SBF's testimony: FTX founder struck by amnesia during cross-examination

In today's hearing, SBF believed that most of his actions related to conversations with FTX's executives were in line with the retention policy drafted by the Chief Regulatory Officer However, The post SBF's testimony: FTX founder struck by amnesia during cross-examination appeared first on AMBCrypto.

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Sam Bankman-Fried Headed To Prison? FTX Engineer Drops Bombshells During Cross

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), continued on October 17 with the cross-examination of FTX’s former Director of Engineering Nishad Singh. In continuation of what was said from the previous day, Singh provided more details as to SBF’s wrongdoings while being cross-examined by SBF’s lawyer, Mark […]

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SBF said it was ‘okay’ that Alameda was borrowing FTX user funds

Weeks before the FTX collapse, a top executive raised concerns to founder and then CEO Sam Bankman-Fried (SBF) about Alameda’s significant debt to FTX, the New York Times (NYT) reported. The post SBF said it was ‘okay’ that Alameda was borrowing FTX user funds appeared first on CryptoSlate.

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SBF says latest revelation is “misleading” about FTX.US solvency

FTX founder Sam Bankman-Fried (SBF) said on January 17 that FTX US was solvent, adding that customers should be given access to their funds. The post SBF says latest revelation is “misleading” about FTX.US solvency appeared first on CryptoSlate.

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FTX Founder Sam Bankman Fried Will Enter Plea Over Fraud Case

Per a Reuters report, the founder and former CEO of FTX, Sam Bankman Fried (SBF), reached a deal with U. S. authorities. Following his extradition from the Bahamas, SBF was granted bail and allowed to go into the custody of his parents in Palo Alto, California.

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From A Penthouse To No Bed: FTX Founder Sent to Prison Unfit for Humanity

The co-founder and former CEO at failed crypto exchange FTX, Sam Bankman-Fried (SBF), was taken into custody by Bahamian authorities. According to recent reports, SBF was taken to one of the worst prisons in the world, called Fox Hill.

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Max Keiser Riles up XRP and ETH Community with Recent Comments

SEC filed its charges against FTX's Sam Bankman-Fried (SBF)

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US authority alleges that SBF donated to politicians using other people’s name

An indictment filed by the Southern District of New York (SDNY) alleged that the arrested FTX founder Sam Bankman-Fried made political donations in the name of other persons. The post US authority alleges that SBF donated to politicians using other people’s name appeared first on CryptoSlate.

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FTX CEO John Ray's Congressional testimony reveals SBF's poor management

The United States House Committee on Financial Services heard the testimony of John Ray III, the man in charge of cleaning up the mess at the bankrupt crypto exchange FTX. As the new CEO and Chief ResThe post FTX CEO John Ray's Congressional testimony reveals SBF's poor management appeared first on AMBCrypto.

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What you need to know: FTX CEO John Ray testimony before Congress, SBF denied bail

On December 13 at 10 am ET, John J.

The post What you need to know: FTX CEO John Ray testimony before Congress, SBF denied bail appeared first on CryptoSlate.

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CryptoSlate Wrapped Daily: SBF faces 8 criminal charges; Binance reportedly has billions in undisclosed reserves

The biggest news in the cryptoverse for December 13 includes the arrest of former FTX CEO Sam Bankman-Fried, the testimony of FTX’s new CEO John Ray on what led to the exchange’s failure and Binance reportedly having billions stored away in secret reserves.

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'You can commit fraud in shorts and T-shirts in the sun,' says SDNY attorney on SBF indictment

Damian Williams called on individuals who may have been involved in alleged illegal actions at FTX and Alameda to “come see us before we come see you,” hinting at future arrests.

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The Arrest of Sam Bankman-Fried Only Marks The Start Of Expected Lengthy Legal Proceedings

Media is awash with the news that Sam Bankman-Fried (SBF), the former CEO of the collapsed FTX cryptocurrency exchange, was arrested by Bahamas law enforcement on Monday, Dec 12, 2022. Authorities and crypto investors are keenly following the developments of SBF’s arrest, with the ensuing legal proceedings expected to throw more light on what led […]

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SBF accused of 8 criminal charges in SDNY indictment

The indictment filed by the US Attorney for the Southern District of New York (SDNY) Damian Williams for the arrest of FTX founder Sam Bankman-Fried includes eight criminal charges. The post SBF accused of 8 criminal charges in SDNY indictment appeared first on CryptoSlate.

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SBF tried to buy off Washington, says Congressman Patrick McHenry

Sam Bankman-Fried (SBF) was recently arrested by authorities in The Bahamas and has been charged by the US SEC. Patrick McHenry revealed that the former FTX chairman tried to buy off Washington. FTX’s collapse continues to make headlines in the crypto market.

