ftx – Page 13 – Miami Crypto Coin

Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 12]

Post author:MiamiCrypto
Post published:October 19, 2023
Post category:Cryptocurrency Exchange Fraud ftx FTX Token Sam Bankman-Fried Trial

The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.

Nishad Singh says there was ‘a lot’ he didn’t remember about FTX in 2022 — SBF trial

Post author:MiamiCrypto
Post published:October 17, 2023
Post category:Court Crimes ftx Regulation Sam Bankman-Fried

Sam Bankman-Fried's defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16.

SBF and Caroline Ellison conspired to keep Bitcoin under $20K, but did it work?

Post author:MiamiCrypto
Post published:October 16, 2023
Post category:Caroline ftx manipulation Markets SBF short

SBF, Caroline Ellision, Alameda and FTX may have conspired to keep Bitcoin price below $20,000, but is it actually possible and worth the effort?

Former FTX engineering director faces up to 75 years in prison following guilty plea

Post author:MiamiCrypto
Post published:October 16, 2023
Post category:Court Crimes ftx law Regulation Sam Bankman-Fried

Nishad Singh's testimony was seemingly part of prosecutors' strategy to establish Sam Bankman-Fried had been behind Alameda Research using FTX user funds.

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

Post author:MiamiCrypto
Post published:October 16, 2023
Post category:Court Crimes ftx Investments Regulation Sam Bankman-Fried

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.

Sam Bankman-Fried requests long-acting Adderall to focus during trial

Post author:MiamiCrypto
Post published:October 16, 2023
Post category:adderall Court criminal ftx Sam Bankman-Fried SBF SDNY Trial

Lawyers for the FTX founder have asked if he can take long-release ADHD medication as he’s been unable to properly concentrate during his trial.

Caroline Ellison desired to step down but feared a bank run on FTX

Post author:MiamiCrypto
Post published:October 13, 2023
Post category:Bankruptcy ftx Sam Bankman-Fried

Former Alameda CEO Caroline Ellison recognized she wasn't doing a good job months before the company filed for bankruptcy, but Sam Bankman-Fried persuaded her to stay.

Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 8]

Post author:MiamiCrypto
Post published:October 13, 2023
Post category:Cryptocurrency Exchange Fraud ftx FTX Token Sam Bankman-Fried Trial

The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.

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

Post author:MiamiCrypto
Post published:October 13, 2023
Post category:Court Crimes ftx law Regulation Sam Bankman-Fried

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”.

Caroline Ellison: Secret recording offers trove of explosive revelations

Post author:MiamiCrypto
Post published:October 13, 2023
Post category:Cryptocurrencies Cryptocurrency Exchange ftx Sam Bankman-Fried

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