[Oct 10, 2023 1:26 AM] Attackers were able to steal nearly $400 million worth of various tokens after FTX was hacked in November 2022. But it could have been worse.
[Oct 9, 2023 2:30 PM] Amidst widespread media coverage highlighting Anthropic, the startup behind the generative artificial intelligence (AI) chatbot Claude and its pending multi-billion-dollar infusion, federal prosecutors overseeing the Sam Bankman-Fried case are…
[Oct 9, 2023 2:00 PM] Michael Lewis painted an overwhelmingly positive picture of former FTX CEO Sam Bankman-Fried in his new book, "Going Infinite: The Rise and Fall of a New Tycoon."
[Oct 9, 2023 12:00 PM] Former FTX CEO Sam "SBF" Bankman-Fried has been on trial since Oct. 3, but his legal counsel has yet to present a compelling narrative to support his defense.
[Oct 9, 2023 7:50 AM] In the second week of his fraud trial Sam Bankman-Fried will face testimonies against him from witnesses including former partner and CEO of Alameda Research, Caroline Ellision.
[Oct 9, 2023 1:38 AM] United States prosecutors argue that the potential for FTX investors to be made whole through the high valuation of Anthropic cannot be presented by Sam Bankman-Fried’s legal team.
[Oct 8, 2023 1:33 AM] He suggested that such sympathizers should not be considered for interviews with prominent television shows like CBS’s 60 Minutes.
[Oct 7, 2023 12:00 PM] After hearing witness accounts in the FTX trial this week, proceedings will resume on Tuesday, October 10, 2023. Caroline Ellison, former CEO of Alameda Research, is reportedly slated to take the stand. Ellison’s testimony could be pivotal…
[Oct 7, 2023 9:00 AM] On day four of the criminal trial of former FTX CEO Sam Bankman-Fried, Gary Wang, who co-founded the now-bankrupt crypto exchange and served as its former chief technology officer (CTO), testified. During his testimony, the former FTX executive…
[Oct 7, 2023 8:00 AM] Solana experienced a significant surge of approximately 20% during the last few days of September and into the first week of October. This sudden price increase has piqued the interest of investors and enthusiasts alike, sparking discussions about…
[Oct 6, 2023 5:30 PM] 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…
[Oct 6, 2023 11:09 AM] 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.
[Oct 5, 2023 10:00 PM] Former FTX chief technology officer Gary Wang took the stand on Thursday in the trial of FTX founder Sam Bankman-Fried. Wang admitted to committing financial crimes with Bankman-Fried, former Alameda CEO Caroline Ellison, and former FTX engineering…
[Oct 5, 2023 4:00 PM] During the Sam Bankman-Fried trial this week, Adam Yedidia, a close friend and former employee of the ex-FTX chief, delivered his testimony. Yedidia had a brief stint as an intern at Alameda Research, a quantitative trading firm linked to FTX…
[Oct 5, 2023 3:33 PM] Yedidia was involved in writing a buggy program to automate FTX customer deposits and withdrawals and was concerned by the size of the Alameda Research liability on the FTX books.
[Oct 5, 2023 2:39 PM] According to FTX's former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison.
[Oct 5, 2023 9:57 AM] Adam Yedidia, a former developer at FTX, testified regarding his knowledge of the crypto exchange’s use of funds, claiming “Alameda had used customer deposits to pay its loans.”
[Oct 5, 2023 8:30 AM] In the ongoing criminal case against Sam Bankman-Fried, federal prosecutors have unveiled a forfeiture bill, indicating the Department of Justice’s (DOJ) intent to commandeer two luxury jets belonging to the ex-FTX chief. Specifically, the…
[Oct 5, 2023 8:00 AM] This article is featured in Bitcoin Magazine’s “The Broke Issue”. Click here to subscribe now.The story of Bitcoin has certainly had its fair share of nefarious characters, criminal activity, bad haircuts and worse wardrobes, and yet our anti-hero
[Oct 5, 2023 5:45 AM] The U.S. Department of Justice says the two jets purchased by Bankman-Fried via FTX are now property subject to forfeiture due to charges brought against the former CEO.
[Oct 5, 2023 3:35 AM] While the exploiter initially held 175,496 ETH ($294 million), the current balance in their portfolio has come down to $196.014 million after a series of transfers.
[Oct 5, 2023 12:00 AM] According to a report, former National Football League quarterback Tom Brady was paid $55 million to feature in the collapse cryptocurrency exchange FTX’s advertisements. As part of the arrangement, Brady would devote 20 hours of his time…
[Oct 4, 2023 7:00 PM] For the last two years, Ethereum (ETH) has outperformed Solana (SOL), looking at the performance in the weekly chart. However, according to one technical analyst on X, this is about to change, especially considering the candlestick arrangement of…
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