Auto Added by WPeMatico

FTX used Python code to fake its insurance fund figure: Gary Wang

FTX’s so-called “Backstop Fund” figure was a big lie, according to the former chief technology officer of the crypto exchange

Continue ReadingFTX used Python code to fake its insurance fund figure: Gary Wang

Sam Bankman-Fried’s political donations can be surfaced in trial, rules judge

Despite campaign finance charges being dropped in July, the prosecution has been granted permission to present evidence of Bankman-Fried’s political donations in his upcoming fraud trial.

Continue ReadingSam Bankman-Fried’s political donations can be surfaced in trial, rules judge

Toughen up. Mt. Gox’s ex-CEO only had a ‘little calculator’ to prepare for trial

Mark Karpelès was seemingly drawing parallels to Sam Bankman-Fried's recent antics, claiming to have gotten through 20,000 pages of evidence in pre-trial detention with only a "simple calculator."

Continue ReadingToughen up. Mt. Gox’s ex-CEO only had a ‘little calculator’ to prepare for trial