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Sam Bankman-Fried Wanted to Close Alameda in 2022, Unpublished Posts Show
11.10.2023
He had hoped to continue Alameda as an investment firm and infrastructure developer, but claimed in the posts that Alameda wouldn’t actively trade
Sam Bankman-Fried Wrote a Draft Twitter Thread For Alameda Closure Two Months Before FTX Collapse
11.10.2023
Former FTX boss Sam Bankman-Fried had written a draft Twitter thread to announce the possible closure of his hedge fund Alameda Research.
The thread, which was drafted in September 2022, reveals that Bankman-Fried considered announcing the closure of Alameda Research, the trading firm...
SBF's Legal Time Seeks to Cross Examine Caroline Ellison Over FTX's Anthropic Investment
11.10.2023
Sam Bankman-Fried’s defense team is preparing to question Caroline Ellison, the former CEO of Alameda Research, over FTX’s investment in AnthropicAI.
The line of questioning would also center around the extent to which Ellison relied on legal counsel when making pivotal decisions during her tenure...
SBF's Lawyers Want to Ask Caroline Ellison About FTX's Anthropic AI Stake
11.10.2023
Sam Bankman-Fried's attorneys asked Judge Lewis Kaplan, who's overseeing the case, to grant them permission to ask former Alameda Research CEO Caroline Ellison about whether she deleted Signal messages at FTX lawyers' advice and what Anthropic AI's recent fundraise means for FTX creditors
Best Crypto to Buy Now October 10 – Tezos, Cosmos, XDC Network
11.10.2023
New details came to light on October 10 in the ongoing trial of former FTX CEO Sam Bankman-Fried. Caroline Ellison, Bankman-Fried's ex-girlfriend and former head of affiliated firm Alameda Research, took the stand to deliver key testimony for the prosecution.
With the latest development...
Inside Caroline Ellison’s Explosive Testimony — Former Alameda CEO Accuses SBF of Directing Fraud at FTX
11.10.2023
In bombshell testimony on Tuesday, Caroline Ellison, former CEO of Alameda Research, accused Sam Bankman-Fried of directing her and others to commit fraud under his leadership at FTX and Alameda. Taking the stand in a red dress, Ellison stated “Alameda took several billions of dollars from...
Defending the Indefensible? Sam Bankman-Fried’s Lawyers Deserve Better
10.10.2023
FTX co-founder Wang discusses plea deal, knowledge of financial concepts at SBF trial
10.10.2023
On the final day of his testimony, FTX co-founder Wang discussed talking to the feds and his interpretation of the “FTX is fine” tweet
Coinbase Director Flags Alameda Research for Minting Nearly $40 Billion USDT in 2021
10.10.2023
Today, Conor Grogan, a director at Coinbase, brought attention to Alameda Research's actions concerning the Tether (USDT) stablecoin. According to blockchain data analyzed by Grogan, Alameda Research minted upwards of $39.55 billion in USDT throughout 2021, despite lacking equivalent assets under...
Sam Bankman-Fried aspired to become US President, says Caroline Ellison
10.10.2023
The former CEO of crypto exchange FTX also reportedly explored paying off Donald Trump from running for U.S. President again
Bankman-Fried’s Defense Targets $300M Loan Interrogations; Ex-CTO Gary Wang Spotlighted
10.10.2023
Attorneys defending ex-FTX chief Sam Bankman-Fried are keen to interrogate the former CTO of the now-dissolved exchange concerning personal loans ranging from $200-300 million, a fresh letter from Cohen & Gresser LLP reveals. Former CTO Gary Wang is set to return to the stand on Tuesday, with...
Caroline Ellison blames Sam Bankman-Fried for misuse of FTX user funds at trial
10.10.2023
Reports have suggested the former CEO of Alameda Research and SBF had largely been out of contact following the collapse of FTX in November 2022
LIVE: Caroline Ellison, Ex-Alameda CEO and SBF's Ex, Takes the Stand
10.10.2023
Caroline Ellison, the former CEO of crypto hedge fund Alameda Research, is the government's star witness in its prosecution of alleged crypto fraudster Sam Bankman-Fried
SBF's Lawyers Seek To Cross-Examine Gary Wang on Counsel’s Involvement in Alameda Loans
10.10.2023
In the ongoing multi-billion fraud trial of the bankrupt FTX exchange, Sam Bankman-Fried (SBF) has blamed lawyers' involvement in structuring the loans issued to FTX co-founder Gary Wang by Alameda Research.
As a result, SBF’s lawyers have requested Judge Lewis Kaplan to cross-examine Wang further...
Binance $1 Billion Industry Recovery Fund Post-FTX Underperforms
10.10.2023
Binance CEO Changpeng Zhao's plan to rescue the cryptocurrency market has fallen short of expectations eleven months after launch.
Since the launch of the Industry Recovery Initiative (IRI), the company has only spent less than $15 million out of an announced $1 billion fund, Bloomberg wrote. ...
Sam Bankman-Fried trial: former Alameda CEO Caroline Ellison to testify
10.10.2023
Sam Bankman-Fried's former love interest and CEO of Alameda Research Caroline Ellison is expected to testify against SBF in court with detailed information on the fraudulent use of customer funds
Key Points From the Sam Bankman-Fried Trial's First Week
10.10.2023
It’s been less than a week since the federal government’s trial against FTX’s Sam Bankman-Fried began, but we’ve already heard from an FTX co-founder, a former developer, a customer and an investor
FTX CEO Sam Bankman-Fried's Legal Battle Expands to Lawyers' Involvement
10.10.2023
As the trial of Sam Bankman-Fried enters its second week, his lawyers are seeking to question FTX co-founder Gary Wang about his reliance on legal advice regarding loans from Alameda Research.
In a legal filing made late Monday night, Bankman-Fried's defense team requested permission from...
Cardano’s Hoskinson Likens Sam Bankman-Fried to Bernie Madoff
10.10.2023
Cardano’s founder Charles Hoskinson has compared the embattled co-founder of FTX to infamous ponzi scheme boss, Bernie Madoff.
In a post on X (formerly Twitter), Hoskinson stated that Sam Bankman-Fried’s actions can be likened to Bernie Madoff but the former is now getting a free pass by...
Consultant's Heroic Act: How a Personal Wallet Saved $400 Million During the FTX Hack
10.10.2023
In a dramatic turn of events during the collapse of crypto exchange FTX last November, a heroic act by an adviser played a pivotal role in preventing what could have been one of the largest crypto heists in history.
According to a Wired report from Monday, Kumanan Ramanathan, an adviser to...