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 short order, crypto exchange FTX went from a $32 billion valuation to bankruptcy and its founder went from a praised wunderkind to a disgraced figure accused of massive fraud. Sam Bankman-Fried ...
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 ...
Fried, the founder of crypto platform FTX, is trying to appeal his 25-year fraud sentence and is criticising the court’s ...
With both assets leading the market, here's a closer look at the factors driving their remarkable performance.
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.
Caroline Ellison, ex-Alameda CEO, seeks no prison time for FTX role, citing cooperation and testimony against Bankman-Fried ...
Sam Bankman-Fried’s criminal conviction over the collapse of FTX should be vacated in part because the cryptocurrency ...
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 ...