Sam Bankman-Fried of FTX has in a latest report been accused of sanctioning Alameda Research’s CEO to commit fraud. According to Caroline Ellison, SBF set up a system to make…
Browsing: Sam Bankman-Fried
Sam Bankman-Fried’s legal team seeks to question FTX co-founder Gary Wang about his reliance on legal advice when agreeing to loans from Alameda Research. Caroline Ellison, an ex-girlfriend and business…
Sam Bankman-Fried of FTX is facing a fraud trial with serious allegations concerning misuse of user assets. Caroline Ellison’s upcoming testimony could be a deciding factor in the case, offering…
An amount of $5.5 million sent from FTX to Stanford University as a donation for pandemic-related prevention and research is set to be returned. FTX’S Sam Bankman-Fried allegedly purchased a…
The US DOJ wants more insight on the Defense-of-Counsel strategy from Sam Bankman-Fried. His legal team sees this as way forward in its current legal mess. The United States Department…
A recent legal action accuses renowned firm Fenwick & West in Silicon Valley of aiding fraudulent actions by FTX exchange and its founder, Sam Bankman-Fried. The lawsuit cites $10B mishandling. …
New Memecoin BALD has rugpulled, days after its launch. Sam Bankman-Fried (SBF) is the prime suspect behind this project. A recent rumor has suggested that embattled billionaire Sam Bankman-Fried (SBF)…
The US DoJ pushed to keep FTX CEO, Sam Bankman-Fried in jail pending his trial period. The embattled FTX founder was accused of unduly influencing witnesses. The United States Department…
The latest report discloses that FTX owes its customers $8.7 billion, and senior executives were aware of and concealed the information. According to the report, $7 billion in liquid assets…
There are ongoing speculations based on settled legal fees that FTX may be restarted. Amidst the restarting clamor, many complications must be navigated across the board. The collapse of FTX…
Jim Cramer, The host of CNBC’s Mad Money, believes that Bitcoin’s recent price surge is the result of continuous market manipulation. Cramer claims that Sam Bankman-Fried is engineering Bitcoin’s price…
According to the filing with the US Securities and Exchange Commission (SEC), SBF purchased a 7.6 percent stake in Robinhood in May 2022. Robinhood has stated that it would try…
Charting a restructuring path for FTX has proven to be a long and complex process, even though John J. Ray, an ex-Enron liquidator, is in charge of the process. The…
FTX attorneys tell the bankruptcy court that the exchange has recovered more than $5 billion worth of liquid assets. The exchange plans to sell $4.6 billion in assets to repay…
SBF pleads not guilty to all criminal charges during the Jan. 3 hearing. The court has scheduled his trial to begin on Oct. 2 even as prosecutors insist that he…
The recent withdrawal of significant projects from the Solana ecosystem has raised concern about the chain’s long-term prospects It is worth noting that Solana had lingering issues before its FTX…
Former FTX CEO Sam Bankman-Fried and ex-FTX CTO Gary Wang took out four loans from Alameda Research totaling $546.4 million to acquire shares in Robinhood Markets Inc. According to the…
According to the latest reports, the Former CEO of the bankrupted FTX empire Sam Bankman-Fried has been released on bail in his recent appearance at the court. Statements from US…
SDNY’s Attorney Damian Williams reveals that FTX co-founder Gary Wang and former Alameda CEO Caroline Ellison plead guilty. The attorney also revealed that SBF is now in FBI custody awaiting…
CFTC states in court-filing against SBF that Ether (ETH) and Bitcoin (BTC) are commodities. The filing brings some clarity to the legal status of ETH which was previously considered a…