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sam bankman-fried / Заголовки новостей

The Sam Bankman-Fried Trial Is Revealing Crypto's Amateur-Hour Ways

Paradigm, BlockFi, Genesis and other companies did not have access to audited financial statements prior to investing or loaning billions to FTX, FTX. US. and Alameda Research, according to testimonies given in the trial of Sam Bankman-Fried. дальше »

2023-10-17 16:30

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FTX Debtors Settle Complex Dispute Over Asset Distributions

FTX Debtors have reached an agreement to settle customer property litigation asserting that some FTX customers should be given preferential treatment. The post FTX Debtors Settle Complex Dispute Over Asset Distributions appeared first on BeInCrypto. дальше »

2023-10-17 14:15

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FTX Plans to Return 90% of Customer Funds, But There's a Catch

An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved. дальше »

2023-10-17 09:32

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FTX Plans to Return 90% of Customer Funds, but There's a Catch

An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved. дальше »

2023-10-17 09:32

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FTX founder Sam Bankman-Fried’s trial day 9: Recap 

The third week of FTX founder Sam Bankman-Fried’s historic trial begins as a former FTX customer and former Chief Engineer Nishad Singh takes the stand.  дальше »

2023-10-17 00:54

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SBF trial day 9: FTX’s founder spent $1.3b on celebrity endorsements

Nishad Singh, former Alameda and FTX chief developer testified to $1.3 billion of customer funds invested in building Sam Bankman-Fried’s social capital and public image.  дальше »

2023-10-17 00:44

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Nishad Singh testifies on Sam Bankman-Fried’s ‘excessive’ investments through Alameda

The former FTX engineering director reportedly testified that SBF would “unilaterally spend Alameda’s money” and was “ultimately” in charge of the firm rather than Caroline Ellison. дальше »

2023-10-16 18:49

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Sam Bankman Fried’s trial hindered by lack of Adderall

Attorneys for the FTX founder have inquired about possibly administering extended-release ADHD medication to their client, citing his difficulties maintaining focus throughout the trial. In a letter dated Oct. дальше »

2023-10-16 14:04

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Israel-Hamas escalation; Revelations from SBF’s trial; Ferrari embraces crypto | Weekly Recap

This week saw the Israel-Hamas conflict escalate, with market analysts anticipating a potentially turbulent course for the crypto industry. A report from Bitfinex Alpha asserted heightened volatility in Bitcoin (BTC). дальше »

2023-10-16 18:22

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Bloomberg unveils Sam Bankman-Fried, FTX documentary 

Sam Bankman-Fried is currently on trial in New York City. Former FTX employees and executives are testifying, with Bankman-Fried's own statements in tweets being presented as evidence. дальше »

2023-10-16 17:56

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FTX founder Sam Bankman-Fried’s trial day 8: Recap 

The second week of Sam Bankman-Fried’s criminal trial concluded with BlockFi CEO blaming FTX and Alameda for its bankruptcy.  дальше »

2023-10-14 23:08

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Sam Bankman-Fried’s legal team moves to pursue theory on FTX terms of service

Lawyers petitioned the court to allow them to question witnesses for the prosecution based on FTX’s terms of service, as well as preclude testimony from “lay fact witnesses.” дальше »

2023-10-14 20:25

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SBF trial day 8: BlockFi’s Zac Prince blames FTX and Alameda for lender’s downfall

The second week of Sam Bankman-Fried’s criminal trial for fraud concluded with witness testimony from Zac Prince, whose crypto lending firm BlockFi loaned $1.1 billion to Alameda before FTX’s collapse. дальше »

2023-10-14 20:08

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Caroline Ellison: Secret recording offers trove of explosive revelations

Among many critical revelations about Alameda and FTX’s relationship, Caroline Ellison confirmed that Alameda always had access to customers’ funds at FTX. дальше »

2023-10-14 14:11

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FTX’s stolen crypto funds linked to Russian cybercrime networks

Blockchain analytics firm Elliptic has released new findings that suggest a Russian-linked entity may be behind the high-profile hack of cryptocurrency exchange FTX. The revelation comes as part of an ongoing investigation into the theft of a staggering $477 million… дальше »

2023-10-13 14:09

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SBF trial day 7: FTX lost $100m in Terra/UST crash

Defense attorney Mark Cohen cross-examined former Alameda Research CEO Caroline Ellison after the witness said Sam Bankman-Fried cajoled her into making misleading social media statements and ordered loan repayments funded with stolen customer crypto. дальше »

2023-10-13 02:49

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FTX founder Sam Bankman-Fried’s trial day 7: Recap 

Sam Bankman-Fried's trial enters into its seventh day, with witnesses testifying Alameda and FTX's mishaps led to an industry-wide cascading effect. дальше »

2023-10-13 02:38

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Multimillion FTX hack linked to Russian hackers: Elliptic

Blockchain intelligence company Elliptic has linked FTX’s $400 million hack to Russian hackers, citing the unsophisticated method of laundering employed by the attacker. Per Elliptic’s report, the attacker was converting the stolen funds to Bitcoin using Renbridge, a service owned by the bankrupt exchange sister company, Alameda Research. дальше »

2023-10-13 20:10

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Did SBF really use FTX traders’ Bitcoin to keep BTC price under $20K?

