Sam Bankman-Fried thought ‘taking FTX deposits through Alameda was legal’: Report
The former FTX CEO took the stand for the first time in his criminal trial, but without members of the jury present. Go to Source
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Prosecutors rest their case as Sam Bankman-Fried prepares to testify
Defense lawyers representing SBF called two witnesses, a Bahamas-based attorney and an expert from a litigation consulting firm, before the former FTX CEO’s testimony. Go to Source
Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge
The testimony will challenge the government‘s claims, especially the counsel’s role in auto-deletion, North Dimension creation, Payment Agent Agreement, Alameda loans, and FTX Terms of Service. Go to Source
Sam Bankman-Fried has no way to ‘out-fox’ prosecutors: Scaramucci
SBF taking the stand in his criminal trial is “a very bad move” as the FTX co-founder will be “skinned alive” by prosecutors, says Anthony Scaramucci. Go to Source
FTX probes $6.5M in payments to AI safety group amid clawback crusade
Bankrupt crypto exchange FTX wants to look into millions it had given to the Center for AI Safety, a nonprofit that has argued AI should be a global priority next to pandemics and nuclear war. Go to Source
FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours
According to Spot On Chain data, the firms sent $10 million worth of crypto to a single wallet address, which then deposited the funds to Binance and Coinbase. Go to Source
Will Sam Bankman-Fried fix his case when he takes the stand?
The former FTX CEO will take the stand in his own defense. Will it be enough to counter the narrative introduced by former employees and expert witnesses? Go to Source
Sam Bankman-Fried will testify at criminal trial, say defense lawyers
After much speculation, the former FTX CEO will be one of only a handful of witnesses to testify for his defense in the criminal fraud case. Go to Source
FTX navigates post-bankruptcy options, weighs sale or revival
These options reportedly encompass selling the entire exchange, including its extensive customer base of over 9 million, to the potential of forming a partnership with another entity to revive the platform. Go to Source
BlockFi emerges from bankruptcy and opens wallet withdrawals
BlockFi announced that it is allowing both U.S. and international users to submit withdrawal requests. Go to Source
