FTX Creditors' Lawyers Promote Deal Giving Investors 90% of What's Left in SBF's Empire

2023-10-24 22:18

A deal was secured to pay those who had money at defunct FTX as much as 90% of the assets that remain, and now the lawyers representing some creditors are trying to get enough of those investors on board to make it happen.

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lawyers ftx those creditors deal investors representing

Èñòî÷íèê: coindesk.com

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SBF Trial – Defense grills Singh over personal spending despite knowing FTX was misusing customer funds

Nishad Singh, the former director of engineering at FTX, continued to testify and underwent rigorous cross-examination by defense lawyers on the tenth day of the Sam Bankman-Fried (SBF) trial. Singh, who has previously stated that he felt intimidated and humiliated by SBF, continued to reveal insights into the inner workings of the cryptocurrency exchange and […] The post SBF Trial – Defense grills Singh over personal spending despite knowing FTX was misusing customer funds appeared first on CryptoSlate.

2023-10-18 04:24


SBF looks to Anthropic investment as Judge denies cross examination of Gary Wang

In the ongoing criminal trial of Sam Bankman-Fried, attorneys for the FTX founder filed new letter motions related to the cross-examination of two key prosecution witnesses. In a letter Monday, Bankman-Fried’s lawyers asked Judge Lewis Kaplan for permission to question Gary Wang on the involvement of attorneys in structuring loans from Bankman-Fried’s trading firm Alameda […] The post SBF looks to Anthropic investment as Judge denies cross examination of Gary Wang appeared first on CryptoSlate.

2023-10-11 09:53


SBF’s Legal Team Digs Deep Into Gary Wang’s $300 Million Alameda Loans Testimony

In recent events, the loans taken from Alameda Research have been scrutinized, with lawyers representing Sam Bankman-Fried, also known as SBF, seeking clarity from FTX co-founder Gary Wang. SBF Lawyers Into The Loan’s Legalities Sam Bankman-Fried, the founder of the now-defunct FTX exchange, seems to be in a tangle over the loans given out by […]

2023-10-11 01:00


FTX Sam Bankman-Fried’s October Trial Date No Longer A Sure Thing

Disgraced FTX Founder Sam Bankman-Fried’s (SBF) trial is set to begin on October 3. However, a recent development suggests that his trial date could be pushed back.   Judge Kaplan Could Delay FTX Founder Trial Date According to a Reuters report, Judge Lewis Kaplan, the judge in charge of SBF’s case, said he could consider delaying the trial slated for October 3 to give SBF and his lawyers more time to review discovery documents and prepare their defense.

2023-9-1 18:00


U.S. government hits Bankman-Fried and attorneys with 4 million pages of discovery documents

U. S. prosecutors have just unloaded a massive amount of discovery documents, according to lawyers for former FTX CEO Sam-Bankman Fried on Aug. 25. In the relevant court filing, lawyers broadly objected to the government’s intention of opening access to discovery materials — that is, evidence and legal information — while Bankman-Fried is held at the […] The post U.

2023-8-26 03:30


Sam Bankman-Fried pleads not guilty as lawyers complain about neglected vegan diet, prescription medications

FTX founder and former CEO Sam Bankman-Fried has once again pleaded not guilty to criminal charges brought against him in connection with the collapse of the exchange. That report indicates that Bankman-Fried appeared in court for the first time since his bail was revoked in early August, as lawyers raised complaints about his holding conditions […] The post Sam Bankman-Fried pleads not guilty as lawyers complain about neglected vegan diet, prescription medications appeared first on CryptoSlate.

2023-8-23 23:00


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FTX looking to sell off Solana holdings via blind auction

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