Tag: SBFs
FTX’s Downfall Couldn’t Have Happened Without SBF’s Fraud – Or Prager Metis’ Audit Failure
Auditing standards require at a minimum that auditors understand the entity and its environment, that it has the competency and independence to perfor [...]
Does SBF’s Appeal Stand a Chance of Succeeding?
In that time, the crypto industry has moved on: markets are up, VC dollars are back, and politicians are once again supporting the industry. Meanwhile [...]
SBF’s Parents Ask Court to Dismiss FTX’s Lawsuit Seeking to Recover Funds
Bankman and Fried, both professors at Stanford Law School, argued that Bankman did not have a fiduciary relationship with FTX and did not serve "as a [...]
As SBF’s Fraud Trial Winds Down a Year After FTX Collapse, Solana (SOL) and Other Assets Are Flying High
"This is great, but it's not entirely straightforward because a lot of the solana is locked," Braziel said. "Some of it is being moved around, being s [...]
(One Part of) SBF’s Defense Strategy Starts Paying Off
“Did you have a view that Alameda could borrow, so long as borrows weren’t in excess of assets?” Cohen asked Singh, clearly hoping for some variation [...]
Russian Cybercriminals May Have Been Behind Hack of SBF’s FTX, On-Chain Research Indicates
“Of the 4,536 Bitcoins converted from ether at RenBridge, 2,849 BTC was sent through mixers, predominantly a service called ChipMixer,” Ellipic said. [...]
SBF’s lawyers ask court to allow introduction of Anthropic evidence
In a motion filed on Oct. 10, Sam “SBF” Bankman-Fried’s lawyers requested that the court allow for the introduction of evidence supporting positive in [...]
SBF’s Alameda minted $38B USDT to profit off arbitrage trading: Coinbase director
Blockchain data flagged by Coinbase director Conor Grogan indicates that Alameda Research redeemed over $38 billion for Tether (USDT) tokens in 2021 d [...]
SBF’s Crypto Empire Was Built on a Lie
Some of FTX's employees in the U.S. knew about the backdoor in the exchange that allowed Alameda Research to withdraw billions in customer funds, acco [...]
Binance CEO CZ rejected SBF’s request for $40M for futures exchange: Going Infinite
Binance CEO Changpeng Zhao reportedly declined to pay $40 million to former FTX CEO Sam Bankman Fried for a futures crypto exchange in March 2019, acc [...]
Effective altruism fueled SBF’s ‘ridiculous’ actions at FTX: Ex-Alameda engineer
Effective altruism was used to justify “increasingly risky and ridiculous” actions at crypto exchange FTX prior to its ultimate collapse in November 2 [...]
SBF’s Dad Joe Bankman Thought FTX Wasn’t Paying Him Enough, So He Got SBF’s Mom Barbara Fried Involved
Bankman-Fried’s dad, Joe Bankman, was paid a $200,000 salary by FTX’s U.S. division, according to the filing from FTX’s bankruptcy estate, which just [...]
SBF’s lawyers want to quiz jurors on crypto, altruism and ADHD
Potential jurors in the upcoming criminal trial of former FTX CEO Sam Bankman-Fried could be asked their thoughts on crypto, effective altruism and at [...]
DOJ calls SBF’s fraud allegation defense ‘irrelevant,’ requests additional info
The lawyers representing the United States Department of Justice (DOJ) filed a new court document late on Aug. 29 arguing that Sam Bankman-Fried shoul [...]
DoJ wants to bar SBF’s expert witnesses from testifying in court
The United States Department of Justice (DOJ) filed a motion on Aug. 28 to have all seven of the expert witnesses for Sam Bankman Fried banned from te [...]