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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. The second week of FTX founder Sam Bankman-Fried’s continues, as former Alameda CEO Caroline Ellison testifies how SBF directed her to forge several balance sheets and
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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. Day 4 of SBF’s trial ended a few minutes ahead of schedule, but not before Gary Wang
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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. The second week of FTX founder Sam Bankman-Fried’s trial kicked off at 10 a.m. New York time today, as the defendant’s ex-girlfriend and former Alameda CEO,
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Cardano founder Charles Hoskinson has likened former FTX CEO Sam “SBF” Bankman-Fried to infamous American fraudster Bernie Madoff and accused the media of giving the former FTX CEO a “free pass.”Bernard Lawrence Madoff was the mastermind behind the largest known Ponzi scam in history, estimated to be worth $64.8 billion. At
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Ex-FTX founder Sam Bankman-Fried’s criminal trial entered its third day on Oct. 5, with proceedings resuming at 10 a.m. in New York. During this session, the prosecutor continued to question the second witness, Adam Yedidia. Yedidia is a close college friend of Sam Bankman-Fried (SBF). They both went to MIT together,
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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. Senior District Judge Lewis A. Kaplan is presiding over the
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FTX founder Sam Bankman-Fried’s criminal trial for fraud resumed at 10 a.m. New York time, as Federal Judge Lewis A. Kaplan moved to conclude jury selection and hear opening statements from attorneys on both sides. Senior District Judge Lewis A. Kaplan is presiding over the case, and Assistant U.S. Attorney Nicolas
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Sam Bankman-Fried’s historic trial has started today in New York City, as the former FTX CEO is set to be tried on seven different charges of wire fraud and money laundering. The historic trial of Sam Bankman-Fried, the founder of a crypto exchange FTX, has started today with jury selection.
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The founder of one of the largest darknet platforms, Silk Road, Ross Ulbricht, has spent 10 years behind bars. On Monday, Oct. 2, Ulbricht published a post in which he shared that today marks his tenth year in prison. He now fears he will spend the rest of his life “behind
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The defense wants clarity about whether it can argue that FTX, a big crypto exchange that collapsed last year, was not regulated in the U.S., though FTX.US did follow applicable rules, according to a Monday filing. Other questions include whether Bankman-Fried would be able to discuss the possibility that FTX
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