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The answer is quite a lot. In the first day of what’s sure to be a lengthy testimony, Caroline gave the jury a methodical tour of the crypto loans that felled Alameda, FTX and the exchange’s customers, investors and lenders. By her account, it was all about appearances. She discussed
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Sam Bankman-Fried’s lawyers made a third attempt to secure his temporary release from prison, but a New York court denied their request just days before his trial begins in October. District Court Judge Lewis Kaplan ruled that Bankman-Fried must stay at the Brooklyn Metropolitan Detention Center (MDC) since his defense
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During a Sep. 27 hearing, policymakers hammered Gary Gensler over the Security and Exchange Commission’s (SEC) non-compliance with requests for documents including records related to bankrupt crypto exchange FTX and its founder Sam Bankman-Fried. Rep. Patrick McHenry voiced skepticism regarding Gensler’s commitment to remedying bipartisan legislative concerns and protecting investors, noting
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The launch of generative AI products over the past nine months has the world talking about how it will change the future. Many are frightened. Others are excited about the opportunity. A report last month from Next Move Strategy
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While information today can be easily transferred over the internet via email or text, global payments have remained in the “fax era,” according to the former president of PayPal. In a Sept. 11 interview with CNBC, David Marcus, the former PayPal executive and co-founder of Bitcoin Lightning-focused payment service Lightspark said he
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Former FTX CEO, Sam Bankman-Fried, is set to face trial in October, with his defense team preparing to spotlight the role of previous legal counsel in key decisions made during his tenure. Sam Bankman-Fried, the former CEO
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The United States Department of Justice (DoJ) has asked for Sam Bankman-Fried, the former CEO of FTX, a now-defunct exchange, to be detained. The request was made in a letter addressed to Judge Lewis A. Kaplan of the United
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Unnamed sources now claim Taylor Swift, a well-known singer, was inclined to strike a deal with FTX, a now-defunct cryptocurrency exchange. The partnership, sources reveal, could have generated up to $100 million in revenue. However, FTX’s
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On June 16, the Ripple CEO, Brad Garlinghouse, recently released a video on Twitter. Therein, he said, upon perusing Dr. Hinman’s emails, which were made public by the United States Securities and Exchange Commission (SEC)
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At the time Gensler was offered to be an advisor to Binance, he was teaching at Massachusetts Institute of Technology’s Sloan School of Management. According to the lawyers of Binance and its CEO Changpeng Zhao, SEC chair Gary Gensler was offered to be an advisor to Binance’s parent company in 2019.
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