Caroline Ellison

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…

Department of Justice prosecutors believe disgraced FTX founder Sam Bankman-Fried leaked the diary of his sometimes girlfriend and business partner Caroline Ellison in an effort to “discredit a witness.” The contents of the 27-year-old Alameda research CEO’s private Google Docs were recently published in a New York Times article which includes entries of Ellison discussing her contentious relationship with SBF and admitting she felt unqualified to lead the company.Sam Bankman-Fried Using a VPN, McDonald’s AI Drive Thru…

Ever since the ill-fated crypto exchange FTX imploded last year, evidence has been building of rampant criminal activity on the part of the firm’s top executives. A new report on the company’s finances published Monday does nothing to dispel that notion, revealing instead new allegations about how the failed exchange misspent billions in customer funds, splurging on everything from personal property to illegal political contributions. Sam Bankman-Fried Using a VPN, McDonald’s AI Drive Thru Fails, Buzzfeed AI Quizzes Suck…

You know that classic zombie movie scene where the everyone thinks the monster is dead, but then suddenly it’s not?He Tossed His Bitcoin, Now He Wants It BackFTX, the bankrupt crypto exchange that imploded last year, has recouped over $7.3 billion in cash and cryptocurrency assets, company attorney Andy Dietderich said in a Wednesday court hearing, according to a report from Reuters. That number is up by more than $800 million from January’s recovery stats, Dietderich added. He attributed that rise, in large part, to the…

Former crypto golden boy Sam Bankman-Fried’s calamitous time at his former exchange FTX was even more haphazard and ludicrous than previously stated. FTX’s latest bankruptcy report filed Sunday adds additional fuel to the still-smoldering questions regarding just how greedy and corrupt its former executives were before the crypto exchange eventually collapsed. Lower Drought Conditions In California | Extreme EarthThe 43-page document shares that there’s a lot of problems trying to get millions of former FTX customers and…

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…

Some people, like disgraced crypto mogul Sam Bankman-Fried, really just don’t know when to stop talking. Despite facing eight counts of U.S. criminal charges and living under house arrest, SBF, as he’s often called, decided it was a good time to launch a Substack newsletter.In his first post Thursday, titled FTX Pre-Mortem Overview, the founder re-hashed his version of events that led up to his cryptocurrency exchange’s meltdown. Though rigorous reporting and federal investigations allege SBF may have defrauded more than…

FTX founder Sam Bankman-Fried pleaded not guilty to fraud and other criminal charges Tuesday, as a judge set his trial to begin Oct. 2.Mr. Bankman-Fried, 30 years old, entered his not-guilty plea to all eight criminal counts he faces before U.S. District Judge Lewis Kaplan in federal court in Manhattan. It was his second appearance in a U.S. court after the collapse of his cryptocurrency exchange. Prosecutors have accused him of stealing billions of dollars of…

Sam Bankman-Fried built the cryptocurrency exchange FTX on the reputation of his trading firm, Alameda Research LLC.Alameda was applying Wall Street-style wizardry to the crypto world—and outsiders thought it was winning big. But little was known beyond the firm about its trades, which included a lucrative early bet involving bitcoin in Japan. Alameda had no outside investors and didn’t disclose its performance. Before he was charged In December by federal prosecutors with…

Caroline Ellison, a close associate of FTX founder Sam Bankman-Fried, apologized in court this week as she pleaded guilty to fraud and other offenses, telling a judge that she and others conspired to steal billions of dollars from customers of the doomed crypto exchange while misleading investors and lenders.“I am truly sorry for what I did,” Ms. Ellison, the former chief executive of Mr. Bankman-Fried’s crypto-trading firm, Alameda Research, said in a New…