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This week, as the criminal trial of Sam Bankman-Fried continues to unfold, there has been an emerging chorus of people willing to state, quite bluntly, that the founder of crypto exchange FTX and hedge fund Alameda Research is psychopathic. The former “golden boy” of crypto, aka SBF, is accused of
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Anonymous hackers of the now-defunct exchange FTX have been moving large amounts of assets stolen from the platform, with new transactions occurring just as the trial of FTX founder Sam Bankman-Fried gets underway.As much as 72,500 Ether (ETH) of stolen assets from FTX has awakened for the first time since the exchange
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Evidence presented in court as a part of the ongoing criminal trial against Sam “SBF” Bankman-Fried, former CEO of crypto exchange FTX, reveals SBF believed Binance leaked an Alameda balance sheet to the media in 2022.On Oct. 11, Caroline Ellison, former CEO of Alameda Research, said SBF created a memo
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Ellison told the New York court that SBF ordered her to lie about the state of financial statements for Alameda Research to secure more loans against customers’ deposits at FTX. Details of how former crypto empire FTX and Alameda Research have emerged through the testimony from Caroline Ellison, former Sam Bankman-Fried’s
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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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Former Alameda Research CEO Caroline Ellison claimed in court that Sam “SBF” Bankman-Fried attempted to raise equity for FTX by considering an investment from Saudi Crown Prince Mohammed bin Salman, or MBS.Addressing the court at SBF’s criminal trial Oct. 11, Ellison reportedly said she had discussed ways of hedging Alameda
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Over the course of her first day of testimony, Ellison walked the jury through how Bankman-Fried, despite naming her (and for a spell, Sam Trabucco) as CEO of Alameda, still largely retained control over the firm's decisions, and how he disregarded her advice on issues like whether to expand FTX's
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The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), resumed on October 10. As expected, the
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Concerns around the actual relationship between Sam Bankman-Fried’s two companies, trading firm Alameda Research and crypto exchange FTX, led the founder to consider shutting Alameda in 2022, a series of unpublished posts revealed in the ongoing court trial show. Source
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"This witness who's on the stand made a personal investment in Anthropic and has knowledge of the company's investment in Anthropic, and so in the event that the Court deems this admissible, it might be an issue that we want to raise with her," said the prosecutor, Danielle Sassoon. "We
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