.jpg "Sam Bankman-Fried Will Testify in His Own Trial. It’s a Legal Hail Mary")
Sam Bankman-Fried will take the stand at his own trial, his legal counsel has confirmed. The founder of stricken crypto exchange FTX has endured three weeks of bruising testimony in …
In the three weeks since his trial began, Sam Bankman-Fried, founder of crypto exchange FTX, has watched in near silence as a parade of ex-colleagues, peers and other witnesses have …
During cross-examination, defense attorney Mark Cohen continually tried to stress that Alameda’s total net value assets were the same across the alternatives, and Ellison kept responding that, yes, but the …
As the criminal trial of FTX founder Sam Bankman-Fried unfolds in a Manhattan courtroom, some observers in the cryptocurrency world have been watching a different FTX-related crime in progress: The …
By the evening of November 11 of last year, FTX’s staff had already endured one of the worst days in the company’s short life. What had recently been one of …
“The idea that crypto is on trial, I find ludicrous. An individual is on trial,” says Sheila Warren, CEO of the Crypto Council for Innovation, a body advocating for regulation …
Sam Bankman-Fried’s cryptocurrency exchange FTX may have lost at least $8 billion in customer money, but he “didn’t intend to defraud anyone,” his defense team said Wednesday during the opening …
In the weeks after Sam Bankman-Fried’s FTX crypto exchange began to crumble last November, he chose to ignore the most basic piece of legal advice: Say nothing, or risk incriminating …
Aditiya Baradwaj joined crypto-trading firm Alameda Research when it was run out of an anonymous first-floor office in downtown Berkeley, California. It was September 2021, and the day Baradwaj arrived, …
At first, Anand thought it was just a glitch. He’d read a few tweets saying that withdrawals from FTX—then the second-largest cryptocurrency exchange in the world—had been suspended. But these …