sbf
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Sam Bankman-Fried Will Move From New York Jail to California
Sam Bankman-Fried, or SBF, the disgraced cryptocurrency executive who was sentenced to 25 years in prison for fraud, will be transferred from Brooklyn, New York, to Mendota, California, against his wishes, the Wall Street Journal reports. SBF was planning to stay in New York while helping to prepare his appeal, but now, according to the…
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SBF Testifies That Alameda Only ‘Borrowed’ Customer Funds
Sam Bankman-Fried testified before a jury for the first time on Friday saying he did not defraud FTX customers or take their funds, according to Bloomberg’s live reporting of the trial. The FTX and Alameda’s founder said that Alameda “borrowed” them, but admitted “a lot of people got hurt.” After the jury was unexpectedly sent…
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SBF Requests More Adderall to Ensure He Can Testify
Sam Bankman-Fried’s defense team requested a higher, longer-lasting dose of Adderall on Sunday night, so their client can meaningfully participate in his ongoing trial. “As we approach the defense case and the critical decision of whether Mr. Bankman-Fried will testify, the defense has a growing concern that because of Mr. Bankman-Fried’s lack of access to…
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Judge Throws Bankman-Fried Back in Jail
Once the lord of a multibillion-dollar crypto empire under the FTX brand name, Sam Bankman-Fried will now have to prepare himself for his upcoming trial from a cell. A New York federal judge revoked Bankman-Fried’s bail and sent the crypto wiz to jail Friday to await trial later this year. In a bail hearing, U.S.…