The U.S. government pointed to potential conflicts of interest between the two crypto CEOs’ cases but added that the judges could approve waiving them after a hearing.
Trial News
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Jian Wen attempted to purchase a house worth $30 million using Bitcoin from an alleged fraudster.
12781The Terraform Labs co-founder is still in Montenegro following his prison sentence and reportedly awaits extradition to the United States.
2274A second trial for Sam Bankman-Fried would not affect his sentencing range, according to the U.S. Department of Justice.
18833Attorneys representing the alleged fraudster, Avraham Eisenberg, convinced the judge that more time was needed to sift through discovery materials submitted by U.S. prosecutors.
4077The former FTX CEO is headed back to prison and awaits a potential second trial in March, while his lawyers pledged to “continue to vigorously fight the charges against him.“
11230U.S. Attorney Damian Williams called Bankman-Fried’s crimes “a multibillion-dollar scheme designed to make him the king of crypto” and one of the biggest financial frauds in American history.
17014The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.
69835“He knew what he was doing was wrong — that’s why he never hired a risk officer,” U.S. Assistant Attorney Danielle Sassoon said.
3383Bankman-Fried pleaded not guilty to all seven counts of fraud charges related to the collapse of crypto exchange FTX.
3998The disgraced crypto executive frequently praised the need for crypto regulation in public.
7823The former FTX CEO reportedly said the donations made in his name came from “loans from Alameda Research” as part of efforts to influence U.S. regulations on crypto.
3613As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh.
2862The former FTX CEO took the stand for the first time in his criminal trial, but without members of the jury present.
5166Defense lawyers representing SBF called two witnesses, a Bahamas-based attorney and an expert from a litigation consulting firm, before the former FTX CEO’s testimony.
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