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SEC: Сэм Бэнкман-Фрид построил карточный домик на лжи

Комиссия по ценным бумагам и биржам США (SEC) предъявила обвинения Сэму Бэнкману-Фриду (SBF) в обмане инвесторов FTX и использовании средств клиентов торговой платформы. Согласно иску, как минимум с мая 2019 года FTX привлекла более $1,8 млрд, в том числе около $1,1 млрд от примерно 90 американских инвесторов.

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SEC charges Sam Bankman-Fried with defrauding the US clients

The US SEC, in a recent press release, revealed charges on SBF amid FTX's collapse. The watchdog says SBF deceived clients and robbed them off.

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CFTC Slaps FTX’s SBF with Fraud Charges

The CFTC has followed the Justice Department and the SEC by filing fraud charges against former FTX CEO Sam Bankman-Fried

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SEC Charges SBF Of Allegedly Conducting Fraud Schemes

The crypto community was left shell-shocked in November 2022 when FTX – one of the leading crypto exchange platforms, filed for bankruptcy. Pessimism towards crypto is at an all-time high, with famous investors like Warren Buffet seemingly right about the risks involved.

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SBF Planned to Blame Everyone Else but Himself for FTX Collapse, Leaked Documents Reveal

Coinspeaker SBF Planned to Blame Everyone Else but Himself for FTX Collapse, Leaked Documents Reveal Disgraced FTX ex-CEO SBF was planning to blame everyone else except himself in a leaked testimony intended for a Congress hearing.

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CFTC files lawsuit against Sam Bankman-Fried, FTX, and Alameda for fraud

According to the federal regulator, SBF and FTX companies "used FTX customer funds for a variety of personal expenditures" including real estate and private jets.

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SEC charges SBF with defrauding investors

SEC states Sam Bankman-Fried “concealed his diversion of FTX customers’ funds to crypto trading firm Alameda Research while raising more than $1. 8 billion from investors The Securities and Exchange Commission on December 13, charge SBF with “orchestrating a scheme to defraud equity investors in FTX Trading Ltd (FTX)” Since May, 2019, FTX raised over $1.

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FTX’s Founder Sam Bankman Fried Arrested In The Bahamas

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FTX CEO John Ray blames collapse on ‘inexperienced and unsophisticated individuals’ in testimony following SBF arrest

FTX CEO John Ray III December 13 testimony to the United States Congress revealed that the bankrupt exchange commingled assets and stored wallets’ private keys without encryption. The post FTX CEO John Ray blames collapse on ‘inexperienced and unsophisticated individuals’ in testimony following SBF arrest appeared first on CryptoSlate.

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Now that former FTX CEO Sam Bankman-Fried is arrested, this is what you can expect

Sam Bankman-Fried arrested on 13 December A federal investigation will probe the allegations against SBF The United States Attorney's Office for the Southern District of New York announced tThe post Now that former FTX CEO Sam Bankman-Fried is arrested, this is what you can expect appeared first on AMBCrypto.

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Top US Lawmaker Says FTX Hearing Will Continue Without Sam Bankman-Fried

House Financial Services Committee Chairwoman Maxine Waters said she was 'surprised' and 'disappointed' to hear of SBF's arrest.

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Cathie Wood is Bullish on Bitcoin and DeFi, Shades SBF

CEO of Ark Investment Management, Cathie Woods, remains bullish on Bitcoin despite FTX collapse, while shading Sam Bankman-Fried. The post Cathie Wood is Bullish on Bitcoin and DeFi, Shades SBF appeared first on BeInCrypto.

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FTX: All about SBF's "well-thought" investments, political connects, and more...

SBF’s political donations could have been aimed at influencing policy around the crypto space  SBF had influence over institutional investors Sam Bankman Fried (SBF), the founder of the nThe post FTX: All about SBF's "well-thought" investments, political connects, and more... appeared first on AMBCrypto.

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FTT traders stand in a high-risk zone amid SBF's plans to relaunch token

FTT raced to double-digits uptick after SBF endorsed trader’s recovery plan opinion On-chain profit and loss remained in the same region FTX Token [FTT] recorded a 30.39% increase in less The post FTT traders stand in a high-risk zone amid SBF's plans to relaunch token appeared first on AMBCrypto.

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SBF tried to destabilize crypto market to save FTX: Report

Trades made by Alameda Research were reportedly focusing on depeg Tether's stablecoin.

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CryptoSlate Wrapped Daily: CZ, SBF trade jabs in Twitter feud; Bitcoin firmly in capitulation phase

The biggest news in the cryptoverse for December 9 includes a Twitter sparring between  Binance CEO Changpeng Zhao and former FTX CEO Sam Bankman-Fried, and Hut8, Riot, and Marathon are emerging as the only public miners that increased their BTC holdings in November.

