[Oct 10, 2023 5:12 AM] Sam Bankman-Fried’s legal team is seeking permission to cross-examine Gary Wang over FTX lawyers' involvement in Alameda loan approvals.
[Oct 10, 2023 4:00 AM] FTX co-founder and former Chief Technology Officer Gary Wang began testifying in earnest last Friday in Sam Bankman-Fried’s trial. Later on Tuesday, Caroline Ellison is expected to take the stand.
[Oct 10, 2023 2:41 AM] Charles Hoskinson likened SBF to Bernie Madoff, the mastermind behind the largest Ponzi scheme in history, and says the media is giving him a “free pass.”
[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 2:00 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 4:00 AM] The trial has started off strong for the Department of Justice. Some expected the DOJ to bring its most important witnesses – namely Sam Bankman-Fried’s former inner circle – toward the end of the trial – but oh how wrong we were.
[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 9:30 PM] The U.S Department of Justice wants the judge overseeing its case against Sam Bankman-Fried to block the defense team from introducing any evidence that his stake in artificial intelligence company Anthropic will benefit FTX creditors after the…
[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 6, 2023 6:08 PM] The trial of former FTX CEO Sam Bankman-Fried started on October 3. Four witnesses explained to jurors how $8 billion in funds from customers went missing.
[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 12:30 PM] As the trial for Sam Bankman-Fried begins this week, the cryptocurrency community is eagerly awaiting the verdict. Will Bankman-Fried be found guilty or not guilty? As the trial progresses, speculators are using the cryptocurrency prediction…
[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 6, 2023 9:26 AM] Gary Wang, a former top lieutenant in Bankman-Fried’s empire, testified that Alameda had “special privileges” at FTX that allowed the hedge fund to spend $8 billion of exchange customers’ money.
[Oct 6, 2023 4:00 AM] It could take six weeks for prosecutors to make their case against Sam Bankman-Fried. But only three days were needed for the judge overseeing his trial to lose patience with the former crypto chief’s defense team.
[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 9:59 AM] Gary Wang, the former chief technology officer and co-founder of FTX, told a jury that he, Bankman-Fried and fellow former executives Caroline Ellison and Nishad Singh committed multiple forms of fraud.
[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…
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