Search
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...
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
Prosecutors Seek to Block SBF from Presenting Current Value of FTX's Anthropic Investment During Trial
9.10.2023
Prosecutors in the ongoing Sam Bankman-Fried’s trial have requested the judge to prevent the defendant from presenting the current value of FTX’s $500 million investment in Anthropic, a startup artificial intelligence company.
The government alleges that SBF used funds stolen from FTX customers...
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...
Billion with a B: FTX Co-founder Gary Wang Reveals the Extent of The Alleged Fraud
7.10.2023
The trial of former crypto golden boy Samuel Bankman-Fried continued Friday, October 6th in Manhattan Federal Court with FTX co-founder Gary Wang continuing his long-awaited testimony.
In it, Wang claimed Alameda Research was given “special privileges,” including a line of credit on FTX’s crypto...
What Happened During Sam Bankman-Fried's First Week in Court?
6.10.2023
3 reasons why Solana (SOL) price is up this week
6.10.2023
Solana price staged a double-digit recovery since September and a portion of the move was caused by improving fundamentals
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
Thorswap Halts Operations Amidst FTX Hacker’s Fund Movement; RUNE Drops 8.6%
6.10.2023
The decentralized exchange (dex) Thorswap has paused operations after a series of funds stemming from the FTX hacker was sent to the dex protocol. Thorswap took to social media and said that the team “stands firmly against any and all criminal actions.” Thorswap Pauses Amidst FTX Hack...
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
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...
No Longer Bulletproof: Former FTX Employee Gives Damning Testimony against Sam Bankman-Fried
6.10.2023
Sam Bankman-Fried's response to a trusted colleague about its burgeoning debt pile was, allegedly, "we're not bulletproof this year," in the latest revelations from the FTX court case.
Adam Yedidia, a former software developer for FTX and prior roommate of the disgraced “King of Crypto,” gave...