Joseph Bankman

Photo: TIMOTHY A. CLARY / AFP (Getty Images)It’s official: There will be no further attempts to salvage FTX. The once popular but now defunct crypto exchange that “misplaced” billions of dollars in user assets before collapsing in a heap of scandal is officially headed to the corporate graveyard. The Biggest Crypto Heists of 2022…So FarThe Guardian reports that FTX lawyers say that attempts to revive the exchange have been scrapped and that, instead, its assets will be liquidated and that funds will be returned to…

Sam Bankman-Fried once faced 13 criminal charges relating to his massive fraud scheme at the crypto exchange FTX. However, he’ll only face consequences for the seven charges he was found guilty of in November. Sam Bankman-Fried Using a VPN, McDonald’s AI Drive Thru Fails, Buzzfeed AI Quizzes Suck | Editor PicksThe United States Department of Justice (DOJ) dropped a second trial against Sam Bankman-Fried relating to five additional charges, according to a letter from the department to Judge Lewis Kaplan on Friday.“The…

SBF has allegedly made more than 100 calls to a New York Times reporter before handing over snippets of his ex-partner Caroline Ellison’s diary.Photo: Michael M. Santiago (Getty Images)Federal prosecutors want to once again take hold of the frizzy-haired ex-FTX head Sam Bankman-Fried and put him back in jail. Reports from inside pre-trial court hearings say the Department of Justice has had it up to here with the once-crypto kingpin leaking sensitive material to the press, alleging he’s trying to discredit witnesses.Sam…

Sam Bankman-Fried’s legal defense tried to convince a judge “nothing improper or impermissible occurred” last week when the disgraced crypto founder leaked former Alameda Research CEO and on-again-off-again girlfriend Caroline Ellison’s personal diary to The New York Times. The former FTX CEO’s defense says the leaked documents weren’t intended to “discredit a witness,” as the DOJ alleges, but was instead an attempt to respond to a “toxic media environment” he complains constantly casts him as a villain.Sam Bankman-Fried…

Department of Justice prosecutors believe disgraced FTX founder Sam Bankman-Fried leaked the diary of his sometimes girlfriend and business partner Caroline Ellison in an effort to “discredit a witness.” The contents of the 27-year-old Alameda research CEO’s private Google Docs were recently published in a New York Times article which includes entries of Ellison discussing her contentious relationship with SBF and admitting she felt unqualified to lead the company.Sam Bankman-Fried Using a VPN, McDonald’s AI Drive Thru…

Image: John Medina (Getty Images)While news of the FTX cryptocurrency exchange’s crumbling castle has come and gone, there is a new wrinkle in the tale involving one of the world’s largest singer-songwriters. After reports that Taylor Swift knew all too well that the exchange would fail and declined to sign a deal with Sam Bankman-Fried’s FTX, news has broken that she actually did jother name in the contract’s blank space. What to Watch For: Taylor Swift's "Midnights" What to Watch For: Taylor Swift's "Midnights" vinyl…

Ever since the ill-fated crypto exchange FTX imploded last year, evidence has been building of rampant criminal activity on the part of the firm’s top executives. A new report on the company’s finances published Monday does nothing to dispel that notion, revealing instead new allegations about how the failed exchange misspent billions in customer funds, splurging on everything from personal property to illegal political contributions. Sam Bankman-Fried Using a VPN, McDonald’s AI Drive Thru Fails, Buzzfeed AI Quizzes Suck…

Former CEO of failed crypto exchange FTX Sam Bankman-Fried was already ordered to live every millennial’s nightmare and move back in with his parents. Now, prosecutors have laid out how SBF is being grounded, curtailing his ability to access the internet or even play any online video games.Is This the End of Apple’s Lightning Cable?Bankman-Fried, who commonly goes by “SBF” online, is awaiting trial regarding 12 fraud, conspiracy, and campaign finance charges regarding his time heading the now-bankrupt FTX. According to…

US prosecutors urged a judge to impose tight restrictions on indicted FTX cryptocurrency exchange founder Sam Bankman-Fried's internet use, arguing existing conditions "leave too much room for inappropriate conduct." Separately, court documents earlier on Wednesday revealed that a former Stanford University law school dean and a computer science researcher at the school co-signed Bankman-Fried's bond alongside his parents. He is out on $250 million bond after pleading not guilty to fraud charges stemming from now-bankrupt…

Sam Bankman-Fried has been charged with eight counts of fraud and conspiracy for using FTX customer funds as a personal piggy bank with his hedge fund Alameda Research.Photo: Michael M. Santiago (Getty Images)Failed co-founder and CEO of the FTX crypto exchange Sam Bankman-Fried reportedly has a few layers of security while he’s at home waiting for trial, including security guards and a 75-pound German shepherd. Though since his address is easily Googleable, angry former fans still seem intent on paying the once-crypto…