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Showing posts with the label conspiracy

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 trading activities.  Over the last two years, several of those executives have been charged with various crimes, and some have already been sentenced to prison, among them former FTX CEO and Alameda founder, Sam Bankman-Fried.  Is Sam Bankman-Fried’s crypto trading firm Alameda Research broke? Sam Bankman-Fried Bankman-Fried was found guilty by a jury of his peers of conspiracy to commit wire fraud, wire fraud, conspiracy to commit securities fraud, conspiracy to commit commodities fraud, and conspiracy to commit money laundering.  He had previously been charged with other counts that have been dismissed, including conspiracy to operate an unlicensed money-transmitting business, conspiracy to defraud the Federal Election Commission (FEC), conspiracy to violate the anti-bribe...