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SBF’s Lawyer Says FTX Co-founder Was Worst Person Ever Under Cross-Examination + More News
13.12.2023
Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: SBF’s Lawyer Says FTX Co-founder Was Worst Person Ever Under Cross-Examination Bitfinex Analyst: Fed’s Rate Hike Pause May Be Seen...
SBF’s Lawyer Says FTX Founder was the “Worst” Witness he has Ever Seen, “Almost Impossible” to Win: Report
12.12.2023
A Stanford Law professor who worked on the landmark fraud trial of FTX founder Sam Bankman-Fried said he was the “worst person” he had ever seen do a cross-examination and called the odds of winning the case “almost impossible,” according to a new Bloomberg report. Mills roasts SBF Specializing...
SBF Decides Against Filing Post-Trial Motions, Shifts Focus to Appeal
4.12.2023
The lawyers of disgraced FTX founder, Sam Bankman-Fried, have decided to not file any post-trial motions following his fraud conviction on November 2nd, according to a letter filed by his attorneys on December 1st. SBF’s potential appeal “After further consideration, we have decided not to file...
Ian Allison's Giant Sam Bankman-Fried Scoop Won Accolades in 2023
4.12.2023
The CoinDesk reporter belongs in the journalism hall of fame since there's little, if any, precedent for the waves his story on Alameda Research and FTX stirred up
Caroline Ellison Buried Sam Bankman-Fried
4.12.2023
The former Alameda Research CEO gave damning testimony in the fraud trial of her former boyfriend, Sam Bankman-Fried, making her one of CoinDesk's Most Influential in 2023
New Details Emerge about SBF’s Life in Prison
1.12.2023
A former inmate at the Brooklyn Metropolitan Detention Center has revealed details of Bankman-Fried’s life in prison leading up to his landmark fraud trial. SBF “extorted” Talking to crypto content creator, Tiffany Fong, former inmate Gene Borello claimed the FTX founder was at...
IRS Deals Devastating Blow to FTX With $24 Billion Tax Claim, Crypto Exchange Pushes Back
1.12.2023
FTX has challenged the potentially fatal tax claims levied by the IRS last month for $24 billion. Image by Michael O’Keene, Adobe Stock. According to a November 30 filing by FTX debtors, the IRS tax claims of $24 billion filed in early November are “completely unsubstantiated”...
Report: Bankman-Fried Struggles With Extortion Attempts Behind Bars in Brooklyn’s MDC
1.12.2023
Sam Bankman-Fried (SBF), previously a key figure in the crypto sphere, encountered a stark contrast to his past life at the Metropolitan Detention Center (MDC) in Brooklyn. Gene Borrello, a past mob enforcer for the Bonanno crime family, shared insights with journalist Tiffany Fong about the daily...
The end of an era for Binance, troubles for Kraken: Law Decoded
27.11.2023
Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal
Report: Bankman-Fried Trades Mackerel for a Haircut, Shares Dorm With Ex-Honduran President
26.11.2023
Sources close to the situation have revealed that FTX’s founder, Sam Bankman-Fried, is adapting to his new life at the Metropolitan Detention Center in Brooklyn, New York. Insiders indicate that Bankman-Fried is becoming familiar with the prison’s unique economy, having reportedly...
Sam Bankman-Fried Used Mackerel to Pay For a Haircut in Brooklyn Detention Center: WSJ
24.11.2023
With smoking now banned, the age-old practise of paying for certain goods and services with cigarettes has given way to trading preserved fish
Fallen FTX Founder Sam Bankman-Fried Adopts Mackerel as New Currency, Gives Guards Crypto Tips
24.11.2023
Behind bars, Bankman-Fried has adopted mackerel packs as currency and advises guards on crypto amidst his legal turmoil over FTX’s collapse. Image by Fareed Mindalano, DALL-E 3. Sam Bankman-Fried, the disgraced founder of the failed cryptocurrency exchange FTX, has adapted to life behind bars...
Court Upholds Detention of Ex-FTX CEO Sam Bankman-Fried, Deeming Release Arguments ‘Unpersuasive’
24.11.2023
As Sam Bankman-Fried’s legal representatives gear up to appeal the ex-FTX chief’s recent verdict, they have requested the court for his provisional release from the Metropolitan Detention Center in Brooklyn, New York. Upon examination of Bankman-Fried’s claims, a clerk from the court...
It sounds fishy, but SBF really IS trading mackerel in prison: Report
24.11.2023
The former billionaire paid four “macks” for a haircut before his trial while staying at the Brooklyn Metropolitan Detention Center
Appeals court rejects Sam Bankman-Fried’s bid for release
23.11.2023
The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid
CZ, Buterin, Dorsey top crypto social media popularity charts as SBF clings to 10th place
21.11.2023
MicroStrategy co-founder Michael Saylor and Cathie Wood, the founder and CEO of ARK Investment Management, complete the top 5 rankings for most followed crypto entrepreneurs on social media
SBF Granted Post-Trial Extension in New Signed Order
20.11.2023
Source: Adobe / Ascannio Judge Lewis A. Kaplan has granted an extension for the legal team of disgraced FTX founder, Sam Bankman-Fried, to submit their post-trial motions on December 1st, 2023. The defense’s chance to redeem SBF Originally due November 20th, 2023, the defense’s post-trial motions...
Exchange Token FTT’s 200% Spike in 2 Weeks Defies Bankruptcy and Bankman-Fried’s Fraud Conviction Woes
19.11.2023
FTT, the exchange token launched by the now defunct cryptocurrency trading platform FTX, has experienced a significant 200% surge in value over the past two weeks, surpassing the $3 per unit mark. Ranking as the fifth largest exchange coin in terms of market capitalization, FTT stands below...
Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial
16.11.2023
Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX
Sora's First Summit Brought Sam Bankman-Fried to Hong Kong. Now, They've Got Their Eyes on Taipei.
15.11.2023
Jason Fang and Sora Ventures have opened up shop with a marquee office in Taipei 101, and want to revolutionize science with the bitcoin blockchain