Browsing Tag
Fraud
220 posts
FTX Africa ambassadors face violent threats from community
Brand ambassadors for FTX Africa are now facing life-threatening situations and public backlash following the platform’s financial collapse.
SBF trial day 15: “I was trying to help” FTX founder claims on third day of testimony
FTX’s founder stuck to his guns on who to blame for Alameda’s spending and use of customer funds…
Crypto industry observing unprecedented fraud scenarios
According to a recent Sumsub report, 2023 has been marked by increasing professionalization in fraud tactics, with 77%…
FTX founder Sam Bankman-Fried takes the stand: Recap of trial day 14
Former FTX CEO and Founder Bankman-Friend takes the stand today, blaming Caroline Ellison for poor management in Alameda…
SBF trial day 14: FTX’s Bankman-Fried blames Alameda’s Ellison for absent hedging
FTX founder Sam Bankman-Fried testified before Judge Kaplan and a jury in a New York federal court claiming…
SBF trial day 13: FTX founder claims ignorance in mock testimony
United States v Sam Bankman-Fried continued its fourth week at trial with testimony from the FTX founder himself…
Breaking: FTX founder Sam Bankman-Fried to testify in criminal trial
Mark Cohen, lead attorney for the defense in United States v Sam Bankman-Fried, said his client will take…
FTX cooperators unlikely to see jail time, says ex-prosecutor
Former Southern District of New York prosecutor Josh Naftali said Caroline Ellison, Gary Wang and Nishad Singh will…
SBF trial day 12: FTX founder misled in-house lawyers on Alameda; use of customer funds
Prosecutors called FTX general counsel Can Sun to the stand following financial forensics and evidence of internal communications…
Sam Bankman-Fried trial day 12: A $7 billion hole in FTX’s balance
Concluding the third week of Bankman-Fried’s trial, the former General Counsel revealed that FTX had a $7 billion…