They said the relationship and her appointment to a role as chief executive at Alameda Research, FTX’s hedge fund affiliate, contributed to her committing crimes at Bankman-Fried’s direction. She testified at trial that that she divulged a massive fraud to employees even before FTX filed for...
Ryan Salame, former co-chief executive of FTX company, has agreed to forfeit his $5.9 million Bahamas property as part of a plea deal in a criminal case.
NEW YORK — Caroline Ellison, a former top executive in Sam Bankman-Fried ‘s fallen FTX cryptocurrency empire, was sentenced to two years in prison on Tuesday after she apologized repeatedly to everyone hurt by afraud that stole billions of dollarsfrom investors and customers of what ...
Former FTX Digital Markets CEO Ryan Salame is writing a memoir about his experiences working for SBF’s now-collapsed crypto exchange, a Monday X post by the once FTX executive reveals. Former FTX Exec Ryan Salame Writing Memoir About FTX, Alameda Research...
S&C acted as primary counsel for FTX.US, FTX Derivatives (formerly Ledger X) which was a subsidiary of FTX.US (‘LedgerX’), and Emergent (an entity owned by Sam that invested in Robinhood shares). S&C also acted as personal counsel to Nishad [Nishad Sin...
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, Aug 17, 2022. Jeenah Moon/Bloomberg via Getty Images, FILE The judge ultimately lent credence to concer...
FTX and its former chief executive officer, Democratic mega-donor Bankman-Fried, will be in congressional cross hairs next month as House and Senate panels probe the company's collapse. The House Financial Services and Senate Banking committees plan December hearings that will look at FTX's sudden...
The US has accused former FTX chief executive Sam Bankman-Fried of paying a $40mn bribe to one or more Chinese government officials in a revised indictment filed in federal court in Manhattan on Tuesday. Prosecutors allege Bankman-Fried sent the bribe in cryptocurrency to Chinese officia...
On November 17, Sheila Bair, the former Chair of the Federal Deposit Insurance Corporation (FDIC) during the financial crisis of 2008,went on CNBCto lament the lack of controls leading to the collapse of the crypto currency...
But while in prison, he met and became friends with such felons as Steven D. Wymer, whose Newport Beach companies bilked $105 million from cities from Orange County to Iowa, and Andrew Ligget, a convicted executive in Keating’s Lincoln Savings & Loan scandal. Ligget’s wife introduced Mink...