Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 4]
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Go to Source
Sam Bankman-Fried
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Sam Bankman-Fried ordered ‘special privileges’ for Alameda account on FTX — Gary Wang
FTX’s former chief technology officer reportedly claimed in court that then CEO Sam Bankman-Fried authorized Alameda Research’s account to trade more funds than it had available. Go to Source
FTX deposits went to account controlled by Alameda for months, Yedidia testifies
Yedidia was involved in writing a buggy program to automate FTX customer deposits and withdrawals and was concerned by the size of the Alameda Research liability on the FTX books. Go to Source
‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial
According to FTX’s former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison. Go to Source
Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 3]
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Go to Source
College roommate talked to Sam Bankman-Fried about FTX’s $8B hole on a paddle tennis court: Trial
Adam Yedidia, a former developer at FTX, testified regarding his knowledge of the crypto exchange’s use of funds, claiming “Alameda had used customer deposits to pay its loans”. Go to Source
Sam Bankman-Fried’s jets are subject to forfeiture, says prosecution
The U.S. Department of Justice says the two jets purchased by Bankman-Fried via FTX are now property that is subject to forfeiture due to charges brought against SBF. Go to Source
FTX exploiter moves $36.8M in Ether as Sam Bankman-Fried trial starts
While the exploiter initially held 175,496 ETH ($294 million), the current balance in their portfolio has come down to $196.014 million after a series of transfers. Go to Source
Cocoa broker testifies to Bitcoin holdings on FTX in Sam Bankman-Fried trial
London-based cocoa broker Marc-Antoine Julliard responded to questions from prosecutors on crypto he held on FTX in November 2022. Go to Source
Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 2]
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Go to Source
