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Polymarket betters are predicting that former Alameda Research CEO Caroline Ellison will receive no prison time for her role in the FTX scandal ahead of her September 24 sentencing, a new poll on the prediction market’s website reveals. Ellison testified against SBF in his landmark fraud trial last …
Polymarket traders are betting that former Alameda Research CEO Caroline Ellison would not serve time in prison. Hours before a judge was set to decide Ellison’s fate, users on the decentralized prediction platform Polymarket wagered over $153,670 on a market…
House of Representatives members brought up FTX, Donald Trump’s token launch, and SEC Chair Gary Gensler at the “Dazed and Confused” digital assets hearing.
FTX auditor Prager Metis has settled with the SEC for audit norm violations. Prager Metis conducted two defunct FTX audits between 2021 and 2022. SEC ...
Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her extensive cooperation with authorities and personal acceptance of responsibility for her actions. Caroline Ellison…
In an explosive thread on X, Cyber Capital founder Justin Bons accused Tether of being the largest fraud in crypto history. He believes that the stablecoin issuer’s alleged scandal has surpassed the scandals of both FTX and Bernie Madoff. Bons warned that Tether’s lack of transparency and failure to…
The post FTX Unstakes Over $1 Billion in Solana: What’s Next For Crypto’s Comeback Kid? appeared first on Coinpedia Fintech News FTX recently unstaked over $1 billion worth of Solana (SOL), sparking concerns about the impact on the market. Despite this massive unstaking, Solana has shown resilience,…
Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him a fair trial and seek a retrial with a different judge. Sam Bankman-Fried’s Appeal Targets Conviction O…
Bankman-Fried was found guilty in November of defrauding customers, lenders and investors of FTX and later sentenced to 25 years in prison.
As Solana approaches a comeback, potentially surpassing $137, a black swan event signals a massive influx of supply, which could… The post What’s Next For Solana as FTX Unstakes $1B SOL first appeared on The Crypto Basic.
Ex-FTX Digital Market co-CEO Ryan Salame will resume his prison sentence on Oct 11. A United States court has granted the government’s request to move up the date of Salame’s self-surrender. The aftermath of FTX implosion left users with high losses sparking a series of regulatory moves by regulator…
Former FTX executive Ryan Salame faces potential sanctions after admitting to making false statements during his 2023 guilty plea for campaign finance and money-transmitting crimes. US District Judge Lewis Kaplan, overseeing the case, expressed concerns about Salame’s earlier testimony, where he den…