Specifically, Prager Metis failed to properly understand the relationship between Bahamas-based FTX and Bankman-Fried’s ...
Alameda Research co-Chief Executive Officer Caroline Ellison took the stand for a second day on Wednesday in the trial of Sam Bankman-Fried, co-founder of crypto exchange FTX. Ellison, who also ...
In reality, it was mostly a rewards based marketing scheme to attract more users to the FTX platform and to prop up balance sheets. Most of the FTT supply was held by FTX and Alameda Research and ...
With both assets leading the market, here's a closer look at the factors driving their remarkable performance.
Fried, the founder of crypto platform FTX, is trying to appeal his 25-year fraud sentence and is criticising the court’s ...
Caroline Ellison, the former CEO of Alameda Research, was reportedly concerned about the perceived threat of an AI takeover, ...
Either way, FTX is in accumulation mode with the market near rock bottom and BlockFi down roughly 95%. They even looked at acquiring Celsius but the state of its finances with a $2 billion hole in the ...
Yesterday, the morning session was dominated by discussion of balance sheets, which Ellison says were manipulated to paint a sunnier picture of the financial condition of FTX and Alameda.
Sam Bankman-Fried’s criminal conviction over the collapse of FTX should be vacated in part because the cryptocurrency ...
Caroline Ellison, ex-Alameda CEO, seeks no prison time for FTX role, citing cooperation and testimony against Bankman-Fried ...
A look at the FTX’s leaked balance sheets and some curious business interlinking will throw further light on this. For context, the FTX founder and CEO also set up a quantitative trading firm ...