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Former FTX lawyer expected to testify against Sam Bankman-Fried

Former FTX lawyer Daniel Friedman spoke to investigators about Sam Bankman-Fried’s business dealings back in November, Reuters reports.

Scoop: Larry Summers gives up advisory role at crypto firm DCG amid criticism

Harvard professor Larry Summers has wiped all mention of his advisory role at DCG following backlash for comments he made about FTX.

Sam Bankman-Fried is expected to plead ‘not guilty’ at his arraignment for criminal charges related to the behavior of FTX and Alameda.

Bankman-Fried has landed in the US as members of his inner circle, Caroline Ellison and Gary Wang, plead guilty to an array of fraud charges.

If Genesis fails, $350 million of the $600 million owed to Todd Boehly’s Eldridge would become due, according to the terms of the loan.