FTX Founder Sam Bankman-Fried Admits Limited Cryptocurrency Knowledge During Fraud Trial | Bitcoinist.com

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Crypto News, FTTUSDT, FTX, FTX aftermath, FTX bankruptcy, FTX CEO, FTX co-founder, FTX Collapse, FTX Collapse news, FTX Crash, FTX crypto exchange, FTX customers, FTX news, FTX Sam Bankman-Fried, Sam Bankman-Fried, Sam Bankman-Fried defense, Sam Bankman-Fried news, Sam Bankman-Fried prosecution, Sam Bankman-Fried trial

During the ongoing trial of Sam Bankman-Fried, co-founder of the now-defunct FTX crypto exchange, startling revelations have emerged regarding his understanding of cryptocurrency. FTX Co-Founder’s Shocking Testimony  According to live coverage of the trial by The Guardian, Bankman-Fried confessed to knowing “basically nothing” about cryptocurrency before launching FTX and its affiliated hedge fund, Alameda Research. […]

Alameda Research’s $190 Million Loss Linked To Inadequate Security, Insider Reports | Bitcoinist.com

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Alameda employee, Alameda news, Alameda Research, FTTUSDT, FTX, FTX aftermath, FTX bankruptcy, FTX CEO, FTX co-founder, FTX Collapse, FTX Collapse news, FTX crypto exchange, FTX Sam Bankman-Fried, Sam Bankman-Fried FTX founder, Sam Bankman-Fried news, Sam Bankman-Fried prosecution, Sam Bankman-Fried trial

Amidst the ongoing legal proceedings, a fresh wave of testimonies has emerged against Sam Bankman-Fried (SBF) and his operations. In this particular instance, outside the courtroom, a former engineer at Alameda Research, the sister hedge fund of FTX, has come forward with revelations of substantial losses in trading funds totaling at least $190 million. Aditya […]

Prosecutors Accuse FTX’s Sam Bankman-Fried Of Massive $10 Billion Theft, Here’s His Response | Bitcoinist.com

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FTX, FTX news, FTX Sam Bankman-Fried, Sam Bankman-Fried, Sam Bankman-Fried FTX, Sam Bankman-Fried news, Sam Bankman-Fried prosecution, Sam Bankman-Fried trial

Both parties in the ongoing trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried, gave their opening arguments on October 4 as part of the Day 2 proceedings. During this stage, the Prosecution made certain accusations, which SBF’s primary counsel, Mark Cohen, subsequently addressed in the defense’s opening argument.  Prosecution Accuses […]