SafeMoon founder Braden Karony sentenced to 100 months in prison

FTX Founder Sam Bankman-Fried Requests New Trial After Firing Attorney

Sam Bankman-Fried, founder of FTX, has requested a new trial, claiming to have newly discovered evidence. Currently serving a 25-year sentence for fraud, he is now representing himself after firing his attorney.

SBF seeks a retrial and has filed an appeal.

BlockBeats News, February 11, According to Inner City Press, the Southern District of New York Federal Prosecutor's Office has just received documents from FTX founder SBF requesting a review of cryptocurrency crime cases.

The United States imposes sanctions on Lebanon's gold trading company Jood SARL

ChainCatcher reports that the U.S. Department of the Treasury's Office of Foreign Assets Control has imposed sanctions on gold trading company Jood SARL (headquartered in Lebanon).

YZi Labs addresses the CEA Industries Board of Directors: Requesting clarification on false news and full disclosure of a director's related-party transaction

YZi Labs issues a letter refuting CEA Industries' allegations of a "secret agreement," stating that the board was already aware of it and that the agreement was terminated in 2025. YZi Labs requests the board to clarify the misleading statement and protect shareholders' interests.

7 Malaysian police officers threaten and extort Chinese tourists, forcing them to transfer 352,000 yuan in cryptocurrency

7 police officers and 5 men stormed a residence in Kajang, Malaysia, extorting approximately 200,000 ringgit from 8 Chinese tourists. They used threats of reporting as leverage, and the police have arrested the officers involved. The case highlights serious issues of crime and impersonation of law enforcement.

SBF Denies FTX Bankruptcy in Prison, Reveals Truth, and $8 Billion Funding Gap Sparks New Crypto Controversy

On February 10th, Sam Bankman-Fried, who has been sentenced to 25 years in prison on multiple charges of fraud and conspiracy, spoke out again through his verified X account, claiming "FTX has never gone bankrupt," and accused the company's lawyers of submitting a "false bankruptcy petition." This statement starkly contrasts with the U.S. court rulings, regulatory documents, and financial audit results, and has quickly attracted attention within the crypto community. According to judicial records, SBF was involved in embezzling over $8 billion of customer assets, leading the platform to become insolvent by the end of 2022. The massive losses of his affiliated trading firm Alameda Research were the direct cause of the collapse. Although subsequent asset recoveries and market rebounds have improved creditor expectations in some cases, prosecutors and judges both emphasized that this does not change the established facts of fraud.