Sam Bankman-Fried expected to plead ‘not guilty’ — but why?
Sam Bankman-Fried is expected to plead 'not guilty' at his arraignment for criminal charges related to the behavior of FTX and Alameda.
19 stories, newest first
Sam Bankman-Fried is expected to plead 'not guilty' at his arraignment for criminal charges related to the behavior of FTX and Alameda.
Unlike Sam Bankman-Fried, Ellison has remained publicly silent since FTX's collapse and hasn't tweeted since early November.
It's been reported that insurance policies provided by Relm for FTX and Alameda-related companies total in excess of $15 million.
HiveEx, an over-the-counter trading desk, was purchased by Alameda Research in 2020 and then used to accept deposits for FTX.
Since it became clear that FTX and Alameda were struggling, the price of SOL has dropped over 50%, far greater than other network tokens.
BitDAO has called out Alameda Research to demand proof that it didn’t break an agreement to not sell each other’s tokens.
On-chain researchers suggest FTX may be pulling assets from Solana's Wormhole protocol to make sure it can cover liquidity needs.
A court filing details how Sam Bankman-Fried's company has been ordered to hand over 6,500 bitcoins and 50,000 ether by the end of September.
Court documents suggest Alameda Research initially took out a $1.6 billion loan with Voyager Digital before it filed for bankruptcy.