SBF Trial: Crypto Lender BlockFi Believed Alameda Was Solvent Given Balance Sheet It Was Shown, CEO Testifies
BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.
Sam Bankman-Fried
Is Sam Bankman-Fried a Sociopath?
(MIT Bitcoin Club/Wikimedia Commons, modified by CoinDesk)
Alameda Lost Nearly $200M to Phishing Attacks, Ex-Engineer Says
Lax security practices seemed to be a feature of the former crypto trading titan.
Sam Bankman-Fried Wanted to Close Alameda in 2022, Unpublished Posts Show
He had hoped to continue Alameda as an investment firm and infrastructure developer, but claimed in the posts that Alameda wouldn’t actively trade.
SBF’s Lawyers Want to Ask Caroline Ellison About FTX’s Anthropic AI Stake
Sam Bankman-Fried’s attorneys asked Judge Lewis Kaplan, who’s overseeing the case, to grant them permission to ask former Alameda Research CEO Caroline Ellison about whether she deleted Signal messages at FTX lawyers’ advice and what Anthropic AI’s recent fundraise means for FTX creditors.
What to Expect When Caroline Ellison Takes Stand in Sam Bankman-Fried’s Trial
Sam Bankman-Fried (left) and Caroline Ellison (CoinDesk archives, @carolinecapital, modified by CoinDesk)
DOJ Wants to Block Sam Bankman-Fried From Bringing Up Anthropic AI Raise in Court
The U.S Department of Justice wants the judge overseeing its case against Sam Bankman-Fried to block the defense team from introducing any evidence that his stake in artificial intelligence company Anthropic will benefit FTX creditors after the company’s recent fundraise.
Former Alameda Research CEO Caroline Ellison to Testify Tuesday in Sam Bankman-Fried Trial
Gary Wang, a former top lieutenant in Bankman-Fried’s empire, testified that Alameda had “special privileges” at FTX that allowed the hedge fund to spend $8 billion of exchange customers’ money.
Sam Bankman-Fried’s Lawyers Test the Judge’s Patience
It could take six weeks for prosecutors to make their case against Sam Bankman-Fried. But only three days were needed for the judge overseeing his trial to lose patience with the former crypto chief’s defense team.
THORSwap Pauses Platform After Series of FTX Hack-Linked Trades
A THORSwap developer said the team “stands firmly against any and all criminal actions” in a message to CoinDesk.