Bitcoin sales by FTX come to light as part of the SBF trial, as one prediction suggests that they stopped the BTC price from hitting $100,000. дальше »

2023-10-13 18:17

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FTX hacker moves $120M amid Sam Bankman-Fried trial: Report

Blockchain analytics firm Elliptic didn’t rule out the possibility of the $477 million hack being an FTX inside job.

дальше »

2023-10-13 17:31

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Kraken founder accuses ‘incompetent VCs’ of enabling ‘obvious fraud’ at FTX

Jesse Powell, Kraken’s founder, has expressed anger at the venture capital (VC) firms who invested in Sam Bankman-Fried’s (SBF) FTX, saying their incompetence enabled “obvious fraud. дальше »

2023-10-12 16:29

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Ex-employee exposes risk management flaws at FTX, Alameda

Former Alameda Research employee Aditya Baradwaj provided an inside look at the lack of risk management policies and procedures at cryptocurrency exchange FTX and trading firm Alameda Research. дальше »

2023-10-12 16:24

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Bitcoin stays its course below $27,000 despite wavering U.S inflation

Quick Take The latest U. S. Consumer Price Index (CPI) data reflects a nuanced picture, with Month-over-Month figures surpassing the consensus by 0. 1%. The numbers portray a subtly mixed economic landscape with a year-over-year inflation rate slightly surpassing consensus figures at 3. дальше »

2023-10-12 15:41

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How Alameda Research lost nearly $200M to security breaches

Aditya Baradwaj, a former engineer at Alameda Research, has disclosed how lax security practices within the now-defunct company led to substantial losses nearing $200 million. Baradwaj revealed that Sam Bankman-Fried (SBF), the founder of both Alameda and FTX, prioritized rapid company expansion over crucial risk management protocols. дальше »

2023-10-12 11:30

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FTX founder Sam Bankman-Fried’s trial day 6: Recap 

On day 6 of Sam Bankman-Fried's trial, Caroline Ellison revealed how the defendant forged several balance sheets to defraud lenders and bribed Chinese officials. дальше »

2023-10-12 02:13

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SBF trial day 6: FTX paid $100m in Chinese bribes to unfreeze $1b of investigated funds

Caroline Ellison, on day six of United States v Bankman-Fried, testified that FTX’s founder continued to lie to the public while liquidity and assets dried up behind the scenes. дальше »

2023-10-12 00:52

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Caroline Ellison provided 7 ‘alternative’ balance sheets hiding Alameda’s exposure to FTX

The former CEO testified that she had provided SBF seven options for spreadsheets with misleading information on Alameda’s financials to present to Genesis lenders. дальше »

2023-10-12 18:43

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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,… дальше »

2023-10-11 15:52

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Sam Bankman-Fried Wanted to Close Alameda in 2022, Unpublished Posts Show

He had hoped to continue Alameda as an investment firm and infrastructure developer, but claimed in the posts that Alameda wouldn’t actively trade. дальше »

2023-10-11 09:49

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SBF trial day 5: “I’m gonna be a POTUS one day”, Caroline Ellison quotes FTX’s founder

Week 2 of Sam Bankman-Fried’s trial in New York continued after premiere witness accounts from SBF’s inner circle as federal prosecutors pointed the jury to alleged fraudulent schemes masterminded by the FTX founder himself. дальше »

2023-10-11 01:53

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FTX founder Sam Bankman-Fried’s trial day 5: Recap

Bankman-Fried's girlfriend and Alameda's ex-CEO took the stand on the second week of the trial, revealing that SBF used customer funds for political lobbying. дальше »

2023-10-11 00:58

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Sam Bankman-Fried wanted to be President of the United States: Ellison

Caroline Ellison, former CEO of Alameda Research and business associate of Sam Bankman-Fried, testified in the  ex-FTX CEO’s fraud trial on Oct. 10. SBF for USA In addition to detailed testimony concerning crimes allegedly committed by and at the direction of Bankman-Fried, Ellison also described aspects of their personal intimate relationship in 2020. дальше »

2023-10-11 22:55

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Sam Bankman-Fried aspired to become US president, says Caroline Ellison

The former CEO of crypto exchange FTX also reportedly explored paying off Donald Trump from running for U.S. president again.

