Sam Bankman-Fried and other FTX executives spent $8 billion worth of customer funds on real estate, venture capital investments, campaign donations, endorsement deals and even a sports stadium, […]
Alameda Research allegedly paid Chinese officials around $150M to regain $1B worth of exchange accounts
During the Sam Bankman-Fried trial on Wednesday, former Alameda Research CEO Caroline Ellison testified that the crypto trading firm paid Chinese officials to get their Alameda trading accounts […]
Alameda Research’s ex-CEO Caroline Ellison testifies, claims SBF directed her to commit crimes
Caroline Ellison, the ex-CEO of Alameda Research, took the stand as the fifth witness for the prosecution in Sam Bankman-Fried’s six-week trial, claiming that the former FTX CEO […]
‘Marked to zero’: Paradigm testimony at SBF trial points to investor fraud
The testimony of Matt Huang, co-founder and managing partner of crypto investment firm Paradigm, at Sam Bankman-Fried’s trial may help the prosecution convince jurors that the former crypto […]
Alameda had a $65B line of credit and ‘unlimited withdrawals’
The Sam Bankman-Fried trial gained steam after a somewhat sleepier first half of the day. That’s when prosecutors and the defense asked a witness and former FTX developer […]