SBF jailed, FTX partners under attack: Law Decoded
Sam Bankman-Fried, the former CEO of the failed FTX crypto exchange, will be held in jail through the end of his two upcoming trials.This post was originally published on this site
Sam Bankman-Fried will ‘return to his depression’ without access to medication, say defense lawyers
According to Sam Bankman-Fried’s legal team, he was “only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail.This post was originally published on this site
Sam Bankman-Fried spends 3rd night in notorious New York prison
The former FTX CEO has swapped his parent’s cozy Stanford home for the Metropolitan Detention Center in Brooklyn, which isn’t known for its comforts.This post was originally published on this site
BREAKING: Bankman-Fried sent to jail after judge revokes bail
Judge Lewis Kaplan has revoked former FTX CEO Sam Bankman-Fried’s bail. The judge has also denied the defence’s request to delay Bankman-Fried’s detention pending appeal. Bankman-Fried, whose criminal trial begins on October 2, will be jailed at Putnam. Judge Lewis Kaplan has revoked the bail granted to former FTX CEO Sam Bankman-Fried, and ordered his […]
Judge orders Sam Bankman-Fried’s bail revoked following allegations of witness intimidation: Report
Judge Lewis Kaplan reportedly cited SBF’s alleged attempts to influence or intimidate witnesses in the criminal case including a former FTX US general counsel and Caroline Ellison.This post was originally published on this site
FTX debtors and UCC clash over asset control in restructuring
FTX strongly criticized the UCC’s pursuit of asset control, recommending that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasurys.This post was originally published on this site
Temasek, Sequoia Capital, Softbank, leading VCs face lawsuit for “abetting” FTX fraud
The lawsuit alleged that the VC firms made many deceptive and misleading statements about FTX while encouraging customers to invest in the exchange for their personal gain. This post was originally published on this site
Prosecutors will still consider Sam Bankman-Fried’s alleged campaign finance scheme at trial
Rather than reinstating a count on campaign finance violations to SBF’s indictment, the Justice Department said it will consider the evidence as part of a wire fraud charge.This post was originally published on this site
FTX has a plan, but creditors are not impressed: Law Decoded
A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan. This post was originally published on this site
Elon Musk tweets and Twitter bot spam influences altcoin prices: Study
The study also questioned whether FTX or Alameda had any role in coordinating Twitter bot activity for its own gain.This post was originally published on this site