Results for "ftx"

Caroline Ellison, along with former FTX CTO Gary Wang, pleaded guilty in December. Since then, they have been working with the U.S. attorney’s office in Manhattan.

Gary Wang told prosecutors that Alameda Research withdrew more value from FTX than the exchange made from fees, owing $20 billion once, while Judge Kaplan reprimanded defense attorneys for repetitive questioning on SBF’s trial day 4.

Ex-FTX founder Sam Bankman-Fried’s trial reached its third day on Oct. 5 in New York, where the prosecutor questioned Adam Yedidia

Adam Yedidia, Sam Bankman-Fried’s MIT buddy and former FTX developer, resumed his testimony under immunity on Oct. 5 in SBF’s trial

Sam Bankman-Fried’s trial has entered its third day, as the FTX founder is facing seven different charges of wire fraud and money laundering. After jury selection ended on day 2, both sides geared up with key witnesses to present their case. 

The recent surge in Anthropic’s valuation, following a new funding round, could spell financial recovery for FTX creditors.

Alameda Research used a secret backdoor in FTX to withdraw billions of dollars of customer funds, and some of the exchange’s employees were aware

A retired banker, a pediatric nurse, and a special education teacher are among the jurors in FTX co-founder SBF’s multibillion-dollar fraud trial

Federal prosecutors and defense attorneys shared opening statements on day 2 of SBF’s criminal trial in lower Manhattan, New York

FTX founder Sam Bankman-Fried’s criminal trial for fraud resumed at 10 a.m. Eastern as Federal Judge Lewis A. Kaplan moved to conclude jury selection and hear opening statements from attorneys on both sides.

Binance CEO Changpeng “CZ” Zhao declined to pay former FTX CEO Sam Bankman-Fried $40 million in March 2019 to create a crypto futures exchange, according to Michael Lewis’ book “Going Infinite.”

The United States Department of Justice (DOJ) says the lack of crypto rules in the U.S. doesn’t affect charges against ex-FTX CEO Sam Bankman-Fried (SBF)

Follow us for updates of Sam Bankman-Fried’s historic trial, as the former FTX CEO is set to be tried on seven different charges of wire fraud and money laundering.

The United States Securities and Exchange Commission has filed a lawsuit against the accounting firm Prager Metis for allegedly violating auditor independence rules in relation to its work for cryptocurrency exchange FTX.

Michael Lewis, the author of “The Big Short,” says the disgraced crypto entrepreneur was exploring the legality of such a move.

The attacker now reportedly controls a staggering 180,735 ETH across 13 addresses, totaling an approximate value of $302.5 million.

In 2022, FTX crypto exchange filed for bankruptcy, sending shockwaves through the crypto community. Legal actions against its former management have persisted. Nearly a year later, founder Sam Bankman-Fried faces an impending trial.

During a Sep. 27 hearing, policymakers hammered Gary Gensler and SEC over a number of issues, including FTX and perceived over-regulation