High Tales This Week Sam Bankman-Fried takes the stand on FTX’s collapse ‘Purchase Bitcoin’ search queries on Google surge 826% within the UK US court docket points mandate for Grayscale ruling, paving approach for SEC to assessment spot Bitcoin ETF…
SBF
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Exchanges
SBF Trial – Week 4 concludes with SBF telling jury he was blindsided by $8B shortfall
by Jeremyby JeremyThe previous billionaire testified and went by way of an intensive cross-examination on 26 with out a jury current after the federal government raised considerations about sure points of SBF’s Decide Lewis Kaplan dominated that SBF’s testimony could…
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Altcoin NewsNews
Binance founder CZ’s fortune will get slashed $12B, whereas SBF remains to be at $0
by Jeremyby JeremyOn 26, the Bloomberg Billionaires Index lower Binance’s income estimates by 38% amid a stoop in alternate volumes which knocked Zhao right down to ninety fifth place on the wealthy internet value is now a paltry billion,…
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Exchanges
SBF Trial – SBF claims he acted in good religion as attorneys blessed his choices at FTX
by Jeremyby JeremyThe listening to started with the prosecution bringing their witness — FBI agent Mark Troiano — to the stand to primarily present insights into the existence, nature, and authenticity of Sign teams involving Troiano’s testimony and cross-examination, the prosecution…
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Bitcoin NewsNews
SBF grilled in court docket on deleted messages throughout testimony
by Jeremyby JeremyWhen prompted as to why he began utilizing company communications on the encrypted messaging app Sign by prosecutor Danielle Sassoon of the Southern District of New York, SBF claimed that he solely did so with the approval of FTX counsel…
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Exchanges
SBF Trial – Prosecution not expects early conclusion after SBF decides to testify
by Jeremyby JeremyThe prosecution, which beforehand anticipated the case to succeed in a head by 30, believes the case will now take for much longer to conclude relying on the content material of SBF’s testimony and the protection’s total bringing…
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Exchanges
Third week of SBF trial particulars lavish spending of buyer funds on actual property, endorsements, and extra
by Jeremyby JeremyFollowing Singh’s confession and revelations, forensic accountants and FTX‘s former common counsel took the stand to offer extra perception into the misuse of buyer funds between the change and its sister hedge fund, Alameda 1: The ConfessionThe trial’s third…
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Exchanges
SBF Trial – FTX normal counsel had ‘no concept’ that SBF was misusing buyer funds
by Jeremyby JeremySolar’s testimony revolved round FTX Digital Markets’ phrases of service and their pivotal position within the ongoing SBF has publicly used the phrases of service to justify a number of the losses at of misuseFormer FTX Normal Counsel…
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Exchanges
SBF Trial – Forensic accountant reveals virtually 70% of Alameda’s loans had been serviced with FTX buyer funds
by Jeremyby JeremyThe primary witnesses for the day had been Professor Peter Easton, an esteemed accounting professional from the College of Notre Dame, and FBI accountant Paige Owens, who revealed the findings of their in-depth evaluation of FTX and Alameda’s accounts and…
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Sam Bankman-Fried (SBF) is preventing to defend the legitimacy of FTX’s His lawyer has argued that these investments weren’t “reckless and frivolous,” countering former Government Nishad Singh’s portrayal of extreme spending on advertising and marketing and superstar endorsements, Reuters…