Cryptocurrency Analysis and News Portal
“We have been in discussions with attorneys for the FTX debtors to recover these gifts and we will be returning the funds in their entirety,” a Stanford University spokesperson said, according to Bloomberg. “Stanford received gifts from the FTX Foundation and FTX-related companies largely for pandemic-related prevention and research.” Source
Read More
Joseph Bankman, the father of former FTX CEO Sam Bankman-Fried (SBF), complained to his son about the salary he was receiving during his employment at FTX US, turning the issue into a family matter.In a Sept. 18 filing in United States Bankruptcy Court for the District of Delaware, FTX debtors
Read More
The delay is the latest in a string of disappointments for Bankman-Fried, who has failed to secure the end of his pre-trial detention since landing in prison in early August. His lawyers have argued their client can’t properly prepare his defense from jail. On the other hand, prosecutors argue he
Read More
“The defense requests numerous open-ended questions about what opinions potential jurors have formed about the case, the defendant, and the defendant’s companies, and asks whether potential jurors can ‘completely ignore’ what they have previously seen,” the letter said. “This is unnecessarily intrusive, and goes beyond the purpose of voir dire.” Source
Read More
Former FTX boss Sam Bankman-Fried will likely remain behind bars while until his Oct. 3 trial commences after a United States District Court judge denied his request for temporary release.Judge Lewis A. Kaplan explained on Sept. 12 that Bankman-Fried's lack of internet access in prison to prepare for his upcoming
Read More
The prosecution and defense both requested a September or October trial date, which the judge granted. While the defense team had a chance to request a postponement of the trial date, which is currently set to begin October 3, no such request was made, the judge added. Original Source
Read More
Former FTX CEO Sam Bankman Fried’s lawyers have requested for a pre-trial release citing a lack of adequate internet connectivity in the federal jail. SBF’s legal team argued that poor internet connection is a hindrance in their defence preparation and leads to a loss of time.The court filing dated Sept.
Read More
Bankman-Fried’s lawyers and the government have fought for weeks now over what the defense claims are subpar conditions in the Metropolitan Detention Center. They claim their client can’t properly prepare for his October trial from jailhouse bars, and therefore needed to be released. That motion is separate from their appeal
Read More
Former FTX CEO Sam Bankman-Fried, also known as SBF, lost an initial appeal to return to being free on bail prior to his criminal trial.In a Sept. 6 filing in the United States Court of Appeals for the Second Circuit, Clerk of the Court Catherine O’Hagan Wolfe said a circuit
Read More
Twice a week, Bankman-Fried has access to an internet-enabled laptop. Defense attorneys had previously raised issues about the battery life and weak internet connection, but Tuesday's letter said the defense team had provided a new battery that "has approximately 8 hours battery life," and the internet speed over the course
Read More