2023-10-14 20:08 |
The second week of Sam Bankman-Fried’s criminal trial for fraud concluded with witness testimony from Zac Prince, whose crypto lending firm BlockFi loaned $1.1 billion to Alameda before FTX’s collapse.
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Zac Prince, the CEO of BlockFi, continued to provide testimony in the criminal trial of former FTX CEO Sam Bankman-Fried on Oct. 13. In the previous day’s testimony, Prince described his firm’s lending relationship with Alameda Research.
2023-10-14 02:10 | |
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Former FTX CEO Sam Bankman-Fried was once “freaking out about” getting regulators to crack down on Binance and raising capital from a Saudi crown prince, according to former Alameda CEO Caroline Ellison.
2023-10-12 03:17 | |
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Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried’s criminal trial, delving into potential investments prior to FTX’s bankruptcy.
2023-10-12 19:47 | |
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A recent court report alleges BlockFi CEO Zac Prince dismissed repeated warnings from his risk management team about the shaky financials of major counterparty FTX. According to the report, Prince pushed to increase lending to FTX and sister entity Alameda…
2023-7-19 16:25 | |
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According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021.
2022-7-2 23:03 | |
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BlockFi’s CEO Zac Prince on July 1 announced a $400 million credit facility from FTX and the option to purchase the company in its entirety for up to $240 million depending on performance. The post FTX gives BlockFi $400M credit facility; has option to buy company for up to $240 million appeared first on CryptoSlate.
2022-7-2 22:58 | |
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BlockFi CEO Zac Prince has denied rumors that FTX would be acquiring the company for $25 million. Multiple publications said the acquisition deal would be closed by the end of the week. The post BlockFi CEO Dismisses Rumors Company Would Be Sold for $25M appeared first on BeInCrypto.
2022-7-1 16:00 | |
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Crypto lending platform BlockFi has signed a term sheet with leading crypto exchange FTX to secure a $250 million revolving credit facility, BlockFi CEO Zac Prince announced June 21. The post BlockFi gets $250 million credit facility from FTX to support platform appeared first on CryptoSlate.
2022-6-22 00:00 | |
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Ryan Salame’s sentence insight into the fates that lie ahead for SBF’s inner circle, which also includes his on-off girlfriend Caroline Ellison and head of engineering Nishad Singh. Prosecutors had sought five to seven years for former FTX executive Ryan…
The first of Sam Bankman-Fried’s associates to plead guilty to criminal charges has been sentenced to 7.5 years in prison. This length exceeds the prosecutors’ request for Ryan Salame, a former FTX executive, to be imprisoned for five to seven…
The location of the new prison is undisclosed as of early Thursday, but is thought to be in California, WSJ said. He is likely to be placed in a medium-security prison.
Former FTX executive Ryan Salame faces a potential five to seven years in prison as prosecutors emphasize the gravity of his criminal activities. Federal prosecutors have recommended that former FTX executive Ryan Salame serve five to seven years in prison…
The New York Attorney General Letitia James has reached a $2 billion settlement with Digital Currency Group subsidiary Genesis.
Stanislav Andreyev, a senior lawyer with SBSB Fintech Lawyers, and Bing Wang, a legal advisor at basedVC, spoke to crypto. news about how Roger Ver’s case might shape the regulatory landscape for cryptocurrencies.
Stanislav Andreyev, a senior lawyer with SBSB Fintech Lawyers, and Bing Wang, a legal advisor at basedVC, spoke to crypto. news about how Roger Ver’s case might shape the regulatory landscape for cryptocurrencies.