The dishevelled former wunderkind fooled Silicon Valley and stole billions from customers, a court found.
source
Related Posts
One last gamble beckons for Sam Bankman-FriedOn Monday, it was the turn of Nishad Singh, a childhood friend of Mr Bankman-Fried's brother, who said he had complained repeatedly about Mr Bankman-Fried's lavish spending on investments, marketing and sports sponsorships and felt the company, intended to be a force for good, ultimately became "evil".source
US court rules Sam Bankman-Fried to stay in jail pending trialBankman-Fried faces charges of fraud and conspiracy stemming from the collapse of cryptocurrency exchange FTX.An appeals court in the United States has upheld a decision to revoke former cryptocurrency billionaire Sam Bankman-Fried’s bail and hold him in custody pending trial. Bankman-Fried is accused of fraud stemming from the November 2022…
Sam Bankman-Fried: Key moments leading up to FTX founder’s trialThe former billionaire’s fraud trial stems from the dramatic collapse of the FTX cryptocurrency exchange he founded.Sam Bankman-Fried’s fraud trial, which kicked off on Tuesday in the United States, marks the culmination of a yearlong legal saga stemming from the dramatic collapse of the FTX cryptocurrency exchange he founded. The…