2023-8-19 21:48 |
With a nod to Sam Bankman-Fried, CoinDesk staff crowdsource their fears, anxieties and disappointments — for your enjoyment! origin »
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Republican U.S. presidential candidate Donald Trump won chits from the Bitcoin community for reportedly purchasing smash burgers at a Bitcoin-friendly New York pub. But in a way, the whole episode was about damage control.
Caroline Ellison was sentenced Tuesday afternoon.
Former Alameda Research CEO Caroline Ellison should be sentenced to time served and a non-custodial term after her cooperation with prosecutors in taking down Sam Bankman-Fried, her attorneys said in a late Tuesday night filing.
Sam Bankman-Fried's attorneys asked Judge Lewis Kaplan, who's overseeing the case, to grant them permission to ask former Alameda Research CEO Caroline Ellison about whether she deleted Signal messages at FTX lawyers' advice and what Anthropic AI's recent fundraise means for FTX creditors.
Security and risk checks were “poor” at the company, but the implosion of the trading firm came as a surprise to insiders.
The lawsuit alleges that fraudulent transfers of cash and shares were used to finance political donations, real estate buys, Sam Bankman-Fried’s criminal defense, and even potentially an island.