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Nalezeno "Fried": 1745

Silicon Valley Law Firm Fenwick & West Files to Dismiss FTX Class Action Lawsuit

22.9.2023
Fenwick & West, a renowned Silicon Valley law firm, has denied allegations that it played a role in facilitating a fraud allegedly committed by bankrupt crypto exchange FTX. The law firm has filed a motion to dismiss the lawsuit, claiming that its services provided to FTX were standard legal...

Sam Bankman-Fried Will Remain in Jail Through the Start of His Trial

21.9.2023
An appeals court rejected his attorneys’ attempt to free him in the run-up to the trial

Ex-Alameda Employee Exposes Firm’s Massive Bitcoin Trading Misstep

21.9.2023
An ex-employee of Alameda Research has revealed that a trading blunder from the firm precipitated an astonishing 87% plunge in bitcoin’s (BTC) price on the Binance US exchange. This mishap, the insider disclosed, resulted in losses reaching the “order of tens of millions.”...

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

Judge Blocks Sam Bankman-Fried's Proposed Witnesses From Testifying

21.9.2023
Judge Lewis Kaplan, who's overseeing Sam Bankman-Fried's trial, granted the U.S. Department of Justice's motion to block all of the FTX founder's proposed witnesses from testifying at his trial next month

Sam Bankman-Fried's Alameda Research Allegedly Linked to 2021 Bitcoin Price Plunge

21.9.2023
The Bitcoin price experienced an abrupt and unexplained decline of 87% on October 21, 2021, and new information suggests that Sam Bankman-Fried's Alameda Research may have been the culprit. Today, a former employee came forward to shed light on the company's internal operations, claiming that...

Here’s How FTX Founder Sam Bankman-Fried’s Trial May Play Out

21.9.2023
FTX founder and onetime CEO Sam Bankman-Fried will stand trial in just under two weeks to defend himself against allegations he deliberately committed fraud and conspired to defraud crypto investors and customers in FTX and Alameda Research. CoinDesk spoke to several legal experts about how...

Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims

21.9.2023
An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021

Stanford University Vows to Return $5.5M FTX Donations; Funds Initially Allocated for Pandemic Prevention

20.9.2023
In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in gifts to Stanford traces back to the FTX empire....

The Sam Bankman-Fried Trial Is a Family Affair

20.9.2023

Breaking Down the Infamous Alameda Balance Sheet

20.9.2023
The infamous balance sheet of Sam Bankman-Fried’s trading firm, Alameda Research, served as the basis for a Nov. 2, 2022, story by CoinDesk’s Ian Allison. The article raised questions about how sturdy the company’s financial underpinnings were – and, by extension, how safe Bankman-Fried’s...

Stanford University to Return $5.5 Million Worth Gifts Received From Bankrupt FTX

20.9.2023
Stanford University is in talks with the attorneys for the beleaguered FTX to return the “entirety” of gifts that it received from the bankrupt crypto exchange and related entities. The move comes after a lawsuit against the parents of its founder and former CEO, Sam Bankman-Fried, who allegedly...

Stanford to return millions in crypto donations from FTX

20.9.2023
The university said it intends to return the “entirety” of funds received from former cryptocurrency exchange FTX, which it claims were mainly for pandemic-related prevention and research

Stanford University Will Return 'Gifts' Donated by FTX: Report

20.9.2023
Stanford University will be returning "gifts" it received from FTX, allegedly orchestrated by Sam Bankman-Fried's parents, according to a Bloomberg report

Sam Bankman-Fried's father dragged his mother into an FTX US salary dispute

19.9.2023
A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son or FTX US satisfied concerns around his $200,000 annual salary

The ‘Family Business’ — FTX Founder’s Parents Accused of Siphoning Millions From Bankrupt Exchange

19.9.2023
The parents of disgraced FTX founder Sam Bankman-Fried are being accused of misappropriating millions in customer funds from the now-bankrupt cryptocurrency exchange. The attorneys for Joseph Bankman and Barbara Fried firmly assert that the allegations are “completely false.”...