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Billionaire on Paper: FTX CTO Gary Wang Reveals Alameda’s Privileges Amidst Exchange Scandal
6.10.2023
Former FTX chief technology officer Gary Wang took the stand on Thursday in the trial of FTX founder Sam Bankman-Fried. Wang admitted to committing financial crimes with Bankman-Fried, former Alameda CEO Caroline Ellison, and former FTX engineering executive Nishad Singh. From High School...
'We allowed Alameda to withdraw unlimited funds' — Gary Wang at SBF trial
5.10.2023
According to FTX's former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison
JPEX Scandal Sparks Creation of Hong Kong Police Crypto Crimes Group
5.10.2023
On October 4, the Securities and Futures Commission (SFC) of Hong Kong, in collaboration with the Hong Kong Police, announced the formation of a special group to monitor and investigate crimes related to crypto exchanges.
The initiative was prompted by the ongoing controversies surrounding...
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"
Cocoa broker testifies to Bitcoin holdings on FTX in Sam Bankman-Fried trial
4.10.2023
London-based cocoa broker Marc-Antoine Julliard responded to questions from prosecutors on crypto he held on FTX in November 2022
Opening arguments begin in Sam Bankman-Fried trial
4.10.2023
"His girlfriend will tell you how they stole money together," said Assistant U.S. Attorney Thane Rehn in an opening statement about the former FTX CEO
US Treasury sanctions crypto wallets as authorities crack down on fentanyl
3.10.2023
According to Deputy Treasury Secretary Wally Adeyemo, the sanctioned wallets "received millions of USD funds over hundreds of deposits" used for illicit drugs
FTX execs who pleaded guilty among names of potential witnesses in Sam Bankman-Fried’s criminal case
3.10.2023
According to reports from the courthouse, Assistant U.S. Attorney Danielle Sassoon named Caroline Ellison, Gary Wang, and Nishad Singh among those who may offer testimony
Alex Mashinsky's jury trial scheduled for September 2024
3.10.2023
According to a New York court, the former Celsius CEO will remain free on $40-million bail through the legal proceedings
Book describes Sam Bankman-Fried with little attention span or respect for appointments
2.10.2023
The former FTX CEO was reportedly invited by Vogue editor-in-chief Anna Wintour to be her special guest at the Met Gala, only to cancel at the last minute
FBI Indicts Wall Street Banker For Doing Crimes On Xbox 360
29.9.2023
A newly unsealed FBI indictment accuses a former analyst at Goldman Sachs of insider trading, including allegedly using an Xbox to pass tips onto his close friends. The friend group earned over $400,000 in ill-gotten gains as a result, federal prosecutors claim. “There’s no tracing [Xbox...
Judge denies final pre-trial request from Sam Bankman-Fried for temporary release
28.9.2023
The federal judge overseeing Sam Bankman-Fried's fraud case reportedly suggested the former FTX CEO might be a flight risk, given his young age and potential prison time
Sam Bankman-Fried will likely appear in a suit and tie at trial
27.9.2023
The former FTX CEO will have access to 3 full suits, 4 dress shirts, 3 ties, 1 belt, 4 pairs of socks, and 2 pairs of shoes — no hoodies were requested
US Treasury sanctions Ethereum wallet tied to cartel over 'illicit fentanyl trafficking'
26.9.2023
An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the United States
10 crypto insiders share their advice for traders considering trading bots
26.9.2023
Being fully aware of both the strengths and weaknesses of bots can help traders leverage them with optimal success
Judge grants DoJ motions barring testimony of Sam Bankman-Fried's witnesses
21.9.2023
Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government
Judges deny Sam Bankman-Fried's appeal for early release
21.9.2023
Three judges with the 2nd U.S. Circuit Court of Appeals in New York have denied requests from Sam Bankman-Fried’s lawyers for early release from jail
Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report
19.9.2023
A panel of three judges at the 2nd U.S. Circuit Court of Appeals in New York reportedly will consider requests from Sam Bankman-Fried’s lawyers for early release from jail
UK House of Lords passes bill to seize stolen crypto
19.9.2023
During the bill's review phase, the House of Lords agreed on certain amendments to clarify its intent of targeting monetary proceeds from fraud or other financial crimes
South Korea focuses on OTC crypto regulations as unlawful deals reach $4B
18.9.2023
According to the Korea Customs Service report, the value of unlawful foreign exchange transactions made using virtual currency was estimated to be worth $4 billion last year