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Gary Wang – who’s previously pleaded guilty to similar charges to what Bankman-Fried faces – testified that Bankman-Fried directed him to write code allowing Alameda Research to have a negative balance on FTX as far back as July 2019.Ultimately Alameda took and spent at least $8 billion of FTX customers’
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The second week of the Sam “SBF” Bankman-Fried FTX fraud trial will commence its hearings again on Monday, Oct. 9, with one of the main focal points anticipated to be testimony from Caroline Ellison.Ellison, the former romantic partner of SBF’s and CEO of FTX-tied Alameda Research, is set to testify
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Bitcoin (BTC) starts the second week of October still up 4% month-to-date as geopolitical instability provides a snap market focus.BTC price action continues to hold steady at $28,000 — what will happen next as markets react to the war in Israel?In what could end up a volatile period for risk
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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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What Happened During Sam Bankman-Fried's First Week in Court? Source
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Solana (SOL) price experienced a 20% gain between Sept. 28 and Oct. 6, but is the rally a tandem move with Bitcoin (BTC) price or is it being driven by other factors. Prior to the price breakout, or perhaps, it’s recovery, SOL faced a turbulent period after a U.S. court
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The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 6, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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Friend.tech users are warning of possible SIM-swap attacks after a recent spate of supposed hacks resulting in nearly 109 Ether (ETH) worth around $178,000 being drained from four users in under a week.On Sept. 30, the X (formerly Twitter) user known as “froggie.eth” warned their Friend.tech account was SIM-swapped —
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Bitcoin (BTC) price gained 6% from Oct. 1 to Oct. 2 but after failing to break the $28,500 resistance, the price dropped by 4.5% on the same day. This decline happened because of the disappointing performance of Ether (ETH) futures exchange-traded funds (ETFs) that were launched on Oct. 2 and
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As JPMorgan’s CEO has stated, the company has already found more than 300 use cases for AI. The applied AI initiatives include virtual assistants, anomaly detection, news analytics, quantitative client intelligence, smart documents, intelligent pricing, and more. On Monday, JPMorgan Chase & Co (NYSE: JPM) CEO Jamie Dimon had an interview with
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