The Latest Breaking News from Sam Bankman-Fried

A year ago, Sam Bankman-Fried (often called “SBF”) was on top of the world. He had been on the covers of Forbes, which dubbed him “the richest twentysomething in the world”, and Fortune – the equivalent, for a business leader, of a rock star on Rolling Stone, or an athlete…

Defense lawyers typically tell their clients not to take the stand—Sam Bankman-Fried’s case could be the exception.

Bankman-Fried built a multibillion crypto business spearheaded by FTX with the help of a group of young colleagues. Now three of his closest associates have turned against him.

“I just had an increasing dread of this day that’s been weighing on me for a long time,” Ellison, former CEO of Alameda Research, texted Bankman-Fried.

Shirzad said it it's frustrating that Bahamas-based FTX has sullied the image of domestic crypto players.

With the case winding down, the two sides are wrangling over jury instructions.

“The amount of customer deposits held in Alameda Research and FTX.com accounts was way less than was owed to customers on FTX,” testified accounting professor Peter Easton on Wednesday.

Now, Bankman-Fried is back in the Big Apple—but for very different reasons.

Lawyers say the FTX cryptocurrency exchange founder’s daily dose wears off quickly

"It was for advantageous optics," former FTX engineering chief Nishad Singh testified on Monday.

While Bankman-Fried lounged on a white chaise chair, Singh realized that FTX was not force for good but had "turned out to be so evil."