Ellison, ex-CEO of Alameda Research, is set to be sentenced for her role in the FTX fraud case. Her cooperation was crucial in securing FTX founder's conviction, highlighting the need for stricter oversight in the cryptocurrency industry. ...
In addition, the recent push in the US toward regulated stablecoins/deposit tokens and away from a direct-issued CBDC has other motives. While this push is at least partially motivated by the “bad reputation” that the term stablecoin has developed in the aftermath of the TerraLuna fraud ...
According to thelawsuit, Silvergate is liable for its role in “furthering FTX’s investment fraud” and has an obligation to return what they owe to the plaintiff and other investors. The Plaintiff is represented in the legal proceedings byGirard SharpandHartley LLP. ...
After his case went to trial, SBF was found guilty of seven different counts of conspiracy and fraud charges. According to the prosecutors, SBF’s fraud began in 2019 and continued till November 2022, when FTX collapsed. What was Caroline Ellison accused of? Caroline Ellison, who was Sam’s...
Look, at this point, I’m not even sure Bankman-Fried correctly executed the arbitrage trade he is supposedly famous for. That’s because when he made FTX, he took outside investment — not exactly what you’d expect from someone who’s printing money on arbitrage plays. According...
And that includes when that money is either in the form of crypto, or comes from people who made their fortunes in digital assets. /jlne.ws/3H7Izdb Citi CEO Whisperer Nudges Wall Street Into Political Minefields; Ex-investment banker Sara Wechter was in her 20s when she started shaping ...
Bankman-Fried’s ex-girlfriend and the ex-CEO of the hedge fund he owned, testified Tuesday in the federal fraud trial against the former head of FTX. Here are
Commission charged Michael Wayne Williams, an investment adviser formerly registered with the State of Georgia and currently residing in Miami, Florida, and two businesses controlled by him, Highguard Capital, LP, and Guardian Opportunity Management, LP, with conducting a multipart offering fraud. ...
“I reviewed my ethical obligations that evening and felt that there was substantial risk that I would be used to further additional fraud in connection with the additional investment efforts if I stayed on. In addition, I no longer trusted Sam, Gary, or Nishad,...
In FTX�s final days, as concerned customers started withdrawing their deposits, Bankman-Fried tweeted �FTX is fine. Assets are fine�. It appears the jury did not accept he truly believed this at the time. The verdict is a salutary warning about the dangers of unregulated fin...