Auto Added by WPeMatico

Solana’s Strong Recovery in 2023: SOL vs ETH Ratio Hits Yearly Highs

Solana had a strong association with FTX, and the latter’s collapse last year had significant repercussions for the SOL token. However, the seventh-largest crypto-asset has pursued a strong recovery this…

Continue ReadingSolana’s Strong Recovery in 2023: SOL vs ETH Ratio Hits Yearly Highs

Accounting Prof Exposes Mishandling of Customer Funds During FTX Trial

A renowned accounting professor from the University of Notre Dame, Peter Easton, has delivered a stark revelation during the Sam Bankman-Fried trial. Easton’s meticulous analysis of Alameda Research and FTX’s…

Continue ReadingAccounting Prof Exposes Mishandling of Customer Funds During FTX Trial

From Bill Clinton to NYC Mayor Adams: SBF’s Political Entanglements That Endanger His Defense

New details show that Bankman-Fried had a packed schedule in September 2022, with meetings involving influential individuals less than two months before the exchange’s downfall. From close connections with Bahamian…

Continue ReadingFrom Bill Clinton to NYC Mayor Adams: SBF’s Political Entanglements That Endanger His Defense

FTX Stakes About $170 Million in SOL, ETH, and MATIC Amidst SBF’s Trial

The bankrupt cryptocurrency exchange has staked close to $170 million in several crypto assets, including Solana, Ethereum, and MATIC. Blockchain data revealed that the defunct platform has staked over 5.5…

Continue ReadingFTX Stakes About $170 Million in SOL, ETH, and MATIC Amidst SBF’s Trial

FTX Executive Details Sam Bankman Fried’s “Excessive” Spending On Celebrity Deals

Nishad Singh – FTX’s former director of engineering – revealed more details about the crypto exchange’s profligate spending during his testimony at Sam Bankman-Fried’s fraud trial on Monday. Singh pled…

Continue ReadingFTX Executive Details Sam Bankman Fried’s “Excessive” Spending On Celebrity Deals

Inside FTX Crypto Courtroom Drama: The First 2 Weeks of the Wild SBF Trial

In a wild twist of fate, the crypto world’s foundation trembled as the FTX empire crumbled last year, leaving its founder, Sam Bankman-Fried, standing trial for a fraud of epic…

Continue ReadingInside FTX Crypto Courtroom Drama: The First 2 Weeks of the Wild SBF Trial

The Most Outrageous Confessions by Caroline Ellison in the Case Against SBF

TL;DR SBF Trial reveals manipulation of Alameda’s funds, resulting in $10 billion in outstanding loans. Scheme involving frozen Chinese government funds explored, including negotiation, using crypto addresses, and bribery. Ellison…

Continue ReadingThe Most Outrageous Confessions by Caroline Ellison in the Case Against SBF