In a discussion with Andrew Ross Sorkin of The New York Times, Sam Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of the FTX cryptocurrency exchange.
Tag: Frauds and Swindling
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Verdict in Trump Organization Trial Could Come Down to 3 Little Words
What jurors make of the phrase “in behalf of” could decide whether the former president’s namesake company is guilty of tax fraud.
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Todd and Julie Chrisley, Reality TV Stars, Are Sentenced to Prison for Fraud and Tax Evasion
The stars of “Chrisley Knows Best” were convicted in June of conspiring to defraud banks out of more than $30 million and evading taxes for several years.
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Elizabeth Holmes Is Sentenced to More Than 11 Years for Theranos Fraud
Ms. Holmes was convicted in January of four counts of wire fraud for deceiving investors with claims about her blood testing start-up Theranos.
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Elizabeth Holmes to be Sentenced in Fraud Trial
Ms. Holmes, founder of the failed blood testing start-up Theranos, is scheduled to learn her fate on Friday. She faces a maximum of 20 years in prison.