Stephanie Clifford
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Journalist and novelist (THE FAREWELL TOUR, March 2023; Everybody Rise). cliffordwrites@gmail.com.
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Articles by Stephanie Clifford
Sam Bankman-Fried’s trial has ended, but the fallout has just begun
Sam Bankman-Fried’s trial has ended, but the fallout has just begun By Stephanie Clifford November 08, 2023 It was Thursday night, and the jury in Sam Bankman-Fried’s federal fraud case had been deliberating for more than four hours. In weeks of testimony, the jurors had heard from Bankman-Fried’s former friends, employees, and girlfriend at FTX, his crypto exchange, and Alameda Research, his trading firm.
Sam Bankman-Fried’s testimony offered two different glimpses of the same founder
Sam Bankman-Fried’s testimony offered two different glimpses of the same founder By Stephanie Clifford October 30, 2023 Sam Bankman-Fried finished his direct testimony in his federal fraud case on Monday on reasonably strong footing, maintaining that he didn’t know about much of what was going on at FTX and Alameda Research, his crypto exchange and trading firm, until their implosion in November 2022.
Sam Bankman-Fried says he can explain everything
Sam Bankman-Fried says he can explain everything By Stephanie Clifford October 27, 2023 Sam Bankman-Fried’s defense case is finally being presented. The crux of that case is, essentially, that he has an explanation for everything. After weeks of prosecution testimony in which the defense neither scored points nor sold a story, Bankman-Fried took the stand Friday to give his version of events. Bankman-Fried is presumably carefully coached.
Sam Bankman-Fried faces another rough day of testimony
Sam Bankman-Fried faces another rough day of testimony By Stephanie Clifford October 17, 2023 A glimpse of Sam Bankman-Fried’s well-populated calendar, in the months before FTX’s crash—and, according to testimony, well after he knew about the billions of dollars owed to FTX customers (and that there wasn’t money to repay)—arrived at the end of testimony in his federal fraud trial Tuesday.
FTX executive describes excess spending, celebrity hobnobbing, and his panic over missing billions
FTX executive describes excess spending, celebrity hobnobbing, and his panic over missing billions By Stephanie Clifford October 16, 2023 On the balcony of their $35 million penthouse apartment in the Bahamas, as evening fell, Nishad Singh asked his boss and onetime roommate, Sam Bankman-Fried, for a rare one-on-one meeting.
Caroline Ellison just schooled SBF’s attorney
Caroline Ellison just schooled SBF’s attorney By Stephanie Clifford October 12, 2023 Key witness Caroline Ellison wrapped up her three-day testimony against her former boyfriend and boss Sam Bankman-Fried at his federal fraud trial Thursday. Ellison, on cross-examination, proved perhaps even better than on the direct examination by prosecutors.
Caroline Ellison testifies about alleged FTX bribes to China and calls SBF’s ‘eccentric’ look carefully crafted
Caroline Ellison testifies about alleged FTX bribes to China and calls SBF’s ‘eccentric’ look carefully crafted By Stephanie Clifford October 11, 2023 Wearing what seemed to be the same gray blazer as on Tuesday, Caroline Ellison, testifying against her former boss and former boyfriend, Sam Bankman-Fried, in his federal fraud trial, dropped a lot of information on Wednesday: the alleged “Thai prostitutes” that FTX created accounts in the names of, as it tried to free up funds frozen by...
Sam Bankman-Fried’s cofounder describes FTX’s hidden cheat code to misuse customer funds
Sam Bankman-Fried’s cofounder describes FTX’s hidden cheat code to misuse customer funds By Stephanie Clifford October 06, 2023 What Sam Bankman-Fried knew, how early he knew it, and the steps big and small he took to make it happen: His former friend, cofounder of Alameda Research, and FTX’s former chief technology officer Gary Wang laid it all out in damaging testimony on Friday at Bankman-Fried’s federal fraud trial.
FTX insiders testify about misused funds and that $35 million penthouse
FTX insiders testify about misused funds and that $35 million penthouse By Stephanie Clifford October 05, 2023 “Billion, with a ‘b.’” That was how much of an advantage Alameda Research, Sam Bankman-Fried’s hedge fund, had on the exchange FTX, though the two were supposed to operate independently, testified Gary Wang, the cofounder of FTX and Alameda Research, on Thursday.
