The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to Alameda while raising $1.8B+ since at least May 2019
SBF's “carelessness” fraud defense, after misrepresenting risk management and funneling customer money to Alameda, is a confession the SEC sees straight through
Oh Sam — I. — Here is how you run a futures exchange: — You offer some bets on some propositions, say, whether Bitcoin will go up or down. Tweets: @qasimrashid , @eliotwb , @b...
The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to Alameda while raising $1.8B+ since at least May 2019
Defendant concealed his diversion of FTX customers' funds to crypto trading firm Alameda Research while raising more than $1.8 billion from investors
The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to Alameda while raising $1.8B+ since at least May 2019
Defendant concealed his diversion of FTX customers' funds to crypto trading firm Alameda Research while raising more than $1.8 billion from investors
SBF will testify before a House committee on December 13 but “respectfully declines” to testify in front of a Senate committee, which may issue a subpoena
The FTX founder said on Twitter he would appear before a House committee next week, but was quiet about a similar request from a Senate committee.
Source: the US DOJ is preparing a possible fraud case against Sam Bankman-Fried and others, examining cash flows to the Bahamas around FTX's bankruptcy filing
US prosecutors, laying the groundwork for a potential fraud case against Sam Bankman-Fried and others involved in the collapse …
Binance CEO Changpeng Zhao says the company signed a non-binding letter of intent to acquire FTX.com and help cover its liquidity crunch, pending due diligence
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover th...
On-chain data from Ethereum, Tron, and Solana: FTX appears to have stopped processing withdrawal requests, starting at 6:37am ET for ether
- Crypto exchange FTX seems to have stopped processing withdrawal requests, according to on-chain data. — The last outgoing transaction …
Celsius co-founder and CEO Alex Mashinsky resigns from the bankrupt cryptocurrency lender, writing his “role as CEO has become an increasing distraction”
and risky—swing Bessie Liu / Blockworks : Alex Mashinsky Steps Down As Celsius CEO Jana Serfontein / Crypto Daily : CEO Of The Bankrupt Celsius Network Resigns Financial Times : Al...
Source: FTX is in the process of raising a $1B round, which hasn't closed, as Sam Bankman-Fried considers bidding for bankrupt lender Celsius Network's assets
Sam Bankman-Fried, the crypto billionaire who has been bailing out distressed industry players in recent months …
Whistleblower complaint: Twitter's ex-head of security Peiter Zatko alleges the company misled the FTC over its security plans, did not protect users, and more
In an explosive whistleblower complaint obtained by The Washington Post, former Twitter security chief Peiter ‘Mudge’ Zatko alleges …
Elon Musk subpoenas former Twitter CEO Jack Dorsey, ahead of his trial with Twitter set to begin on October 17 in the Delaware Court of Chancery
1/ https://twitter.com/... Nate Anderson / @claritytoast : Things are heating up. Looks like Elon Musk officially subpoenaed his friend Jack Dorsey in an effort to prove he oversaw...
US banking regulators order Voyager Digital to cease and desist from making “false and misleading” claims that its customers' funds were insured by the FDIC
US banking regulators order Voyager Digital to cease and desist from making “false and misleading” claims that its customers' funds were insured by the FDIC
U.S. banking regulators have ordered crypto firm Voyager Digital to cease and desist from making “false and misleading” …
Binance paused bitcoin withdrawals for a few hours on Monday “due to a stuck transaction causing a backlog”; the company says BTC withdrawals have since resumed
CEO Changpeng Zhao attributed the issue to a “stuck transaction,” and promised a quick fix. Source: @cz_binance , @binance , and @cz_binance .
Major cryptocurrencies crash as the crypto market cap falls below $1T: bitcoin drops 15%+ to ~$22K, ether drops 16%+ to ~$1.2K, and Solana drops 7%+ to ~$28
(Any views expressed below are the personal views of the author … Mitchell Clark / The Verge : BlockFi and Crypto.com lay off hundreds of staff as coins slump Dylan LeClair / Bitco...
DeFi lending platform Celsius pauses “all withdrawals, Swap, and transfers between accounts”, citing extreme market conditions
We are writing with a very important message for our community. — Due to extreme market conditions, today we are announcing that Celsius is pausing …
DeFi lending platform Celsius pauses “all withdrawals, Swap, and transfers between accounts”, citing extreme market conditions
We are writing with a very important message for our community. — Due to extreme market conditions, today we are announcing that Celsius is pausing …
By tweeting that his Twitter deal is “on hold”, Musk yet again commits “lite securities fraud” while laying the groundwork to walk away or renegotiate the price
Musk's Deal On Hold Politique Republic : Elon Musk is Paying Too Much for Twitter Chandraveer Mathur / iPhone Hacks : Elon Musk Says the $44 Billion Twitter Deal Is ‘on Hold’ Owen ...
Elon Musk says his Twitter deal is “temporarily on hold” till a review of “spam/fake accounts”, but is “still committed to acquisition”; stock closes down 9.67%
Elon Musk said on Friday his $44-billion deal for Twitter Inc (TWTR.N) was temporarily on hold … Source: @elonmusk and @elonmusk .