The link between crime and wealth is a complicated one
The founder of collapsed crypto exchange FTX was sentenced for fraud
FTX founder’s efforts to talk his way out of trouble ends with a 25-year prison sentence
US court’s judgment caps the dramatic downfall of one of crypto’s most prominent stars
Also in today’s newsletter, Sam Bankman-Fried sentencing and the broken market for medicines
Disputes over how much FTX customers have lost come to the fore as crypto exchange founder awaits his fate in US court
Administrators raise $884mn from partial sale of stake in AI start-up Anthropic
FTX caretaker boss blasts Sam Bankman-Fried as his sentencing nears
John Ray says bankrupt crypto exchange’s founder is wrong to say customers will be made whole
Prosecutors push back on convicted crypto kingpin’s pleas for leniency ahead of sentencing later this month
FTX founder should face no more than six and a half years behind bars, his lawyers argue ahead of hearing next month
Sam Bankman-Fried’s court appearances provide lessons for defendants
Following the trial of Sam Bankman-Fried, the industry must choose between becoming mainstream or retreating to the fringes
The narrative powers of the FTX founder failed to save him from this week’s fraud conviction
Plus, updates on the UK’s crypto embrace
FTX founder’s guilty verdict a ‘warning to every fraudster who thinks they’re untouchable’
Jury’s guilty verdict caps stunning downfall of one-time public face of crypto industry
Former crypto tycoon risked everything to testify. Did it help?
US government claims crypto exchange’s founder built a ‘pyramid of deceit’ while defence says he did not commit crimes
Former crypto tycoon will soon learn whether he was able to successfully counter his former colleagues’ testimony
The fraud trial of Sam Bankman-Fried is set to wrap up today
But without an infusion of new money, the latest price rally is unsustainable
Former crypto boss pressed by prosecutors in criminal trial over statements about the two entities before their collapse
Former billionaire denies intending to defraud customers in testimony to the jury at trial
Plus, Morgan Stanley’s new boss and the power struggle unfolding at Mediobanca
UK Edition
