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Bitcoin Is Up 70% a Year After FTX Debacle, but 'Alameda Gap' in ... - CoinDesk

Bitcoin Is Up 70% a Year After FTX Debacle, but 'Alameda Gap' in ...& & CoinDesk

FTX Founder Sam Bankman-Fried Headed To Prison, What Was He Convicted Of?

The jury in the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), gave its verdict on November 2 in what signals the beginning of the end for the one-time billionaire who faces a long prison term following his convi...

‘We were worried about ecosystem startups’ — Solana CEO on FTX collapse

Solana co-founder Anatoly Yakovenko reflects on the fallout of FTX’s failure and its initial impact on Solana ecosystem builders. The infamous collapse of FTX sent sho...

‘We were worried about ecosystem startups’ — Solana co-founder on FTX collapse

Solana co-founder Anatoly Yakovenko reflects on the fallout of FTX’s failure and its initial impact on Solana ecosystem builders. The infamous collapse of FTX sent sho...

FTX's Sam Bankman-Fried Found Guilty of All 7 Counts of Criminal Charges

After a five-week trial, a New York jury found FTX's Founder and former CEO, Sam Bankman-Fried, guilty of all seven counts of fraud, conspiracy, and money laundering. The sentencing for this crime is yet to be scheduled, tentatively set for March 28...

Guilty on All Counts: Former FTX CEO Sam Bankman-Fried Faces Potential Century-Long Sentence

Sam Bankman-Fried, the disgraced former CEO of FTX, has been convicted on all seven charges, including wire fraud, securities fraud, commodities fraud, and money laundering. The jury reached a verdict at around 7:45 p.m. (ET) on Thursday evening acco...

Sam Bankman-Fried was found guilty on all seven counts for his role in the collapse of crypto exchange FTX.

submitted by /u/reddit4485 [link] [comments]

Sam Bankman-Fried found guilty on all 7 charges in FTX fraud trial

U.S. Attorney Damian Williams called Bankman-Fried’s crimes “a multibillion-dollar scheme designed to make him the king of crypto” and one of the biggest financial frauds in American hist...

#BREAKING: Sam Bankman-Fried was found guilty of a massive fraud that led to the collapse of FTX

submitted by /u/Lucky-Ad-709 [link] [comments]

Ex-crypto mogul Sam Bankman-Fried convicted of defrauding FTX customers

submitted by /u/DoubleFaulty1 [link] [comments]

Prosecutor: FTX Boss Sam Bankman-Fried Stole Billions From Customers, Lied About It

Federal prosecutor Nicolas Roos argued this week that Sam Bankman-Fried stole billions in customer funds from his cryptocurrency exchange FTX and lied repeatedly to cover it up, actions that make him guilty on all counts. The prosecutor’s closi...

Bankman-Fried Jury Begins Deliberations at FTX Fraud Trial

Could have a verdict tonight. They will not meet again tomorrow, so they would have to come back next week. submitted by /u/BottleNcanClapUrHand [link] [comments]

Jury Will Decide If FTX’s Sam Bankman-Fried Will Go To Prison Starting Today

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), is gradually coming to an end as the defendant’s fate could be decided starting on November 2. The defendant faces up to 110 years if found guilty of all charges...

Anyone can HODL in a bull market … You can only call yoursef a HODLER only if you have hodl through at least 50% loss and still make it through. If you have held through 2022/23 Celcius, lunaterra, FTX then yes you are a true holder

And from now on, enjoy the upward ride, YOU deserve it ???????????????????????????? submitted by /u/kadudu888 [link] [comments]

Sam Bankman-Fried lawyer says government portrayed FTX founder as a ‘monster’

submitted by /u/After_Sock_3550 [link] [comments]

FTX’s Sam Bankman-Fried Completes His Testimony, Here’s What To Expect Next

Sam Bankman-Fried has concluded his last testimony in his criminal trial and now the fate of the former FTX CEO lies in the hands of Jurors with the power to convict him to his sentence or exonerate him. Former FTX CEO Testimony Reaches Climax Found...

Sam Bankman-Fried ‘doubled down’ by buying Binance’s stake in FTX — US prosecutors

The prosecution is delivering its closing arguments at the Southern District Court of New York, where SBF’s trial has been taking place since Oct. 3. Federal prosecut...

FTX Former CEO Sam Bankman-Fried Grilled in Court Over Exchange's Risk Management Measures

FTX CEO Sam Bankman-Fried faced court examination on risk management after 2020 incident. BitMEX Research detailed discussions on "Allow Negative" code change, growth, and SBF's personal and professional entanglements. (Read More)

Sam Bankman-Fried’s Defense Breaks Down: Testifies To Issues Within FTX

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), continued on October 31, with the prosecution cross-examining the defendant. Despite the line of questioning from the prosecutor, SBF managed to spin his narrati...

FTX and Alameda Research wallets send $13.1M in crypto to exchanges overnight

A court-ordered liquidation process allows FTX to sell nearly $3.4 billion worth of crypto assets in weekly batches starting from $50 million a week. The crypto walle...

SBF’s risky gamble to testify concludes as FTX trial nears end

submitted by /u/FitScore3115 [link] [comments]

FTX Fraud: Ex-Colleagues Set to Testify Against Sam Bankman-Fried | Story Overview

submitted by /u/hugolini [link] [comments]

Sam Bankman-Fried Digs Himself A Hole As This FTX Execs’ Text Thread Is Exposed In Court

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), resumed on October 30 with the continuation of the defendant’s direct examination by his primary counsel, Mark Cohen. This time, he and his lawyers seemed solely...

SBF says spending FTX customers’ money was part of ‘risk management’: Report

At the time of bankruptcy, FTX faced a shortfall of $8 billion owed to its customers. Sam “SBF” Bankman-Fried, the founder of cryptocurrency exchange FTX, claims that...

Sam Bankman-Fried’s Credibility At Stake As Prosecutors Grill FTX Founder About Days Before Bankruptcy

On Monday, October 30, Chief Executive Officer and founder of the defunct cryptocurrency exchange FTX, Sam Bankman-fried‘s credibility was bombarded in cross-examination on days before the exchange’s bankruptcy by a federal persecutor as...

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