Bitcoin News / Bitcoinist - 1 year ago
Sam Bankman-Fried (SBF) and his lawyers do not seem to have made any headways in their defense, as the second week of the defendant’s trial ends on October 13. The highlight of how their case has gone so far was again on display when Mark Cohen stepp...
Cryptocoins News / The Cointelegraph - 1 year ago
A 75-minute recording obtained by Cointelegraph shows the exact moment former Alameda Research CEO Caroline Ellison told employees about their use of FTX customer deposits....
Cryptocoins News / The Cointelegraph - 1 year ago
The former Alameda Research CEO placed part of the blame for FTX’s failure on CZ, while the Binance CEO claimed Ellison’s offer to buy the firm’s FTT holdings was the cause....
Bitcoin News / Bitcoin.com - 1 year ago
In a recent courtroom showdown, Caroline Ellison, the former CEO of Alameda Research, provided key insights into the operations of FTX and its alleged improprieties. Her revelations, documented by Inner City Press correspondent Matthew Russell Lee, c...
Bitcoin News / Bitcoin.com - 1 year ago
Close to a year has passed, and the hacker responsible for the staggering $477 million heist from the now-defunct crypto exchange FTX still remains elusive. Yet, Elliptic, a leading blockchain analytics firm, has meticulously mapped the intricate jou...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin sales by FTX come to light as part of the SBF trial, as one prediction suggests that they stopped the BTC price from hitting $100,000. Bitcoin (BTC) failed to...
Bitcoin News / Bitcoinist - 1 year ago
According to recent reports, cryptocurrency company Genesis has suspended customer withdrawals in its lending unit, adding to the already tumultuous landscape of the digital currency industry.
This halt follows the company’s bankruptcy filing...
Cryptocoins News / Finance Magnates - 1 year ago
Caroline Ellison, Alameda's former Chief Executive
Officer, is expected to take the stand today (Thursday) to testify against Sam
Bankman-Fried (SBF) for the third day. Her previous testimony revealed instances of deceit and fraud at FTX before the e...
Cryptocoins News / The Cointelegraph - 1 year ago
Blockchain analytics firm Elliptic didn’t rule out the possibility of the $477 million hack being an FTX inside job. Anonymous hackers of the now-defunct exchange FTX...
Bitcoin News / Bitcoinist - 1 year ago
The ongoing trial against Sam Bankman-Fried (SBF), former founder of the FTX crypto exchange, coupled with the testimonies of Caroline Ellison, the ex-CEO of Alameda Research and his former romantic partner, has unveiled a slew of crazy stories and i...
Cryptocoins News / The Cointelegraph - 1 year ago
Genesis reportedly said the $175 million settlement was “fair and equitable,” while FTX creditors wanted to contest it. A New York bankruptcy judge has approved a sett...
More / Bitcoin Reddit - 1 year ago
FTX tried to supress bitcoin below $20K.. Didn't last long. Photo source : Timothy There were rumors back then of bitcoin's price potentially being supressed.. It seems they were true.. Nevertheless the DCA army proved to be relentless....
Cryptocoins News / Finance Magnates - 1 year ago
Caroline Ellison, the former Chief Executive Officer
of Sam Bankman-Fried (SBF)'s crypto hedge fund Alameda Research, took the stand today (Wednesday) to
testify against him for the second day. Her
testimony revealed aspects of SBF’s character, who f...
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 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
Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried’s criminal trial, delving into potential investments prior to FTX’s bankruptcy....
Cryptocoins News / The Cointelegraph - 1 year ago
The former CEO testified that she had provided SBF seven options for spreadsheets with misleading information on Alameda’s financials to present to Genesis lenders. Te...
Cryptocoins News / Blockchain - 1 year ago
Key personnel from FTX and Alameda Research, during a trial, revealed concerning financial mismanagement and misrepresentation practices within the organizations. Gary Wang and Caroline Ellison's testimonies provided insights into significant financi...
Cryptocoins News / Blockchain - 1 year ago
Samuel Bankman-Fried's defense team has submitted a letter to U.S. District Judge Lewis A. Kaplan, seeking permission to question the involvement of FTX lawyers in the issuance of loans worth up to $300 million from Alameda Research to Gary Wang. The...
Bitcoin News / Bitcoinist - 1 year ago
The trial of Sam Bankman-Fried (SBF), the founder of FTX, has entered its second week, with key witnesses closely associated with the bankrupt exchange testifying against him in court.
Today, Caroline Ellison, Bankman-Fried’s ex-girlfriend and...
Bitcoin News / Bitcoin.com - 1 year ago
In bombshell testimony on Tuesday, Caroline Ellison, former CEO of Alameda Research, accused Sam Bankman-Fried of directing her and others to commit fraud under his leadership at FTX and Alameda. Taking the stand in a red dress, Ellison stated “...
Cryptocoins News / Finance Magnates - 1 year ago
Caroline Ellison, the former CEO of Sam Bankman-Fried's
(SBF) hedge fund, Alameda Research, has testified that the crypto mogul
directed a scheme to defraud customers of his cryptocurrency exchange, FTX.
Ellison's allegations painted a picture of amb...