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Sam Bankman-Fried ordered ‘special privileges’ for Alameda account on FTX — Gary Wang

October 6, 2023 by DIGIT

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. Go to Source

Categories Court, Crimes, ftx, Law, Regulation, Sam Bankman-Fried

‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial

October 5, 2023 by DIGIT

According to FTX’s former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison. Go to Source

Categories Court, Crimes, ftx, Law, Regulation, Sam Bankman-Fried

College roommate talked to Sam Bankman-Fried about FTX’s $8B hole on a paddle tennis court: Trial

October 5, 2023 by DIGIT

Adam Yedidia, a former developer at FTX, testified regarding his knowledge of the crypto exchange’s use of funds, claiming “Alameda had used customer deposits to pay its loans”. Go to Source

Categories Court, Crimes, ftx, Law, Regulation, Sam Bankman-Fried

Cocoa broker testifies to Bitcoin holdings on FTX in Sam Bankman-Fried trial

October 4, 2023 by DIGIT

London-based cocoa broker Marc-Antoine Julliard responded to questions from prosecutors on crypto he held on FTX in November 2022. Go to Source

Categories Court, Crimes, ftx, Law, Regulation, Sam Bankman-Fried

Opening arguments begin in Sam Bankman-Fried trial

October 4, 2023 by DIGIT

“His girlfriend will tell you how they stole money together,” said Assistant U.S. Attorney Thane Rehn in an opening statement about the former FTX CEO. Go to Source

Categories Court, Crimes, Law, Regulation, Sam Bankman-Fried

5 highlights of Sam Bankman-Fried’s first day of trial

October 4, 2023 by DIGIT

Potential jurors shared their mostly negative interactions with crypto investing, while a slim-figured former FTX CEO sat flanked by attorneys, noticeably void of his signature curly locks. Go to Source

Categories Court, jury, Lewis Kaplan, Sam Bankman-Fried, SBF, Trial

SEC asks judge to reject Coinbase’s motion to dismiss lawsuit

October 4, 2023 by DIGIT

The regulator has asked a federal judge to deny Coinbase’s motion to dismiss its lawsuit, claiming the exchange knew the cryptocurrencies it sold were securities under the Howey test. Go to Source

Categories Coinbase, Court, Lawsuit, SEC, securities laws, suit, United States, US

FTX execs who pleaded guilty among names of potential witnesses in Sam Bankman-Fried’s criminal case

October 3, 2023 by DIGIT

According to reports from the courthouse, Assistant U.S. Attorney Danielle Sassoon named Caroline Ellison, Gary Wang, and Nishad Singh among those who may offer testimony. Go to Source

Categories Court, Crimes, ftx, Regulation, Sam Bankman-Fried

Alex Mashinsky’s jury trial scheduled for September 2024

October 3, 2023 by DIGIT

According to a New York court, the former Celsius CEO will remain free on $40-million bail through the legal proceedings. Go to Source

Categories Alex Mashinsky, celsius, Court, Crimes, Regulation, Trial, United States

As trial begins, Sam Bankman-Fried’s lawyers push to exclude testimony from FTX users

October 3, 2023 by DIGIT

Sam Bankman-Fried’s legal team has requested the court block certain witnesses offering testimony on how they thought FTX would protect their assets. Go to Source

Categories Court, ftx, Law, Regulation, Sam Bankman-Fried
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  • bitcoinBitcoin(BTC)$64,833.00-3.87%
  • ethereumEthereum(ETH)$1,861.74-4.40%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$1.36-2.19%
  • binancecoinBNB(BNB)$598.50-2.50%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$78.23-5.32%
  • tronTRON(TRX)$0.281663-2.85%
  • dogecoinDogecoin(DOGE)$0.093082-2.36%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.49%