SBF Trial Day 7 – Audio recordings reveal Ellison told Alameda employees about misuse of customer funds days before collapse

After an intense three days on the witness stand, Caroline Ellison, a former top deputy to FTX founder Sam Bankman-Fried (SBF), wrapped up her testimony on Oct. 12. The day was characterized by emotional revelations, critical audio recordings, and frequent judicial interventions.

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Alameda Research’s $190 Million Loss Linked To Inadequate Security, Insider Reports

Amidst the ongoing legal proceedings, a fresh wave of testimonies has emerged against Sam Bankman-Fried (SBF) and his operations. In this particular instance, outside the courtroom, a former engineer at Alameda Research, the sister hedge fund of FTX, has come forward with revelations of substantial losses in trading funds totaling at least $190 million. Aditya […]

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Alameda Research whistleblower reveals shocking $190M losses

Whistleblower Aditya Baradwaj shared these shocking details in a post titled "The Hacks" These revelations from the former engineer come amid ongoing legal proceedings involving FTX founder SamThe post Alameda Research whistleblower reveals shocking $190M losses appeared first on AMBCrypto.

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Alameda Research Accused Of Bribing Chinese Officials To Recover $1 Billion In Exchange Accounts

During the trial of Sam Bankman-Fried, the founder of crypto exchange FTX, shocking revelations emerged from the testimony of former Alameda Research CEO Caroline Ellison.   According to a TechCrunch report, Ellison testified that the crypto trading firm paid Chinese officials to unlock their Alameda trading accounts on OKX and Huobi in China.

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BREAKING: Bitcoin Price Manipulation Unveiled? Caroline Ellison And SBF’s Plot To Suppress BTC Under $20K

In a dramatic turn of events involving the Bitcoin price (BTC) during the trial of Sam Bankman-Fried, founder of FTX, shocking revelations have emerged from the testimony of his ex-girlfriend and former head of Alameda Research, Caroline Ellison.

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What we’ve learned from Sam Bankman-Fried’s trial so far

The trial of Sam Bankman-Fried, the founder of FTX, has presented a slew of astonishing revelations, ranging from SBF’s involvement in Washington to the purpose of the FTT token. Bankman-Fried stands accused of embezzling billions from FTX customers and investors,…

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Secrets Unveiled As Caroline Ellison Prepares To Testify Against FTX’s Sam Bankman-Fried

More revelations have come to light since the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), commenced last week. Part of these secrets include the alleged illegalities that went on in FTX and its sister company, Alameda Research.

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Sam Bankman-Fried: Important Highlights From Day 1 As FTX Founder’s Trial Commences

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), began yesterday with the jury selection taking place. In line with this, the court proceedings began with the voir dire process, with certain revelations made on the first day in court. How Day 1 Of SBF’s Trial Went In a […]

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FTX Executives Knew of $8.9 Billion in Missing Customer Funds in August 2022

The latest report from FTX and its debtors contains startling revelations. Namely that the disgraced crypto exchange knew of a more than $8 billion hole as far back as April 2022. The post FTX Executives Knew of $8.

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SEC’s crypto actions surged 183% in 6 months after FTX collapse

The regulator stepped up enforcement actions in the crypto space following the revelations around FTX.

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Only half of top 60 crypto companies have an external auditor

After the collapse of FTX and revelations about its lax business practices, investors and the crypto community at large want companies to uphold higher standards but the results of a recent Bloomberg survey indicate that most crypto firms are still shrouded in a veil of mystery and following their own rules.

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New York’s Financial Regulator Takes Aim At Firms Commingling Funds After New FTX Regulations

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After the FTX Collapse, What Should Crypto Fix Next to Focus on Widespread Adoption?

The collapse of FTX and other significant events within the cryptocurrency sector have caused doubts about the adoption rate of cryptocurrencies. However, it is important to note that cybersecurity remains a critical issue that the cryptocurrency industry must address, even in the face of fraud revelations.

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The FTX Meltdown Calls for Higher Standards in Crypto Journalism

Revelations that Bankman-Fried secretly funded crypto news publisher The Block deepened mistrust of the crypto industry.

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Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter

Former FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the company.

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FTX Fraud: More Bombshell Revelations in New Bankruptcy Filing

Lies, embezzlement, incompetence, and several instances of fraud are some of the subjects discussed in the new filing. A Complete Failure of Corporate Controls Things are going from bad to...

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Jim Cramer: The level of arrogance from crypto enthusiasts is shocking

Jim Cramer says the level of arrogance seen from crypto proponents is just shocking. The ‘Mad Money’ host’s remarks come at a time the crypto industry is looking to navigate the turbulence that followed the stunning revelations of fraud at the crypto exchange FTX.

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Art & Blockchain: Interview with HOFA Gallery co-founder

It’s been a crazy week for cryptocurrency news, as one of the world’s largest exchanges, FTX, abruptly filed for bankruptcy following revelations about the misappropriation of client assets.

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Binance to liquidate its entire FTX Token holdings after ‘recent revelations’

Binance CEO Changpeng Zhao cited “recent revelations” as the reason for the liquidation, noting the sale of its tokens could take months to complete due to the size of its position.

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Binance Will Liquidate All of Its FTX Token Holdings

Changpeng “CZ” Zhao, the CEO of Binance, announced on Sunday that his trading platform is selling its ownership of FTT, a competitor platform of FTX’s native asset. Zhao made mention of ‘new revelations that have come to light,’ but he…

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Binance To Liquidate FTX’s FTT Holdings “Due To Recent Revelations”

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Fears of Terra Luna style collapse of FTX native token FTT as Binance liquidates its holdings

FTX’s native token FTT has experienced a volatile weekend as Binance began liquidating its tokens due to “recent revelations that have came [sic] to light,” according to Binance CEO CZ.

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