Former FTX CTO Gary Wang Asks Court for No Jail Time

2024-11-7 18:16

Gary Wang, the former chief technology officer at FTX and a one-time member of former CEO and convicted fraudster Sam Bankman-Fried’s inner circle, has requested that he serve no prison time for his role in the crypto exchange’s 2022 implosion.

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Источник: coindesk.com

former time → Результатов: 126


Is Bitcoin Ready To Break Through $70,000? Analyzing The Next Steps For The Crypto Leader

As the US presidential election draws near, Bitcoin has briefly surged to the $70,000 mark for the first time in over five months. This milestone coincides with former President Donald Trump leading in polls against Vice President Kamala Harris, setting the stage for potential shifts in the cryptocurrency landscape depending on the election outcome.

2024-10-29 05:33


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Trump pulls ahead in betting markets, Musk calls it a more accurate forecast

Former President Donald Trump has gained a slight edge over Vice President Kamala Harris in betting markets for the 2024 presidential election, with Polymarket showing him ahead 53.7% to 45.6%. The margin, while narrow, marks the first time Trump has taken the lead since Harris was nominated by the Democratic party after President Joe Biden […] The post Trump pulls ahead in betting markets, Musk calls it a more accurate forecast appeared first on CryptoSlate.

2024-10-8 23:00


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Caroline Ellison seeks no jail for role in FTX collapse due to cooperation

Caroline Ellison, former co-CEO of Alameda Research, has requested no jail time for her role in the FTX collapse, according to a Sept. 10 court filing. Her legal team argued that her sentence should be limited to time served, followed by supervised release, because of her extensive cooperation with the authorities during Sam Bankman-Fried’s trial.

2024-9-11 14:57


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Trump campaign leans in on crypto with new donation page amid shifting political landscape

Former President Donald Trump has begun accepting crypto donations for his re-election campaign, making him the first US Presidential candidate to adopt digital assets for funding. According to a May 21 statement: “This addition to President Trump’s already groundbreaking digital fundraising operation marks the first time a major party Presidential nominee has embraced cryptocurrency for […] The post Trump campaign leans in on crypto with new donation page amid shifting political landscape appeared first on CryptoSlate.

2024-5-22 01:13


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Bitcoin (BTC) sell pressure eases as M2 money supply flips, former BitMEX CEO sees gradual recovery

There are signs that Bitcoin (BTC) is headed for potential relief from the selling pressure it has faced in recent weeks. The M2 money supply, a crucial economic indicator, has flipped positive for the first time since November 2022, hinting at a shift in investor sentiment towards assets like Bitcoin. In addition, prominent crypto market […]

2024-5-4 14:12


Disgraced FTX Co-Founder Placed On Suicide Watch In Prison, Reveals Former Inmate

Sam Bankman-Fried, the co-founder of the FTX crypto exchange, who was recently found guilty of multiple counts of criminal fraud, reportedly faced a harrowing experience while incarcerated.   According to a former mobster turned federal informant, Gene Borrello, who shared a prison cell with Bankman-Fried, the disgraced crypto executive was placed on suicide watch and endured challenging conditions during his time at Brooklyn Metropolitan Detention Center (MDC) while awaiting sentencing next year.

2023-12-2 00:00


Repeat of 2020? Analyst Says This Crucial Altcoin Metric May Trigger Another Huge Altseason

A leading cryptocurrency analyst is predicting that a significant altcoin rally could be in the works based on key technical indicators. Moustache, who has over 80,000 followers on social network X (former Twitter), noted that the total altcoin market cap has broken out of its Gaussian channel for the first time in more than three […] The post Repeat of 2020? Analyst Says This Crucial Altcoin Metric May Trigger Another Huge Altseason appeared first on CaptainAltcoin.

2023-11-25 10:00


Judge Sets Deadline: FTX Founder SBF’s Fate Hangs On September 7 Jury Request

In a dramatic courtroom exchange, Judge Lewis Kaplan and the defense team representing former FTX CEO Sam Bankman-Fried (SBF) discussed trial preparation challenges and looming deadlines today.  The proceedings shed light on the defense’s alleged difficulties in handling the case from within Brooklyn’s Metropolitan Detention Center (MDC) walls. At the same time, the judge offered […]

2023-8-31 05:00


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Looking at Sam Bankman-Fried's Appeals Process

As expected, Sam Bankman-Fried's legal team filed a notice of his intent to appeal his conviction on fraud and conspiracy charges. So far all we have is just the notice – the actual brief won't come for some time yet.

Does Sam Bankman-Fried Deserve 50 Years in Prison?

The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys have now both filed their arguments, as well as statements from FTX creditors (from the prosecution) and Bankman-Fried's family and friends (from the defense).