U.S. District Judge Lewis Kaplan denied a motion by SBF’s attorneys to preclude the DOJ from introducing evidence the government delivered to the defense after July 1.
The U.S. prosecutors filed another superseding indictment accusing SBF of stealing “billions of dollars” from FTX customers while Salame invoked his Fifth Amendment right.
As Sam Bankman-Fried strives to talk his way out of prison ahead of the October trial, his attempts may be hindered by Ryan Salame, whose efforts are now centered on saving face.
The letter to U.S. District Judge Lewis Kaplan says that SBF's conduct not only aims to harass Caroline Ellison but also "deter other potential trial witnesses from testifying."
Daniel Friedberg, who worked as an adviser of SBF from 2017 until FTX's implosion in 2022, faces charges over his alleged role as a "fixer" and for breaching his fiduciary duties.
John J. Ray III's second interim report indicates a solid reason to charge Friedberg over his alleged notorious history of covering up an insider cheating scandal, though doing so won't be easy.
The FT cited five people with knowledge of the matter, one of whom said exchange execs provided external trading houses with "sworn statements that Crypto.com was in no way involved in trading."
The $44 billion claims sought by the IRS target the collapsed crypto empire of SBF, including entities such as West Realm Shires, Ledger Holdings, Paper Bird, and North Dimension, among others.
The FTX collapse did not happen overnight but seemed to be predetermined, with a new report coming to light highlighting the recovery of billion-dollar assets and tokens that have yet to be secured.
FTX’s new management filed a series of declarations detailing its efforts to make sense of SBF’s tangled financial web, and among it is the $3.2 billion in payments and ‘loans’ by FTX and its affiliates.
The U.S. bankruptcy court in Delaware held a hearing into the bankruptcy of FTX, Alameda Research and the countless other appendages of the once mighty crypto empire of Sam Bankman-Fried.