The prosecution in Sam Bankman-Fried’s landmark fraud case revealed several telling messages the fallen crypto founder had via direct messaging on Twitter. The prosecution called investigative analyst for the Southern District of New York, Shamel Medrano, to the witness stand, where he was presented with a number of incriminating messages Bankman-Fried wrote to Vox journalist,…
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FTX founder Sam Bankman-Fried met with a number of high-profile political leaders in the lead-up to his crypto empire’s collapse, according to phone records presented by the prosecution in Manhattan federal court Thursday afternoon…. Read More: Bankman-Fried met with President Clinton, NYC Mayor Eric Adams and Saudi Arabia’s Minister of Investment Before FTX Collapse, FBI…
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FTX’s former head of engineering, Nishad Singh, finished up his direct examination in Manhattan federal fourt Monday afternoon by recounting the details of the crypto company’s collapse. In his testimony, Singh stated that he found FTX founder Sam Bankman-Fried’s spending “excessive” and “concerning.”… Read More: FTX Executive Describes Final Days of Doomed Crypto Exchange: “I’d…
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From FTX founder Sam Bankman-Fried’s attempts to raise company funds from the Crown Prince of Saudi Arabia to using Thai prostitutes’ identities in an attempt to unfreeze crypto accounts, the second week of Bankman-Fried’s criminal trial proved damning for the disgraced “king of crypto.”… Read More: Saudi Arabian Funds, BlockFi’s Founder, and a Star Witness:…
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The federal criminal case against Bankman-Fried closed out its second week Friday with engaging testimony from BlockFi founder and CEO, Zac Prince. Prince claimed that BlockFi began lending money to FTX towards the start of 2021, increasing the fallen crypto exchange’s borrowing later on in the year at the behest of Bankman-Fried. … Read More: BlockFi…
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Former Alameda Research CEO, Caroline Ellison, wrapped up three days of compelling testimony against former FTX founder Sam Bankman-Fried Thursday afternoon in Manhattan federal court…. Read More: Bankman-Fried Stopped Former Alameda CEO from Quitting, Star Witness Testimony Concludes Read more »Sign up for e-EUR – the progressive stablecoin
In another shocking day in the trial against Sam Bankman-Fried, Caroline Ellison revealed that the Federal Bureau of Investigation raided her home while her new boyfriend, a former FTX/Alameda employee, was present. However, Ellison did not reveal the identity of her new romantic partner. The revelation comes one day after the prosecution chided Bankman-Fried for…
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The courtroom watched with bated breath as former Alameda Research CEO, Caroline Ellison, broke down on the witness stand as she testified against Sam Bankman-Fried on the afternoon of Wednesday, October 11th…. Read More: Former Alameda CEO Breaks Down on Witness Stand: “I Didn’t Have to Live a Lie Anymore” Read more »Sign up for…
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The trial of former crypto golden boy Samuel Bankman-Fried continued Friday, October 6th in Manhattan Federal Court with FTX co-founder Gary Wang continuing his long-awaited testimony. In it, Wang claimed Alameda Research was given “special privileges,” including a line of credit on FTX’s crypto exchange valued at over $65 billion. … Read More: Billion with a…
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Sam Bankman-Fried (SBF), the founder and former CEO of bankrupt cryptocurrency exchange FTX, is going to attempt to get off the hook by saying he was acting in “good faith” by following the advice of his former lawyers. SBF was charged by the US Department of Justice on numerous accounts of fraud following the collapse…
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