Author Michael Lewis Delves Into What Went Wrong at FTX
Digging into the story of Sam Bankman-Fried.
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Digging into the story of Sam Bankman-Fried.
There are lessons to be learned from the saga of SBF and crypto exchange FTX, which extend well beyond fraud.
FTX founder Sam Bankman-Fried was found guilty on of stealing from customers of his now-bankrupt cryptocurrency exchange with his biggest fear of going to prison revealed.
ABC News(NEW YORK) -- Jurors will soon begin deliberating in the trial of FTX founder Sam Bankman-Fried, nearly a year after the cryptocurrency trading platform's collapse, as federal prosecutors are accusing him of orchestrating one of the largest financial frauds in U.S. history. Bankman-Fried, 31, faces seven counts of fraud, conspiracy and money laundering centered on his alleged use of customer deposits on FTX -- once valued at $32 billion -- to cover losses at his privately controlled hedge fund, Alameda Research, as well as to buy lavish real estate and make political donations. The def...
ABC News(NEW YORK) -- Jurors will soon begin deliberating in the trial of FTX founder Sam Bankman-Fried, nearly a year after the cryptocurrency trading platform's collapse, as federal prosecutors are accusing him of orchestrating one of the largest financial frauds in U.S. history. Bankman-Fried, 31, faces seven counts of fraud, conspiracy and money laundering centered on his alleged use of customer deposits on FTX -- once valued at $32 billion -- to cover losses at his privately controlled hedge fund, Alameda Research, as well as to buy lavish real estate and make political donations. The def...