Sam Bankman-Fried sentenced to 25 years in jail for multibillion-dollar FTX fraud

Sam Bankman-Fried sentenced to 25 years in jail for multibillion-dollar FTX fraud

The judge said Bankman-Fried had lied during his testimony and had shown no remorse for stealing $8 billion from customers of his now-bankrupt FTX cryptocurrency exchange.

  • byLuc Cohen andJody Godoy

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Pity,fury and white line fever:The resuscitation of Melbourne Rebels

Pity,fury and white line fever:The resuscitation of Melbourne Rebels

As a rugby union who’s who gathered for lunch this week,the future of the embattled club was on everyone’s lips. How do you save a loss-making operation without leaving a sour taste in anyone’s mouth?

  • bySarah Danckert andCarla Jaeger
The Australian ‘banks’ of sovereign citizens – and the havoc they wreak

The Australian ‘banks’ of sovereign citizens – and the havoc they wreak

Creditnet Bank Internationale has no office and does not take deposits from consumers. Yet the group has found itself at the centre of controversial moments in Australian corporate history and an attempted $25 billion fraud on the nation of Palau.

  • bySarah Danckert
‘Barbaric’:FTX founder’s lawyers say he should get short jail term,pay back nothing

‘Barbaric’:FTX founder’s lawyers say he should get short jail term,pay back nothing

Sam Bankman-Fried is facing a sentence of up to 100 years for orchestrating the fraud that brought down the cryptocurrency exchange.

  • byChris Dolmetsch andRobert Burnson
Billionaire pleads guilty in insider trading case with a link to an Australian giant

Billionaire pleads guilty in insider trading case with a link to an Australian giant

Joe Lewis admitted to passing inside information to his private pilots and girlfriend,putting a black mark on the 86-year-old’s spectacular rise to become one of Britain’s richest men.

  • byAva Benny-Morrison
‘Lack of honesty and integrity’:Millennial money manager banned by ASIC,with millions still missing
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The Agency

‘Lack of honesty and integrity’:Millennial money manager banned by ASIC,with millions still missing

Mitchell Atkins once promised investments in high-end vehicles and successful share funds. Now,he’s been banned from managing other people’s money for 10 years.

  • bySarah Danckert
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He made a massive fortune. Now he’s facing 110 years in jail

He made a massive fortune. Now he’s facing 110 years in jail

Sam Bankman-Fried’s rise and fall is the subject of Michael Lewis’ latest book.

  • byAndrew Leigh
Sam Bankman-Fried’s wild rise and abrupt crash

Sam Bankman-Fried’s wild rise and abrupt crash

For a time,everyone loved Sam Bankman-Fried. Everyone kept insisting he was off-the-charts brilliant,the entrepreneur who would create the future.

  • byDavid Streitfeld
Former minister says he was duped by alleged money laundering gangsters

Former minister says he was duped by alleged money laundering gangsters

Gary Hardgrave said he took immediate action to terminate all involvement with Changjiang Currency Exchange after a sting operation by the Australian Federal Police.

  • byAlex Crowe andDavid Estcourt
Chinese gangsters accused of laundering $228m through business spruiked by ex-minister

Chinese gangsters accused of laundering $228m through business spruiked by ex-minister

Police swooped on suspected members of the “Long River” Australia-wide crime syndicate,accusing them of serious financial crime.

  • byNick McKenzie
The perfect fall guy:How hackers used stolen Australian IDs to pull off a major US fraud
Investigation
Investigation

The perfect fall guy:How hackers used stolen Australian IDs to pull off a major US fraud

The fraud against an investment house tied to one of America’s biggest companies,TPG Capital,sounds more suited to the pages of a modern-day financial crime thriller.

  • bySarah Danckert