Cryptocurrency Analysis and News Portal
Sam Bankman-Fried’s trial has entered its third day, as the FTX founder is facing seven different charges of wire fraud and money laundering. After jury selection ended on day 2, both sides geared up with key witnesses to present their case. Senior District Judge Lewis A. Kaplan is presiding over the
Read More
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
Read More
SBF Trial Witness: Glitch at FTX Overstated Alameda's Debts by $8B Source
Read More
On the third day of the criminal trial for Sam “SBF” Bankman-Fried, the former CEO’s roommate at MIT and FTX developer Adam Yedidia testified about the $8-billion deficit the crypto exchange reported prior to its bankruptcy.According to reports from Inner City Press from the United States District Court for the
Read More
A Parisian cocoa trader told Sam Bankman-Fried’s trial jury that pricey ads and FTX’s confident CEO helped convince him the crypto exchange was a safe place to deposit over $100,000 so he could trade cryptocurrencies – but he never expected that anyone but him would touch his funds, kicking off
Read More
The crypto wallet address linked to the FTX exploiter moved roughly $36.8 million worth of Ether (ETH) in the last 24 hours amid the ongoing court trials of the defunct crypto exchange’s ex-CEO Sam Bankman-Fried (SBF).Accounts linked to FTX and FTX U.S. were drained off $600 million on Nov. 11, 2022,
Read More
The Sam Bankman-Fried (SBF) trial’s first day ended with multiple jurors dismissed; selection will resume for another day before the trial starts. The U.S. District Court in New York aims to select 12 jurors and six alternates, with the process slated to finish on Oct. 4. Dismissals and delays Judge Lewis Kaplan dismissed
Read More
FTX founder Sam Bankman-Fried’s criminal trial for fraud resumed at 10 a.m. New York time, as Federal Judge Lewis A. Kaplan moved to conclude jury selection and hear opening statements from attorneys on both sides. Senior District Judge Lewis A. Kaplan is presiding over the case, and Assistant U.S. Attorney Nicolas
Read More
The prosecuting attorneys in the criminal case against former FTX CEO Sam Bankman-Fried, also known as SBF, have started to call witnesses.According to an Oct. 4 X (formerly Twitter) thread by Inner City Press, the Assistant United States Attorneys presented testimony from a London-based cocoa broker named Marc-Antoine Julliard who
Read More
Prosecutors and defense attorneys in the criminal case of former FTX CEO Sam Bankman-Fried, also known as SBF, painted a very different picture for the jury to consider during the trial.In a New York courtroom on Oct. 4, Assistant United States Attorney Thane Rehn and SBF's attorney Mark Cohen delivered
Read More