial in federal court.
SBF’s Trial Defense Is Dissected By The Prosecutor Who Took Down Bernie Madoff
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An examination of SBF’s trial defense.
The FTX founder will be defending himself against wire fraud and conspiracy charges. Here's what that means.
Latest news from the SBF Trial Newsletter
Bankman-Fried suffered two procedural losses.
An appeals court rejected his attorneys’ attempt to free him in the run-up to the trial.
SBF's defense can try again to put some of the FTX founder's witnesses on the stand, though the U.S. Justice Department may still object, Judge Lewis Kaplan wrote.
Latest news from the SBF Trial Newsletter
Prosecutors will need a jury to reach a unanimous verdict to convict the FTX founder.
For “SBF Trial,” read Sam, Bankman and Fried. As prosecutors attempt to claw back “misappropriated funds” from FTX, they say SBF’s parents, Joseph Bankman and Barbara Fried, played a key role in siphoning off assets and directing operations.
An Alameda balance sheet revealed just how fraught FTX’s situation was.
FTX sued Joseph Bankman and Barbara Fried for misappropriating millions, including $5.5 million in donations to Stanford University.
The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus.
The one-time crypto exchange executive has made several arguments to get out of jail before his trial.
Bankrupt crypto exchange FTX has sued founder and former CEO Sam Bankman-Fried's parents, Joseph Bankman and Barbara Fried over "misappropriated funds," according to the company's court filing on Monday. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the allegations mentioned in the lawsuit.
Sam Bankman-Fried is two weeks away from trial. His next hope is a sympathetic jury.
The filing, redacted in parts, asks the court to award the FTX estate damages, the return of any property given or payment made to the parents.
The U S Department of Justice argues FTX founder Sam Bankman Fried’s proposed jury questions are unnecessarily intrusive and may be intended to support his defense according to a letter written by prosecutors to Judge Lewis Kaplan of the Southern District of New York Coin Desk's global policy and regulation managing editor Nikhilesh De breaks [...]
In a separate filing, prosecutors went about prepping the courthouse’s tech.
FTX founder Sam Bankman-Fried will have to continue preparing his defense from behind bars, after a U.S. federal judge refused his motion for a temporary release. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down Judge Lewis Kaplan's memo and what this means for Bankman-Fried's upcoming trial in October.
The FTX founder lost his bid for a “temporary release” from jail ahead of trial.
Bankman-Fried will go on trial next month.
The DOJ, for its part, said the defense mischaracterized a proposed prosecution witness's planned testimony.
The filings come amid a back-and-forth over whether Bankman-Fried should be released from jail to work on his defense.
Attorneys for Sam Bankman Fried are clapping back at the Department of Justice in a new memo Friday claiming prosecutors exaggerated the amount of access FTX founder really has to defense material Coin Desk's global policy and regulation managing editor Nikhilesh De breaks down the arguments in the letter and whether Bankman Fried has a [...]
Prosecutors said they had fixed most of Bankman-Fried's laptop issues with the defense's help earlier this week. The defense continues to push for a "temporary release."
Former co CEO of FTX Digital Markets Ryan Salame pleaded guilty to a number of federal criminal charges tied to the exchange The former FTX executive has been ordered to forfeit more than 1 5 billion dollars as a part of his plea agreement with the government Coin Desk's global policy and regulation managing editor [...]
Salame admitted to being a "straw donor” to secretly funnel millions of dollars to Republican political candidates while Bankman-Fried donated to Democrats.
The former FTX CEO is trying to win back his freedom – at least temporarily – to prepare for his October trial.