Matthew Goldstein J. Edward Moreno and David Yaffe-Bellany

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Sam Bankman-Fried Built FTX Into a ‘Pyramid of Deceit,’ Prosecutor Says

The criminal fraud trial for the founder of the FTX crypto exchange has reached closing statements. Jurors will then begin deliberating.

Top FTX Executive Says Sam Bankman-Fried Used Customer Money for ‘Excess’ Spending

Nishad Singh, testifying at Mr. Bankman-Fried’s fraud trial, said FTX customer deposits were used to buy luxury real estate and to pay athletes like Tom...

Caroline Ellison, Star Witness in Sam Bankman-Fried Trial, Says He Made ‘Terrible Mistakes’

Mr. Bankman-Fried’s lawyers sought to poke holes in Ms. Ellison’s testimony, but her account remained largely consistent.
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