FTX Collapse

Sam Bankman-Fried outside court in July 2023. (Nikhilesh De/CoinDesk)
Bankman-Fried Seeks to Probe Lawyers’ Involvement in $200M ‘Sham’ Alameda Loans
The defendant in a multi-billion fraud trial is pressing to blame legal advice, despite judicial reluctance to let him.
Sam Bankman-Fried outside court in July 2023. (Nikhilesh De/CoinDesk)

Sam Bankman-Fried (left) and Caroline Ellison (CoinDesk archives, @carolinecapital, modified by CoinDesk)
What to Expect When Caroline Ellison Takes Stand in Sam Bankman-Fried's Trial
The former Alameda CEO will “tell you about how she and the defendant stole money customers entrusted to FTX,” a prosecutor said. Defense’s cross-examination may get personal.
Sam Bankman-Fried (left) and Caroline Ellison (CoinDesk archives, @carolinecapital, modified by CoinDesk)

Sam Bankman-Fried exiting a New York courthouse earlier this year. (Nikhilesh De/CoinDesk)
DOJ Wants to Block Sam Bankman-Fried From Bringing Up Anthropic AI Raise in Court
FTX owns a stake in Anthropic which was worth $500 million last year.
Sam Bankman-Fried exiting a New York courthouse earlier this year. (Nikhilesh De/CoinDesk)

The SBF TRIAL
SBF TRIAL PODCAST: 10/06 Update
Latest news from the SBF Trial Newsletter
The SBF TRIAL

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)
Former Alameda Research CEO Caroline Ellison to Testify Tuesday in Sam Bankman-Fried Trial
Gary Wang, a former top lieutenant in Bankman-Fried’s empire, testified that Alameda had “special privileges” at FTX that allowed the hedge fund to spend $8 billion of exchan...
Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)

Matt Huang of Paradigm arrives in court on Thursday, Oct. 5 to testify against Sam Bankman-Fried (Danny Nelson/CoinDesk).
Sam Bankman-Fried, Other FTX Execs Committed Financial Crimes, Co-Founder Wang Testifies
Gary Wang, the former chief technology officer and co-founder of FTX, told a jury that he, Bankman-Fried and fellow former executives Caroline Ellison and Nishad Singh committ...
Matt Huang of Paradigm arrives in court on Thursday, Oct. 5 to testify against Sam Bankman-Fried (Danny Nelson/CoinDesk).

The SBF TRIAL
SBF TRIAL PODCAST: 10/05 Update
Latest news from the SBF Trial Newsletter
The SBF TRIAL

(FTX, modified by CoinDesk)
FTX Employees Knew About the Backdoor to Alameda Months Before Collapse: WSJ
The employees flagged their discovery to one of FTX's director of engineering Nishad Singh but the problem never got fixed.
(FTX, modified by CoinDesk)

LONDON, ENGLAND - NOVEMBER 10: In this photo illustration the FTX logo and mobile app adverts are displayed on screens on November 10, 2022 in London, England. The Bahamas-based crypto exchange's larger rival, Binance, walked away from a potential bailout deal, as FTX struggles with a wave of customer withdrawals that have created a liquidity crunch. (Leon Neal/Getty Images)
Alameda Was ‘Business as Usual’ Before Collapse: Ex-Engineer
Security and risk checks were “poor” at the company, but the implosion of the trading firm came as a surprise to insiders, the former employee said.
LONDON, ENGLAND - NOVEMBER 10: In this photo illustration the FTX logo and mobile app adverts are displayed on screens on November 10, 2022 in London, England. The Bahamas-based crypto exchange's larger rival, Binance, walked away from a potential bailout deal, as FTX struggles with a wave of customer withdrawals that have created a liquidity crunch. (Leon Neal/Getty Images)