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Finance

A Year After Sam Bankman-Fried's Downfall, Solana and Other FTX Holdings Are Flying High

The FTX founder's downfall began on Nov. 2, 2022 – a year ago Thursday – when CoinDesk published a big scoop. Jurors are poised to begin deliberating his fate on the anniversary of that story, at a time when the SOL tokens FTX owns just got $1 billion more valuable.

FTX logo (Adobe Firefly)

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Sam Bankman-Fried on Verge of Tears as His Lawyer Concludes Defense

The alleged fraudster and ex-FTX CEO acted "in good faith," Bankman-Fried's attorney said in an emotional closing argument.

Trial of Sam Bankman-Fried (Danny Nelson/CoinDesk)

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Sam Bankman-Fried Again Blames Underlings for Woes as FTX Founder Wraps Up Testimony

"So, it's your testimony that your supervisees told you to stop asking questions?" asked a prosecutor. "Did you call in your lieutenants and ask 'who spent $8 billion?'"

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

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Sam Bankman-Fried's Defense Team Makes Last-Ditch Bid to Get 'English Law' Detail in Jury Instructions

The term may have implications for the fraud charges Bankman-Fried faces.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Finance

On Bitcoin White Paper's 15th Anniversary, Wall Street Threatens to Swallow Its One-Time Challenger

The titans of finance are increasingly driving a space that, to many, was designed to put them out of business.

When Satoshi Nakamoto introduced Bitcoin in 2008, TradFi was in turmoil (Cate Gillon/Getty Images)

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Sam Bankman-Fried's Post-Collapse Media Blitz Has Clearly Backfired

The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company's collapse against him.

NEW YORK, NEW YORK - NOVEMBER 30: Andrew Ross Sorkin and Sam Bankman-Fried on stage at the 2022 New York Times DealBook on November 30, 2022 in New York City. (Photo by Thos Robinson/Getty Images for The New York Times)

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Sam Bankman-Fried Grilled by Prosecutor, Who Points Out Contradictions in His Testimony

Assistant U.S. Attorney Danielle Sassoon repeatedly cornered the FTX founder on his public statements about his involvement with his affiliated trading firm Alameda and the safety of exchange customer assets.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

Finance

Sam Bankman-Fried Rebuffed Barry Silbert's and Celsius' Requests for Help, Ex-FTX CEO Testifies at His Trial

The crypto mogul served as a white knight for other struggling companies, though, before his empire fell, too.

Barry Silbert. CEO & Founder Digital Currency Group (DCG)

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Sam Bankman-Fried Throws Caroline Ellison Under Bus in Testimony

The former FTX mogul said he asked Alameda Research, the trading firm that played a central role in the exchange’s demise and was run by his former girlfriend, to hedge risks.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)