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‘He lied to get customers’ trust’: Prosecution makes closing argument against SBF

November 2, 2023 by DIGIT

“He knew what he was doing was wrong; that’s why he never hired a risk officer,” U.S. Assistant Attorney Danielle Sassoon said. Go to Source

Categories ftx, Sam Bankman-Fried, Trial

Sam Bankman-Fried “doubled down” by buying Binance’s stake in FTX — U.S. prosecutors

November 1, 2023 by DIGIT

The prosecution is delivering its closing arguments at the Southern District Court of New York, where Sam Bankman-Fried’s trial has been taking place since Oct. 3. Go to Source

Categories ftx, Sam Bankman-Fried, United States

Sam Bankman-Fried trial [Day 16] — latest update: Live coverage

November 1, 2023 by DIGIT

The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Go to Source

Categories Cryptocurrency Exchange, Fraud, ftx, FTX Token, Sam Bankman-Fried, Trial

“That’s fraud,” prosecutors say in closing arguments at SBF trial

November 1, 2023 by DIGIT

The U.S. government delivers its closing arguments in New York to convince the jury that Sam Bankman-Fried is guilty of fraud and conspiracy to commit fraud. Go to Source

Categories ftx, Sam Bankman-Fried, United States

FTX and Alameda Research wallets send $13.1M in crypto to exchanges overnight

November 1, 2023 by DIGIT

A court-ordered liquidation process allows FTX to sell nearly $3.4 billion worth of crypto assets in weekly batches starting from $50 million a week. Go to Source

Categories Binance, Coinbase, Cryptocurrencies, ftx

Bitcoin futures data highlight investors’ bullish view, but there’s a catch

October 31, 2023 by DIGIT

The stars are lining up for Bitcoin price, but a few major price threats remain in play. Go to Source

Categories bonds, CME, debt, ftx, futures, GBTC, Markets, premium, Yellen

Sam Bankman-Fried trial [Day 15] — latest update: Live coverage

October 31, 2023 by DIGIT

The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Go to Source

Categories Cryptocurrency Exchange, Fraud, ftx, FTX Token, Sam Bankman-Fried, Trial

SBF criminal trial moves to closing arguments

October 31, 2023 by DIGIT

Bankman-Fried pleaded not guilty to all seven counts of fraud charges related to the collapse of crypto exchange FTX. Go to Source

Categories Cryptocurrencies, ftx, SBF

SBF says spending FTX customers’ money was part of ‘risk management’: Report

October 31, 2023 by DIGIT

At the time of bankruptcy, FTX faced a shortfall of $8 billion owing to its customers. Go to Source

Categories Alameda, Cryptocurrencies, ftx

Sam Bankman-Fried lawyers pitch for changes to judge’s jury instruction

October 31, 2023 by DIGIT

SBF attorneys have made several requests over the course of the past few months ranging from requests for early bail before trial to vegan food and prescription drugs. Go to Source

Categories Fraud, ftx, Sam Bankman-Fried
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$70,990.008.38%
  • ethereumEthereum(ETH)$2,095.409.18%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$657.574.56%
  • rippleXRP(XRP)$1.4612.81%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$88.2211.90%
  • tronTRON(TRX)$0.2756561.92%
  • dogecoinDogecoin(DOGE)$0.0985287.91%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.25%
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  • bitcoinBitcoin(BTC)$70,990.008.38%
  • ethereumEthereum(ETH)$2,095.409.18%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$657.574.56%
  • rippleXRP(XRP)$1.4612.81%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$88.2211.90%
  • tronTRON(TRX)$0.2756561.92%
  • dogecoinDogecoin(DOGE)$0.0985287.91%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.25%