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Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys. Go to Source
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising questions about the firm’s practices and the risks it missed. “Prager’s … Read more
The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards. Go to Source
Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her extensive cooperation with authorities and personal acceptance of responsibility for her actions. Caroline Ellison’s Lawyers Push for No Jail Time in FTX Fraud Case In … Read more
Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him a fair trial and seek a retrial with a different judge. Sam Bankman-Fried’s Appeal Targets Conviction Over Alleged Legal Missteps In an appeal filed with … Read more
Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial, was convicted of seven felony counts, and was sentenced to 25 years in prison. Go to Source
At a Sept. 12 hearing, Judge Lewis Kaplan moved up Ryan Salame’s reporting date by two days and considered vacating his guilty plea. Go to Source
Caroline Ellison’s ex-boyfriend, Sam Bankman-Fried, was sentenced to 25 behind bars for his role in the collapse of the FTX exchange. Go to Source
The elusive former CEO of Alameda Research will return to court on Sept. 24 for sentencing after pleading guilty to fraud and money laundering in 2022. Go to Source
A filing in federal court suggested that the former Alameda Research CEO had a sentencing hearing scheduled for Sept. 24 — the first in the FTX case since Ryan Salame’s in May. Go to Source
