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Sam Bankman-Fried considered selling FTX equity to Saudi crown prince, says Caroline Ellison
11.10.2023
Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried's criminal trial, delving into potential investments prior to FTX's bankruptcy
Sam Bankman-Fried Wrote a Draft Twitter Thread For Alameda Closure Two Months Before FTX Collapse
11.10.2023
Former FTX boss Sam Bankman-Fried had written a draft Twitter thread to announce the possible closure of his hedge fund Alameda Research.
The thread, which was drafted in September 2022, reveals that Bankman-Fried considered announcing the closure of Alameda Research, the trading firm...
SBF's Legal Time Seeks to Cross Examine Caroline Ellison Over FTX's Anthropic Investment
11.10.2023
Sam Bankman-Fried’s defense team is preparing to question Caroline Ellison, the former CEO of Alameda Research, over FTX’s investment in AnthropicAI.
The line of questioning would also center around the extent to which Ellison relied on legal counsel when making pivotal decisions during her tenure...
Best Crypto to Buy Now October 10 – Tezos, Cosmos, XDC Network
11.10.2023
New details came to light on October 10 in the ongoing trial of former FTX CEO Sam Bankman-Fried. Caroline Ellison, Bankman-Fried's ex-girlfriend and former head of affiliated firm Alameda Research, took the stand to deliver key testimony for the prosecution.
With the latest development...
Defending the Indefensible? Sam Bankman-Fried’s Lawyers Deserve Better
10.10.2023
Coinbase Director Flags Alameda Research for Minting Nearly $40 Billion USDT in 2021
10.10.2023
Today, Conor Grogan, a director at Coinbase, brought attention to Alameda Research's actions concerning the Tether (USDT) stablecoin. According to blockchain data analyzed by Grogan, Alameda Research minted upwards of $39.55 billion in USDT throughout 2021, despite lacking equivalent assets under...
Sam Bankman-Fried trial: former Alameda CEO Caroline Ellison to testify
10.10.2023
Sam Bankman-Fried's former love interest and CEO of Alameda Research Caroline Ellison is expected to testify against SBF in court with detailed information on the fraudulent use of customer funds
Key Points From the Sam Bankman-Fried Trial's First Week
10.10.2023
It’s been less than a week since the federal government’s trial against FTX’s Sam Bankman-Fried began, but we’ve already heard from an FTX co-founder, a former developer, a customer and an investor
Sam Bankman-Fried's Legal Battle: Lawyers May Already Be Eyeing an Appeal
10.10.2023
Daniel C. Silva, former assistant US attorney and shareholder at law firm Buchalter, believes that Sam Bankman-Fried's defense might be setting the stage for a potential appeal if the disgraced crypto boss is found guilty.
By focusing on minutiae, the defense could argue that they were deprived...
Sam Bankman-Fried just like Bernie Madoff, Cardano founder says
10.10.2023
Charles Hoskinson likened SBF to Bernie Madoff the mastermind behind the largest Ponzi scheme in history, and says the media is giving him a 'free pass'
What is going on with Sam Bankman-Fried’s defense?
9.10.2023
Former FTX CEO Sam "SBF" Bankman-Fried has been on trial since Oct. 3, but his legal counsel has yet to present a compelling narrative to support his defense
Sam Bankman-Fried FTX fraud trial continues: What to expect in the second week
9.10.2023
In the second week of his fraud trial Sam Bankman-Fried will face testimonies against him from witnesses including former partner and CEO of Alameda Research, Caroline Ellision
Prosecutors Seek to Prevent Anthropic Mention in Sam Bankman-Fried's Trial
9.10.2023
Prosecutors are seeking to prevent Sam Bankman-Fried from mentioning AI startup Anthropic during the proceedings.
The move comes in response to media reports of Anthropic securing billions in fundraising from Google, shortly after announcing a similar investment from Amazon.
The news...
Sam Bankman-Fried $500M Anthropic stake irrelevant to case, prosecutors say
9.10.2023
United States prosecutors argue that the potential for FTX investors to be made whole through the high valuation of Anthropic cannot be presented by Sam Bankman-Fried’s legal team
Sam Bankman-Fried goes on trial: A week in review
7.10.2023
The trial of former FTX CEO Sam Bankman-Fried started on October 3. Four witnesses explained to jurors how $8 billion in funds from customers went missing
SBF was ‘very resistant’ to investors on FTX board: Paradigm co-founder
6.10.2023
Matt Huang said he was led to believe that Alameda Research was not being provided any special treatment by FTX
FTX deposits went to account controlled by Alameda for months, Yedidia testifies
5.10.2023
Yedidia was involved in writing a buggy program to automate FTX customer deposits and withdrawals and was concerned by the size of the Alameda Research liability on the FTX books
Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange
5.10.2023
Binance CEO Changpeng "CZ" Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange.
At the time, Binance was primarily a spot crypto exchange, and the idea of a futures-only platform was a deviation from its existing...
College roommate talked to Sam Bankman-Fried about FTX's $8B hole on a paddle tennis court: Trial
5.10.2023
Adam Yedidia, a former developer at FTX, testified regarding his knowledge of the crypto exchange's use of funds, claiming "Alameda had used customer deposits to pay its loans"
Sam Bankman-Fried Trial Jury Selection Extends to Second Day Amid Bias Concerns – What's Going On?
4.10.2023
The jury selection process in the criminal trial of FTX founder Sam Bankman-Fried is set to continue for a second day amid concerns of potential bias among prospective jurors.
Out of the initial pool of potential jurors, the list has now been narrowed down to 50 individuals, from which a final...