Convicted Pharma Bro Martin Shkreli makes surprise appearance at SBF trial
Convicted Pharma Bro Martin Shkreli makes surprise appearance at SBF trial By Stephanie Clifford October 04, 2023 Martin Shkreli, the “Pharma Bro” known for his attention-getting antics, and convicted and imprisoned with federal fraud charges—he’s now out—showed up at Sam Bankman-Fried’s trial on Wednesday, in a somewhat bizarre cameo.
Famously fidgety SBF sits as still as a mannequin during opening arguments
Famously fidgety SBF sits as still as a mannequin during opening arguments By Stephanie Clifford October 04, 2023 On Wednesday, Samuel Bankman-Fried seemed—finally—to behave. During opening statements in his fraud trial, the onetime crypto billionaire, accused of stealing $10 billion from his customers, lenders, and investors, and who was jailed pretrial after repeated bail violations, was self-controlled, almost mannequin-esque in his body language.
A cleaned-up SBF faces potential jurors
A cleaned-up SBF faces potential jurors By Stephanie Clifford October 03, 2023 On Tuesday, Sam Bankman-Fried’s fraud trial kicked off in Manhattan federal court. The cofounder and former CEO of FTX attended jury selection with his trademark curly hair cut in a close-cropped style. He also wore a dark suit, white shirt, and tie. After his bail was revoked this summer Bankman-Fried is being jailed in Brooklyn.
SBF on trial: The man blamed for crypto’s collapse is about to get his day in court
SBF on trial: The man blamed for crypto’s collapse is about to get his day in court By Stephanie Clifford September 28, 2023 Inside the Metropolitan Detention Center, the Brooklyn jail where he is being held, Sam Bankman-Fried, once the head of a multibillion-dollar crypto empire, sounds as if he’s being treated like most inmates there—which is to say, shabbily.
Sam Bankman-Fried’s trial has ended, but the fallout has just begun
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Sam Bankman-Fried's trial has ended, but the fallout has just begun
By Stephanie Clifford10 minute Read It was Thursday night, and the jury in Sam Bankman-Fried’s federal fraud case had been deliberating for more than four hours. In weeks of testimony, the jurors had heard from Bankman-Fried’s former friends, employees, and girlfriend at FTX, his crypto exchange, and Alameda Research, his trading firm.
FTX founder Sam Bankman-Fried convicted on all 7 counts of fraud and conspiracy
By Stephanie Clifford2 minute Read Sam Bankman-Fried was found guilty Thursday on all seven fraud and conspiracy charges against him, in a jury verdict that was startling for how quickly it came—after less than five hours of deliberation. For the reading of the verdict, Bankman-Fried stood, turned slightly toward the jury members, and gave no visible reaction as the forewoman of the jury—made up of three men and nine women—read “Guilty” on each charge.
The SBF trial’s closing statements gave us two versions of the failed crypto king
Is he Samuel Bankman-Fried, a liar and a “celebrity chaser” who orchestrated a multi-billion-dollar fraud? Or is he “Sam,” an “awkward high-school-math nerd” with sloppy clothes and messy hair, who meant well and did his best as his crypto exchange collapsed? In closing statements in Bankman-Fried’s federal fraud trial on Wednesday, both the prosecution and the defense tried to convince the jury of their version of the defendant.
Sam Bankman-Fried leaves the jury with a final image of an evasive CEO
By Stephanie Clifford4 minute Read Testimony in Sam Bankman-Fried’s federal fraud trial ended Tuesday, wrapping up with Bankman-Fried on the stand maintaining that he hadn’t known until October 2022 about the $8 billion that Alameda Research, his hedge fund, had taken from customer deposits at FTX, his crypto exchange.
[exclusiveglobalnews.com]
By Stephanie Clifford Paper reducing artwork by Pippa Dyrlaga for The Marshall Project When I used to consider my boarding-school classmate Leon Jacob - earlier than I knew about his convictions, earlier than I discovered he was serving a life sentence in a Texas jail - I'd image him standing within the sunshine outdoors my dormitory. He was carrying a white polo, so he should've been on his technique to golf apply. The solar tinged his dark-blond curls.