дальше »

2023-10-11 21:35

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Bitcoin’s hash rate surges as 2024 halving draws near

Quick Take Bitcoin’s hash rate, an essential indicator of network health and security, is in a robust upward trajectory, comfortably exceeding the 400 exahashes per second (eh/s) mark on a 30-day moving average. дальше »

2023-10-11 20:40

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Caroline Ellison blames Sam Bankman-Fried for misuse of FTX user funds at trial

Reports have suggested the former CEO of Alameda Research and SBF had largely been out of contact following the collapse of FTX in November 2022. дальше »

2023-10-11 19:54

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9 factors to consider when choosing a blockchain consensus mechanism

Both broad and narrow considerations come into play when choosing a blockchain project’s consensus mechanism.

дальше »

2023-10-11 19:00

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Alameda Held 47% of Minted Tether Supply, Claims Coinbase Boss

Alameda was responsible for minting almost half the supply of USDT between 2014 and 2021, while it provided liquidity for FTX. The post Alameda Held 47% of Minted Tether Supply, Claims Coinbase Boss appeared first on BeInCrypto. дальше »

2023-10-10 14:45

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Bankman-Fried's FTX Could Have Lost Over $1B Due to Lax Security Practices: Report

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. дальше »

2023-10-11 10:26

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FTX adviser rescued $500m during November 2022 hack

Kumanan Ramanathan who worked for a legal firm consulting for Sam Bankman-Fried’s crypto exchange was able to safeguard up to $500 million of customer funds on the day hackers attacked FTX. дальше »

2023-10-9 20:18

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Damning Revelation: Gary Wang Testifies FTX Faked Insurance Fund Data – Details

Gary Wang, the enigmatic co-founder and chief technology officer of the defunct cryptocurrency exchange FTX, provided an incriminating testimony during the ongoing criminal trial of Sam Bankman-Fried, marking the trial’s third day. дальше »

2023-10-9 15:00

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Prosecutors push to silence SBF on FTX’s Anthropic investment

Prosecutors have called for excluding details concerning Anthropic’s recent fundraising activities in the ongoing trial of FTX founder Sam Bankman-Fried. The DOJ and the defense have agreed on several issues that may be raised during witness testimony. However, they remain… дальше »

2023-10-9 11:28

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SBF’s trial begins, more layoffs, Israel at war with Hamas, Ripple secures another victory | Weekly Recap

This week, FTX founder Sam Bankman-Fried's trial began; the crypto sector witnesses more layoffs; a Hamas-led attack stuns Israel; Ripple vs. U.S. SEC continues. дальше »

2023-10-8 22:25

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What you need to know about FTX star witness Caroline Ellison

Caroline Ellison was CEO at FTX's sister firm, Alameda Research, as well as Sam Bankman-Fried's ex-girlfriend. The 28-year-old is expected to take the stand after FTX co-founder Gary Wang. дальше »

2023-10-8 18:04

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What to expect when FTX founder Sam Bankman-Fried’s trial resumes for day 5

Caroline Ellison, along with former FTX CTO Gary Wang, pleaded guilty in December. Since then, they have been working with the U.S. attorney’s office in Manhattan. дальше »

2023-10-7 18:50

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Here’s How Sam Bankman-Fried Allegedly Used Customer Funds On Alameda Research

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 revealed details about the connection between the cryptocurrency exchange and Alameda Research. дальше »

2023-10-8 18:00

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Here’s How Sam Bankman-Fried Allegedly Used Customer Funds On Alameda Research

Gary Wang, co-founder and former chief technology officer (CTO) of the now-bankrupt FTX exchange, again took the stand on day four of former CEO Sam Bankman-Fried’s criminal trial. The former FTX executive disclosed the relationship between the cryptocurrency exchange and Alameda Research. дальше »

2023-10-7 14:30

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SBF trial day 4: witness recounts Alameda’s $65b credit line and alleged unlimited FTX withdrawals

Gary Wang told prosecutors that Alameda Research withdrew more value from FTX than the exchange made from fees, owing $20 billion once, while Judge Kaplan reprimanded defense attorneys for repetitive questioning on SBF's trial day 4. дальше »

2023-10-7 00:21

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Sam Bankman-Fried ordered ‘special privileges’ for Alameda account on FTX — Gary Wang

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. дальше »

2023-10-7 20:09

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Ex-FTX founder Sam Bankman-Fried’s trial day 3: recap

Ex-FTX founder Sam Bankman-Fried's trial reached its third day on Oct. 5 in New York, where the prosecutor questioned Adam Yedidia дальше »

2023-10-6 12:10

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'We allowed Alameda to withdraw unlimited funds' — Gary Wang at SBF trial

According to FTX's former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison. дальше »

2023-10-6 23:39

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