Results for "ftx"

Nishad Singh, former Alameda and FTX chief developer testified to $1.3 billion of customer funds invested in building Sam Bankman-Fried’s social capital and public image. 

The FTX bankruptcy estate recently staked approximately $122 million in SOL tokens and around $5 million in ETH.

Sam Bankman-Fried is currently on trial in New York City. Former FTX employees and executives are testifying, with Bankman-Fried’s own statements in tweets being presented as evidence.

The second week of Sam Bankman-Fried’s criminal trial concluded with BlockFi CEO blaming FTX and Alameda for its bankruptcy. 

The second week of Sam Bankman-Fried’s criminal trial for fraud concluded with witness testimony from Zac Prince, whose crypto lending firm BlockFi loaned $1.1 billion to Alameda before FTX’s collapse.

Blockchain analytics firm Elliptic has released new findings that suggest a Russian-linked entity may be behind the high-profile hack of cryptocurrency exchange FTX. The revelation comes as part of an ongoing investigation into the theft of a staggering $477 million…

Defense attorney Mark Cohen cross-examined former Alameda Research CEO Caroline Ellison after the witness said Sam Bankman-Fried cajoled her into making misleading social media statements and ordered loan repayments funded with stolen customer crypto.

Sam Bankman-Fried’s trial enters into its seventh day, with witnesses testifying Alameda and FTX’s mishaps led to an industry-wide cascading effect.

Following the court’s decision, Genesis debtors have gained authorization to execute the settlement agreement, which entails the payment of $175 million to FTX.

Former Alameda Research employee Aditya Baradwaj provided an inside look at the lack of risk management policies and procedures at cryptocurrency exchange FTX and trading firm Alameda Research.

On day 6 of Sam Bankman-Fried’s trial, Caroline Ellison revealed how the defendant forged several balance sheets to defraud lenders and bribed Chinese officials.

Caroline Ellison, on day six of United States v Bankman-Fried, testified that FTX’s founder continued to lie to the public while liquidity and assets dried up behind the scenes.

Week 2 of Sam Bankman-Fried’s trial in New York continued after premiere witness accounts from SBF’s inner circle as federal prosecutors pointed the jury to alleged fraudulent schemes masterminded by the FTX founder himself.

Bankman-Fried’s girlfriend and Alameda’s ex-CEO took the stand on the second week of the trial, revealing that SBF used customer funds for political lobbying.

Kumanan Ramanathan who worked for a legal firm consulting for Sam Bankman-Fried’s crypto exchange was able to safeguard up to $500 million of customer funds on the day hackers attacked FTX.

Prosecutors have called for excluding details concerning Anthropic’s recent fundraising activities in the ongoing trial of FTX founder Sam Bankman-Fried. The DOJ and the defense have agreed on several issues that may be raised during witness testimony. However, they remain…

Caroline Ellison was CEO at FTX’s sister firm, Alameda Research, as well as Sam Bankman-Fried’s ex-girlfriend. The 28-year-old is expected to take the stand after FTX co-founder Gary Wang.

According to reports, the FTX attacker had previously preferred THORSwap, but it entered maintenance mode on Oct. 6 in order to stop any additional potential illegal activities.