Follow the latest Sam Bankman-Fried news, videos, and analysis from ABC News.
November 20, 2024 at 5:12 PM
No prison for FTX co-founder who cooperated in case against Sam Bankman-Fried
An apologetic FTX co-founder has been sentenced to no time in prison after a prosecutor and a judge praised his cooperation against Sam Bankman-Fried and his efforts to recover money for victims of the cryptocurrency fraud
November 20, 2024 at 5:12 PM
2 months ago
FTX founder's ex-girlfriend sentenced to 2 years in prison for fraud case
Former crypto executive Caroline Ellison had pleaded guilty in connection with the federal fraud and conspiracy case involving the crypto trading platform FTX.
2 months ago
3 months ago
Sam Bankman-Fried appeals fraud conviction tied to FTX collapse
Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, was convicted because of a "false narrative," according to his defense team.
3 months ago
8 months ago
Bankman-Fried speaks after sentencing: 'I'm haunted, every day, by what was lost'
Former crypto entrepreneur Sam Bankman-Fried told ABC News in an exclusive interview that he is remorseful for his actions.
8 months ago
8 months ago
Sam Bankman-Fried reacts to 25-year prison sentence for financial fraud
In written responses provided exclusively to ABC News, Bankman-Fried insists he feels remorse: “I never thought what I was doing was illegal.”
8 months ago
8 months ago
Sam Bankman-Fried gets 25 years
Experts said the former "king of crypto" could end up serving as little as 12 years in prison with good behavior and by completing rehab programs. ABC News’ Rhiannon Ally reports.
8 months ago
8 months ago
By The Numbers: Sam Bankman-Fried sentencing
A look at the numbers behind Crypto entrepreneur Sam Bankman-Fried's 25-year prison sentence for defrauding users of the collapsed cryptocurrency exchange FTX.
8 months ago
8 months ago
What comes next after sentencing of FTX founder Sam Bankman-Fried
ABC News’ Phil Lipof speaks with ABC News legal contributor Kim Wehle about the judge giving Bankman-Fried a 25-year sentence and what happens to the victims now.
8 months ago
8 months ago
Disgraced FTX founder sentenced to 25 years on federal charges
Sam Bankman-Fried was sentenced to 25 years in prison and ordered to pay $11 billion for orchestrating one of the biggest cases of financial fraud.
8 months ago
8 months ago
Disgraced crypto CEO Sam Bankman-Fried sentenced to 25 years, must pay $11 billion
Sam Bankman-Fried was sentenced to 25 years in prison Thursday for orchestrating what prosecutors have called one of the biggest financial frauds in American history.
8 months ago
8 months ago
Sam Bankman-Fried sentenced to 25 years in prison
The disgraced former FTX CEO must forfeit $11 billion that the government can use to compensate victims.
8 months ago
8 months ago
A timeline of the historic collapse of FTX
Bankman-Fried received a sentence of 25 years in prison on Thursday.
8 months ago
8 months ago
Former crypto king Sam Bankman-Fried set for sentencing
Former FTX CEO Sam Bankman-Fried is set to be sentenced for a multibillion-dollar fraud scheme.
8 months ago
8 months ago
Sam Bankman-Fried to be sentenced Thursday for financial fraud
Sam Bankman-Fried will be sentenced Thursday for orchestrating what prosecutors have called one of the biggest financial frauds in American history.
8 months ago
8 months ago
Sam Bankman-Fried to be sentenced for financial fraud
The former billionaire and FTX founder will be sentenced on Thursday for orchestrating what prosecutors have called one of the biggest financial frauds in American history.
8 months ago
1 year ago
Former crypto mogul Sam Bankman-Fried facing 110 years in prison
The FTX founder was found guilty on seven counts of fraud and conspiracy in what prosecutors called “one of the biggest financial frauds” in U.S. history.
1 year ago
1 year ago
Sam Bankman-Fried convicted in fraud and conspiracy trial, faces 110 years in prison
Sam Bankman-Fried was charged with seven counts of fraud, conspiracy and money laundering centered on his alleged use of customer deposits on FTX.
1 year ago
1 year ago
Sam Bankman-Fried found guilty in fraud, conspiracy trial
A jury took just four hours to convict Bankman-Fried of what prosecutors called one of the biggest financial frauds in American history that cost customers of his crypto exchange FTX billions of dollars.
1 year ago
1 year ago
Sam Bankman-Fried found guilty in financial fraud trial
FTX founder Sam Bankman-Fried was found guilty in his criminal fraud trial by a federal jury in Manhattan.
1 year ago
1 year ago
Key moments from trial of former FTX CEO Sam Bankman-Fried
FTX founder Sam Bankman-Fried is standing trial nearly a year after the cryptocurrency trading platform's collapse.
1 year ago
1 year ago
Sam Bankman-Fried says he didn't know about hedge fund spending $8B
FTX founder and former crypto billionaire Sam Bankman-Fried continued to testify Tuesday at his federal fraud and conspiracy trial.
1 year ago
1 year ago
Sam Bankman-Fried grilled by government prosecutors in fraud case
The former FTX founder was cross-examined by prosecutors and answered pointed questions about inconsistencies between his public and private statements about the security of user funds.
1 year ago
1 year ago
FTX founder testifies Caroline Ellison 'started crying' at hedge fund concerns
FTX founder Sam Bankman-Fried told the jury Monday he confronted Caroline Ellison with concerns Alameda Research could become insolvent.
1 year ago
1 year ago
Sam Bankman-Fried testifies on the stand for first time
The former billionaire's fortune wiped out with his company's collapse explaining himself on the witness stand as he faces charges that could put him away for life.
1 year ago
1 year ago
Sam Bankman-Fried set to testify in his own defense
The 31-year-old is accused of using billions in FTX customer money to pay debts at his hedge fund, buy real estate and make political contributions as he sought influence in Washington.
