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U.S. President Donald Trump does not intend to grant a pardon to former FTX chief executive Sam Bankman-Fried, according to a White House spokesperson, shutting down months of speculation that the imprisoned crypto founder was attempting to secure clemency through a public political pivot. The spoke

Sam Bankman-Fried, the convicted founder of cryptocurrency exchange FTX, filed a motion for a new trial in Manhattan federal court on Tuesday, arguing that suppressed witness testimony could disprove the prosecution's case against him. The motion was filed pro se - meaning Bankman-Fried is represent

President Donald Trump on Thursday said that he has decided not to grant clemency to Sam Bankman-Fried, the former chief executive of bankrupt cryptocurrency exchange FTX who is serving a 25-year federal sentence for fraud and conspiracy. The denial of pardon closes speculation that political interv

The U.S. Securities and Exchange Commission said it has submitted proposed final consent judgments against Caroline Ellison, Gary Wang, and Nishad Singh, three key former lieutenants of Sam Bankman-Fried, seeking permanent antifraud injunctions and long-term leadership bans tied to the collapse of F

Caroline Ellison, former chief executive of Alameda Research and a central witness in the U.S. government’s case against FTX founder Sam Bankman-Fried, has been transferred out of federal prison just 11 months into her two-year sentence, according to new information confirmed by the Federal Bureau o