Sam Bankman-Fried

Bitcoin vs Cream Cakes

This article reflects the opinions of its author and not necessarily those of ShareSoc. FTX prosecution vs that of Patisserie Valerie FTX, a cryptocurrency exchange which became one of the largest in the world with billions in deposits, declared bankruptcy on 12 November 2022.  The trial of Sam Bankman-Fried (SBF) commenced in the US at the Manhattan federal court on 3 October, 2023. SBF faced seven counts of fraud and conspiracy.  Three FTX executives agreed to plea deals, hence they became witnesses for the ...