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Dollar vs. Bitcoin Clash: Experts Flex Opposing Views; SBF Trial Update — Week in Review
15.10.2023
Berkshire Hathaway’s Charlie Munger says most crypto is going to zero, while a Jefferies analyst says bitcoin is actually set to thrive in the case of a dollar collapse. Meanwhile, American economist Jeffrey Sachs says central bank digital currencies (CBDCs) are the real money of the near...
Blockfi CEO Blames FTX and Alameda Collapse for Firm’s Bankruptcy
14.10.2023
Blockfi CEO Zac Prince testified Friday that the downfall of FTX contributed to his company’s bankruptcy. Prince appeared as a government witness in the fraud trial of former FTX boss Sam Bankman-Fried (SBF). Blockfi’s Prince: Loans Wouldn’t Be Approved Knowing Alameda Used...
SBF Trial: Crypto Lender BlockFi Believed Alameda Was Solvent Given Balance Sheet It Was Shown, CEO Testifies
13.10.2023
BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said
Terraform Labs contends Citadel Securities had a hand in its stablecoin collapse
13.10.2023
Terraform Labs has urged the judge to grant its motion to compel trading data from Citadel Securities, which it says had a hand in the collapse of USTC in May 2022
Changpeng Zhao's tweet 'contributed' to collapse of FTX, claims Caroline Ellison
12.10.2023
The former Alameda Research CEO placed part of the blame for FTX's failure on CZ, while the Binance CEO claimed Ellison's offer to buy the firm's FTT holdings was the cause
Kraken Co-Founder Criticizes Venture Capitalists for Enabling Fraud at FTX
12.10.2023
In an X social media post on Wednesday, Jesse Powell, the co-founder of Kraken, criticized venture capital firms for their role in what he described as "obvious fraud" at FTX, led by Sam Bankman-Fried (SBF).
Powell's comments come amid ongoing legal proceedings against SBF in New York....
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FTX hacker moves $120M amid Sam Bankman-Fried trial: Report
12.10.2023
Blockchain analytics firm Elliptic didn’t rule out the possibility of the $477 million hack being an FTX inside job
LIVE: Caroline Ellison Starts Day 3 of Testimony Against Sam Bankman-Fried
12.10.2023
Former Alameda Research CEO Caroline Ellison faces Sam Bankman-Fried attorney Mark Cohen as she begins her third day of testimony
LIVE: Caroline Ellison Starts Day 2 of Testimony Against Sam Bankman-Fried
11.10.2023
Former Alameda Research CEO Caroline Ellison retook the stand on Wednesday, after testifying that her former boss and boyfriend, Sam Bankman-Fried, had directed many of FTX's now-public missteps
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 Lawyers Want to Ask Caroline Ellison About FTX's Anthropic AI Stake
11.10.2023
Sam Bankman-Fried's attorneys asked Judge Lewis Kaplan, who's overseeing the case, to grant them permission to ask former Alameda Research CEO Caroline Ellison about whether she deleted Signal messages at FTX lawyers' advice and what Anthropic AI's recent fundraise means for FTX creditors
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
Bankman-Fried Seeks to Probe Lawyers’ Involvement in $200M ‘Sham’ Alameda Loans
10.10.2023
The defendant in a multi-billion fraud trial is pressing to blame legal advice, despite judicial reluctance to let him
Analyst Warns of US Dollar Collapse, Predicts Bitcoin Owners to Benefit
10.10.2023
Global financial services firm Jefferies has warned of “the collapse of the U.S.-dollar paper standard to the benefit of both gold bullion owners and also owners of bitcoin.” He explained that the Federal Reserve, and other G7 central banks, “will not be able to exit from...
What to Expect When Caroline Ellison Takes Stand in Sam Bankman-Fried's Trial
9.10.2023
Bitcoin Price Prediction: BTC Stabilizes at $27,800: OpenAI CEO Praises BTC; Putin Forewarns US Dollar Collapse
9.10.2023
Bitcoin is currently trading at $27,955, experiencing a marginal 0.25% decline on Monday. In a notable development, the CEO of OpenAI has lauded Bitcoin as the "super logical" step on the tech tree, highlighting its significance in the evolving technological landscape. ...
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DOJ Wants to Block Sam Bankman-Fried From Bringing Up Anthropic AI Raise in Court
9.10.2023
The U.S Department of Justice wants the judge overseeing its case against Sam Bankman-Fried to block the defense team from introducing any evidence that his stake in artificial intelligence company Anthropic will benefit FTX creditors after the company's recent fundraise
Sam Bankman-Fried Ordered ‘Special Privileges’ for Alameda, FTX Co-Founder Gary Wang Testifies
6.10.2023
“Sam told me to make sure Alameda’s accounts would never get liquidated on FTX,” Wang said
SBF Trial Witness: Glitch at FTX Overstated Alameda's Debts by $8B
5.10.2023
Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity
5.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police...