May 12, 2024
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Sam Bankman-Fried, FTX investors vs. celebrity endorsers

  • April 21, 2024

Disgraced entrepreneur Sam Bankman-Fried agreed to help FTX investors in their legal spat with the company’s celebrity endorsers, including Tom Brady, Shaquille O’Neal, Stephen Curry, and Shohei Ohtani, as well as supermodel Gisele Bundchen and actor Larry David. Bankman-Fried, who founded FTX in 2019 and caused its bankruptcy in 2022, has agreed to cooperate in

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Crypto

FTX founder Sam Bankman-Fried sentenced to 25 years in prison

  • March 28, 2024

NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. Though he described Bankman-Fried as “extremely smart,” U.S. District Judge

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