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December 26, 2024
 

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SAM BANKMAN FRIED

Former FTX CEO Sam Bankman-Fried arrives at a courthouse in New York in March 2023. On Thursday, he was sentenced to 25 years in prison.
COMMENTARY / World
Apr 1, 2024
Sam Bankman-Fried's 25-year sentence is a warning to crypto
The former FTX CEO's conviction to 25 years in prison sends a clear message to cryptocurrency fraudsters. The costs of misconduct outweigh the benefits.
FTX co-founder Sam Bankman-Fried attends his sentencing hearing at Federal Court in New York on Thursday in this courtroom sketch.
BUSINESS
Mar 29, 2024
Sam Bankman-Fried sentenced to 25 years over FTX collapse
While there is no parole in the federal system, Bankman-Fried could be released a few years early for good behavior.
Former FTX chief Sam Bankman-Fried leaves Manhattan federal court in New York on Jan. 3.
BUSINESS
Mar 16, 2024
Sam Bankman-Fried should get up to 50 years in prison, U.S. says
A sentence of 40 to 50 years is necessary for the "historic” crime involving more than 1 million victims and losses of over $10 billion, prosecutors say.
Sam Bankman-Fried, founder of FTX, exits the federal courthouse in Manhattan in February.
COMMENTARY / World
Nov 5, 2023
Sam Bankman-Fried won't be the last crypto mogul behind bars
If Sam Bankman-Fried culpability for the "pyramid of deceit” behind FTX’s collapse seemed so obvious, it’s partly because he was prosecutorial gold.
Former FTX chief executive Sam Bankman-Fried leaves Manhattan federal court in New York in January.
BUSINESS / FOCUS
Nov 4, 2023
Swift FTX case vindicates prosecution ‘need for speed’
ON Thursday, the jury took only a few hours to convict Sam Bankman-Fried of treating FTX as his personal piggy bank.
Former FTX chief Sam Bankman-Fried leaves court following a bail hearing ahead of his October fraud trial, in New York City on July 26. He was found guilty on all counts against him on Thursday.
BUSINESS
Nov 3, 2023
Sam Bankman-Fried found guilty on all counts at fraud trial
The panel reached its decision after five weeks of trial, and the former crypto tycoon now faces up to 110 years behind bars.
Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing on Capitol Hill in Washington in February 2022.
BUSINESS / Companies
Oct 28, 2023
FTX founder admits 'mistakes' but testifies he didn't defraud anyone
FTX founder Sam Bankman-Fried insisted he did not steal billions of dollars from customers when the cryptocurrency exchange collapsed last year.
FTX founder Sam Bankman-Fried faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, at federal court in New York City on Thursday, in this courtroom sketch.
WORLD / Crime & Legal
Oct 27, 2023
FTX founder Sam Bankman-Fried implicates lawyers in testimony
Accused of stealing billions of dollars from customers, Bankman-Fried has pleaded not guilty to two counts of fraud and five counts of conspiracy.
Caroline Ellison (left), former chief executive officer of Alameda Research LLC, exits court in New York on Tuesday. Her ex-boyfriend and former boss, FTX Co-Founder Sam Bankman-Fried, is charged with seven counts of fraud and money laundering following the collapse of his cryptocurrency empire last year.
BUSINESS / Companies
Oct 11, 2023
Sam Bankman-Fried's ex says he directed her to commit crimes
In her first day of testimony, Caroline Ellison, 28, portrayed Sam Bankman-Fried as the brains behind fraudulent operations at FTX.
Japan Times
BUSINESS
Mar 29, 2023
Sam Bankman-Fried charged in U.S. with bribing Chinese officials
The FTX chief is accused of authorizing the payment of $40 million to Chinese officials in an attempt to unfreeze accounts at Alameda Research, a Hong Kong-based affiliate.
Japan Times
BUSINESS / ANALYSIS
Mar 9, 2023
FTX founder Sam Bankman-Fried's bid to shift blame complicated by new charges
The latest federal charges against Bankman-Fried appear to undermine some of the public claims he has made since the collapse of the cryptocurrency exchange.
Japan Times
BUSINESS / Tech
Jan 4, 2023
Sam Bankman-Fried pleads not guilty in FTX fraud case as trial is set for October
