New York Attorney General Letitia James filed a lawsuit Thursday morning against cryptocurrency companies Gemini Trust, Genesis Global Capital, and Digital Currency Group (DCG) for defrauding over 230,000 investors of over $1 billion.
Sam Bankman-Fried’s defense team requested a higher, longer-lasting dose of Adderall on Sunday night, so their client can meaningfully participate in his ongoing trial.
Fear, uncertainty, and doubt around Alameda Research’s relationship with his FTX cryptocurrency exchange caused Sam Bankman-Fried to consider shuttering the trading platform in 2022, according to an unpublished tweet thread revealed in his trial on Monday.
Last year, it took reporters digging into Alameda Research’s balance sheet to finally show that ex-FTX CEO Sam Bankman-Fried’s big crypto house of cards was built on a shaky bedrock of customer funds.
Barbara Fried, the 71-year-old mother of disgraced FTX founder Sam Bankman-Fried (SBF) once described herself as her son’s “partner in crime of the noncriminal sort.” A new lawsuit filed by FTX, now bankrupt and under control of a new CEO, however, alleges Fried and her husband were, in fac
If the spectacular failure of Sam Bankman-Fried’s FTX exchange wasn’t evidence enough, the crypto bubble has officially popped. Now, Bitcoin, one of the most widely used cryptocurrencies, has fallen to a two-month low.
The finger-on-the-pulse and Polk Award-winning crypto news media company CoinDesk is in dire straits. The website has reportedly laid off 45% of its editorial staff as parent company Digital Currency Group explores a sale.
Federal prosecutors want to once again take hold of the frizzy-haired ex-FTX head Sam Bankman-Fried and put him back in jail. Reports from inside pre-trial court hearings say the Department of Justice has had it up to here with the once-crypto kingpin leaking sensitive material to the press, alleging he’s trying to…