Sam Bankman-Fried

Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications director, has expressed concern over the length of Sam Bankman-Fried's prison sentence, calling the 25-year term excessive despite being personally impacted by the collapse of FTX. "Is 25 years too steep of a...

The past week was a rollercoaster ride in the world of finance and cryptocurrency. From the early release of a notorious fraudster to a heated debate over Bitcoin’s value, the weekend was packed with intriguing stories. Here’s a quick recap of the top stories that made headlines. Sam...

Sam Bankman-Fried, the fallen cryptocurrency mogul who once promised to "build the future of finance," is now projected to walk out of federal custody on Dec. 14, 2044, more than four years earlier than the 25-year sentence he received last spring. What Happened: The Federal Bureau of Prisons lists...

The FTX Recovery Trust will distribute more than $5 billion to creditors starting May 30, as part of its second payout under the Chapter 11 bankruptcy plan. This marks a significant step in addressing claims from the collapse of FTX, the cryptocurrency exchange that imploded in November 2022. The...

A federal judge in Florida has tossed out the bulk of allegations targeting celebrities and social media influencers who endorsed the failed cryptocurrency exchange FTX. What Happened: Among those cleared of most claims are NFL legend Tom Brady, supermodel Gisele Bündchen, investor Kevin O'Leary,...

Anthony Scaramucci, who is known for his short stint as the White House communications director under Donald Trump, has opened up about his professional setbacks, including a significant loss due to a fraudulent act by Sam Bankman-Fried. What Happened: Scaramucci’s professional journey has...

Disgraced cryptocurrency mogul Sam Bankman-Fried weighed in on the future of digital assets under President Donald Trump’s administration, according to an interview from his prison released Thursday. What Happened: In an interview with popular media personality Tucker Carlson, Bankman-...

Jailed cryptocurrency fraudster Sam Bankman-Fried shared his prison experience and interaction with fellow inmate rapper Sean Combs, popularly known as "Diddy," according to an interview released Thursday. What Happened: In an interview with popular media personality Tucker Carlson,...

Sam Bankman-Fried, the convicted founder of FTX, has posted on social media for the first time in nearly two years, commenting on government layoffs while reflecting on his own experiences with corporate downsizing. What Happened: In a series of tweets on Tuesday, Bankman-Fried, who is currently...

The parents of former FTX CEO Sam Bankman-Fried are pursuing a presidential pardon for their son from Donald Trump, according to a report. What Happened: Joseph Bankman and Barbara Fried, both Stanford Law professors, have been in discussions with legal experts and individuals within Trump's...

Cryptocurrency Solana (CRYPTO: SOL) has soared in value in recent days, driven by companies filing to launch Solana ETFs, the continued strength of meme coins, and optimism for the crypto sector. On Nov. 21, Solana hit an all-time high, which comes years after the cryptocurrency was nearly left for...

Archegos Capital Management founder Bill Hwang was sentenced on Wednesday to 18 years in prison for fraud and market manipulation tied to the fund's dramatic collapse in 2021.  The Details: Hwang was sentenced by U.S. District Judge Alvin Hellerstein in New York to slightly less time than the...

The U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint to seize approximately $16 million in cryptocurrency held in a Binance account. What Happened: This action follows a year-long investigation into funds allegedly linked to bribes authorized by Sam Bankman-Fried, former CEO...

FTX, once a leading crypto exchange for Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE), has reportedly filed a lawsuit against former White House communications director Anthony Scaramucci as well as his hedge fund SkyBridge Capital.  What Happened: The lawsuit against...

The U.S. government is negotiating the recovery of approximately $13.25 million in political contributions made by former FTX executives, according to a recent federal court filing. What Happened: The government has asked for an extension until Jan. 15 to continue discussions with several...