The Massachusetts Institute of Technology graduate could face up to 115 years in prison if convicted.
Japan Times
WORLD
Dec 28, 2022
Images of 2022: World news
One event stood over all else this year: Russia's invasion of Ukraine. The conflict ushered in rapid shifts on defense, energy and business.
Japan Times
BUSINESS
Dec 23, 2022
Sam Bankman-Fried's $250 million bail among largest in U.S. history
Outsized bonds are more a means of establishing harsh financial consequences for bail-jumping and are often backed by assets worth only around 10% of the stated amount.
Japan Times
BUSINESS
Dec 22, 2022
Two Bankman-Fried associates plead guilty to fraud as FTX founder heads to U.S.
The 30-year-old cryptocurrency mogul faces charges over what has been described as 'one of the biggest financial frauds in American history.'
Japan Times
BUSINESS / Companies
Dec 14, 2022
FTX founder Sam Bankman-Fried charged with fraud and denied bail
The former FTX CEO, who was arrested in the Bahamas on Monday, lowered his head and hugged his parents after the magistrate judge refused bail citing a 'great' risk of flight.
Japan Times
BUSINESS
Dec 13, 2022
Sam Bankman-Fried arrested in Bahamas as U.S. files FTX charges
Bankman-Fried is being held in custody pending an extradition process, the island nation's attorney general, Ryan Pinder, said in a statement.
Japan Times
BUSINESS / Tech / FOCUS
Nov 19, 2022
FTX’s point of no return can be traced back to a tweet, data show
When did it go from grim to hopeless for Sam Bankman-Fried's crypto empire? It may come down to one tweet by his second-in-command.
Japan Times
BUSINESS / Tech
Nov 12, 2022
At least $1 billion of client funds missing at failed crypto firm FTX
The exchange's founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Research, sources said.
Human error caused JAL jet collision at Haneda Airport: safety board
The wreckage of a Japan Airlines plane after a collision with a Japan Coast Guard aircraft, at Haneda Airport in Tokyo on Jan. 5, three days after the crash.
North Korean hacker group behind DMM Bitcoin’s cryptocurrency leak
A North Korean hacker group is believed to have planted a virus on the computer of an employee at Ginco — a company that was entrusted with the deposit and withdrawal of DMM Bitcoin’s virtual currency — through a fake job recruitment message sent via LinkedIn.
Residents of Shizuoka live longest healthy lives in Japan, ranking shows
The nationwide average for men's healthy life expectancy decreased 0.11 year from the previous survey, three years earlier, to 72.57 years, while that for women rose 0.07 year to 75.45 years.
High levels of PFAS found in water from 44 private suppliers across Japan
The Self-Defense Forces facilities are believed to have become sources of PFAS contamination because they used firefighting foam containing the toxic chemicals in the past.
Health ministry urges caution as flu cases rise nationwide
From Dec. 9 to Dec. 15, there were 94,259 flu cases reported across some 5,000 hospitals and clinics nationwide, according to the health ministry.
High levels of PFAS found in water from 44 private suppliers across Japan
The Self-Defense Forces facilities are believed to have become sources of PFAS contamination because they used firefighting foam containing the toxic chemicals in the past.
For baseball fans, 2024 brought The Summer of Shohei Ohtani
Dodgers designated hitter Shohei Ohtani reacts to a standing ovation from fans after hitting his 50th home run of the season, against the Marlins in Miami on Sept. 19.
Trump's Pentagon policy pick pushed for Japan to spend 3% of GDP on defense
Elbridge Colby (center) speaks at the Threat and the Strategy panel during the Air Force Association Air, Space and Cyber Conference in National Harbor, Maryland, in September 2019.
A brief history of ‘osechi ryōri,' Japan's edible tradition for the new year
Japan's traditional New Year cuisine has a long history, though modern developments have led to slight changes in the way things work.
Japan accuses Google of violating antimonopoly law
The Japanese antitrust watchdog said that Google forced smartphone makers to preinstall its search app on their devices, sources say.

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