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Former FTX engineering director faces up to 75 years in prison following guilty plea

October 16, 2023 by DIGIT

Nishad Singh’s testimony was seemingly part of prosecutors’ strategy to establish Sam Bankman-Fried had been behind Alameda Research using FTX user funds. Go to Source

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

SBF and Caroline Ellison conspired to keep Bitcoin under $20K, but did it work?

October 16, 2023 by DIGIT

SBF, Caroline Ellision, Alameda and FTX may have conspired to keep Bitcoin price below $20,000, but is it actually possible and worth the effort? Go to Source

Categories Caroline, ftx, Manipulation, Markets, SBF, Short

The explosive revelations of Caroline Ellison: Law Decoded

October 16, 2023 by DIGIT

SBF’s former girlfriend admits to fraud during her time as CEO of Alameda Research. Go to Source

Categories Court, ESMA, Europe, European Union, ftx, IRS, Malaysia, Sam Bankman-Fried, SEC

Nishad Singh testifies on Sam Bankman-Fried’s ‘excessive’ investments through Alameda

October 16, 2023 by DIGIT

The former FTX engineering director reportedly testified that SBF would “unilaterally spend Alameda’s money” and was “ultimately” in charge of the firm rather than Caroline Ellison. Go to Source

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

Sam Bankman-Fried requests long-acting Adderall to focus during trial

October 16, 2023 by DIGIT

Lawyers for the FTX founder have asked if he can take long-release ADHD medication as he’s been unable to properly concentrate during his trial. Go to Source

Categories adderall, Court, Criminal, ftx, Sam Bankman-Fried, SBF, SDNY, Trial

Caroline Ellison desired to step down but feared a bank run on FTX

October 13, 2023 by DIGIT

Former Alameda CEO Caroline Ellison recognized she wasn’t doing a good job months before the company filed for bankruptcy, but Sam Bankman-Fried persuaded her to stay. Go to Source

Categories Bankruptcy, ftx, Sam Bankman-Fried

Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 8]

October 13, 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

Sam Bankman-Fried’s legal team moves to pursue theory on FTX terms of service

October 13, 2023 by DIGIT

Lawyers petitioned the court to allow them to question witnesses for the prosecution based on FTX’s terms of service, as well as preclude testimony from “lay fact witnesses”. Go to Source

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

THORswap back online 6 days after halt over detecting FTX funds

October 13, 2023 by DIGIT

According to blockchain analytics firm Elliptic, the anonymous FTX exploiter has used THORSwap to convert ETH to BTC, which is traceable on-chain. Go to Source

Categories decentralized exchange, ftx, THORChain

Caroline Ellison: Secret recording offers trove of explosive revelations

October 13, 2023 by DIGIT

Among many critical revelations about Alameda and FTX’s relationship, Caroline Ellison confirmed that Alameda always had access to customers’ funds at FTX. Go to Source

Categories Cryptocurrencies, Cryptocurrency Exchange, ftx, Sam Bankman-Fried
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  • bitcoinBitcoin(BTC)$69,037.003.14%
  • ethereumEthereum(ETH)$2,040.965.32%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$637.98-0.35%
  • rippleXRP(XRP)$1.421.21%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.204.80%
  • tronTRON(TRX)$0.2750052.37%
  • dogecoinDogecoin(DOGE)$0.0966203.32%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.30%
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  • bitcoinBitcoin(BTC)$69,037.003.14%
  • ethereumEthereum(ETH)$2,040.965.32%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$637.98-0.35%
  • rippleXRP(XRP)$1.421.21%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.204.80%
  • tronTRON(TRX)$0.2750052.37%
  • dogecoinDogecoin(DOGE)$0.0966203.32%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.30%