FTX

Gary Wang, former chief technology officer at FTX, on Tuesday provided significant insights into the financial operations of Alameda Research and its association with FTX. His testimony raised concerns, particularly regarding the handling of the FTX (CRYPTO: FTT) tokens and the company's...

Caroline Ellison, a key figure associated with the cryptocurrency exchange FTX and Alameda Research, on Tuesday testified that Sam Bankman-Fried, the founder of the platform, harbored aspirations of becoming the U.S. president. Ellison Says She Questioned Use Of Customer Funds In 2020:...

As the trial of Sam Bankman-Fried continued on Tuesday, Caroline Ellison, a former associate, took the stand in a Manhattan courtroom to make accusations against him, testifying that the former flamboyant crypto tycoon, known for his roles at Alameda and FTX, directed her to commit fraudulent...

The U.S. Department of Justice (DOJ) has formally requested Judge Lewis Kaplan to prevent FTX (CRYPTO: FTT) founder Sam Bankman-Fried from discussing or introducing evidence related to the current value of his investment in Anthropic AI during his trial. The DOJ's move comes as it...

Amidst all the press and public trying their best luck to grab a seat at Sam Bankman-Fried's trial in New York, one juror was reportedly caught getting comfortable and dozing away. What better place to discuss SBF, the trial, and details about the FTX collapse with the...

This week was anything but dull in the world of finance and technology. Bitcoin (CRYPTO: BTC) surged past the $28,000 mark, a Twitter account associated with Satoshi Nakamoto reactivated after five years, a significant rise in ex-president Trump’s NFT sales was observed, and details about Sam...

The case against former crypto magnate Sam Bankman-Fried will feature testimonies from key figures associated with him, including Caroline Ellison, the ex-CEO of hedge fund Alameda Research. What Happened: After concluding Friday's court session, the Department of Justice...

Few names have been as synonymous with both rapid success and a dramatic decline as Sam Bankman-Fried. His arrest almost 10 months ago marked one of the most shocking moments in the crypto industry’s history. The trial for Bankman-Fried, the founder of FTX, began this week at the U.S....

Alameda Research enjoyed unique access on the FTX platform, enabling the crypto hedge fund to utilize $8 billion of the exchange's client funds, revealed Gary Wang, the former chief technology officer (CTO), during Sam Bankman-Fried's trial on Friday.  Wang, who was instrumental...

Perhaps best known for his price targets on Bitcoin (CRYPTO: BTC), Tim Draper is a venture capital investor who was an early investor in many well-known technology companies. In an exclusive interview, Draper shares his take on future technology, Bitcoin and more. Draper on Artificial Intelligence...

Judge Lewis Kaplan's patience is wearing thin with the defense team representing FTX (CRYPTO: FTT) founder Sam Bankman-Fried. In just three days of the trial, Kaplan has expressed significant frustration with the defense's approach, particularly their repetitive and imprecise...

Author Michael Lewis has responded to criticism that he showed too much sympathy in his new book towards Sam Bankman-Fried. What Happened; In an interview with ABC News, Lewis dismissed the critics as “crazy,” stating that there are multiple perspectives involved in the case. He claimed...

The trial of Sam Bankman-Fried, founder of defunct cryptocurrency exchange FTX is underway, and a jury of 12 will be deciding his fate. Wednesday’s court proceedings primarily revolved around opening statements, and the first two witnesses’ testimonies, according to TechCrunch. Bankman-...

Insiders from the cryptocurrency exchange FTX (CRYPTO: FTT) revealed that prior to its downfall, certain U.S.-based staff members identified a concealed mechanism. This mechanism, allegedly linked to Alameda Research, permitted the unauthorized withdrawal of billions in customer funds. Despite...