Sam Bankman-Fried says he can explain everything
By Stephanie Clifford6 minute Read Sam Bankman-Fried’s defense case is finally being presented. The crux of that case is, essentially, that he has an explanation for everything. After weeks of prosecution testimony in which the defense neither scored points nor sold a story, Bankman-Fried took the stand Friday to give his version of events. Bankman-Fried is presumably carefully coached.
‘I apologize’: Sam Bankman-Fried offers a preview of what we might see on the witness stand
By Stephanie Clifford4 minute Read Put the child of two lawyers on the stand, and he’ll answer questions like a lawyer, or so Sam Bankman-Fried indicated in what looked to be a preview of his trial testimony scheduled for Friday. Bankman-Fried, facing federal fraud charges, took the stand after lunch Thursday in a hearing conducted without the jury present so that Judge Lewis A. Kaplan could evaluate some legal issues ahead of the defendant’s anticipated testimony in front of the jury.
Sam Bankman-Fried to testify as lawyer says ‘Things have been changing a lot on our side’
By Stephanie Clifford1 minute Read Sam Bankman-Fried plans to testify in his defense at his federal fraud trial, his lawyer Mark Cohen said in a teleconference Wednesday. “Things have been changing a lot on our side,” Cohen told Judge Lewis A. Kaplan in a teleconference about scheduling Wednesday morning, “and our client is also going to be testifying.” The move puts an exciting coda at the tail-end of the trial’s witnesses, after one fascinating piece of testimony after another.
Former FTX lawyer: Sam Bankman-Fried promised customer assets were ‘safeguarded’
By Stephanie Clifford5 minute Read FTX founder Sam Bankman-Fried’s defense seems to have landed on two tactics after three weeks of government testimony: confuse the jury on technical terms, or line up items for an eventual appeal.
Sam Bankman-Fried faces another rough day of testimony
By Stephanie Clifford4 minute Read A glimpse of Sam Bankman-Fried’s well-populated calendar, in the months before FTX’s crash—and, according to testimony, well after he knew about the billions of dollars that was owed to FTX customers and that there wasn’t money to repay—arrived at the end of testimony in his federal fraud trial Tuesday.
FTX executive describes excess spending, celebrity hobnobbing, and his panic over missing billions
By Stephanie Clifford7 minute Read On the balcony of their $35 million penthouse apartment in the Bahamas, as evening fell, Nishad Singh asked his boss and onetime roommate, Sam Bankman-Fried, for a rare one-on-one meeting. Singh had just learned that there was a $13 billion “hole,” as he put it, in the finances of FTX—money that FTX was supposed to be storing as customer deposits, but which Bankman-Fried’s trading firm Alameda Research had used up.
Caroline Ellison testifies about alleged FTX bribes to China and calls SBF’s ‘eccentric’ look carefully-crafted
By Stephanie Clifford6 minute Read Wearing what seemed to be the same gray blazer as on Tuesday, Caroline Ellison, testifying against her former boss and former boyfriend, Sam Bankman-Fried, in his federal fraud trial, dropped a lot of information on Wednesday: the alleged “Thai prostitutes” that FTX created accounts in the names of, as it tried to free up funds frozen by Chinese government officials, and the “bribe” she said it paid to those officials; what she described as Bankman-Fried...
Caroline Ellison testifies: Sam Bankman-Fried said FTX customer funds would be a ‘good source of capital’
By Stephanie Clifford5 minute Read Caroline Ellison, Samuel Bankman-Fried’s ex-girlfriend and the ex-CEO of the hedge fund he owned, testified Tuesday in the federal fraud trial against the former head of FTX.
Sam Bankman-Fried’s cofounder describes FTX’s hidden cheat code to misuse customer funds
By Stephanie Clifford5 minute Read What Sam Bankman-Fried knew, how early he knew it, and the steps big and small he took to make it happen: His former friend, cofounder of Alameda Research, and FTX’s former chief technology officer Gary Wang laid it all out in damaging testimony on Friday at Bankman-Fried’s federal fraud trial. Wang offered new information on the extent of the actions at FTX and of Bankman-Fried.
