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By Jane Wester | October 30, 2023
Bankman-Fried said he was not sure whether he described the FTX platforms as safe.
3 minute read
By Jane Wester | October 27, 2023
Over several objections from prosecutors who argued that Bankman-Fried was providing "narrative" rather than simply responding to Cohen's questions, Bankman-Fried described his leadership of FTX and Alameda Research, the crypto trading firm he founded in 2017.
4 minute read
By Jane Wester | October 26, 2023
U.S. District Judge Lewis Kaplan of the Southern District of New York observed that FTX and Alameda Research founder Sam Bankman-Fried has "an interesting way of responding to questions" as he took the stand in his fraud and money laundering trial.
3 minute read
By Jane Wester | October 25, 2023
U.S. District Judge Lewis Kaplan of the Southern District of New York already demonstrated a willingness to question witnesses himself in the course of the first three weeks of the trial.
5 minute read
By Amanda O'Brien | October 24, 2023
Michael Saarinen left Shearman weeks after partners overwhelmingly voted in favor of the merger with Allen & Overy.
4 minute read
By Jane Wester | October 20, 2023
With the charges dismissed, the only step remaining before a potential appeal is a remedies phase.
4 minute read
By Jane Wester | October 17, 2023
Defense counsel' Mark S. Cohen's first questions related to Singh's testimony, on direct examination, that he sometimes thought Bankman-Fried's spending was excessive or involved bad business decisions.
3 minute read
By Jimmy Hoover | October 17, 2023
The high court has agreed to hear an appeal from New York homeowners fighting to revive a putative class action against the national bank over its alleged failure to comply with a 1974 state law
4 minute read
By Trudy Knockless | October 16, 2023
"We're seeing a very aggressive stance in this administration, where penalties that the SEC is assessing now really aren't tied to precedent, and they're much larger than they've been in the past," said Kelly Gibson, a partner at Morgan, Lewis & Bockius.
6 minute read
By Jane Wester | October 12, 2023
A former Alameda Research software engineer testified that Ellison's nervous laughter, which was audible in the recording, was not unusual for the former cryptocurrency trading firm CEO.
5 minute read
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