Cryptocoins News / The Cointelegraph - 6 months ago
After much speculation, the former FTX CEO will be one of only a handful of witnesses to testify for his defense in the criminal fraud case. Former FTX CEO Sam “SBF” B...
Bitcoin News / Bitcoin.com - 6 months ago
Ex-FTX chief Sam Bankman-Fried is slated to make his case directly to the jury in his ongoing trial, as shared by his defense lawyer, Mark Cohen. Bankman-Fried’s decision to testify comes on the heels of several witnesses who have spoken agains...
Bitcoin News / Bitcoinist - 6 months ago
The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), is fast approaching the verdict stage as the prosecution closed its case last week. Following this, Bankman-Fried and his lawyers are set to open their defense (...
Cryptocoins News / The Cointelegraph - 6 months ago
The trial of Sam Bankman-Fried is reaching a conclusion, with the prosecution set to rest its case on Oct. 26. Sam Bankman-Fried’s trial is reaching its final stages o...
Bitcoin News / Bitcoin.com - 6 months ago
FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told prosecuto...
Cryptocoins News / The Cointelegraph - 6 months 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...
Bitcoin News / Bitcoinist - 6 months ago
FTX founder Sam Bankman-Fried (SBF) will have his details including tweets, memos, and images of his penthouse used as evidence against him in the Federal District Court in Manhattan.
FTX Founder’s Hidden Evidence Comes To Light
Founder and former C...
Cryptocoins News / The Cointelegraph - 6 months ago
The context of the legal challenge centers around the SEC vs. Jarkesy case, in which George Jarkesy contends that his Seventh Amendment rights were violated. Elon Musk...
Cryptocoins News / CoinJournal - 6 months ago
FTX is accused of using customer deposits to repurchase Binance stake.
An accounting professor hired by the US Department of Justice reveals over a billion dollars came from customer funds for the share buyback.
FTX’s proposed recovery plan of...
Cryptocoins News / The Cointelegraph - 6 months ago
Disgraced FTX CEO Sam Bankman-Fried wasn't the first financial kingpin to get creative with balance sheets, and he won't be the last. The courtroom drama unfolding aro...
Cryptocoins News / The Cointelegraph - 6 months 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 - 6 months ago
The social media platform’s owner seems on the cusp of turning X into a fully subscription-based app. X, formerly known as Twitter, is testing a signup model wherein n...
Cryptocoins News / The Cointelegraph - 6 months ago
Sam Bankman-Fried's defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16. Lawyers representing...
Cryptocoins News / The Cointelegraph - 6 months ago
Sam Bankman-Fried’s defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16. Lawyers representing...
Bitcoin News / Bitcoin.com - 6 months ago
According to Google Trends statistics, Sam Bankman-Fried’s search popularity surged just before his trial, maintaining an upward trend. Yet, it hasn’t matched the peak seen during FTX’s November 2022 collapse and his arrest that fol...
Cryptocoins News / CoinJournal - 6 months ago
Crypto exchange FTX might be bankrupt but it continues to spell bad news for Solana. During the ongoing trial of FTX’s former CEO Sam Bankman-Fried, Solana’s name has cropped up more than once.&
It doesn’t help that Bankman-Fri...
Cryptocoins News / Finance Magnates - 6 months ago
The bankrupt cryptocurrency exchange, FTX has staked
crypto assets worth $150 million in Solana's SOL and Ethereum (ETH). Blockchain
addresses connected to the crypto exchange show that over 5.5 million SOL,
valued at $122 million, and over 24,000 ET...
Cryptocoins News / The Cointelegraph - 6 months ago
Lawyers for the FTX founder have asked if he can take long-release ADHD medication, as he’s been unable to properly concentrate during his trial. FTX co-founder Sam Ba...
Bitcoin News / Bitcoin.com - 6 months ago
Berkshire Hathaway’s Charlie Munger says most crypto is going to zero, while a Jefferies analyst says bitcoin is actually set to thrive in the case of a dollar collapse. Meanwhile, American economist Jeffrey Sachs says central bank digital curr...
Cryptocoins News / The Cointelegraph - 6 months 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...
Bitcoin News / Bitcoinist - 6 months 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 / Finance Magnates - 6 months ago
Caroline Ellison, who plays a crucial role in the
case against FTX's Founder Sam Bankman-Fried (SBF), faced intense
cross-examination by the defense as she testified against her former boss. The
trial highlighted complex events that led to the collap...
Cryptocoins News / The Cointelegraph - 6 months ago
The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan. China opened an ind...