Tag: zac prince
Judge Allows FTX, BlockFi to Resume Claim Negotiations
Crypto lender BlockFi recently emerged from bankruptcy and has claimed the defunct crypto exchange FTX cost it more than $1 billion. ...
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Former BlockFi CEO Highlights How FTX Took Alameda Lenders Down With It
Posted October 13, 2023 at 7:11 pm EST. NEW YORK – The second week of Sam Bankman-Fried’s criminal trial came to a close...
BlockFi CEO Zac Prince testifies to lending relationship with Alameda Research before its collapse
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...
SBF’s Trial: BlockFi’s CEO Uncovers Billion-Dollar Loss
BlockFi's CEO Zac Prince testified today
(Friday) in the ongoing case against Sam Bankman-Fried (SBF),
highlighting a billion-dollar loss incurred by his crypto lending firm in
connection...
Sam Bankman-Fried’s Defense Team Could Not Break Caroline Ellison
Posted October 12, 2023 at 11:34 pm EST. NEW YORK—The cross-examination of the prosecution’s star witness, Caroline Ellison, concluded Thursday, without the defense...
SBF Trial Day 7 – Audio recordings reveal Ellison told Alameda employees about misuse of customer funds days before collapse
After an intense three days on the witness stand, Caroline Ellison, a former top deputy to FTX founder Sam Bankman-Fried (SBF), wrapped up...
SBF Trial Live Updates: The Story Behind Caroline Ellison’s FTT Tweet to Binance’s CZ – Decrypt
The trial of Sam Bankman-Fried, the disgraced founder of FTX and former crypto billionaire, has begun.Federal prosecutors accuse him of masterminding one of the...
Here’s What SBF’s Ex-Girlfriend Said In Court About the FTX Fraud
Former Alameda Research CEO Caroline Ellison took the stand on Tuesday to testify to the alleged crypto fraud led by her and her...
SBF Trial, Day 4: Gary Wang Reveals Alameda’s Special Privileges Extend to Early FTX
Posted October 6, 2023 at 10:38 pm EST. NEW YORK—In continued testimony Friday, Gary Wang, the co-founder of both Alameda Research and FTX...
SBF Trial, Day 3: Long-Time Friend Says, ‘FTX Defrauded All of Its Customers’
Reporting from inside Sam Bankman-Fried’s criminal trial: Former FTX software developer Adam Yedidia, Paradigm co-founder Matt Huang, and FTX cofounder Gary Wang took...
SBF Trial Day 3 – Former FTX CTO claims SBF granted Alameda Research ‘special privileges’ during witness testimony
The third day of the trial against Sam Bankman-Fried (SBF) unveiled deeper insights into the company’s financial operations and its founder’s personal habits.In...
Crypto firms hardpressed to find U.S. bank partners as industry blames ‘Operation Choke Point 2.0’
Cryptocurrency firms are struggling to find new banking partners following the closure of three of the largest crypto-friendly banks in the U.S. Stakeholders and...
Circle and BlockFi Questioned on Banking with SVB by Warren and AOC
Two members of Congress investigating the alleged “mutual backscratching arrangements” with the now-defunct Silicon Valley Bank questioned executives at the stablecoin...
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