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Ellison was far from an unwitting front-person during her time at Alameda, said Mark Cohen, Bankman-Fried’s lead attorney, in his opening argument in defense of Bankman-Fried. Instead, she was firmly in control of the reins at the trading fund – and her poor leadership, according to Bankman-Fried’s lawyers, is what
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The crypto industry has rapidly shifted from the periphery to the forefront in D.C. in a remarkably brief span. The sector has established a host of trade associations, think tanks, and political action committees, enlisted a significant cadre of seasoned lobbyists, and formed in-house policy teams. These initiatives have attracted
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Potentially as soon as later Tuesday, though, we’re going to hear from Caroline Ellison, the one-time Jane Street trader turned Alameda Research CEO. There's two reasons why people want to hear from her: For one thing, she ran Alameda, the company that took FTX customer funds and somehow lost billions
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This week, FTX founder Sam Bankman-Fried’s trial began; the crypto sector witnesses more layoffs; a Hamas-led attack stuns Israel; Ripple vs. U.S. SEC continues. SBF faces trial Sam Bankman-Fried’s trial continues on Tuesday, Oct. 10 with testimony from former Alameda CEO Caroline Ellison. Before the trial began on Oct. 3, attorneys declined
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Top Stories This Week Opening arguments begin in Sam Bankman-Fried trial The trial of former FTX CEO Sam “SBF” Bankman-Fried kicked off on Oct. 4 in New York after jury selection began the previous day. Assistant United States Attorney Thane
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Disgraced FTX founder Sam Bankman-Fried’s trial will resume for its fifth day on Oct. 10, with prosecutors expected to question his ex and former colleague, Caroline Ellison. The trial, which is set to last six weeks, will continue on Tuesday with key testimony expected from Ellison, who is regarded as a
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Luxury real estate, political donations, investments, and magazine covers. A year ago, that was the life of Sam Bankman-Fried, Assistant U.S. Attorney Thane Rehn remarked during the opening statements of the world's most famous crypto trial."All of it was built on lies," Rehn continued, claiming that the co-founder of Alameda
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I have spent the last two years writing a new book, “Web3: Charting the Internet’s Next Economic and Cultural Frontier,” shining a light on the ways in which citizens, entrepreneurs, creators and business leaders are being impacted by Web3. I have reached a different conclusion: If Web1 and Web2 democratized
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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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Wang’s testimony was part of a plea agreement with prosecutors stemming from his guilty plea filed in December 2022. In a riveting turn of events at the ongoing criminal trial of FTX founder Sam Bankman-Fried (SBF), Gary Wang, the company’s former chief technology officer, unveiled startling revelations about the inner workings
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