Sam Bankman-Fried’s Defunct Exchange FTX Receives Multiple Bids for Restart
Options also include a sale of the exchange, which boasted 9 million users before going bankrupt. Source
Read More
Sam
Sam Bankman-Fried Defense Has 6 Witnesses to Open With: DOJ
The court had previously agreed to let the defense start after lunch on Thursday, when the DOJ expected to call two or three witnesses, including an FTX customer and investor. The defense has proposed six witnesses to start its case, the filing said. The DOJ filing did not name any
Read More
The Sam Bankman-Fried Trial: One Expert Witness
The defense team has revealed its sole proposed expert witness, who’ll try to point out flaws in the DOJ’s presentations. Source
Read More
Sam Bankman-Fried seeks expert to counter testimony from DOJ witnesses
Sam Bankman-Fried’s lawyers are planning to put forward an expert witness to counter testimony from former Alameda Research CEO Caroline Ellison and other witnesses about the extent of financial ties between FTX and the trading firm.In an Oct. 23 letter to New York District Judge Lewis Kaplan, Bankman-Fried’s attorneys said
Read More
Sam Bankman-Fried Proposes Financial Expert as Witness to Rebut DOJ Testimony
Sam Bankman-Fried Proposes Financial Expert as Witness to Rebut DOJ Testimony Original Source
Read More
FTX Creditors’ Lawyers Promote Deal Giving Investors 90% of What’s Left in Sam Bankman-Fried Empire
But the bankruptcy negotiation was always aimed toward a settlement, because it gets money into people's hands much more quickly, Paul explained. The lawyers have until Dec. 1 to get a 75% approval rate from the 60 individuals and entities in their group and with any investors who sign up
Read More
The Sam Bankman-Fried Trial: It’s the Courthouse Life for Us
To get a courtroom seat, you gotta show up early: at least 7:30 a.m. The overflow room is more relaxed, but there’s no Sam, just his televised image. Source
Read More
Sam Bankman-Fried trial moves to final stages
Sam Bankman-Fried’s trial is reaching its final stages over the next few days, with the prosecution scheduled to rest their case on Oct. 26 following the examination of almost 20 testimonies in the case.The prosecution presented a lineup of witnesses over the past three weeks, including former FTX employees, customers,
Read More
Sam Bankman-Fried lived lush lifestyle prior to FTX downfall
FTX founder Sam Bankman-Fried Fresh continued to live an extravagant life while his trading firm, Alameda Research, was facing severe financial challenges, court documents reveal. FTX’s intricate web of spending and suspicion Bankman-Fried was living the high life thanks to billions of dollars worth of customer funds from FTX, prosecutors allege in
Read More
Sam Bankman-Fried asked FTX attorney to ‘come up’ with legal argument for $8B hole
Sam Bankman-Fried instructed FTX's former general counsel Can Sun to "come up" with any legal explanation for the $8 billion hole in Alameda Research's books, according to Sun's testimony in court on Oct. 19.Sun flew from Japan to testify in the ongoing trial as part of his non-prosecution agreement with
Read More