# Government objects to ‘unnecessary,’ ‘prejudicial’ SBF jury selection questions

Admin3 years ago04 mins

The U.S. attorney sees no reason for potential jurors to discuss effective altruism or ADHD, among other things, before trying SBF. On Sept. 15, the United States government responded to questions the defense has suggested posing to potential jurors during their selection for the case against former FTX CEO Sam Bankman-Fried. He faces seven charges…

# Solana falls 6% amid fears of FTX dump — but there’s a catch

Admin3 years ago06 mins

The price of Solana has plunged as the market fears a large FTX sell-off, however, it seems unlikely that the now-defunct exchange will dump all of its holdings at once. The price of Solana (SOL) has plunged more than 6% the last 24 hours, amid fears that bankrupt crypto exchange FTX may soon liquidate its…

# FTX court filing reveals former Alameda CEO’s .5M yacht purchase

# FTX court filing reveals former Alameda CEO’s $2.5M yacht purchase

Admin3 years ago06 mins

The payment to the American Yacht Group was disclosed under the category of payments benefiting any insider within one year prior to the crypto exchange collapse. FTX Debtors have disclosed a series of financial statements revealing transactions that benefited company executives shortly before the major cryptocurrency exchange’s collapse in November 2022. In a recent court…

# FTX suspends user accounts amid Kroll cyber breach concerns

Admin3 years ago03 mins

FTX took the decision as a proactive measure to prevent any potential future incidents or additional harm following the recent hack. Following the recent Kroll cybersecurity breach, bankrupt crypto exchange FTX has temporarily suspended accounts of impacted users accessing its claims portal. FTX announced the decision on X (formerly Twitter) as a proactive measure to…

# Sam Bankman-Fried’s lawyers push for temporary release, object to prosecutors’ proposed deal

Admin3 years ago06 mins

The U.S. Justice Department has produced “millions of pages of documents” related to SBF’s criminal case, which his lawyers claimed was too much to access from jail before trial. Lawyers representing former FTX CEO Sam Bankman-Fried, or SBF, have claimed the “extraordinary accommodations” offered by authorities were insufficient in order for him to prepare for…