Latest update — Former FTX founder Sam Bankman-Fried trial [Day 1]
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Go to Source
Trial
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Sam Bankman-Fried sues insurance company for defense costs as trial opens
SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims. Go to Source
Alex Mashinsky’s jury trial scheduled for September 2024
According to a New York court, the former Celsius CEO will remain free on $40-million bail through the legal proceedings. Go to Source
Sam Bankman-Fried FTX trial — five things you need to know
The long awaited trial of former FTX CEO Sam Bankman-Fried gets underway on Oct. 4 – here’s what you need to know. Go to Source
FTX founder mulled giving Trump $5B not to run for president, says author
“That only shocks you if you don’t know Sam,” says author Michael Lewis regarding the revelation in his new book about Sam Bankman-Fried. Go to Source
FTX founder Sam Bankman-Fried criminal trial schedule revealed
In a hearing, Assistant U.S. Attorney Danielle Kudla said the Department of Justice estimated the case could last four to five weeks. Go to Source
Government objects to ‘unnecessary,’ ‘prejudicial’ SBF jury selection questions
The U.S. attorney sees no reason for potential jurors to discuss effective altruism or ADHD, among other things, before trying SBF. Go to Source
SBF’s lawyers want to quiz jurors on crypto, altruism and ADHD
U.S. prosecutors, meanwhile, want to ask prospective jurors their beliefs on how cryptocurrency should be regulated. Go to Source
Sam Bankman-Fried spends 3rd night in notorious New York prison
The former FTX CEO has swapped his parent’s cozy Stanford home for the Metropolitan Detention Center in Brooklyn, which isn’t known for its comforts. Go to Source
SBF upset by criminal trial’s late evidence while FTX seeks sale of AI stock
Over 3.6 million documents have yet to be produced by prosecutors in the criminal trial of Sam Bankman-Fried, according to his lawyers. Go to Source Powered by WPeMatico
