Tag Archives: FTX

Former FTX executive Nishad Singh describes conversation with Sam Bankman-Fried over customer funds: ‘I was blindsided and horrified’ – Fortune

  1. Former FTX executive Nishad Singh describes conversation with Sam Bankman-Fried over customer funds: ‘I was blindsided and horrified’ Fortune
  2. Caroline Ellison Shocked the SBF Trial—in a Different Way Than Expected The Ringer
  3. FTX top engineer testifies on Sam Bankman-Fried’s ‘excessive’ spending at Alameda: CNBC Crypto World CNBC Television
  4. Opinion | SBF’s FTX fraud case shows why philanthropy needs a rethink The Washington Post
  5. FTX top engineer testifies Bankman-Fried spent $1.13 billion on celebrities and sponsorships CNBC
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FTX was a boys’ club. When Caroline Ellison asked Sam Bankman-Fried for equity in the hedge fund she ran, he said ‘it was too complicated’ – Fortune

  1. FTX was a boys’ club. When Caroline Ellison asked Sam Bankman-Fried for equity in the hedge fund she ran, he said ‘it was too complicated’ Fortune
  2. ‘Don’t Do That Again’: Sam Bankman-Fried’s Lawyers Under Fire From Judge The New York Times
  3. SBF’s ex-girlfriend: He ‘directed me’ to steal billions from FTX Yahoo Finance
  4. Editorial: In the world of cryptocurrencies, Sam Bankman-Fried’s trial is a total nightmare Chicago Tribune
  5. Caroline Ellison testifies Sam Bankman-Fried directed her to commit crimes: CNBC Crypto World CNBC Television

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Sam Bankman-Fried knew FTX wasn’t ‘bulletproof’ months before collapse, witness says – Financial Times

  1. Sam Bankman-Fried knew FTX wasn’t ‘bulletproof’ months before collapse, witness says Financial Times
  2. FTX Employees Found Alameda’s Secret Backdoor Months Before Collapse – WSJ The Wall Street Journal
  3. Ex-FTX engineer testifies he alerted SBF of bug that revealed Alameda liabilities: CNBC Crypto World CNBC Television
  4. SBF’s close colleague reveals chats about money woes — and claims he warned FTX founder about ex-girlfriend New York Post
  5. Sam Bankman-Fried Told MIT Friend $8 Billion Hole Meant FTX Wasn’t ‘Bulletproof’ Yahoo Finance
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Sam Bankman-Fried’s dad wanted $1 million FTX salary, got mom involved: lawsuit – Business Insider

  1. Sam Bankman-Fried’s dad wanted $1 million FTX salary, got mom involved: lawsuit Business Insider
  2. FTX sues Sam Bankman-Fried’s parents to claw back alleged misappropriated funds: CNBC Crypto World CNBC Television
  3. Lawsuit Unearths Link Between Dem Megadonor SBF, Parents, and Democratic Dark Money Behemoth Arabella Advisors Washington Free Beacon
  4. Stanford University to return FTX donations worth $5.5M Blockworks
  5. Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved Yahoo Finance
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Sam Bankman-Fried believes he is one of the ‘most hated people in the world’ as documents reveal his justification for FTX crash – Fortune

  1. Sam Bankman-Fried believes he is one of the ‘most hated people in the world’ as documents reveal his justification for FTX crash Fortune
  2. ‘One of the Most Hated People in the World’: Sam Bankman-Fried’s 250 Pages of Justifications The New York Times
  3. Sam Bankman-Fried’s Parents May Have Been More Involved in FTX Than We Thought Futurism
  4. Sam Bankman-Fried blames friends, colleagues, and lawyers in unreleased document cache CryptoSlate
  5. Sam Bankman-Fried says, ‘I did what I thought was right,’ in leaked docs: Report Cointelegraph
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SBF pleads not guilty to latest charges, and OKX to turn over frozen FTX assets: CNBC Crypto World – CNBC Television

  1. SBF pleads not guilty to latest charges, and OKX to turn over frozen FTX assets: CNBC Crypto World CNBC Television
  2. Bitcoin, Ethereum, Dogecoin Spike Despite Crypto Exchange Shutdown After SEC Lawsuit: Analyst Says Apex Crypto Has ‘Plenty Of Room To Grow’ Benzinga
  3. First Mover Asia: Bitcoin Rises Above $28.3K Despite Binance Legal Woes CoinDesk
  4. Can bitcoin hold gains, as regulators target crypto companies? MarketWatch
  5. Crypto Analyst Benjamin Cowen Warns Bitcoin (BTC) Primed for ‘One More Scare’ – Here Are His Targets The Daily Hodl
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FTX Founder Sam Bankman-Fried Charged With Bribing Chinese Officials – The Wall Street Journal

