Cryptocoins News / The Cointelegraph - 1 year ago
On the final day of his testimony, FTX co-founder Wang discussed talking to the feds and his interpretation of the “FTX is fine” tweet. Day six of the trial of Sam Ban...
Cryptocoins News / The Cointelegraph - 1 year ago
Reports have suggested the former CEO of Alameda Research and SBF had largely been out of contact following the collapse of FTX in November 2022. Former FTX CEO Sam “S...
Bitcoin News / Bitcoinist - 1 year ago
One of the major talking points in the ongoing trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), has been how Judge Lewis Kaplan, the judge in charge of the case, has reacted to some of the defense’s tactics during...
Cryptocoins News / The Cointelegraph - 1 year ago
Sam Bankman-Fried’s legal team seeks permission to cross-examine Gary Wang over FTX lawyers’ involvement in Alameda loan approvals. Sam “SBF” Bankman-Fried’s legal tea...
Cryptocoins News / Finance Magnates - 1 year ago
“FTX creditors,” appealed to Sunil Kavuri on Twitter days after the ongoing trial of Sam Bankman-Fried started, adding: “never forget all the CT influencers that fawned over SBF, posted their FTX ref links, posted their fake screenshot P&Ls on FT...
Bitcoin News / Bitcoinist - 1 year ago
In an X (formerly Twitter) thread, Coinbase’s director of product strategy & business operations at Coinbase and on-chain sleuth Conor Grogan has revealed how FTX’s Alameda Research allegedly contributed to Tether’s USDT dominance.
Alameda...
Cryptocoins News / The Cointelegraph - 1 year ago
The still-unidentified FTX hackers have started ramping up their movement of stolen funds in recent weeks, potentially using media attention of the trial as a cover to hide the illicit ac...
Bitcoin News / Bitcoinist - 1 year ago
In a shocking turn of events, cryptocurrency exchange FTX faced a double blow as it grappled with bankruptcy and a massive crypto theft that threatened to wipe out its remaining assets.
Now, new details have emerged about the nightmarish evening whe...
Bitcoin News / Bitcoinist - 1 year ago
In a turbulent storm of accusations surrounding the controversial founder of the defunct cryptocurrency exchange FTX, Sam Bankman-Fried (SBF), a new voice has arisen, making direct claims of elite intervention on his behalf. Charles Hoskinson, the fo...
Cryptocoins News / The Cointelegraph - 1 year ago
In the second week of his fraud trial, SBF will face testimonies against him from witnesses, including former partner and CEO of Alameda Research Caroline Ellison. Th...
Bitcoin News / Bitcoinist - 1 year ago
More revelations have come to light since the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), commenced last week. Part of these secrets include the alleged illegalities that went on in FTX and its sister company,...
Bitcoin News / Bitcoinist - 1 year ago
Gary Wang, the enigmatic co-founder and chief technology officer of the defunct cryptocurrency exchange FTX, provided an incriminating testimony during the ongoing criminal trial of Sam Bankman-Fried, marking the trial’s third day.
Wang reveale...
More / Bitcoin Reddit - 1 year ago
I'm using a burner account. Not sure what Coinbase intentions are, and my crypto is locked in their platform, so want to detach myself from this post. Something strange is happening at Coinbase. The Coinbase subreddit is full of this exact compla...
Cryptocoins News / The Cointelegraph - 1 year ago
FTX’s so-called “Backstop Fund” figure was a big lie, according to the crypto exchange’s former chief technology officer. Crypto exchange FTX used hidden Python code t...
Bitcoin News / Bitcoinist - 1 year ago
Reports have shown what former Chief Executive Officer of the bankrupt cryptocurrency exchange FTX Sam Bankman-Fried allegedly paid Golden State Warriors star Stephen Curry to promote the failed cryptocurrency exchange.
NBA ALL-Star Was Paid $35 Mill...
Bitcoin News / Bitcoinist - 1 year ago
The Sam Bankman-Fried (SBF) trial continued on October 6 (Day 4), with FTX Co-founder and SBF’s associate Gary Wang taking the stand once more in continuation of the proceedings from the previous day. Wang was more specific in his testimony this time...
Bitcoin News / Bitcoin.com - 1 year ago
On Friday, FTX’s co-founder, Gary Wang, delivered a riveting testimony to federal prosecutors, alleging that CEO Sam Bankman-Fried covertly diverted billions from customer accounts to fuel trades for his hedge fund, Alameda Research. Wang detai...
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
FTX’s former chief technology officer reportedly claimed in court that then-CEO Sam Bankman-Fried authorized Alameda Research’s account to trade more funds than it had available....
Cryptocoins News / Finance Magnates - 1 year ago
Gary Wang, a key witness for prosecutors in the trial of his
former partner, Sam Bankman-Fried (SBF), revealed that he and SBF committed
multiple financial crimes related to their oversight of the now-bankrupt crypto
exchange, FTX. This admission, ac...
Bitcoin News / Bitcoin.com - 1 year ago
The decentralized exchange (dex) Thorswap has paused operations after a series of funds stemming from the FTX hacker was sent to the dex protocol. Thorswap took to social media and said that the team “stands firmly against any and all crim...