FTX News
Sam Bankman-Fried Spent Customer Funds Excessively; SBF Trial Reveals
The latest witness in Sam Bankman-Fried’s trial was former FTX Head of Engineering Nishad Singh, who claimed that Bankman-Fried was using customer funds to “fuel his spending spree.” Laura Shin,...
Sam Bankman-Fried’s Legal Team Demands ADHD Medication in Filing
The legal team defending FTX founder Sam Bankman-Fried is negotiating to access his ADHD medication, Adderall. As Bankman-Fried’s criminal trial in a New York court rolls into its third week,...
FTX Estate is Staking 5.5M Solana Tokens: Whale Alert
According to Ashpool, an X account renowned for crypto research, FTX estate is staking 5.5 million SOL. In its post, Ashpool referenced another post from Whale Alert showing an SOL...
Ex-GirlFriend Unravels SBF’s Valiant Efforts to Unfreeze Chinese Funds
SBF tried using Thai prostitute identities to access the funds. Caroline disclosed some intricate details about SBF unfreezing Chinese Funds. Caroline and SBF presented fabricated balance sheets to cover the...
SBF and Caroline Manipulated Bitcoin Price, But Is CZ Innocent?
Value investor Mike Alfred levied accusations that Binance and CEO Changpeng Zhao are illegally manipulating Bitcoin’s price through practices like wash trading. He also warned that Binance was selling Bitcoin...
Inside SBF’s Trial: How Caroline Ellison and SBF Defrauded Customers
Following the ongoing legal case of Sam Bankman-Fried, on day five of the trial, Caroline Ellison, former CEO of Alameda Research and SBF’s former partner, testified against him. Ellison’s trial...
Gary Wang’s Testimony to Prove SBF Innocence in FTX Trial?
A Monday filing revealed that Sam Bankman-Fried’s lawyers have approached the court to allow them to rely on FTX co-founder Gary Wang’s testimony in the ongoing trial to disprove claims...
Understanding the $65B Line of Credit: Key Testimony in SBF Trial
In the ongoing trial of Sam Bankman-Fried, former CEO of FTX, Gary Wang, former CTO, revealed that Alameda Research has a $65 billion line of credit on FTX. Crypto journalist...
Inside the Courtroom: Reporter Gives First-Hand Account of SBF Trial
In a recent episode of the Thinking Crypto Podcast, host Tony Edward interviewed renowned crypto influencer Tiffany Fong, who shared her experience in the fraud trial of FTX founder Sam...
Former Close Allies Turn Against SBF in Ongoing Legal Battle
Several individuals have been identified in the FTX saga involving its founder and former CEO, Sam Bankman-Fried (SBF). In a recently uploaded video, the Altcoin Daily YouTube channel host identified...
Charles Hoskinson Raises Alarm Over Sympathetic Portrayal of SBF
Amidst the ongoing Sam Bankman-Fried (SBF) trial, Charles Hoskinson, Cardano network co-founder, said in a recent post on X (formerly Twitter) that influential people with connections to Bankman-Fried may be...
Python Code FTX Used to Randomly Fabricate Insurance Fund Exposed
The crypto community has unearthed the software code that the now-defunct FTX crypto exchange allegedly used to manipulate its insurance fund, misleading the public about its actual values. In a...
Ripple CTO Weighs In on FTX’s $5M “Money for Silence” Scandal
In response to the recent reports concerning the alleged misconduct of the bankrupt FTX crypto exchange, Ripple Chief Technology Officer David Schwartz has weighed in. Schwartz argued that financial matters...
SBF Lieutenant Testifies on FTX Fabricated Insurance Fund Balance
On the fourth day of the trial involving FTX founder Sam Bankman-Fried (SBF), FTX’s former Chief Technology Officer, Gary Wang, delivered a bombshell testimony that sent shockwaves through the crypto...
Sam Bankman-Fried’s Trial: FTX Co-Founder Admits to Financial Fraud
October 5 was the third day of Sam Bankman-Fried’s trial, and three people testified. FTX Co-Founder Gary Wang, Former FTX Software Developer Adam Yedidia, and Paradigm Co-Founder Matt Huang. Gary...
Juror Reveals Ties to FTX-Linked Law Firm During SBF Trial Selection
In a recent update regarding the trial of former FTX CEO Sam Bankman-Fried (SBF), it has been revealed that a diverse group of 12 jurors has been carefully selected to...
Day Two of SBF’s Trial: Witnesses Shed Light on Alleged Fraud
On the second day of Sam Bankman-Fried’s trial, the U.S. Department of Justice (DOJ) accused SBF of intentionally defrauding investors for personal gain, while the defense claimed that SBF only...
FTX Wallet Drainer Relentless: Bridges Another 5,624 ETH to BTC
CertiK Alert, a platform that provides real-time alerts about crypto hacks, posted on October 4 that the FTX drainer bridged another 5,624 ETH to BTC. That follows a series of...
Kaiko Report Takes A Closer Look At The Impact Of FTX’s Collapse
A new report by crypto analytics firm Kaiko takes a closer look at the aftermath of FTX’s collapse in November last year. Kaiko’s research found that centralized crypto exchanges like...
Ex-Crypto CEO SBF Risks 150 Years Prison Term as Fraud Trial Begins
Amid the commencement of the trial of Sam Bankman-Fried (SBF), the disgraced founder of the bankrupt FTX exchange, the crypto community speculates about the possibility of the former crypto CEO...
Deaton Slams Michael Lewis as ‘Clown’ for Blaming CZ in FTX Debacle
The renowned American author and financial journalist Michael Lewis has found himself embroiled in stern criticism from the crypto community amid his comment on the bankrupt FTX exchange. In a...
FTX Wasn’t a Ponzi Scheme but a Real Business: Said American Author
Bankrupt crypto exchange FTX wasn’t a Ponzi scheme and had great real business, according to best-selling American author Michael Lewis. In an interview with CBS News, Lewis shared his stories...
$415 Million FTX Hacker Moves ETH Exploited From The Exchange
The hacker behind the $415 million FTX exploit recently moved millions worth of ETH. The exploiter has moved a total of $8 million worth of crypto assets via Railgun and...
Ongoing JPEX Scandal Sparks SFC Crackdown in Hong Kong
Hong Kong SFC announces plans to release a list of suspicious crypto trading platforms. The announcement comes after the controversial JPEX scandal, possibly “one of the largest” cases of fraud”...
Sell FTX Crypto Assets, Divide the Cash Between Victims: Ripple CTO
In a post on X (formerly Twitter), Ripple Labs CTO David Schwartz said that selling FTX crypto assets and dividing the cash between victims of the collapse is the best...
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