Opening arguments begin in Sam Bankman-Fried trial
“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
Crimes
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US Treasury sanctions crypto wallets as authorities crack down on fentanyl
According to Deputy Treasury Secretary Wally Adeyemo, the sanctioned wallets “received millions of USD funds over hundreds of deposits” used for illicit drugs. Go to Source
FTX execs who pleaded guilty among names of potential witnesses in Sam Bankman-Fried’s criminal case
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
Alex Mashinsky’s jury trial scheduled for September 2024
According to a New York court, the former Celsius CEO will remain free on $40-million bail through the legal proceedings. Go to Source
Book describes Sam Bankman-Fried with little attention span or respect for appointments
The former FTX CEO was reportedly invited by Vogue editor-in-chief Anna Wintour to be her special guest at the Met Gala, only to cancel at the last minute. Go to Source
Judge denies final pre-trial request from Sam Bankman-Fried for temporary release
The federal judge overseeing Sam Bankman-Fried’s fraud case reportedly suggested the former FTX CEO might be a flight risk, given his young age and potential prison time. Go to Source
Sam Bankman-Fried will likely appear in a suit and tie at trial
The former FTX CEO will have access to 3 full suits, 4 dress shirts, 3 ties, 1 belt, 4 pairs of socks, and 2 pairs of shoes — no hoodies were requested. Go to Source
US Treasury sanctions Ethereum wallet tied to cartel over ‘illicit fentanyl trafficking’
An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the United States. Go to Source
Judge grants DoJ motions barring testimony of Sam Bankman-Fried’s witnesses
Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government. Go to Source
Judges deny Sam Bankman-Fried’s appeal for early release
Three judges with the 2nd U.S. Circuit Court of Appeals in New York have denied requests from Sam Bankman-Fried’s lawyers for early release from jail. Go to Source