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Judge Limits Bankman-Fried’s Trial Arguments; Allows Recreational Drug Use Questions
27.9.2023
A federal judge has issued rulings limiting some arguments the defense can make at Sam Bankman-Fried’s criminal fraud trial next month. However, the judge will allow Bankman-Fried’s lawyers to question witnesses about past recreational drug use. Bankman-Fried Can’t Mention Jail...
Former FTX Law Firm Denies Role in Collapse; Challenges Allegations as ‘Fatally Deficient’ in Court Motion
26.9.2023
San Francisco-based law firm Fenwick & West LLP is denying allegations from FTX founder Sam Bankman-Fried that the firm provided legal advice enabling the alleged fraud that led to the cryptocurrency exchange’s collapse. In a recent court filing, Fenwick & West asserts the allegations...
FTX Founder Sam Bankman-Fried's Bail Request Rejected Ahead of Trial
22.9.2023
A US court has denied Sam Bankman-Fried's request for release on bail before his trial, which is scheduled to begin next month.
On Thursday, an appeals court upheld the decision to keep the disgraced founder of FTX locked up ahead of his trial.
"We reject [Bankman-Fried's] contention that...
Sam Bankman-Fried's Father Faces Scrutiny Over Alleged Role in Democratic Dark Money Network
22.9.2023
Joseph Bankman, the father of the embattled former crypto entrepreneur Sam Bankman-Fried, has reportedly been implicated in holding an advisory position within a prominent Democratic dark money network. Watchdogs suggest that this arrangement warrants a thorough investigation.
This allegation...
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.”...
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
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
Leaked Writings Reveal Sam Bankman-Fried's Struggles Post-FTX Collapse
18.9.2023
Sam Bankman-Fried, the former CEO of crypto exchange FTX, has expressed his deep frustration and regret over the situation he finds himself in in a leaked 250-page manuscript.
In the writings, said to be leaked to crypto influencer Tiffany Fong and later shared with the New York Times...
FTX Claims Portal Back in Action After Cybersecurity Incident in August
17.9.2023
FTX has reopened its customer claims portal, unfreezing user accounts that were affected by a cybersecurity incident in August.
In a recent statement, FTX clarified that the freezing of customer accounts was a precautionary measure and emphasized that additional security measures have been...
Jury Selection Controversy: Prosecutors Criticize ADHD, Effective Altruism Voir Dire Questions in Bankman-Fried Trial
16.9.2023
Sam Bankman-Fried’s legal team and federal prosecutors are clashing over what can be asked of potential jurors before his trial begins next month. The defense and prosecution submitted dueling proposed questions on Thursday, with each side accusing the other of trying to inappropriately sway...
Bankman-Fried’s House Arrest Writings Reveal Inner Turmoil, Blame Game in FTX Collapse
16.9.2023
According to more than 250 documents sent to the media, the disgraced co-founder of FTX, Sam Bankman-Fried, said he feels like “one of the most hated people in the world.” The former CEO of the now-defunct crypto exchange further noted in his statements that “there will probably never be anything...
Government objects to ‘unnecessary,’ ‘prejudicial’ SBF jury selection questions
15.9.2023
The U.S. attorney sees no reason for potential jurors to discuss effective altruism or ADHD, among other things, before trying SBF
Sam Bankman-Fried says 'I did what I thought was right' in leaked docs: Report
15.9.2023
Documents provided by crypto influencer Tiffany Fong reportedly revealed details about the former FTX CEO's life under house arrest and his relationship with Caroline Ellison
New Court Filing: FTX Holds $1.1 Billion in SOL and $560 Million in BTC
11.9.2023
Now-defunct crypto exchange FTX holds approximately $7 billion in assets, including $1.16 billion worth of Solana (SOL) tokens and $560 million in Bitcoin (BTC).
In a Monday court filing, the company said it has managed to secure $1.5 billion in cash in addition to the $1.1 billion it held as...
Sam Bankman-Fried's lawyers request pre-trial release citing poor internet connection
11.9.2023
Former FTX CEO Sam Bankman-Fried's bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility
FTX Advisors Investigate Recovery of Pre-Collapse Payments to Shaq, Naomi Osaka, and More
9.9.2023
FTX Group advisers are investigating the possibility of reclaiming millions of dollars paid to celebrities, including Shaquille O'Neal and Naomi Osaka, for their endorsements of Sam Bankman-Fried's cryptocurrency platform before its collapse....
Read More: FTX Advisors Investigate Recovery...
Apple secures rights to book on Sam Bankman-Fried for $5M: Report
8.9.2023
The book on the former FTX CEO by ‘Big Short’ author Michael Lewis is scheduled to be released on Oct. 3, the day SBF's criminal trial in New York begins
Former FTX Executive Ryan Salame Will Plead Guilty to Charges: Bloomberg
7.9.2023
FTX Financial Filing Reveals Yacht Purchase for Former Co-CEO Sam Trabucco
3.9.2023
FTX debtors have disclosed a series of financial statements that show top executives used company funds to their own advantage shortly before the cryptocurrency exchange collapsed.
In a recent court filing with the United States Bankruptcy Court for the District of Delaware, FTX debtors shed light...