Court – Page 8 – Miami Crypto Coin

Sam Bankman-Fried blamed Binance for balance sheet leak to media: Court evidence

Post author:MiamiCrypto
Post published:October 12, 2023
Post category:Binance Court Fraud ftx FTX Token Sam Bankman-Fried Trial

An internal document was revealed in court showing Sam Bankman-Fried believed Binance leaked Alameda’s balance sheet to the media in 2022.

Court approves Genesis settlement of $175M to FTX, expunges billions in claims

Post author:MiamiCrypto
Post published:October 12, 2023
Post category:Bankruptcy Court ftx law

Genesis previously reportedly said that the $175 million settlement was “fair and equitable,” while FTX creditors wanted to contest it.

Caroline Ellison testimony: SBF bribed Chinese officials for $150M to unfreeze funds

Post author:MiamiCrypto
Post published:October 12, 2023
Post category:Court ftx FTX Token Sam Bankman-Fried Trial

Caroline Ellison, the star witness in the Sam Bankman-Fried criminal trial, testified that SBF tried to use identities linked to Thai sex workers to unfreeze funds before bribing Chinese officials…

Sam Bankman-Fried considered selling FTX equity to Saudi crown prince, says Caroline Ellison

Post author:MiamiCrypto
Post published:October 11, 2023
Post category:Court ftx Investments Regulation Sam Bankman-Fried Saudi Arabia

Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried’s criminal trial, delving into potential investments prior to FTX’s bankruptcy.

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

Post author:MiamiCrypto
Post published:October 11, 2023
Post category:Court Crimes ftx law Regulation Sam Bankman-Fried

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.

SBF’s lawyers ask court to allow introduction of Anthropic evidence

Post author:MiamiCrypto
Post published:October 11, 2023
Post category:Court Department of Justice ftx Sam Bankman-Fried Trial

Sam Bankman-Fried’s lawyers asked Judge Kaplan in a letter to allow the defense to use evidence of its venture investment into Anthropic from April 2022.

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

Post author:MiamiCrypto
Post published:October 10, 2023
Post category:Court Crimes ftx Regulation Sam Bankman-Fried

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

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

Post author:MiamiCrypto
Post published:October 10, 2023
Post category:Court Crimes ftx law Regulation Sam Bankman-Fried

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.

What is going on with Sam Bankman-Fried’s defense?

Post author:MiamiCrypto
Post published:October 9, 2023
Post category:Court ftx Sam Bankman-Fried

Former FTX CEO Sam "SBF" Bankman-Fried has been on trial since Oct. 3, but his legal counsel has yet to present a compelling narrative to support his defense.

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

Post author:MiamiCrypto
Post published:October 6, 2023
Post category:Court Crimes ftx law Regulation Sam Bankman-Fried

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.