Sam Bankman-Fried takes his prison pills, Ryan Salame takes the fifth
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.
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.
The disgraced founder of the collapsed FTX digital asset exchange, is heading to jail for violating the terms of his bail, a U.S. federal judge has ordered.
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 U.S. House of Representatives Financial Services Committee advanced two bills that could now be sent to the House floor for a full vote: the HR4766 and HR4841.
SBF was in Manhattan on July 26 trying to convince U.S. District Court Judge Lewis Kaplan not to tighten his bail conditions—a week after he leaked private writings of Caroline Ellison.
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."
Nine months after it imploded, ASIC revoked the FTX Australia license but will allow it to offer limited services for a year to wrap up customer claims.
It “appears” that Deltec Bank “misrepresented the purpose and use” of its MUFJ accounts, which were opened with MUFJ by Deltec on behalf of unspecified corporate clients.
Readers should let Temasek's $275M loss be a cautionary tale: nothing is as it seems in the 'crypto' industry, as those it paints as heroes are often wolves in sheep's clothing.
Cameron Winklevoss tweeted 'An Open Letter to DCG boss Barry Silbert,' whose troubled Genesis Global Capital offshoot filed for bankruptcy protection in January.
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.