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Tag: sam bankman-fried

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Crypto hacking thefts double to $1.4 bln in first half of 2024, researchers say

The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a year earlier.

Read More Crypto hacking thefts double to $1.4 bln in first half of 2024, researchers say
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves the Manhattan federal court in New York City, U.S. March 30, 2023. REUTERS/Amanda Perobelli/File Photo

Sam Bankman-Fried prosecutor says coder’s cooperation sped up case

Former FTX CTO’s assistance was key to helping investigators understand how Bankman-Fried stole $8 billion in customer funds.

Read More Sam Bankman-Fried prosecutor says coder’s cooperation sped up case
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves the Manhattan federal court in New York City, U.S. March 30, 2023. REUTERS/Amanda Perobelli/File Photo

Sam Bankman-Fried apologizes to FTX ex-colleagues at sentencing hearing

Sam Bankman-Fried meant no harm to the customers of the FTX cryptocurrency exchange he founded.

Read More Sam Bankman-Fried apologizes to FTX ex-colleagues at sentencing hearing
Sam Bankman-Fried leaves Manhattan federal court in New York on Feb. 16, 2023. Bankman-Fried’s lawyers are seeking leniency next month at the FTX founder’s sentencing for cryptocurrency crimes. The lawyers filed presentence arguments late Monday, Feb. 26, 2024, in Manhattan federal court. (AP Photo/Seth Wenig, File)

FTX Founder Bankman-Fried’s Lawyer Asks Judge To Reject 100-Year Recommended Sentence, Seeks Less Than 7 Years

Lawyers for FTX founder Sam Bankman-Fried have urged a judge for a shorter sentence stating that the 100-year pre-sentence is “grotesque” and “barbaric.”

Read More FTX Founder Bankman-Fried’s Lawyer Asks Judge To Reject 100-Year Recommended Sentence, Seeks Less Than 7 Years
NEW YORK, NEW YORK - AUGUST 11: Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court on August 11, 2023 in New York City. Federal prosecutors are asking U.S. District Court Judge Lewis Kaplan to revoke Bankman-Fried's bail and to be jailed until his October criminal trial. Bankman-Fried who has pleaded not guilty to multiple conspiracy and fraud charges was accused of witness tampering after the New York Times published a story featuring personal documents of Caroline Ellison, former Alameda Research CEO. Judge Kaplan will also hear arguments on the gag order placed on Bankman-Fried that was placed as part of his bail agreement for the alleged witness tampering. (Photo by Michael M. Santiago/Getty Images)

FTX’s Sam Bankman-Fried Put In Jail, Judge Revokes Bail

A United States judge has revoked Sam Bankman-Fried’s bail on Friday after finding that the indicted founder of bankrupt cryptocurrency exchange, FTX, tampered with witnesses.

Read More FTX’s Sam Bankman-Fried Put In Jail, Judge Revokes Bail
FTX founder Sam Bankman-Fried (C) is led away handcuffed by officers of the Royal Bahamas Police Force at the Nassau, Bahamas, courthouse on December 19, 2022. - Cryptocurrency tycoon Samuel Bankman-Fried arrived at Bahamas magistrate court Monday where he could move to accept extradition to the United States to face charges over the multibillion-dollar collapse of his FTX group. (Photo by Kris INGRAHAM / AFP) (Photo by KRIS INGRAHAM/AFP via Getty Images)

Federal Prosecutors Drop Campaign Finance Charge Against FTX’s Sam Bankman-Fried

United States federal prosecutors decided on Wednesday to drop campaign finance violation charges against alleged crypto scammer and FTX founder Sam Bankman-Fried.

Read More Federal Prosecutors Drop Campaign Finance Charge Against FTX’s Sam Bankman-Fried

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