Alameda wallets funnel over $1.7M via crypto mixers overnight
Data negates the possibility of liquidators behind the fund transfers due to the use of mixing tools and extensive planning to hide transaction paths. Go to Source Powered by WPeMatico
Sam Bankman-Fried
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FTX Co-Founder Faces ‘No-Nonsense’ Judge Next Week, Report Says SBF ‘Expected to Enter a Plea’ in Fraud Case
According to court documents, Sam Bankman-Fried (SBF) is set to be arraigned by the federal court in the Southern District of New York (SDNY) on Jan. 3, 2023. The disgraced FTX co-founder plans to enter a plea in his fraud case in front of U.S. judge Lewis Kaplan in Manhattan, according to a report published … Read more
Bankman-Fried may enter plea in NY federal court next week before Judge Lewis Kaplan
Bankman-Fried has claimed repeatedly that he does not consider himself to have criminal liability in the collapse of FTX, but his colleagues have already pleaded guilty. Go to Source Powered by WPeMatico
Onchain Sleuths Discover Funds Linked to Alameda Swapped for ETH, USDT, BTC by a Mysterious Entity
On Dec. 27, 2022, a number of onchain researchers noticed that funds connected to Alameda Research and FTX have moved and have been swapped for other tokens. Reports show the hacker known as the ‘FTX Accounts Drainer,’ traded large sums of ERC20 tokens for digital assets like tether, ethereum, and bitcoin. Funds Tied to Sam … Read more
FTX customers file class-action lawsuit to get priority reparations
Customer class members don’t want to stand in line along the creditors of a failed crypto platform. Go to Source Powered by WPeMatico
Alameda wallets become active days after SBF bail, community mulls foul play
The recent movement of funds from Alameda wallets just days after Sam Bankman Fried was released on bail raised many eyebrows about the timing. Go to Source Powered by WPeMatico
SBF borrowed $546M from Alameda to fund Robinhood share purchase
An affidavit by the FTX founder revealed Alameda funded the purchase of Robinhood shares which were later used as collateral for Alameda to secure a loan from BlockFi. Go to Source Powered by WPeMatico
Community slams NYT for its latest ‘sympathy piece’ on FTX’s Bankman-Fried
The article bizarrely contrasts the alleged fraud carried out by Sam Bankman-Fried against gang violence on the Bahamian island of New Providence. Go to Source Powered by WPeMatico
SBF gets prison advice: Shave head, deepen voice and listen to rap
Martin Shkreli outlined that “Sam isn’t exactly gonna be somebody that fits into prison” and that he needs to rebrand himself to fit in and make friends. Go to Source Powered by WPeMatico
Krampus is coming to the crypto space this holiday season
Not even major exchanges collapsing can deter crypto users from believing in the space year after year. Go to Source Powered by WPeMatico