SBF Trial

Follow the Sam Bankman-Fried trial after the collapse of his FTX crypto empire.

SBF Trial

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Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says

The U.S. government also recommended an $11 billion fine and forfeiture.

FTX's Sam Bankman-Fried exiting a federal courthouse in New York last year. (Nikhilesh De/CoinDesk)

Policy

Sam Bankman-Fried Doesn't Want to Go to Prison for 100 Years

Bankman-Fried's legal team brought 29 character references in pleading for a lenient sentence.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

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Sam Bankman-Fried Asks for 6.5 Year Prison Term After Conviction in FTX Collapse

Bankman-Fried's lawyers objected to the Presentence Investigation Report (PSR) which recommends a sentence of 100 years in prison calling it "grotesque."

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules

The motion to sell around 7.84% of Anthropic that FTX held as of January 2024 had been filed in early February 2024.

John J Ray III took over as FTX CEO in November 2022 (House Committee on Financial Services)

Policy

Sam Bankman-Fried Replaces Lawyers Ahead of Sentencing

Bankman-Fried replaced his former lawyers, Mark Cohen and Christian Everdale, as he’s headed into sentencing negotiations.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

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Sam Bankman-Fried's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to Recover Funds

Bankman and Fried, both professors at Stanford Law School, argued that Bankman did not have a fiduciary relationship with FTX .

Barbara Fried and Joe Bankman at the federal courthouse where their son, Sam Bankman-Fried, was preparing to testify on Oct. 26, 2023 (Victor Chen/CoinDesk)

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Judge Denies Sam Bankman-Fried Request for a Longer Sentencing Process

Bankman-Fried's defense team asked for a four to six week extension for his sentencing scheduled in late March, citing a possible second trial that may begin earlier in the month.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

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Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial

Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX.

A musician in downtown Nassau, The Bahamas on a day no cruise ship had docked
Courtesy: Amitoj Singh/CoinDesk
Date: October 2023

Policy

SBF Trial: The Last Day of Summer Camp

Sam Bankman-Fried's trial ended, in the words of his defense attorney, "gradually, then suddenly."

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