The former CEO of collapsed crypto exchange FTX apologized in a meandering statement to the court, saying his decisions "haunt" him every day...
#FTX #SBF #SamBankmanFried #FTXCEO #FTXExchange #cryptocurrency #CryptoNews #FTXcollapse #sbftrial #sbfsentencing #crypto https://edition.cnn.com/business/live-news/sam-bankman-fried-sentencing-03-28-24/index.html
Sam Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried returns to Manhattan federal court Thursday for sentencing that could land him in prison for the next half-century. Follow here for the latest live news updates.

CNN

Prosecutors want SBF to go to prison for 4-5 decades, well over the 6.5 years suggested by his defense team. #sambankmanfried #sbf #sbftrial #ftx

https://www.coindesk.com/policy/2024/03/15/sam-bankman-fried-should-spend-40-50-years-in-prison-doj-says/

Sam Bankman-Fried’s lawyer said a suggested 100-year prison sentence for the FTX founder would be “grotesque” and “barbaric”... #cryptocurrency #FTX #SamBankmanFried #business #money #Prisonsentence #finance #FTXcollapse #FTXBankruptcy #CryptoExchangeFTX #SBF #sbftrial #currentaffairs
https://www.theguardian.com/business/2024/feb/28/sam-bankman-fried-ftx-sentence
Sam Bankman-Fried lawyer argues long prison sentence would be ‘grotesque’

Disgraced cryptocurrency mogul faces 100 years for wire fraud and conspiracy to launder money, a term his lawyer calls ‘barbaric’

The Guardian
The jury did not take long to convict Sam Bankman-Fried on all seven criminal charges he faced, including two counts of fraud and five counts of conspiracy... #cryptocurrency #crypto #CryptoNews #FTX #sbftrial #sbfverdict #money #ftxboss #finance #cryptoinvesting https://news.crunchbase.com/fintech-ecommerce/sbf-ftx-guilty-verdict-crypto-investing/
Sam Bankman-Fried Found Guilty Of Multibillion-Dollar Fraud, Marking Chapter In Crypto History

The verdict came just about a year after FTX’s epic fall from grace rattled the markets and took Bankman-Fried from the wunderkind white knight that was crypto’s savior to a poster child for greed and hubris.

Crunchbase News
FTX founder Sam Bankman-Fried found guilty of fraud - Political IQ

FTX founder Sam Bankman-Fried was found guilty of seven counts of fraud and conspiracy for his role in his crypto empire.  

Political IQ
I generally try to avoid places full of negativity for my mental health, and Mastodon sometimes flirts with being an entirely negative place, but it is amazing how positive everyone here suddenly becomes when a single billionaire actually faces consequences. #sbftrial #sbf

Sam Bankman-Fried is famously resistant to the idea that Shakespeare is the greatest writer because of “Bayesian priors” — there are thousands of other candidates over hundreds of years …

… but the absolute best people in the world to run a billion-dollar company with turned out to be a bunch of his schoolmates. What are the odds?!

--
#SBF #FTX #SamBankman #SamBankman #sbftrial #ftxtrial

Let this be a lesson to hard core 'secure software will save you' folks who believe things like 'auto delete' messages can protect you from prosecution.

Seems that the Prosecution used the fact that SBF used auto delete as further evidence of fraud.

https://www.ft.com/content/24d153b0-0c28-4946-acbe-2e93329bca52

#security #software #news #finance #sbftrial

Sam Bankman-Fried convicted of fraud over FTX’s collapse

Jury’s guilty verdict caps stunning downfall of one-time public face of the crypto industry

Financial Times
The fraud trial against FTX Co-Founder Sam Bankman-Fried continued with SBF taking the stand... #cryptocurrency #fraud #sbftrial #FTX #finance #sbffraud #crypto #law
https://finance.yahoo.com/video/sbf-cross-examined-ftx-fraud-210855515.html
SBF cross-examined in FTX fraud trial, defense rests case

The fraud trial against FTX Co-Founder Sam Bankman-Fried continued on Tuesday with SBF taking the stand. The defense made its final arguments and rested its ...

Yahoo Finance

Out of context, there's been some pretty funny things said during this trial. And since we're not back in court until next week, here's a list #sambankmanfried #sbf #SBFtrial

https://www.coindesk.com/policy/2023/10/20/the-sam-bankman-fried-trial-our-favorite-quotes-so-far/