Sam Bankman-Fried’s cofounder testifies about misused funds and that $35 million penthouse
By Stephanie Clifford6 minute Read “Billion, with a ‘b.’” That was how much of an advantage Alameda Research, Sam Bankman-Fried’s hedge fund, had on the exchange FTX, though the two were supposed to operate independently, testified Gary Wang, the cofounder of FTX and Alameda Research, on Thursday.
Convicted Pharma Bro Martin Shkreli makes surprise appearance at SBF trial
By Stephanie Clifford2 minute Read Martin Shkreli, the “Pharma Bro” known for his attention-getting antics, and convicted and imprisoned on with federal fraud charges—he’s now out—showed up at Sam Bankman-Fried’s trial on Wednesday, in a somewhat bizarre cameo.
Famously fidgety SBF sits as still as a mannequin during opening arguments
By Stephanie Clifford3 minute Read On Wednesday, Samuel Bankman-Fried seemed—finally—to behave. During opening statements in his fraud trial, the onetime crypto billionaire, accused of stealing $10 billion from his customers, lenders and investors, and who was jailed pre-trial after repeated bail violations, was self-controlled, almost mannequin-esque in his body language.
A cleaned-up SBF faces potential jurors
By Stephanie Clifford3 minute Read On Tuesday, Sam Bankman-Fried’s fraud trial kicked off in Manhattan federal court. The co-founder and former CEO of FTX arrived for jury selection with his trademark curly hair cut in a close-cropped style. He also wore a dark suit, white shirt, and tie. Bankman-Fried is being jailed in Brooklyn during his trial after his bail was revoked this summer.
Sam Bankman-Fried’s parents loom large over FTX’s fall—and their son’s trial
Premium Co.Design Tech Work Life News Impact Podcasts Video INNOVATION FESTIVALIF360 Login AdvertiseNewslettersHelp CenterCurrent Issue By Stephanie Cliffordlong Read Heading to college at the Massachusetts Institute of Technology, Sam Bankman-Fried had a single career path on his mind. “I thought, Maybe I’ll be a professor or something, ’cause it’s what people do,” he told a colleague in 2020.
SBF on trial: The man blamed for crypto’s collapse is about to get his day in court
Premium Co.Design Tech Work Life News Impact Podcasts Video INNOVATION FESTIVALIF360 Login AdvertiseNewslettersHelp CenterCurrent Issue By Stephanie Cliffordlong Read Inside the Metropolitan Detention Center, the Brooklyn jail where he is being held, Sam Bankman-Fried, once the head of a multibillion-dollar crypto empire, sounds as if he’s being treated like most inmates there—which is to say, shabbily.
Leon Jacob, My Boarding School Classmate, Tried to Hire a Hitman in a Bizarre Murder Plot: What Happened?
This article was published in partnership with The Marshall Project, a nonprofit news organization covering the U.S. criminal justice system. When I used to think of my boarding-school classmate Leon Jacob—before I knew about his convictions, before I learned he was serving a life sentence in a Texas prison—I’d picture him standing in the sunshine outside my dormitory. He was wearing a white polo, so he must’ve been on his way to golf practice. The sun tinged his dark-blond curls.
Ballad Buster
In one scene of Stephanie Clifford’s recent novel, The Farewell Tour, a close friend of main character Lillian Waters dies. Waters, a country western musician, can’t make it to the funeral because she’s got a show scheduled at the Golden Nugget — an extremely important gig in for an artist like her in the 1970s, when the scene is set.
Use of REGEN-COV in children after heart transplantation for treatment and post-exposure prophylaxis of COVID-19
The World Health Organization declared coronavirus disease (COVID-19) secondary to SARS-CoV-2 infection a pandemic on 11 March, 2020. Since then multiple variants including Delta-B.1.617.2 and Omicron-B.1.1.529 have been discovered with variable rates of infection in children. In presence of pre-existing comorbidities including diabetes mellitus, obesity, and cardiovascular disease, COVID-19 is associated with substantial risk of complications including mortality.
Book World: 'The Farewell Tour' highlights the struggles of women in country music
- - - Underneath the spangly surfaces of country music, there's a lot of messiness and injustice. In some ways, the genre has been more upfront about that in recent years, especially for female artists; in some ways it has not.
'Farewell Tour' highlights the struggles of women in country music
Underneath the spangly surfaces of country music, there's a lot of messiness and injustice. In some ways, the genre has been more upfront about that in recent years, especially for women artists; in some ways they have not.
