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Sam Bankman-Fried's Defense May Depend on Character and Fact Witnesses
25.10.2023
Sam Bankman-Fried's defense presentation won't kick off until later this week, but it's already clear his defense may hinge on one key witness: himself. That's according to Kevin O’Brien, a partner at Ford O'Brien LLP and a former assistant U.S. attorney who specializes in white collar criminal...
FTX navigates post-bankruptcy options, weighs sale or revival
25.10.2023
These options reportedly encompass selling the entire exchange, including its extensive customer base of over 9 million, to the potential of forming a partnership with another entity to revive the platform
FTX Reportedly Considering Bids to Restart Exchange, Decision Expected by Year End
25.10.2023
Fallen crypto exchange FTX is currently evaluating proposals from three prospective bidders seeking to restart the crypto trading platform, according to a recent Bloomberg report.
During a court hearing held in Wilmington, Delaware, Kevin M. Cofsky, the investment banker representing FTX from...
Sam Bankman-Fried Defense Has 6 Witnesses to Open With: DOJ
25.10.2023
The Sam Bankman-Fried Trial: One Expert Witness
24.10.2023
The defense team has revealed its sole proposed expert witness, who’ll try to point out flaws in the DOJ’s presentations
Sam Bankman-Fried seeks expert to counter testimony from DOJ witnesses
24.10.2023
Former FTX CEO Sam Bankman-Fried intends to call on a financial expert to rebuff testimonies from Caroline Ellison, Gary Wang, Nishad Singh and Adam Yedidia
Sam Bankman-Fried Proposes Financial Expert as Witness to Rebut DOJ Testimony
24.10.2023
FTX Creditors' Lawyers Promote Deal Giving Investors 90% of What's Left in SBF's Empire
23.10.2023
A deal was secured to pay those who had money at defunct FTX as much as 90% of the assets that remain, and now the lawyers representing some creditors are trying to get enough of those investors on board to make it happen
From Effective Altruism to Terms of Service — Pivotal Points in Bankman-Fried’s Court Battle
23.10.2023
Lawyers for former FTX CEO Sam Bankman-Fried have given proposed jury instructions to the court in advance of jury deliberations and his verdict. These instructions clarify the defense’s legal positions and emphasize their client’s right to be presumed innocent until proven guilty....
The Sam Bankman-Fried Trial: It’s the Courthouse Life for Us
23.10.2023
To get a courtroom seat, you gotta show up early: at least 7:30 a.m. The overflow room is more relaxed, but there’s no Sam, just his televised image
FTX creditor claims heat up as bankruptcy proceedings drive forward
23.10.2023
The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday
Skybridge Boss Scaramucci Predicts Bitcoin’s Value Could Multiply 11-fold With Blackrock’s ETF Approval
22.10.2023
Anthony Scaramucci, founder of Skybridge Capital, believes that if the U.S. Securities and Exchange Commission (SEC) approves Blackrock’s spot bitcoin exchange-traded fund, the value of bitcoin could surge significantly. Scaramucci also discussed Sam Bankman-Fried, the former head of...
Sam Bankman-Fried trial moves to final stages
22.10.2023
The trial of Sam Bankman-Fried is reaching a conclusion, with the prosecution set to rest its case on Oct. 26
Ex-General Counsel Sheds Light on FTX’s $7B Gap in Bankman-Fried Fraud Trial
22.10.2023
FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told prosecutors he resigned the day after realizing the scope...
Sam Bankman-Fried asked FTX attorney to 'come up' with legal argument for $8B hole
20.10.2023
According to former FTX general counsel Can Sun, Bankman-Fried "was not surprised at all" that billions of dollars were missing
The Sam Bankman-Fried Trial: Our Favorite Quotes, So Far
20.10.2023
It's fall break! Thursday ended early after just two witnesses – former FTX General Counsel Can Sun and Third Point's Robert Boroujerdi – testified briefly. We won't be back in the courthouse at 500 Pearl Street until next Thursday, Oct. 26, when we'll resume our normal analyses. Instead, today...
Sam Bankman-Fried's Lawyers, DOJ Propose Final Sets of Jury Instructions
20.10.2023
The U.S. Department of Justice and Sam Bankman-Fried's defense team filed their proposed jury instructions after the witness testimony wraps up in the coming weeks
Judge Kaplan's Ire Hits All Lawyers in the Sam Bankman-Fried Case
19.10.2023
We’ve entered the soul-sucking phase of Sam Bankman-Fried’s month-long criminal trial. The part where an antsy Judge Lewis Kaplan paces and glares – and then lashes out at prosecutors (and also defense lawyers) for wasting everyone’s time
FTX Used Billions in Customer Funds to Buy Back Binance Stake
19.10.2023
Binance CEO Changpeng Zhao said in a 2022 post the company had received over $2.1 billion in binance usd (BUSD) stablecoins and FTX’s FTT tokens
Sam Bankman-Fried’s trial is telling a story of classic financial deceit
18.10.2023
Disgraced FTX CEO Sam Bankman-Fried wasn't the first financial kingpin to get creative with balance sheets, and he won't be the last