US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams. Go to Source
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SBF’s lawyers ask court to allow introduction of Anthropic evidence
Sam Bankman-Fried’s lawyers addressed Judge Kaplan in a letter to allow the defense to use evidence of its venture investment into Anthropic back from April 2022. Go to Source
Sam Bankman-Fried’s jets are subject to forfeiture, says prosecution
The U.S. Department of Justice says the two jets purchased by Bankman-Fried via FTX are now property that is subject to forfeiture due to charges brought against SBF. Go to Source
FTX-SBF charges valid despite lack of US crypto laws, DOJ says
Sam Bankman-Fried’s counsel had argued that FTX was not located in the United States, and as SBF did follow regulatory obligations concerning FTX US, charges related to FTX international shouldn’t apply. Go to Source
Sam Bankman-Fried FTX trial — five things you need to know
The long awaited trial of former FTX CEO Sam Bankman-Fried gets underway on Oct. 4 – here’s what you need to know. Go to Source
FTX’s $3.4B crypto liquidation: What it means for crypto markets
Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability. Go to Source
FTX founder’s plea for temporary release should be denied, prosecution says
Sam Bankman-Fried’s renewed request for temporary release from jail prior to his upcoming trial should be denied according to the U.S. government. Go to Source
SBF’s lawyers want to quiz jurors on crypto, altruism and ADHD
U.S. prosecutors, meanwhile, want to ask prospective jurors their beliefs on how cryptocurrency should be regulated. Go to Source
Alex Mashinsky’s assets frozen by US court as part of criminal case
The former Celsius CEO was arrested on July 13 and faces criminal and civil charges stemming from his involvement in the now-defunct platform. Go to Source
SBF releases memorandum asking court to block prosecutor filings
Sam Bankman-Fried files a memorandum asking the court to deny recent requests filed by the Department of Justice calling them “unworkable.” Go to Source
