Unraveling intricacies of crypto crimeAlison Jimenez, an AML skilled and president at Dynamic Securities Analytics, submitted testimony difficult some prevalent crypto apologist arguments, underscoring a big concern: the potential underreporting of illicit actions in Her essential evaluation of transaction…
Testimony
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Exchanges
Sam Bankman-Fried claims to have neglected $8B ‘bug’ in final day of testimony
by Jeremyby JeremyBankman-Fried acknowledged the existence of an $8 billion hidden debt inside Alameda Analysis, which got here to mild after a bug was mounted in an account often known as Regardless of his claims of discovering the large switch round…
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Sam Bankman-Fried (SBF), the Founding father of FTX, is racing towards time to persuade a Manhattan jury of his innocence in a high-stakes fraud Dealing with seven legal counts, together with wire fraud, securities fraud, and cash laundering, SBF…
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Altcoin NewsNews
Sam Bankman-Fried takes the stand with jury current in second day of testimony
by Jeremyby JeremyBankman-Fried testified that he launched Alameda due to the rising recognition of cryptocurrency although he knew “mainly nothing” about it, saying:“Crypto was getting In 2017, I’d seen two folks speaking excitedly and it was most likely about crypto ……
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Bitcoin NewsNews
Sam Bankman-Fried’s testimony to problem authorities claims, lawyer tells choose
by Jeremyby JeremyWithin the letter submitted by Cohen to tell the court docket of the deliberate testimony throughout Bankman-Fried’s direct examination, the protection requested approval to acquire testimony concerning Bankman-Fried’s consciousness of counsel’s participation in particular issues, following the court docket’s order…
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Exchanges
Why was the jury dismissed throughout SBF’s first spherical of testimony?
by Jeremyby JeremyBased on Inside Metropolis Press, which has reported from contained in the courtroom throughout every day of Bankman-Fried’s trial, Decide Lewis Kaplan instructed jurors:“I’m sending you You may be getting the case to resolve within the first few days…
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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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Bitcoin NewsNews
Sam Bankman-Fried seeks skilled to counter testimony from DOJ witnesses
by Jeremyby JeremyIn an 23 letter to New York District Choose Lewis Kaplan, Bankman-Fried’s attorneys mentioned Joseph Pimbley from litigation consulting agency PF2 Securities would testify on behalf of the previous FTX letter lays out that Pimbley will testify —…
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