IN STORE: Stephanie Clifford, author of The Farewell Tour, in conversation with Ketch Secor
Parnassus Books is pleased to welcome Stephanie Clifford to celebrate her new book, The Farewell Tour, in conversation with Ketch Secor of Old Crow Medicine Show. This is a free event which will take place IN STORE on Tuesday, March 21st at 6:30pm Central Time. Because space will be limited, registration is required to attend this event.
The Farewell Tour: A Novel (Hardcover)
Description From the author of the New York Times bestseller Everybody Rise, a “shimmering” (New York Times Book Review) novel with the exquisite historical detail and evocative settings of The Cold Millions and Great Circle that tells the story of one unforgettable woman’s rise in country and western music. It’s 1980, and Lillian Waters is hitting the road for the very last time.
Five Best: Books on Country Music
Selected by Stephanie Clifford, the author, most recently, of the novel ‘The Farewell Tour.’ By Stephanie Clifford Feb. 24, 2023 11:24 am ET Down Through the Years By Jean Shepard (2014) 1. Even the slightest of country-music fans knows and loves Loretta Lynn’s 1976 memoir, “Coal Miner’s Daughter,” and its 1980 movie adaptation.
The Farewell Tour: A Novel|Hardcover
English 0063251132 From the author of the New York Times bestseller Everybody Rise, a rich and riveting novel with the exquisite historical detail and evocative settings of The Cold Millions and Great Circle that tells the story of one unforgettable woman’s rise in country and western music. It’s 1980, and Lillian Waters is hitting the road for the very last time.
How 'Real Housewife' Jen Shah's fabulous life came crashing down
The scene was reality-TV gold: Jen Shah, the glamorous, temperamental star of "The Real Housewives of Salt Lake City," climbed into a sprinter van headed to Vail for a ski weekend with her castmates. It was March 2021, and she was decked out in a typically over-the-top ensemble: midthigh cheetah-print boots and a fur shrug. As producers fussed and camera operators adjusted their lenses, Shah answered a phone call. Flustered, she asked a castmate to turn off her mic and climbed out of the van.
'Fire! Fire! Fire!’ The Perplexing, Deadly Electric Bike Problem. - Consumer Reports
By Stephanie Clifford December 8, 2022 Photo Illustration: Lacey Browne/Consumer Reports, Getty Images, Shutterstock, Chris Griggs At 29, Lanesha Hayden finally had a home of her own. She’d saved for years so her family could afford their own rental, choosing a ground-floor apartment in a three-story building in the Queens borough of New York City. One August day in 2021, Hayden noticed a family moving into the building’s basement, which the landlord rented though it wasn’t a legal dwelling.
Ann Lai Wanted to Change the Sexist Culture in Tech. First, She Had to File a Lawsuit.
Ann Lai photographed in October in New York City. Dress, Gabriela Hearst. Elsa Peretti earrings, Tiffany & Co. Rings, Prounis Jewelry. It’s past closing time at Hemster, a buzzy tailoring start-up in Williamsburg, Brooklyn, and as the sun sets outside the industrial windows, tailors and patternmakers store spools of thread and put away irons. Inside a conference room, two women, heads bent over their laptops, are still working.
Jessica Simpson Is Wrestling Back Billion-Dollar Fashion Empire
Of all the ways Jessica Simpson had imagined taking back control of her fashion empire, lying on a hospital bed with severe bronchitis, on a breathing machine, while 34 weeks pregnant with her third child, a daughter, was not one of them. “Her oxygen levels were dropping. I couldn’t breathe,” recalls Simpson of the harrowing, rather impractical moment in early 2019 when she and her mom, Tina, president of the business, decided to initiate a takeover bid. “I was 260 pounds. She was a very big baby.
Corporate Transition
Natalie Egan photographed in New York City in July 2021. Blouse, Another Tomorrow; Skirt, Alexander McQueen; Chain, Medallion; Bracelet, Foundrae. James Emmerman Back when entrepreneur Natalie J. Egan was a self-described “bro,” when sports metaphors rolled off her tongue and she tossed Frisbees over employees’ desks, she walked into a board meeting of the tech company she founded, and brought along a scorecard—not for her, but for the board members.
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