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Gary Wang, the co-founder and former chief technology officer of cryptocurrency exchange FTX, was the latest witness to testify in the criminal trial of former CEO Sam “SBF” Bankman-Fried.According to reports from Inner City Press, Wang addressed the courtroom on Oct. 5 following testimony from former FTX developer Adam Yedidia
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SBF Trial Witness: Glitch at FTX Overstated Alameda's Debts by $8B Source
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The trial of FTX co-founder Sam Bankman-Fried for a multibillion-dollar fraud case has a diverse jury panel consisting of various professions and backgrounds, including a retired banker, a pediatric nurse, and a special education teacher. The panel was selected on the second day of the trial in Manhattan after narrowing down
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Lawyers representing Sam Bankman-Fried have rejected a request from prosecutors to let a Ukrainian client of FTX testify via video link in a trial set to commence today, on Oct. 3. On Sep. 30, prosecutors filed an appeal with Judge Lewis A. Kaplan, seeking to overturn the opposition and enable two-way
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Former SEC Chief of Office of Internet Enforcement John Reed Stark believes a federal court could ultimately convict the FTX founder of several criminal charges, including fraud, due to three factors. Witness testimony from former executives, damning evidence enshrined in FTX records, and Sam Bankman-Fried’s post-bankruptcy media tour will likely sway
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Top Stories This Week Ethereum futures ETFs to start trading next week Investment firm Valkyrie will start offering exposure to Ether futures in the coming days. On Sept. 28, the firm told Cryptox that its Bitcoin Strategy ETF will allow
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In 2022, FTX crypto exchange filed for bankruptcy, sending shockwaves through the crypto community. Legal actions against its former management have persisted. Nearly a year later, founder Sam Bankman-Fried faces an impending trial. The trial of the disgraced businessman will begin on October 3 and will last at least 21 days
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MDC Brooklyn is a large prison complex encompassing two buildings and housing more than 1,600 male and female prisoners, many of whom still await trial. As a mixed-security facility, the MDC houses inmates with a variety of criminal histories, including terrorism, organized crime and drug smuggling, a report from the
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Practical realities such as the government providing the defense a list of over 50 potential witnesses, thousands of pages of material and more than 1,300 exhibits, argue for a temporary release, the lawyers said. They added that they didn't know which witnesses the government would call or in which order
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Former FTX CEO Sam Bankman-Fried, is scheduled to ask a 2nd U.S. Circuit Court of Appeals to order his release from a New York prison weeks before the start of a trial where he faces seven criminal charges. Bankman-Fried and his attorneys will have five minutes to convince a trio of
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