by COINS NEWS - 6 months ago
Hey r/CryptoCurrency, Nikhilesh De and Ian Allison from CoinDesk here. Last November, Ian broke an explosive story raising questions about the financial underpinnings of Sam Bankman-Fried’s trading firm, Alameda Research – and, by extension, th...
Bitcoin News / Bitcoinist - 6 months ago
With just two weeks to his trial, FTX founder Sam Bankman-Fried (SBF) appealed his bail revocation ruling, hoping he would attend his trial from home when it commences. However, that is unlikely following the Court of Appeals order on September 21.
S...
Cryptocoins News / Finance Magnates - 6 months ago
Bankman-Fried,
the Founder of FTX, has faced another legal setback as an appeals court
rejected his attempt to secure pre-trial release ahead of his upcoming trial
scheduled for October 3rd. This decision comes after a series of legal
challenges and...
Bitcoin News / Bitcoinist - 6 months ago
With two weeks to go until the trial of Sam Bankman-Fried, founder and former CEO of the FTX crypto exchange, the United States Department of Justice has made a request of the judge handling the case. This time around, the DOJ has asked for an additi...
by COINS NEWS - 6 months ago
A judge in the U.S. has rejected a request by a lawyer who laundered $400 million from the Onecoin crypto pyramid to have a new trial. The ruling clears the path for sentencing 54-year-old Mark Scott despite a key prosecution witness admittedly lying...
Cryptocoins News / Finance Magnates - 6 months ago
Mark Scott,
the lawyer convicted of laundering $400 million from the infamous OneCoin
fraud, has been denied a motion for a new trial despite revelations of false
testimony during his 2019 trial. United States District Judge Edgardo Ramos
made the de...
Cryptocoins News / The Cointelegraph - 6 months ago
A lawyer who laundered $400 million from the OneCoin scam has been denied a new trial despite arguing there were legal mistakes and false testimony in the original trial in 2019....
Bitcoin News / Bitcoin.com - 6 months ago
Sam Bankman-Fried’s legal team and federal prosecutors are clashing over what can be asked of potential jurors before his trial begins next month. The defense and prosecution submitted dueling proposed questions on Thursday, with each side accusing t...
Bitcoin News / Bitcoinist - 6 months ago
Prosecutors in the case against the former CEO of the now-defunct FTX exchange, Sam Bankman-Fried (SBF), have pushed back against the defense’s suggested questions for jury selection. The co-founder faces seven counts of fraud-related offenses, inclu...
Bitcoin News / Bitcoinist - 6 months ago
The former CEO of defunct crypto exchange FTX Sam Bankman-Fried’s (SBF) trial is set to begin in October, barring any postponement. Ahead of the trial, here are some key details to note as SBF faces up to 100 years imprisonment if found guilty by the...
Bitcoin News / Bitcoinist - 6 months ago
The former CEO of the defunct Bitcoin exchange Mt. Gox, Mark Karpelès, has drawn an analogy between his case and that of FTX’s former CEO Sam Bankman-Fried (SBF) following the latter’s persistent request to be released in order to prepare his defense...
Cryptocoins News / The Cointelegraph - 6 months ago
Mark Karpelès was seemingly drawing parallels to Sam Bankman-Fried’s recent antics, claiming to have gotten through 20,000 pages of evidence in pre-trial detention with only a “simple cal...
Bitcoin News / Bitcoinist - 6 months ago
With his trial scheduled for less than a month from now, Sam Bankman-Fried (SBF), founder and former CEO of the failed FTX crypto exchange, is scrambling to get as much out of the judge as possible. This time around, SBF is looking toward getting rel...
Cryptocoins News / The Cointelegraph - 6 months ago
Lack of internet access and time pressures were insufficient grounds to grant Bankman-Fried's temporary release, according to Judge Kaplan. Former FTX boss Sam Bankman...
Cryptocoins News / The Cointelegraph - 6 months ago
Lack of internet access wasn’t an insufficient ground to grant Sam Bankman-Fried’s temporary release, according to District Judge Lewis Kaplan. Former FTX boss Sam Ban...
Cryptocoins News / The Cointelegraph - 6 months ago
Former FTX CEO Sam Bankman-Fried’s bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility. Former...
Bitcoin News / Bitcoinist - 6 months ago
Sam Bankman-Fried, the controversial founder of the FTX cryptocurrency exchange, has once more thrust himself into the spotlight, seeking his release from incarceration at the Metropolitan Detention Center in Brooklyn. This development has ignited si...
Bitcoin News / Bitcoin.com - 6 months ago
Attorneys for fallen cryptocurrency tycoon Sam Bankman-Fried are requesting his temporary release from a Brooklyn jail, arguing that limited access to trial evidence and computers is impeding his ability to prepare his defense.
Sam Bankman-Fried̵...
Bitcoin News / Bitcoinist - 6 months ago
On Tuesday, the United States Department of Justice (DOJ) said that Sam Bankman-Fried (SBF), the embattled co-founder of the defunct FTX crypto exchange, has been given sufficient time and resources to review discovery materials for the case against...
More / Bitcoin Reddit - 6 months ago
Any experience of tangible assets businesses signing long term (3+ year) contracts in BTC? Even if both sides believe in bitcoin and ready to sign a long-term contract in BTC effectively it means that they assume the volatility risks since the suppli...
Bitcoin News / Bitcoinist - 6 months ago
Per a Bloomberg Law report, in an upcoming fraud trial scheduled for October, FTX co-founder Sam Bankman-Fried is preparing to call seven expert witnesses, potentially paying them up to $1,200 an hour, to testify on his behalf.
According to a letter...