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After more attention has been cast on the former Alameda Research CEO Caroline Ellison, a report details that Ellison has hired Wilmerhale partner Stephanie Avakian, an attorney that worked for the U.S. Securities and Exchange Commission (SEC). The news follows leaked documentation of Ellison’s alleged margin position, and the ex-Alameda executive reportedly being spotted at … Read more
Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13. Go to Source Powered by WPeMatico
The former CEO previously missed the deadline to confirm his appearance before the Senate Banking Committee, despite the threat of a subpoena. Go to Source Powered by WPeMatico
Senator Tester is one of many Democratic senators slamming crypto of late, arguing that as the sector is backed by nothing, and provides nothing, thus there’s “no reason” why it should exist. Go to Source Powered by WPeMatico
With FTX creditors numbering over one million and owed up to $50 billion, FTX’s old CEO said he’s interested in starting a business to repay them all. Go to Source Powered by WPeMatico
According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablecoins.” Purportedly, high-up executives from crypto exchanges are members of a Signal chat group called “Exchange coordination,” and Binance CEO Changpeng Zhao (CZ) ostensibly told SBF to … Read more
Ex-Alameda Research head will be represented by Stephanie Avakian and a team of attorneys from WilmerHale. Go to Source Powered by WPeMatico
Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redacted information tied to FTX creditors unsealed. The media companies believe the public should be made aware of the creditors’ information, as the publications … Read more
It’s been another wild week in crypto, with a claimed FTX insider revealing a controversial document related to former Alameda Research CEO Caroline Ellison’s account at FTX. In related news, Elon Musk has been criticized for suggesting that former FTX CEO Sam Bankman-Fried (SBF) probably donated much more than publicly admitted to Democrats. Morgan Creek … Read more
Joseph Bankman and Barbara Fried have started facing professional consequences for their child Sam Bankman-Fried’s illegal actions. Go to Source Powered by WPeMatico