February 06, 2024
Prosecutors alerted a New York federal judge Tuesday about a possible conflict stemming from Sam Bankman-Fried's recent hiring of Marc Mukasey, who also represents Celsius founder Alex Mashinsky in his criminal proceedings, noting Celsius lent money to Alameda Research, which repaid some of the loans using FTX's customer funds.
January 09, 2024
Sam Bankman-Fried has retained prominent white collar lawyer Marc Mukasey as the disgraced founder of FTX prepares for his upcoming sentencing as well as a likely appeal, according to a filing in New York federal court Tuesday.
January 02, 2024
Federal prosecutors have asked a Manhattan federal judge to consider evidence related to additional charges against FTX founder Sam Bankman-Fried as part of his March sentencing rather than litigate them at a second trial.
January 01, 2024
The coming year's big cases developing in New York courts involve the protracted legal woes of Donald Trump, bribery allegations against Sen. Bob Menendez and a high-stakes fight over whether artificial intelligence has been purposefully deployed to engage in flagrant copyright theft.
January 01, 2024
The coming year will see the U.S. Securities and Exchange Commission battle with crypto exchanges over how securities laws apply to digital assets, while federal prosecutors will be focused on holding crypto firms and executives responsible for vast compliance failures that happened under their watch.
December 20, 2023
A New York federal judge on Wednesday quickly rejected Sam Bankman-Fried's request for a six-week sentencing adjournment, posting his denial order before the motion was officially docketed, saying that the defense has already been granted one extension and has had plenty of time to prepare for the upcoming scheduled dates.
November 03, 2023
The judge mulling FTX founder Sam Bankman-Fried's fate following his conviction Thursday in New York federal court will have to balance numerous factors in determining the appropriate sentence for the fallen crypto king, but the weightiest will be the scale of the multibillion-dollar fraud scheme at the heart of the case, according to experts.
November 03, 2023
Experts say FTX founder Sam Bankman-Fried's decision to take the witness stand at trial was a valid, though risky, tactical move. But in the end, the defendant was unable to convincingly explain away mountains of evidence that he stole billions from customers of his now-collapsed crypto exchange.
November 02, 2023
A Manhattan federal jury quickly convicted FTX founder Sam Bankman-Fried on Thursday of defrauding customers who placed billions of dollars with the fallen cryptocurrency exchange and of fleecing its investors and lenders by secretly spending huge sums for his own benefit.
November 02, 2023
Law360 reporters are providing live coverage of the trial of FTX Trading Ltd. founder Sam Bankman-Fried. Follow along here.