FTX Collapse

Gary Wang (left) and Nishad Singh both pleaded guilty to criminal charges and testified against their former boss and friend, FTX founder Sam Bankman-Fried. (Victor Chen, Nikhilesh De, modified by CoinDesk)
Former FTX Execs Nishad Singh, Gary Wang to Be Sentenced Later This Year
The duo pled guilty to criminal fraud charges and testified against their former boss, Sam Bankman-Fried, last year.
Gary Wang (left) and Nishad Singh both pleaded guilty to criminal charges and testified against their former boss and friend, FTX founder Sam Bankman-Fried. (Victor Chen, Nikhilesh De, modified by CoinDesk)

FTX victims view the bankruptcy process as a "second act of theft," file to recover $8 billion in forfeited assets. (Adobe Firefly)
FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets
Attorneys for the victims said the bankruptcy process has left FTX customers feeling "aggrieved and robbed."
FTX victims view the bankruptcy process as a "second act of theft," file to recover $8 billion in forfeited assets. (Adobe Firefly)

Sam Bankman-Fried (Nikhilesh De/CoinDesk)
Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Bankman-Fried’s one-time friends and co-defendants Caroline Ellison, Gary Wang, and Nishad Singh have already settled with the investors.
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)

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)

New FTX CEO John J. Ray III (C-Span)
Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
The proceeds from the sale of the shares, valued at approximately $1 billion, will go towards repaying investors.
New FTX CEO John J. Ray III (C-Span)

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)