Bankman

Sam Bankman-Fried’s legal defense tried to convince a judge “nothing improper or impermissible occurred” last week when the disgraced crypto founder leaked former Alameda Research CEO and on-again-off-again girlfriend Caroline Ellison’s personal diary to The New York Times. The former FTX CEO’s defense says the leaked documents weren’t intended to “discredit a witness,” as the DOJ alleges, but was instead an attempt to respond to a “toxic media environment” he complains constantly casts him as a villain.Sam Bankman-Fried…

Photo: AP News (AP)Lawyers representing FTX founder Sam Bankman-Fried announced on Wednesday that his October trial might need to be delayed. The lawyers said they were still waiting for important documents to be handed over and claimed the hold-up could hinder their ability to review the evidence and create a proper defense.Bankman-Fried’s lawyers, Mark S. Cohen and Christian R. Everdell, sent a letter to U.S. District Judge Lewis Kaplan arguing in favor of a delay. They told the judge that federal prosecutors had not…

FTX founder Sam Bankman-Fried faced new fraud charges Thursday, as prosecutors accused him of cheating thousands of investors out of billions of dollars while casting himself as a trustworthy "savior of the cryptocurrency industry" - an image boosted by celebrity-studded Super Bowl advertising and big donations to political figures.New charges, including securities fraud and conspiracy fraud counts, were unveiled with the unsealing of the refreshed indictment in Manhattan federal court.In a statement, U.S. Attorney Damian…

US prosecutors urged a judge to impose tight restrictions on indicted FTX cryptocurrency exchange founder Sam Bankman-Fried's internet use, arguing existing conditions "leave too much room for inappropriate conduct." Separately, court documents earlier on Wednesday revealed that a former Stanford University law school dean and a computer science researcher at the school co-signed Bankman-Fried's bond alongside his parents. He is out on $250 million bond after pleading not guilty to fraud charges stemming from now-bankrupt…

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…

Online auctions on Twitter, Elon Musk plans on auctioning usernames! Read more tech news Good Morning Tech fam, here are some quick tech updates for you to catch on to! What’s New Today: Tim Cook feels his salary is too high, Apple reduces it by nearly half. Tim Cook’s revised salary will be USD 49 million, according to Apple. Fast-Track Insights: The Financial Secretary Claims, Hong Kong’s Status as A “International Financial Centre” Puts It Ahead of The Competition as City Moves Toward Becoming…

The US government plans to launch a website for victims of FTX cryptocurrency exchange founder Sam Bankman-Fried's alleged fraud to communicate with law enforcement. In court papers filed on Friday, federal prosecutors in Manhattan asked U.S. District Judge Lewis Kaplan for permission to use the website to notify victims, rather than contacting each individually. FTX could owe money to more than 1 million people, making it "impracticable" to contact each, the papers said. Federal law requires prosecutors to contact…

The three primary committees charged with electing Democrats said Friday that they would set aside more than $1 million in donations this election cycle from disgraced crypto mogul Samuel Bankman-Fried, who is accused of making tens of millions of dollars in illegal campaign donations. Bankman-Fried, the former CEO of cryptocurrency exchange FTX, was a prolific political donor to individual lawmakers, official campaign committees and super PACs. Among the recipients of his cash were the Democratic National Committee, the…

FTX Founder Sam Bankman-Fried. Photo: Craig Barritt (Getty Images)Texas regulators are investigating crypto exchange FTX and its spend-thrift founder Sam Bankman-Fried to determine whether or not they are offering unregistered securities products. The investigation, first reported by Barrons, is reportedly being carried out by the Texas State Securities Board which revealed the probe in a filing related to the bankruptcy case of crypto broker Voyager Digital.“I am aware that FTX Trading…may be offering unregistered…