  1. FTX Founder Sam Bankman-Fried Charged With Bribing Chinese Officials The Wall Street Journal
  2. FTX founder Sam Bankman-Fried tried to bribe Chinese officials with $40 million, prosecutors say ABC7 News Bay Area
  3. FTX founder Sam Bankman-Fried tried to bribe Chinese officials, prosecutors say CNN
  4. Sam Bankman-Fried paid over $40 million to bribe at least one official in China, DOJ alleges in new indictment CNBC
  5. Sam Bankman-Fried directed $40M cryptocurrency bribe to Chinese officials, federal prosecutors allege Fox Business
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Miami’s FTX Arena is dead, but hopes of being a #crypto hub aren’t #Shorts – CNBC Television

  1. Miami’s FTX Arena is dead, but hopes of being a #crypto hub aren’t #Shorts CNBC Television
  2. This Week in Coins: First Two Weeks of Straight Losses in 2023, Bitcoin and Ethereum Dip Decrypt
  3. Why the Crypto Market CRASHED In Seconds? HUGE ETHEREUM Shanghai Upgrade Altcoin Buzz
  4. Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges – Bitcoin News Bitcoin News
  5. Bitcoin sinks 3.5% for the week and Illinois weighs new crypto regulatory regime: CNBC Crypto World CNBC Television
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FTX founder Bankman-Fried objects to tighter bail, says prosecutors ‘sandbagged’ him

NEW YORK, Jan 28 (Reuters) – Lawyers for Sam Bankman-Fried on Saturday urged a U.S. judge not to ban the indicted FTX cryptocurrency executive from communicating with former colleagues as part of his bail, saying prosecutors “sandbagged” the process to put their client in the “worst possible light.”

The lawyers were responding to a Friday night request by federal prosecutors that Bankman-Fried not be allowed to talk with most employees of FTX or his Alameda Research hedge fund without lawyers present, or use the encrypted messaging apps Signal or Slack and potentially delete messages automatically.

Bankman-Fried, 30, has been free on $250 million bond since pleading not guilty to charges of fraud in the looting of billions of dollars from the now-bankrupt FTX.

Prosecutors said their request was in response to Bankman-Fried’s recent effort to contact a potential witness against him, the general counsel of an FTX affiliate, and was needed to prevent witness tampering and other obstruction of justice.

But in a letter to U.S. District Judge Lewis Kaplan in Manhattan, Bankman-Fried’s lawyers said prosecutors sprung the “overbroad” bail conditions without revealing that both sides had been discussing bail over the last week.

“Rather than wait for any response from the defense, the government sandbagged the process, filing this letter at 6:00 p.m. on Friday evening,” Bankman-Fried’s lawyers wrote. “The government apparently believes that a one-sided presentation – spun to put our client in the worst possible light – is the best way to get the outcome it seeks.”

Bankman-Fried’s lawyers also said their client’s efforts to contact the general counsel and John Ray, installed as FTX’s chief executive during the bankruptcy, were attempts to offer “assistance” and not to interfere.

A spokesman for U.S. Attorney Damian Williams in Manhattan declined to comment.

Bankman-Fried’s lawyers proposed that their client have access to some colleagues, including his therapist, but not be allowed to talk with Caroline Ellison and Zixiao “Gary” Wang, who have pleaded guilty and are cooperating with prosecutors.

They said a Signal ban isn’t necessary because Bankman-Fried is not using the auto-delete feature, and concern he might is “unfounded.”

The lawyers also asked to remove a bail condition preventing Bankman-Fried from accessing FTX, Alameda or cryptocurrency assets, saying there was “no evidence” he was responsible for earlier alleged unauthorized transactions.

In an order on Saturday, Kaplan gave prosecutors until Monday to address Bankman-Fried’s concerns.

“The court expects all counsel to abstain from pejorative characterizations of the actions and motives of their adversaries,” the judge added.

Reporting by Jonathan Stempel in New York; Editing by Andrea Ricci

Our Standards: The Thomson Reuters Trust Principles.

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