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Who’s expected to testify before Congressional hearings on FTX?

FTX CEO John Ray, actor Ben McKenzie and law professor Hilary Allen have been confirmed, while SBF, Kevin O'Leary, and Alameda CEO Caroline Ellison could still testify.

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The Block CEO resigns after failing to disclose $43 million in personal loans from Alameda Research

Crypto news outlet The Block’s CEO Michael McCaffrey has resigned after failing to disclose a series of loans from Alameda Research – a company linked to former FTX head Sam Bankman-Fried (SBF).

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The Block CEO resigns after failing to disclose $27 million in personal loans from Alameda Research

Crypto news outlet The Block’s CEO Michael McCaffrey has resigned after failing to disclose a series of loans from Alameda Research – a company linked to former FTX head Sam Bankman-Fried (SBF).

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FTX’s SBF Fails to Respond to Request to Testify at Senate Hearing

Pennsylvania Senator Pat Toomey says that he expects FTX’s Sam Bankman-Fried to testify next week

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SBF lashes on CZ regarding the CEO’s remarks about him

In a recent Twitter thread, SBF took it out at CZ regarding Binance's earlier deal with FTX, claiming that CZ had already won and needed not to come at him.

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CZ and SBF duke it out on Twitter over failed FTX/Binance deal

The former FTX CEO claimed that Binance “threatened to walk at the last minute” without an additional $75 million, accusing CZ of lying about his role in the deal.

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Sam Bankman-Fried will testify on December 13

According to a recent tweet, former FTX CEO SBF, will testify before the US House of Financial Services on December 13. However SBF affirms that that lack of information could constrain this development.

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SBF pushes FTX restart idea by issuing FTT tokens to creditors

FTX former CEO Sam Bankman-Fried supports restarting the bankrupt exchange by issuing new FTT tokens to creditors and giving 100% profits to token holders. The post SBF pushes FTX restart idea by issuing FTT tokens to creditors appeared first on CryptoSlate.

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SBF 'willing' to testify at House hearing on the FTX collapse

Despite missing a response deadline, Sam Bankman-Fried says he’s willing to testify at a U.S. House hearing into the collapse of FTX.

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SBF ‘willing’ to testify at House hearing on the FTX collapse

Despite missing a response deadline, Sam Bankman-Fried says he’s willing to testify at a U.S. House hearing into the collapse of FTX.

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Crypto price predictions: FTX Token, Fetch.ai, Cortex (CTXC)

Cryptocurrencies were still in a somber mood this week. FTX Token rose by more than 30% despite SBF legal woes. Fetch. ai token surged after a staking announcement by Binance US. Cryptocurrency prices remained in a tight range this week as investors focused on macro issues in the United States.

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7 class action lawsuits have been filed against SBF so far, records show

Sam Bankman-Fried has been the subject of many lawsuits and investigations since the collapse of FTX, with more likely to follow.

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How Taylor Swift Avoided Bad Blood With Sam Bankman-Fried

Many public figures who endorsed FTX are in trouble. But how did the American singer Taylor Swift dodge the SBF Bullet? The post How Taylor Swift Avoided Bad Blood With Sam Bankman-Fried appeared first on BeInCrypto.

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US Rep Maxine Says A Subpoena On FTX’s Sam Bankman-Fried Is “On The Table” As Calls For His Probe Intensify

House Financial Services Committee Chair Maxine Waters has confirmed they will subpoena Sam Bankman Fried (SBF) if the disgraced ex-FTX CEO fails to turn up for a probe session at Capitol Hill following an earlier “request.

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Castles Made of Sand Dollars: SBF, FTX, and other Three Letter Agents

How stablecoins and the unstable con, Sam Bankman-Fried, built a corrupt castle of sand and how it all washed out.

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FTX saga continues as this Committee Chair insists on getting SBF's testimony

Committee Chair Maxine Waters stated that she expects SBF to testify before the House committee Australian Regulatory body accused FTX Australia of exploiting loopholes to get licensed As moThe post FTX saga continues as this Committee Chair insists on getting SBF's testimony appeared first on AMBCrypto.

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SBF reportedly hires Ghislaine Maxwell’s attorney, Mark Cohen

Bankrupt FTX founder Sam Bankman-Fried (SBF) has hired white-collar defense attorney Mark S. The post SBF reportedly hires Ghislaine Maxwell’s attorney, Mark Cohen appeared first on CryptoSlate.

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Kevin O’Leary defends SBF, says FTX should be audited

O’Leary said that the truth about FTX can be discovered thanks to the unique nature of blockchain technology.

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