SBF Asks Judge to Keep the Identifies of His Bail Sureties Confidential
In a letter dated Jan. 3, SBF’s lawyers asked federal judge Lewis Kaplan to redact the names and identifying information of the two individuals who will co-sign SBF’s bail bond. The lawyers also requested that the personal data of the individuals who will provide bail sureties not be publicly disclosed by the government.
Sam Bankman-Fried’s Trial Set for October 2; Can Face Up to 115 Yrs in Prison
On Tuesday, Sam Bankman-Fried made his initial appearance in a federal court in Manhattan. Before U.S. District Judge Lewis Kaplan, SBF pleaded not guilty to each of the criminal charges that he is currently being held accountable for.
US Authorities Looking Into Transactions From Alameda, SBF Wallets
FTX’s infamous founder is currently out on bail, but there have been numerous questionable transactions of cryptocurrency from wallets associated with him or his exchange and its sister company, Alameda.
Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research As Early as 2018
Reports detail that when SBF started Alameda, the trading firm was making millions by via arbitrage. As an arbitrageur, SBF claimed that opportunities stemmed from countries like Japan and South Korea as bitcoin (BTC) was trading for a premium in those regions. Because of the so-called “Kimchi premium” in South Korea, SBF said BTC was 30% higher at times and in Japan, it was 10% higher.
FTX’s International Customers Lawyer Up, Ask Judge to Rule That Customer Assets Are Not Property of FTX Estate
Lawyers representing FTX.com’s non-US customers have joined the bankruptcy fray, filing a motion on Wednesday asking a Delaware judge to rule that customer assets locked in the collapsed exchange are customer property – not property of the FTX estate.
FTX Founder Reportedly Cashes out $684K After Being Released on Bail
FTX founder Sam Bankman-Fried is reportedly cashing out large amounts of cryptocurrency soon after being released on bail, on-chain data suggests.
Biggest Crypto CEO Exits of 2022: Jesse Powell of Kraken, Michael Saylor of MicroStrategy, SBF of FTX
As the crypto market declined in 2022, the departures began en masse. Several high-profile CEO stepped down from their respective roles at the head of crypto-centric firms in 2022, including Jesse Powell of Kraken, Michael Saylor of MicroStrategy, Alex Mashinsky of Celsius, and Sam Bankman-Fried of FTX.
FTX Founder SBF Single Handedly Funded $760,000 to This Political Organization
Bankman-Fried has been said to donate around $760,000 to the Campaign Legal Center’s (CLC) action fund in 2021, according to a spokesperson for the organization.
FTX Used $200M in Customer Funds to Invest in Two Companies — US SEC
The US SEC has discovered that FTX ventures invested $200 million in customer funds in Mysten Labs and the fintech company Dave.
Top SEC Official Steps Down Following Controversial Meetings with Sam Bankman-Fried and FTX Lobbyists
Dan Berkovitz, General Counsel at the Securities and Exchange Commission, is departing the agency amid reports that he had met and dined with disgraced FTX founder Sam Bankman-Fried.
