Legal

Legal
Bankman-Fried: I Trusted FTX’s Lawyers to Guide Company
October 26, 2023

FTX founder Sam Bankman-Fried says the company’s ex-attorneys were central to its collapse last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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Bankman-Fried Will Take Stand at His Fraud Trial
October 25, 2023

FTX founder Sam Bankman-Fried is reportedly planning to testify in his own fraud trial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

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Sam Bankman-Fried Enlists Expert Witness to Challenge Testimonies in Trial
October 24, 2023

Former FTX CEO Sam Bankman-Fried is enlisting the help of an expert witness to challenge the testimonies of key witnesses in his ongoing legal battle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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FTX Trial: The Adults Are Tanking ‘Cool Kid’ Bankman-Fried’s Defense
October 20, 2023

It is the end of the third week of Sam Bankman-Fried’s multibillion-dollar criminal fraud trial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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Ex-FTX Lawyer Testifies Company Falsely Promised Asset Protection
October 19, 2023

A former FTX lawyer testified that the company had falsely promised institutional customers, including hedge fund Sculptor Capital Management, that their assets would be safe in the event of insolvency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Anthropic’s AI-Generated Lyrics Lead to Record Labels’ Lawsuit
October 19, 2023

Universal Music’s battle against chatbots continued Wednesday (Oct. 18) as it sued Anthropic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

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Accounting Witness Testifies Bankman-Fried Treated Customer Billions as Piggy Bank  
October 18, 2023

In the 11th day of Sam Bankman-Fried’s criminal trial, the prosecution brought out an accountant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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FTX Criminal Trial: Nishad Singh Sweats Under Cross-Examination 
October 17, 2023

Sam Bankman-Fried’s multibillion-dollar criminal financial fraud trial is nearing its halfway point.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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Nishad Singh’s Turn: Ex-Deputy Details Bankman-Fried’s Lavish Spending 
October 16, 2023

One billion dollars is a lot of money to spend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...