FTX

The history of finance is riddled riddled with tales of ambition gone awry, leading to some of the most significant scandals that have rocked the industry's foundations. As FTX founder Sam Bankman-Fried gears up for his court testimony, let's trace back to some monumental controversies...

Lawyers representing FTX founder Sam Bankman-Fried have outlined the anticipated testimony he will present in his ongoing fraud trial. The communication, provided as a formal letter to Judge Lewis Kaplan, sheds light on the defense strategy and seeks to counter allegations of misappropriation...

Sam Bankman-Fried's attorney Mark Cohen on Wednesday said the FTX founder will be testifying in court. This update comes just ahead of the highly anticipated Benzinga's Future of Digital Assets conference on Nov. 14. The conference, set to delve into the trajectory of digital...

Bankrupt crypto exchange FTX Trading Ltd. is now reviewing offers from three potential buyers. The forthcoming decisions surrounding FTX's future are expected to garner significant attention, especially with the crypto community converging at Benzinga's Future of Digital Assets...

Investors are always been on the lookout for unique methods to anticipate market trends, such as subconscious insights like "precognitive dreaming" or modern technologies such as AI chatbots. In Thailand, investors are looking to the stars and, in some cases, tarot cards in order to...

Prosecutors in the ongoing trial of FTX founder Sam Bankman-Fried have likened defense arguments to a scene from the comedy movie “Dumb and Dumber.” The trial, presided over by Judge Lewis Kaplan in Manhattan, centers on alleged fraudulent activities by the cryptocurrency exchange. The...

SkyBridge Capital's Anthony Scaramucci remains optimistic about Bitcoin's (CRYPTO: BTC) potential, projecting a staggering 2,662% rise from its present valuation of approximately $543 billion. Speaking on the OPTO - Invest in Innovation podcast, Scaramucci said Bitcoin...

In the latest development of the criminal trial against FTX co-founder Sam Bankman-Fried, his legal team has sought court permission for their client to use ADHD medication during the trial to better focus. What Happened: As reported by Cointelegraph on Sunday, Bankman-Fried’s attorneys have...

As 2023 is almost ending, we're recapping some of the major crypto disasters of the last two years. With all of the regulatory changes that the crypto landscape is witnessing, 2024 is likely to see a stronger framework for companies. However, U.S. markets appear to be seeing...

A clandestine 75-minute audio recording, captures the moment Caroline Ellison told 15 ex-employees of Alameda Research that the hedge fund's act of "borrowing" FTX user funds. The recording, accessed by Cointelegraph, casts light on the escalating stress Ellison and the...

Continuing her testimony in the ongoing trial of FTX founder Sam Bankman-Fried, Caroline Ellison on Thursday revealed intricate details about the crypto exchange's financial operations and relationships. During her testimony, Ellison confirmed that the company faced no...

Former Alameda Research engineer Aditya Bharadwaj has shed light on the company's significant security incidents that led to the loss of hundreds of millions of dollars.  Amid these revelations, industry experts and stakeholders are gearing up for Benzinga's Future of...

The crypto market is still reeling from the fallout of the FTX blowup last year. The market’s value has decreased significantly, NFT trading has plummeted, and venture capital deals have shrunk. According to a Bloomberg report, Bitcoin (CRYPTO: BTC) has recovered by 60% this year, trading...

In a revelation that has sent shockwaves through the crypto community, Caroline Ellison, a key figure in the trial of FTX founder Sam Bankman-Fried, on Wednesday disclosed her role in preparing not one, but seven different balance sheets for Genesis, months before the company's bankruptcy...

Amid the ongoing trial of FTX (CRYPTO: FTT) founder Sam Bankman-Fried and allegations of misusing customer funds, newly revealed content from an ongoing court case indicates that the founder contemplated discontinuing Alameda Research's operations in 2022. What Happened: During the trial,...