12 / 58 Relevant items tagged with #Ftx

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Sam Bankman-Fried ‘doubled down’ by buying Binance’s stake in FTX — US prosecutors

[Nov 1, 2023 2:03 PM] The prosecution is delivering its closing arguments at the Southern District Court of New York, where SBF’s trial has been taking place since Oct. 3.

FTX and the Case for Web3 YIMBYism

[Nov 1, 2023 10:20 AM]

‘That’s fraud,’ prosecutors say in closing arguments at Sam Bankman-Fried trial

[Nov 1, 2023 9:08 AM] The U.S. government delivered its closing arguments in New York in an effort to convince the jury that SBF is guilty of fraud and conspiracy to commit fraud.

FTX, Alameda Wallets Move More Than $78 Million in Crypto to Exchanges: Spotonchain

[Nov 1, 2023 7:00 AM] Just over $13 million in crypto were moved to Binance and Coinbase overnight, data from Spotonchain show.

FTX and Alameda Research wallets send $13.1M in crypto to exchanges overnight

[Nov 1, 2023 3:25 AM] A court-ordered liquidation process allows FTX to sell nearly $3.4 billion worth of crypto assets in weekly batches starting from $50 million a week.

Solana Flying, Bulls Reverse Post-FTX Collapse Losses But SOL Analysts Cautious

[Oct 31, 2023 9:00 PM] SOL, the primary currency of Solana, is one of the top-performing coins in the top 10, according to CoinMarketCap, a crypto tracker. According to data on October 31, SOL is changing hands above $36, trending at 2023 highs, reversing all post-FTX…

Bankman-Fried’s Lawyers Challenge Core of Fraud Case, Questioning Fiduciary Ties Under English Law

[Oct 31, 2023 5:30 PM] Lawyers for Sam Bankman-Fried are seeking to instruct the jury that no trust or fiduciary relationship existed between the crypto exchange and its customers, a key part of the prosecution’s fraud case. Bankman-Fried’s Attorneys Question Trust…

FTX Transfers $150M In Assets, Including Ethereum And Solana, Amid Bankruptcy

[Oct 31, 2023 3:00 PM] Blockchain analytics firm Nansen has recently revealed that wallets associated with bankrupt crypto exchange FTX have transferred approximately $156 million worth of digital assets, including Ethereum (ETH) and Solana (SOL), in a series of…

Bitcoin futures data highlight investors’ bullish view, but there’s a catch

[Oct 31, 2023 2:45 PM] The stars are lining up for Bitcoin price, but a few major price threats remain in play.

Bankman-Fried’s Memory Fails Him in Court as Prosecution Delves Into Alameda’s Preferential Treatment

[Oct 31, 2023 1:30 PM] Ex-FTX chief Sam Bankman-Fried returned to the witness stand Monday, fielding a barrage of inquiries from the federal prosecutor. The interrogation spanned the better part of the day, with Bankman-Fried often struggling to recollect particular…

SBF criminal trial moves to closing arguments

[Oct 31, 2023 11:36 AM] Bankman-Fried pleaded not guilty to all seven counts of fraud charges related to the collapse of crypto exchange FTX.

SBF says spending FTX customers’ money was part of ‘risk management’: Report

[Oct 31, 2023 8:49 AM] At the time of bankruptcy, FTX faced a shortfall of $8 billion owed to its customers.

Sam Bankman-Fried lawyers pitch for changes to judge’s jury instruction

[Oct 31, 2023 5:22 AM] Bankman-Fried’s attorneys have made several requests in the past few months, ranging from early bail to vegan food and prescription drugs.

SBF claims innocence, contradicts other witnesses: Law Decoded

[Oct 30, 2023 2:00 PM] Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court.

‘Fuck regulators,’ said SBF behind closed doors: Report

[Oct 30, 2023 10:59 AM] The disgraced crypto executive frequently praised the need for crypto regulation in public.

