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Nalezeno "Bankman-Fried": 1708

Report: Tom Brady Received $55 Million for FTX Commercials Before Its Collapse

5.10.2023
According to a report, former National Football League quarterback Tom Brady was paid $55 million to feature in the collapse cryptocurrency exchange FTX’s advertisements. As part of the arrangement, Brady would devote 20 hours of his time each year for three years. Celebrities Paid to Promote...

12 people will decide the fate of former FTX CEO Sam Bankman-Fried

5.10.2023
45 prospective jurors were narrowed down to 12 after they were asked to discuss their background, employment, education, partners, children and their age

Sam Bankman-Fried Changed the Rules for FTX Employees When SRM Token Shot Up in Value – Here's What Happened

4.10.2023
Sam Bankman-Fried (SBF) was forced to change rules for FTX employees in 2021 when their crypto profits threatened to let them retire early. As Michael Lewis wrote in his SBF-focused book “Going Infinite,” SBF used his exclusive power to lock up his employee’s Serum (SRM) holdings for seven years...

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

Crypto Tycoon SBF in the Dock: Jury Selection Extended; Hearing Reveals Financial Carnage

4.10.2023
Sam Bankman-Fried (SBF), the disgraced co-founder of the now insolvent cryptocurrency exchange FTX, concluded his first day of trial involving jury selection and voir dire questioning. The process extended into Wednesday as U.S. District Judge Lewis Kaplan eliminated several potential jurors...

Sam Bankman-Fried 'Lied,' DOJ Tells Jury; Defense Tries to Pin FTX Collapse on Caroline Ellison

4.10.2023
"He poured money — other people's money — into investments to make himself even richer," the prosecutor said in opening arguments

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

DOJ Clamps Down on SBF’s Regulatory Loophole Defense Amid Ongoing Fraud Trial

4.10.2023
The Department of Justice (DOJ) has asked the judge in Sam Bankman-Fried’s (SBF) criminal case to restrict several planned defense arguments about financial regulations. Prosecutors said in a new court filing that SBF should not be allowed to claim he’s innocent because cryptocurrency...

Sam Bankman-Fried Shouldn’t Have Cut His Hair

4.10.2023
If your defense is “I didn’t know what was happening,” don’t dress like a competent person

Sam Bankman-Fried Now Has a Jury

4.10.2023
A federal judge has chosen the 12 people who will decide whether FTX founder Sam Bankman-Fried violated fraud and other laws in running his once-mighty crypto exchange

Sam Bankman-Fried Trial Jury Selection Extends to Second Day Amid Bias Concerns – What's Going On?

4.10.2023
The jury selection process in the criminal trial of FTX founder Sam Bankman-Fried is set to continue for a second day amid concerns of potential bias among prospective jurors. Out of the initial pool of potential jurors, the list has now been narrowed down to 50 individuals, from which a final...

Binance CEO CZ rejected SBF's request for $40M for futures exchange: Going Infinite

4.10.2023
Michael Lewis's book 'Going Infinite' reveals that CZ and SBF had different goals when the first collaborative business opportunity arose in 2019

Juror Unfamiliarity of Cryptocurrency Poses Challenge in FTX Trial

4.10.2023
As the trial against Sam Bankman-Fried, the disgraced former CEO of bankrupt crypto exchange FTX, begins, the complexity of the world of crypto is emerging as a significant challenge for both the prosecution and the defense. In the case, the prosecution faces the formidable task of simplifying...

No Jury Yet, but We're Getting There

4.10.2023
Sam Bankman-Fried had a grin on his face as he entered court on Tuesday morning – clad in a black suit and an uncharacteristically tame (read: closely trimmed) mop of hair. After nine long months, the disgraced crypto founder will finally have the chance to defend himself against a wide array...

Sam Bankman-Fried Lost Half a Million Dollars Everyday After Alameda Launched, Michael Lewis Claims

4.10.2023
The tides finally changed after Gary Wang and Nishad Singh (both FTX directors who have since pled guilty to fraud in the ongoing trial) joined the firm

Lack of U.S. Crypto Laws Irrelevant to Bankman-Fried Allegations, DOJ Says

4.10.2023
The FTX founder’s fraud trial began selecting a jury Tuesday as lawyers spar about what evidence its members can see

FTX's $500 Million Investment in OpenAI Rival Offers Hope for Creditors as Anthropic Eyes $2 Billion Funding from Google

4.10.2023
FTX's $500 million investment in Anthropic in 2022 could potentially become a game-changer for creditors after OpenAI rival revealed its intention to raise another $2 billion from Google and other firms. According to The Information report, Anthropic is currently in discussions with various...