Another week of the Sam Bankman-Fried trial has passed. All eyes were on star witness Caroline Ellison, who claims that there was indeed a fraud and blames Bankman-Fried for setting it all up.
The key witness this week was former FTX engineering chief Nishad Singh. Subsequent witnesses called by the prosecution were less relevant, earning them a ticking-off from the Judge.
The key witness this week was former FTX engineering chief Nishad Singh. Subsequent witnesses called by the prosecution were less relevant, earning them a ticking-off from the Judge.
Another week of the Sam Bankman-Fried trial has passed. All eyes were on star witness Caroline Ellison, who claims that there was indeed a fraud and blames Bankman-Fried for setting it all up.
Today, on October 4th, SBF will spend his first day in court almost one year after FTX collapse. He faces seven charges and if found guilty might spend his whole life in prison.
The Fed Board issued an enforcement action against 136-year-old Farmington State Bank, which has previously been associated with FTX founder Sam Bankman-Fried's Alameda Research.
The BALD meme-coin, deployed on Coinbase’s new layer-2 blockchain, which pumped 4,000,000% from launch before then plunging 90% when the developer suddenly removed liquidity, has been linked by some to Sam Bankman Fried and Alameda Research.
A recent photograph depicting disgraced ex-FTX and Alameda kingpin, Sam Bankman-Fried, near a New York office of the U.S. Department of Justice, has raised suspicions that he may be aiding the agency in a number of pending crypto investigations.
Earlier this month SBF was arrested in the Bahamas. The first hearing took place and he was released on a $250 million bond package. Here comes an update to the story.
