The US BOP releases Caroline Ellison, the former FTX executive and ex-girlfriend of Sam Bankman-Fried, after about 14 months; she had a two-year sentence
- Caroline Ellison, the exec involved in the FTX scandal, has been released from federal custody. — The former Alameda Research CEO …
A US judge sentences Sam Bankman-Fried to 25 years in prison for stealing from users of his now-bankrupt FTX crypto exchange and orders him to forfeit $11B+
Past 6 pm on December 29 … Matthew Russell Lee / Matthew Russell Lee's Newsletter : Aftermath: SBF Sentenced to 25 Years in Prison After Coin Flip and Presidential Aspirations Cited by Judge - Ellison...
A Florida court filing accuses the Bahamas-based Deltec Bank of giving Alameda Research a short-term line of credit worth billions of dollars to buy Tether
Zeke Faux / Bloomberg :
A Florida court filing accuses the Bahamas-based Deltec Bank of giving Alameda Research a short-term line of credit worth billions of dollars to buy Tether
- Deltec is alleged to have provided a short-term line of credit — Court documents suggest a tighter web than previously known
A look at Praxis, which raised $19.2M from Paradigm, Alameda Research, and others to build a city on the Mediterranean for tech bros and downtown NY tastemakers
A jury finds Sam Bankman-Fried guilty on all seven counts of fraud and conspiracy in the FTX trial; the judge sets SBF's sentencing for March 28, 2024
Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty …
SBF testifies that he only understood “pieces” of his companies' full financial state and was “very surprised” by FTX's $8B balance-sheet hole in October 2022
Bankman-Fried Testifies About FTX's Operations and Alameda The Block : SBF paints alternative view of his knowledge of the Fiat@ account in court Vinicius Barbosa / Finbold : FTX founder knew ‘basical...
A live blog of Sam Bankman-Fried's testimony in front of a jury at his criminal fraud trial in NYC over the collapse of FTX
given how today's testimony went even with limited ammunition from prosecutors, it seems disastrous to allow SBF to undergo cross-examination in the presence of a jury Jacob Silverman / @silvermanjaco...
In five hours of cross-examination, SBF's lawyer did not elicit any revelations or inconsistencies from Caroline Ellison, who said SBF made “terrible mistakes”
because SBF had over $10 billion in assets in FTX equity. Teddy Schleifer / @teddyschleifer : But shortly before 3 p.m., Caroline Ellison left the courtroom. She did not make any eye contact with Sam....
US v. SBF: Caroline Ellison says SBF asked her to make false balance sheets to hide debt, he considered offering FTX shares to the Saudi crown prince, and more
Caroline testified that SBF ordered her to use FTX customer funds to cover up for Alameda's losses — and to lie to lenders about it. She was in a “constant state of dread” about the looming liquidity...