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What is going on with Sam Bankman-Fried’s defense?

October 9, 2023 by DIGIT

Former FTX CEO Sam “SBF” Bankman-Fried has been on trial since Oct. 3, but his legal counsel has yet to present a compelling narrative to support his defense. Go to Source

Categories Court, ftx, Sam Bankman-Fried

Sam Bankman-Fried FTX fraud trial continues: What to expect in the second week

October 9, 2023 by DIGIT

In the second week of his fraud trial Sam Bankman-Fried will face testimonies against him from witnesses including former partner and CEO of Alameda Research, Caroline Ellision. Go to Source

Categories Fraud, ftx, Sam Bankman-Fried, Trial

Sam Bankman-Fried $500M Anthropic stake irrelevant to case, prosecutors say

October 9, 2023 by DIGIT

United States prosecutors argue that the potential for FTX investors to be made whole through the high valuation of Anthropic cannot be presented by Sam Bankman-Fried’s legal team. Go to Source

Categories ai, Anthropic, ftx, investment, Sam Bankman-Fried, startup

Pro XRP Lawyer John Deaton slams Sam Bankman-Fried’s sympathizers

October 8, 2023 by DIGIT

He suggested that such sympathizers should not be considered for interviews with prominent media outlets like 60 Minutes. Go to Source

Categories Cryptocurrency Exchange, Fraud, ftx

Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 4]

October 6, 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

3 reasons why Solana (SOL) price is up this week

October 6, 2023 by DIGIT

Solana price staged a double-digit recovery since September and a portion of the move was caused by improving fundamentals. Go to Source

Categories DApps, ftx, Markets, nft, Polygon, solana, TVL

Sam Bankman-Fried ordered ‘special privileges’ for Alameda account on FTX — Gary Wang

October 6, 2023 by DIGIT

FTX’s former chief technology officer reportedly claimed in court that then CEO Sam Bankman-Fried authorized Alameda Research’s account to trade more funds than it had available. Go to Source

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

FTX deposits went to account controlled by Alameda for months, Yedidia testifies

October 5, 2023 by DIGIT

Yedidia was involved in writing a buggy program to automate FTX customer deposits and withdrawals and was concerned by the size of the Alameda Research liability on the FTX books. Go to Source

Categories Fraud, ftx, Sam Bankman-Fried, Trial

‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial

October 5, 2023 by DIGIT

According to FTX’s former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison. Go to Source

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

Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 3]

October 5, 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
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  • bitcoinBitcoin(BTC)$69,422.00-0.89%
  • ethereumEthereum(ETH)$2,097.662.12%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$653.17-0.46%
  • rippleXRP(XRP)$1.44-1.89%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$88.502.71%
  • tronTRON(TRX)$0.2771521.67%
  • dogecoinDogecoin(DOGE)$0.099069-0.43%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.56%
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  • bitcoinBitcoin(BTC)$69,422.00-0.89%
  • ethereumEthereum(ETH)$2,097.662.12%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$653.17-0.46%
  • rippleXRP(XRP)$1.44-1.89%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$88.502.71%
  • tronTRON(TRX)$0.2771521.67%
  • dogecoinDogecoin(DOGE)$0.099069-0.43%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.56%