SBF Says Court Narrative Was Misleading in Latest The New York Sun Interview

Sam Bankman-Fried criticizes the handling of his fraud trial in The New York Sun interview, claiming the prosecution misled the jury. He also condemns Democratic policies on crypto, calling the Republican Party “more reasonable.”
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FTX Sets January 3, 2025 as Date for Chapter 11 Reorganization Plan

FTX debtors have finalized January 3, 2025 as the initial distribution date for its court-approved Chapter 11 Plan of Reorganization just over two years after the Sam Bankman-Fried’s crypto exchange collapsed in November 2022. FTX Debtors To Pay Back Victims Of Doomed Crypto Exchange According to a December 16 press release from FTX and its […]
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Alameda Research CEO Caroline Ellison’s Prison Release Date Moved Up

Former Alameda Research CEO Caroline Ellison’s prison release date has been moved up just three weeks after the one-time girlfriend of FTX founder Sam Bankman-Fried reported to prison for her role in the multi-billion dollar crypto scandal, Federal Bureau of Prisons records seen by Business Insider this week reveal. Ellison formally began her time behind bars on November 7.
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Damian Williams, U.S. Attorney Behind SBF Conviction, to Resign

U.S. Attorney Damian Williams, responsible for prosecuting Sam Bankman-Fried and other high-profile cases, announced his resignation on November 25. His departure sets the stage for a new leader in the Southern District of New York, with Edward Y. Kim set to take over.
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FTX’s Gary Wang Gets No Prison Time

According to multiple reports, U.S. District Judge Lewis Kaplan sentenced Wang to time served, three years of supervised release, and has been ordered to forfeit illicit funds obtained as part of the scheme. Wang was responsible for writing the actual code that executed illicit transactions of FTX customer funds.
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Former SEC Chair Jay Clayton Tapped By Donald Trump For USDNY Attorney Role

Former United States Securities and Exchange Commission (SEC) Chair Jay Clayton has been selected By President-elect Donald Trump to serve as the U.S. attorney for the Southern District of New York, the former U.S. president announced Thursday, November 14. Clayton previously served as SEC Chair from 2017 to 2020, notably approving a federal securities lawsuit against Ripple Labs.
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