1 year ago
1 year ago
Sam Bankman-Fried will testify in his own defense, lawyers say
Sam Bankman-Fried is expected to testify as soon as Thursday in his own defense, his lawyers signaled during a telephone hearing Wednesday.
1 year ago
1 year ago
FTX founder’s ex-girlfriend testifies in crypto fraud trial
The defense will cross-examine Caroline Ellison on Thursday, one day after she told the jury she helped Sam Bankman-Fried plunder billions while working at FTX.
1 year ago
1 year ago
Sam Bankman-Fried didn't think rules applied to him, ex-girlfriend says
Sam Bankman-Fried believed in utilitarianism and said rules against lying or stealing inhibited his ability to maximize the greatest benefit, his ex-girlfriend testified.
1 year ago
1 year ago
Ex-girlfriend of disgraced FTX founder delivers damning testimony in court
Caroline Ellison, the former girlfriend of ex-crypto king Sam Bankman-Fried, took the stand as part of her own guilty plea with federal prosecutors.
1 year ago
1 year ago
Sam Bankman-Fried thought he had 5% chance of becoming president, ex-girlfriend says
Disgraced crypto executive Sam Bankman-Fried thought there was a "5% chance he would become president," his ex-girlfriend testified Tuesday.
1 year ago
1 year ago
Sam Bankman-Fried thought he had 5% chance of becoming president, ex-girlfriend says
Disgraced crypto executive Sam Bankman-Fried thought there was a "5% chance he would become president," his ex-girlfriend testified Tuesday.
1 year ago
1 year ago
FTX founder slept on bean bag at $35M Bahamas apartment: Witness
Adam Yedidia, who worked as a developer at FTX, testified Alameda, Bankman-Fried’s privately controlled hedge fund, paid for the apartment.
1 year ago
1 year ago
Author Michael Lewis on Sam Bankman-Fried: Intent ‘is the tricky part’
ABC News’ Linsey Davis spoke with author Michael Lewis about his new book, “Going Infinite: The Rise and Fall of a New Tycoon,” on the collapse of Sam Bankman-Fried’s crypto empire.
1 year ago
1 year ago
Sam Bankman-Fried goes on trial
The disgraced founder of FTX is set to appear in a Manhattan courthouse as jury selection begins in his criminal trial.
1 year ago
1 year ago
Trial of former crypto billionaire Sam Bankman-Fried set to begin
Sam Bankman-Fried's trial could last as long as six weeks.
1 year ago
1 year ago
Sam Bankman-Fried jailed in NY after bail revoked
FTX founder Sam Bankman-Fried had his $250 million bail revoked by a judge after prosecutors argued that he attempted to tamper with witnesses.
1 year ago
1 year ago
Judge revokes bail for disgraced FTX founder Sam Bankman-Fried
Disgraced FTX founder Sam Bankman-Fried has had his bail revoked and he has been immediately remanded to custody of the U.S. Marshals.
1 year ago
1 year ago
Judge revokes bail for FTX founder Sam Bankman-Fried
A judge revoked FTX founder Sam Bankman-Fried's bail after prosecutors accused him of witness tampering.
1 year ago
1 year ago
FTX founder Sam Bankman-Fried still faces campaign finance charge, prosecutors say
Prosecutors had dropped the charge against Bankman-Fried last month on a technicality.
1 year ago
1 year ago
Prosecutors seek bail revocation for FTX founder Sam Bankman-Fried
Prosecutors balked at Bankman-Fried's sharing with The New York Times excerpts from the personal documents of Caroline Ellison, who led his Alameda Research hedge fund.
1 year ago
2 years ago
FTX crypto collapse: Sam Bankman-Fried seeks to dismiss most criminal charges
Sam Bankman-Fried on Monday sought to dismiss most of the criminal charges he faces in connection with the collapse of FTX.
2 years ago
2 years ago
Disgraced crypto exec Sam Bankman-Fried faces new bribery charge and bail conditions
Embattled crypto executive Sam Bankman-Fried now faces a criminal charge of conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act.
2 years ago
2 years ago
Former FTX exec pleads guilty to charges related to crypto exchange's collapse
Nishad Singh, former director of engineering at FTX, pleaded guilty Tuesday to charges related to the cryptocurrency exchange's collapse.
2 years ago
2 years ago
FTX founder Sam Bankman-Fried faces 4 new charges
Disgraced FTX founder Sam Bankman-Fried of conspiracy contained in a superseding indictment unsealed Thursday.
2 years ago
2 years ago
Judge raises possibility of revoking Sam Bankman-Fried's bail
A judge raised the possibility of revoking bail and remanding Sam Bankman-Fried into custody for possible witness tampering.
2 years ago
2 years ago
Sam Bankman-Fried agrees to stop using Signal and other encrypted messaging apps
Bankman-Fried sought permission from the judge to use WhatsApp with monitoring software installed on his devices and to send ordinary texts.
2 years ago
2 years ago
Sam Bankman-Fried has tried to contact potential witnesses, government says
Disgraced crypto executive Sam Bankman-Fried has made “recent attempts” to contact prospective witnesses in his criminal case, federal prosecutors said Friday.
2 years ago
2 years ago
Over $600M in assets seized from FTX founder: Court filing
The federal government has seized more than $600 million in assets from disgraced cryptocurrency executive Sam-Bankman Fried this month, according to a new court filing.
2 years ago
2 years ago
New indication of the true scope of the FTX cryptocurrency collapse
Prosecutors say the company could owe money to more than a million people.
2 years ago
2 years ago
Will FTX traders get their money back? Bankruptcy experts weigh in
Creditors in FTX's multibillion dollar bankruptcy could number more than a million.
2 years ago