SBF told to prep his case in jail while another FTX exec pleads guilty
Bankman-Fried must remain in jail after his $250 million bail was revoked last month amid claims that he had interfered with witnesses.
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Bankman-Fried must remain in jail after his $250 million bail was revoked last month amid claims that he had interfered with witnesses.
Former Alameda chief Caroline Ellison told employees that Sam Bankman-Fried made the decision to use customer funds, a recording reveals.
SBF is currently under house arrest but he's allowed to venture outside to meet with his attorney or the authorities.
FTX is unlikely to restart soon but is assessing the possibility, as it continues to recover funds for creditors.
An alarming report produced as part of FTX's ongoing bankruptcy describes failures in cybersecurity, internal controls, and asset management.
The deal avoids a lengthy legal battle with Modulo and gets around the fact that SBF won't be available due to ongoing criminal proceedings.
Sam Bankman-Fried relied on a number of trading desks beside Alameda Research to keep his empire functioning.
A superseding indictment has been filed against Sam Bankman-Fried additionally alleging bank fraud, securities fraud, and commodities fraud.
The UK-based investors are revealed to have sought police help following the collapse of FTX and the loss of millions in cash.
SBF looks to have taken a break from Twitter. Maybe it's good for crypto -- and our collective sanity -- that we take a break from him too.