FTX And Alameda Addresses Move $80 Million In Crypto Over The Past Week – Details

[Oct 29, 2023 9:00 AM] According to the latest on-chain data, wallet addresses linked to the now-bankrupt FTX exchange and Alameda Research have transferred substantial amounts in crypto assets over the past week. This series of funds movement was first brought to the…

Anthropic’s $2 Billion Deal With Google Brings Hope to FTX Creditors

[Oct 29, 2023 3:30 AM] A few weeks back, a coalition of creditors from FTX, known as the “FTX 2.0 Coalition,” shed light on how the defunct exchange’s vested interest in Anthropic could significantly enhance their compensation. Now, Anthropic has…

From Airbnb to Bahamas Elite — Bankman-Fried Testifies About FTX’s Operations and Alameda

[Oct 28, 2023 12:00 PM] Sam Bankman-Fried took the stand in his fraud trial on Friday, October 27, 2023, and was questioned by his lawyer about the operations of FTX and its relationship with affiliated crypto trading firm Alameda Research. Sam Bankman-Fried’s Trial…

Sam Bankman-Fried's perspective on FTX fall

[Oct 28, 2023 11:52 AM] Sam Bankman-Fried testified in court this week, denying any wrongdoing between FTX and Alameda Research despite admitting “big mistakes."

Lawyer questions Sam Bankman-Fried on his political donations at trial

[Oct 27, 2023 1:26 PM] The former FTX CEO reportedly said the donations made in his name came from “loans from Alameda Research” as part of efforts to influence U.S. regulations on crypto.

Sam Bankman-Fried denies defrauding FTX users at trial

[Oct 27, 2023 10:24 AM] As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh.

Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’

[Oct 27, 2023 8:19 AM] The former FTX CEO returned to the witness stand to present his testimony to a jury of 12 people as the criminal trial began to reach its final stages.

Binance founder CZ’s fortune gets slashed $12B, while SBF is still at $0

[Oct 26, 2023 11:17 PM] Binance CEO Changpeng Zhao’s crypto empire has fallen over 80% from its January 2022 peak of almost $97 billion.

Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report

[Oct 26, 2023 2:46 PM] Assistant U.S. Attorney Danielle Sassoon grilled the former FTX CEO in court on his knowledge of FTX user deposits and the retention of communication records.

Bankman-Fried Takes the Stand With a Great Focus on Relying on Counsel and Legal Advice

[Oct 26, 2023 2:30 PM] The former FTX CEO Sam Bankman-Fried testified Thursday without jurors present. Bankman-Fried was questioned by his attorney, Mark Cohen, before the judge. He described FTX senior staff using encrypted messaging, discussed obtaining Alameda’s bank…

SBF grilled in court on deleted messages during testimony

[Oct 26, 2023 2:08 PM] The disgraced crypto executive claimed that he merely acted on various lapses in the company's data retention policy.

Sam Bankman-Fried thought ‘taking FTX deposits through Alameda was legal’: Report

[Oct 26, 2023 1:04 PM] The former FTX CEO took the stand for the first time in his criminal trial, but without members of the jury present.

FTX Moves Millions Worth of LINK, MATIC, AGLD to Coinbase as Sam Bankman-Fried Testifies

[Oct 26, 2023 1:04 PM] The latest transactions followed $19 millions worth of crypto moved from FTX cold wallets to exchanges.

FTX Ramps Up Restitution Efforts, Subpoenas AI Firm CAIS Over $6.5M Investment

[Oct 26, 2023 1:00 PM] Bankrupt crypto exchange FTX, led by newly appointed CEO John Ray III, has embarked on an intensive legal campaign to regain control and recover assets in its pursuit of financial restitution.  As founder Sam Bankman-Fried awaits possible…

What Happens to GBTC Discount When FTX Sells its Holdings?

[Oct 26, 2023 12:57 PM] It’s possible the SEC could approve a spot ETF before any sales, taking discount worries off the table.