Thursday, March 28, 2024
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Sam Bankman-Fried Blogs Like a Robin Hood, but in Court He’s Not So Charitable

That’s legitimate, Bankman-Fried argued; the Substack post said he “didn’t steal funds.” Alameda’s ex-CEO Caroline Ellison has, however, pleaded guilty to charges including commodities fraud, which includes the allegation that she misappropriated FTX customer funds to satisfy Alameda’s souring loans. Source

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Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready – Regulation Bitcoin News

Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his cryptocurrency exchange. Bankman-Fried says he will testify when he has finished “learning and reviewing what happened.” Bankman-Fried Responds to Rep. Waters’

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SEC Enforcement Remains Focused on Crypto — Chair Gensler Says He’s ‘Impressed’ With Enforcement Results – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) says its Enforcement Division “remains focused on the rapidly evolving crypto asset securities space.” The securities regulator filed 760 enforcement actions in total this fiscal year. SEC Chairman Gary Gensler commented: “I continue to be impressed with our Division of Enforcement.” SEC Focused on

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