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Prosecutors Seek to Exclude AI Startup Anthropic’s Valuation From Bankman-Fried Trial
9.10.2023
Amidst widespread media coverage highlighting Anthropic, the startup behind the generative artificial intelligence (AI) chatbot Claude and its pending multi-billion-dollar infusion, federal prosecutors overseeing the Sam Bankman-Fried case are pushing to sideline this subject during the trial....
Michael Lewis' new book puts a positive spin on Sam Bankman-Fried
9.10.2023
Michael Lewis painted an overwhelmingly positive picture of former FTX CEO Sam Bankman-Fried in his new book, "Going Infinite: The Rise and Fall of a New Tycoon."
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
Crypto Risks Another Sam Bankman-Fried if U.S. Doesn't Provide Clear Regulation
9.10.2023
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...
The DOJ Has Come Out Swinging in the Sam Bankman-Fried Trial
9.10.2023
The trial has started off strong for the Department of Justice. Some expected the DOJ to bring its most important witnesses – namely Sam Bankman-Fried’s former inner circle – toward the end of the trial – but oh how wrong we were
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
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
FTX used Python code to fake its insurance fund figure: Gary Wang
9.10.2023
FTX’s so-called “Backstop Fund” figure was a big lie, according to the former chief technology officer of the crypto exchange
Pro XRP Lawyer John Deaton slams Sam Bankman-Fried’s sympathizers
8.10.2023
He suggested that such sympathizers should not be considered for interviews with prominent media outlets like 60 Minutes
$8B Margin Mystery: Alameda’s Caroline Ellison to Testify Against Bankman-Fried Next Week
7.10.2023
After hearing witness accounts in the FTX trial this week, proceedings will resume on Tuesday, October 10, 2023. Caroline Ellison, former CEO of Alameda Research, is reportedly slated to take the stand. Ellison’s testimony could be pivotal; she helmed Alameda following Samuel Trabucco’s...
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
Bankman-Fried’s House of Cards? FTX Co-Founder Gary Wang Spills the Beans on Alleged Misuse of Client Funds
7.10.2023
On Friday, FTX’s co-founder, Gary Wang, delivered a riveting testimony to federal prosecutors, alleging that CEO Sam Bankman-Fried covertly diverted billions from customer accounts to fuel trades for his hedge fund, Alameda Research. Wang detailed how Bankman-Fried allegedly instructed him...
What Happened During Sam Bankman-Fried's First Week in Court?
6.10.2023
Betting on Justice? Polymarket Odds Reveal Speculators’ Take on Bankman-Fried’s Trial
6.10.2023
As the trial for Sam Bankman-Fried begins this week, the cryptocurrency community is eagerly awaiting the verdict. Will Bankman-Fried be found guilty or not guilty? As the trial progresses, speculators are using the cryptocurrency prediction platform Polymarket to bet on the potential outcome....
Sam Bankman-Fried ordered 'special privileges' for Alameda account on FTX — Gary Wang
6.10.2023
FTX’s former chief technology officer reportedly claimed in court that then CEO Sam Bankman-Fried authorized Alameda Research's account to trade more funds than it had available
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
Sam Bankman-Fried's Lawyers Test the Judge's Patience
6.10.2023
It could take six weeks for prosecutors to make their case against Sam Bankman-Fried. But only three days were needed for the judge overseeing his trial to lose patience with the former crypto chief’s defense team
FTX Co-Founder Testifies: Sam Bankman-Fried Allowed Unlimited Fund Withdrawals
6.10.2023
FTX co-founder Gary Wang has testified in court, admitting that he and former FTX boss Sam Bankman-Fried committed wire fraud.
Wang revealed to the jury that he and Bankman-Fried engaged in financial crimes and deceitful practices that ultimately led to the collapse of the cryptocurrency trading...