Browsing Tag
Fraud
224 posts
SBF trial day 17: Jury begins deliberation over Bankman-Fried verdict
On Nov. 2, Jury deliberation began in United States v Bankman-Fried over fraud allegations, conspiracy, and money laundering…
SEC charges SafeMoon and founders with crypto securities fraud
SafeMoon and executive team members like Kyle Nagy were indicted in the Eastern District of New York in…
SBF trial day 17: FTX founder pitched as a criminal and a victim in closing arguments
Attorneys for the government and defense delivered their closing arguments in United States v Sam Bankman-Fried, the trial…
SBF trial day 16: Judge Kaplan denies acquittal motion, closing arguments set for Nov. 1
Sam Bankman-Fried’s testimony concluded on Oct. 31 as prosecutors outlined inconsistencies in his statements and defense lawyers pointed…
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…