Sam Bankman-Fried

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Sam Bankman-Fried, once a pivotal figure in the cryptocurrency industry, was convicted in November 2023 of committing fraud and conspiracy for stealing billions of dollars of money belonging to customers of his FTX crypto exchange, funneling the money to Alameda Research, his hedge fund. FTX had been one of the largest cryptocurrency exchanges before its demise, a major player in derivatives trading including perpetual futures. The company's undoing was spurred by a CoinDesk scoop in November 2022 showing Alameda's balance sheet was mysteriously full of the FTT token issued by FTX – calling into question both Alameda and FTX's financial stability. The Bahamas-based company filed for bankruptcy nine days after the story. Before his downfall, SBF (as the former billionaire is commonly known as) had been a leading figure in crypto, pushing for regulation of the industry in the U.S. He was a major political donor and the public face of effective altruism, a movement geared toward maximizing the amount of good done by philanthropy. SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering. His trial began in October 2023, and he was convicted on Nov. 2, 2023, a year to the day after the CoinDesk story that caused his crypto empire to crumble.

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FTX.US to Acquire Crypto Derivatives Firm LedgerX
FTX.US to Acquire Crypto Derivatives Firm LedgerX
FTX.US, the U.S. arm of Sam Bankman-Fried’s crypto trading empire FTX, is acquiring crypto derivatives firm LedgerX to possibly offer crypto futures, swaps, puts, and calls to...
FTX.US to Acquire Crypto Derivatives Firm LedgerX

FTX.US to Buy LedgerX in Bid for US Crypto Derivatives
FTX.US to Buy LedgerX in Bid for US Crypto Derivatives
FTX.US is acquiring crypto derivatives firm LedgerX by October, a move that could pave the way for Sam Bankman-Fried’s crypto empire to offer crypto futures, swaps, puts, and...
FTX.US to Buy LedgerX in Bid for US Crypto Derivatives

FTX.US President on US Expansion, Partnerships and Crypto Markets
FTX.US President on US Expansion, Partnerships and Crypto Markets
Brett Harrison, president of FTX.US, the U.S. affiliate of crypto exchange FTX, discusses future plans for the exchange as it readies offering cryptocurrency derivative tradin...
FTX.US President on US Expansion, Partnerships and Crypto Markets

MobileCoin Raises $66M to Build Out Privacy-Focused Payments Tech
MobileCoin Raises $66M to Build Out Privacy-Focused Payments Tech
MobileCoin, a privacy-oriented and mobile-first cryptocurrency project, has raised $66 million in venture capital led by Sam Bankman-Fried’s Alameda Research, Coinbase Venture...
MobileCoin Raises $66M to Build Out Privacy-Focused Payments Tech

Sam Bankman-Fried on $1T Infrastructure Bill Crypto Impact: 'Clarification Is Going to Be Sacrificed in Order to Get the Bill Moving Forward'
Sam Bankman-Fried on $1T Infrastructure Bill Crypto Impact: ‘Clarification Is Going to Be Sacrificed in Order to Get the Bill Moving Forward’
FTX CEO Sam Bankman-Fried discusses why he doesn’t think the proposed crypto provision will be amended in the Senate’s $1 trillion infrastructure bill and its potential impact...
Sam Bankman-Fried on $1T Infrastructure Bill Crypto Impact: 'Clarification Is Going to Be Sacrificed in Order to Get the Bill Moving Forward'

FTX Strikes Deal With Yield Guild Games to Sponsor Axie Infinity Players
FTX Strikes Deal With Yield Guild Games to Sponsor Axie Infinity Players
Sam Bankman-Fried’s cryptocurrency exchange FTX has struck yet another sponsorship deal. This time, with decentralized gaming startup Yield Guild Games (YGG) to sponsor Axie I...
FTX Strikes Deal With Yield Guild Games to Sponsor Axie Infinity Players

FTX Strikes 7-Year Deal With Riot Games' ‘League of Legends’
FTX Strikes 7-Year Deal With Riot Games’ ‘League of Legends’
Sam Bankman-Fried’s cryptocurrency exchange FTX has signed a multiyear deal with Riot Games for the rights to display its branding during a seasonal tournament of the popular...
FTX Strikes 7-Year Deal With Riot Games' ‘League of Legends’

FTX, MLB Announce $100K Giveaway in Bitcoin or Cash
FTX, MLB Announce $100K Giveaway in Bitcoin or Cash
Sam Bankman-Fried’s crypto exchange FTX and the Major League Baseball (MLB) are now giving away $100K worth of bitcoin.
FTX, MLB Announce $100K Giveaway in Bitcoin or Cash

Hedgehog is the latest dapp to build on Solana.
Hedgehog Markets Raises $3.5M in Funding Round
The company is testing what will be the first predictions platform on Solana's blockchain.
Hedgehog is the latest dapp to build on Solana.

FTX CEO Sam Bankman-Fried: 'Huge Expansion Potential For FTX US'
FTX CEO Sam Bankman-Fried: ‘Huge Expansion Potential For FTX US’
FTX CEO Sam Bankman-Fried discusses what’s next for his crypto exchange on the heels of a record-breaking $900 million funding round, valuing the firm at $18 billion. “There i...
FTX CEO Sam Bankman-Fried: 'Huge Expansion Potential For FTX US'