Bookmarking Crypto Insights
Auto Added by WPeMatico
On Tuesday, Sept. 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison after admitting to her involvement in several crimes. The courtroom banned cameras, video, and phone recordings during the sentencing. Even though the judge commended her in court, saying, “I’ve seen a lot of cooperators in … Read more
The court and jury could have misunderstood Sam Bankman-Fried’s behavior during his criminal trial due to his autism and attention deficit disorders, doctors wrote in a recent amicus brief. Go to Source
Serotonin CEO Amanda Cassatt pointed out that marketing is “a mechanism for perpetrating the fakery and the scams.” Go to Source
The former Alameda Research CEO’s lawyers have requested time served, and prosecutors seemed flattering in their sentencing memo, but what will Judge Lewis Kaplan say on Sept. 24? Go to Source
Tether’s market share surpassed 75% of the entire stablecoin market, fueling concerns over the stablecoin giant’s influencer over the crypto industry. Go to Source
The parent company of Silvergate Bank has listed assets ranging from $100 million to $500 million and liabilities between $10 million and $50 million. Go to Source
Michelle Bond was free on a $1 million bond and restricted from traveling outside the continental US, while her partner Ryan Salame is expected to report to prison on Oct. 11. Go to Source
Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys. Go to Source
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising questions about the firm’s practices and the risks it missed. “Prager’s … Read more
The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards. Go to Source