SBF Trial Day 2: Opening Statements and Witness Testimony Opening Statements: Federal prosecutors began the second day of the trial by accusing Sam Bankman-Fried (SBF), the…
FTX Employees Discover Backdoor in Alameda Research A group of FTX U.S.-based employees found a backdoor for its affiliated trading firm Alameda Research months before the…
Alameda Research Used Secret Backdoor in FTX to Withdraw Customer Funds The Wall Street Journal has confirmed that Alameda Research, a third-party company, used a secret…
Opening Arguments in Trial of Former FTX CEO Sam Bankman-Fried The trial of Sam Bankman-Fried, the former CEO of defunct crypto exchange FTX, began with opening…
FTX Drainer Causes Disruption in the Crypto Community A notorious FTX account drainer has recently made significant money transfers, causing disruption in the crypto community. Since…
The FTX Exploiter Moves $36.8 Million Worth of Ether Amid Court Trials The crypto wallet address associated with the FTX exploiter has transferred approximately $36.8 million…
Celebrities Paid Handsomely to Promote FTX Former NFL quarterback Tom Brady received a whopping $55 million to appear in sports commercials for the now-collapsed cryptocurrency exchange…
A Diverse Jury Selected in Sam Bankman-Fried’s Trial A pregnant physician’s assistant, a train conductor, and a retired investment banker are among the 12 individuals chosen…
FTX Executive Pleads Guilty to Conspiracy Charges On the second day of the trial involving FTX co-founder Sam Bankman-Fried, FTX executive Ryan Salame appeared in court…