Sam Bankman-Fried sentenced to 25 years in prison
Sam Bankman-Fried, the former chief exec of FTX and owner of Alameda Research, has been sentenced to 25 years in prison today, according to reporting from Inner City Press. This sentence comes after...
View ArticleSam Bankman-Fried is sentenced to 25 years — but now what?
While some celebrated the 25-year sentence handed down to multi-billion dollar fraudster Sam Bankman-Fried, others suggested it was too harsh a punishment for a non-violent first-time offender....
View ArticleWhen is full recovery not a full recovery? FTX
The FTX debtors in possession have announced a new reorganization plan that would result in nearly every single creditor getting recovery of their full claim amount plus additional interest, according...
View ArticleCrypto felons SBF and Avi Eisenberg reunited in infamous NY prison
Disgraced FTX founder Sam Bankman-Fried and perpetrator of the 2022 Mango Markets exploit Avraham Eisenberg are once again sharing the same prison. It’s unclear at this stage if the two are ‘bunk...
View ArticleThe First Step Act may not apply to SBF or Ryan Salame
While Protos, along with other media outlets, was quick to point out that the Donald Trump-era law the ‘First Step Act’ could be a road to early release for Sam Bankman-Fried, Ryan Salame, and other...
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Which FTX and Alameda executives are going to prison and when?
FTX and Alameda Research’s antics devastated the cryptocurrency ecosystem nearly two years ago when it was revealed by CoinDesk reporting that Alameda execs had used FTX as a piggy bank for their...
View ArticleWhen will FTX customers get their money back?
The bankruptcy and criminal proceedings relating to once-$32 billion crypto exchange FTX are almost over. Founder Sam Bankman-Fried is now imprisoned at Brooklyn Metropolitan Detention Center, serving...
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Diddy joins SBF, Avraham Eisenberg in ‘horrific’ Brooklyn prison
Diddy joins SBF, Avraham Eisenberg in ‘horrific’ Brooklyn prison American rapper Sean ‘Diddy’ Combs and the disgraced crypto mogul Sam Bankman-Fried (SBF) are reportedly sharing the same unit at a...
View ArticleCaroline Ellison sentenced to two years for FTX-Alameda fraud
Caroline Ellison, the former co-Chief Executive (CEO) of Alameda Research, has been sentenced to two years in prison for her role in the approximately $8 billion stolen from FTX customers. The...
View ArticleCHART: Everyone sentenced from FTX and Alameda
The latest FTX-related sentencing saw Caroline Ellison, the former co-CEO of Alameda Research, handed two years behind bars for her role in the exchange’s spectacular collapse. Ellison is expected to...
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