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Cryptocoins News / Finance Magnates - 1 year ago
During his ongoing criminal trial, Sam Bankman-Fried (SBF) faced some tough questions from New York prosecutors today (Monday). The once prominent figure in the crypto industry found himself cross-examined on his past statements and admissions, inclu...
Bitcoin News / Bitcoin.com - 1 year ago
A few weeks back, a coalition of creditors from FTX, known as the “FTX 2.0 Coalition,” shed light on how the defunct exchange’s vested interest in Anthropic could significantly enhance their compensation. Now, Anthropic has successf...
Bitcoin News / Bitcoinist - 1 year ago
The former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), took the stand once again on October 27. This time, it was in front of the jury as Bankman-Fried had a lot to say about what went on at his former company, including revelati...
Cryptocoins News / The Cointelegraph - 1 year ago
Sam Bankman-Fried testified in court this week, denying any wrongdoing between FTX and Alameda Research despite admitting “big mistakes.“ Sam “SBF” Bankman-Fried took...
Bitcoin News / Bitcoin.com - 1 year ago
Sam Bankman-Fried took the stand in his fraud trial on Friday, October 27, 2023, and was questioned by his lawyer about the operations of FTX and its relationship with affiliated crypto trading firm Alameda Research. Sam Bankman-Fried’s Trial...
by COINS NEWS - 1 year ago
submitted by /u/Odd-Radio-8500 [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
During the ongoing trial of Sam Bankman-Fried, co-founder of the now-defunct FTX crypto exchange, startling revelations have emerged regarding his understanding of cryptocurrency. FTX Co-Founder’s Shocking Testimony According to live coverage...
Cryptocoins News / Finance Magnates - 1 year ago
Sam Bankman-Fried (SBF) faced the jury yesterday (Friday) and acknowledged the widespread fallout when the cryptocurrency exchange FTX, which he co-founded, crumbled. BBC reported that the 31-year-old entrepreneur, accused of deceiving investors and...
Cryptocoins News / The Cointelegraph - 1 year ago
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Cointelegraph reporters are on the ground in New York for the tri...
Cryptocoins News / The Cointelegraph - 1 year ago
As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh. The jury oversee...
Bitcoin News / Bitcoinist - 1 year ago
Former FTX CEO Sam Bankman-Fried has finally testified in court as his legal team begins to construct a defense against charges of two counts of fraud and five counts of conspiracy. It would seem the 31-year-old former billionaire is now taking a dif...
Bitcoin News / Google News Bitcoin - 1 year ago
Crypto dot com records highest Bitcoin inflow since FTX collapse& & CryptoSlate
Bitcoin News / Bitcoin.com - 1 year ago
Federal prosecutors questioned Sam Bankman-Fried in an ongoing hearing on Wednesday about his message deletion practices and the alleged use of customer funds while he was CEO of now-bankrupt crypto exchange FTX. FTX Founder Faces Intensive Cross-Exa...
by COINS NEWS - 1 year ago
submitted by /u/Mediocre_Suspect_203 [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
FTX founder Sam Bankman-Fried (SBF) testified on October 26 as expected. His testimony provided a glimpse of what line of argument is to be expected from the defense as the case progresses. As Bankman-Fried’s lawyers questioned him, they emphasized o...
Bitcoin News / Bitcoinist - 1 year ago
Addresses related to FTX, the bankrupt crypto exchange, and Alameda Research, the trading wing associated with the exchange, have cumulatively transferred $13.35 million of assets to Binance, a crypto exchange via Wintermute Trading, over the last 24...
Cryptocoins News / The Cointelegraph - 1 year ago
Assistant U.S. Attorney Danielle Sassoon grilled the former FTX CEO in court on his knowledge of FTX user deposits and the retention of communication records. Testifyi...
Cryptocoins News / The Cointelegraph - 1 year ago
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Cointelegraph reporters are on the ground in New York for the tri...
Cryptocoins News / The Cointelegraph - 1 year ago
The former FTX CEO took the stand for the first time in his criminal trial, but without members of the jury present. Former FTX CEO Sam “SBF” Bankman-Fried addressed a...
Cryptocoins News / Finance Magnates - 1 year ago
A group of debtors managing the cold storage wallets of the collapsed crypto exchange FTX has transferred more than $19 million worth of assorted tokens to various crypto exchange addresses.The on-chain analytics firm Peckshield, as quoted by Coindes...
Cryptocoins News / CoinJournal - 1 year ago
Sam Bankman-Fried set to testify in FTX fraud trial. Prior statements BY SBF are under scrutiny as he testifies under oath. Key testimonies accuse him of fund misappropriation. Former FTX CEO Sam Bankman-Fried (SBF) is today scheduled to testify in...
Bitcoin News / Bitcoin.com - 1 year ago
On Thursday, the analytics firm Peckshield alerted the community to another transfer of crypto assets from FTX wallets to centralized exchanges. Nearly $20 million in digital currencies were moved after the estate transferred $8.6 million in cryptocu...
Bitcoin News / Bitcoinist - 1 year ago
The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), has produced some interesting revelations even as SBF is set to testify in his case when his hearing resumes on October 26. The most notable ones seem to have co...
Cryptocoins News / The Cointelegraph - 1 year ago
Bankrupt crypto exchange FTX wants to look into the millions it has given to the Center for AI Safety, a nonprofit that has argued AI should be a global priority next to pandemics and nuc...
Bitcoin News / Bitcoin.com - 1 year ago
On Wednesday, the defense team for the former FTX CEO Sam Bankman-Fried issued a letter to the judge seeking to question two FBI agents who interviewed Gary Wang, former chief technology officer of FTX, and Nishad Singh, former director of engineerin...
