USA v. BANKMAN-FRIED

  1. December 21, 2022

    2 Bankman-Fried Allies Plead Guilty, To Aid Feds In FTX Case

    Former FTX technology chief Zixiao "Gary" Wang and Caroline Ellison, who ran the crypto hedge fund of indicted former FTX CEO Sam Bankman-Fried, have pled guilty and are cooperating with the Manhattan U.S. attorney's office in its case against Bankman-Fried, authorities said Wednesday night.

  2. December 19, 2022

    FTX Founder Sam Bankman-Fried To Waive Extradition

    Disgraced FTX founder Sam Bankman-Fried will not fight extradition from the Bahamas on U.S. criminal charges of a yearslong scheme to steal billions from the now-collapsed crypto exchange, a source familiar with the matter told Law360 on Monday. 

  3. December 15, 2022

    Regulators' Strategies Toward FTX Reveal Crypto Law Gaps

    Securities and commodities regulators pursued divergent paths in leveling charges this week against defunct cryptocurrency exchange FTX and its founder Sam Bankman-Fried, revealing gaps in crypto enforcement that legal experts say will persist absent clearer boundaries set by Congress.

  4. December 13, 2022

    Feds Back FTX Founder Into Corner As Charges Mount

    FTX founder Sam Bankman-Fried's past proclamations of ignorance won't offer much of a defense against an avalanche of fraud and conspiracy charges announced Tuesday, according to outside attorneys who say he might be wise to consider negotiating a plea.

  5. December 13, 2022

    FTX Founder Ran Historic Fraud, Feds Charge

    Prosecutors unveiled an indictment Tuesday charging disgraced FTX founder Sam Bankman-Fried with a multiyear scheme to siphon billions of dollars out of the now-collapsed crypto exchange, in what the Manhattan U.S. Attorney called "one of the biggest financial frauds in American history."

  6. December 12, 2022

    FTX Founder Sam Bankman-Fried Arrested In The Bahamas

    Disgraced former cryptocurrency billionaire and FTX founder Sam Bankman-Fried was arrested Monday in the Bahamas at the request of U.S. prosecutors, according to officials in both governments.