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Chinese Bribes, Thai Prostitutes and an End to the Lies: Caroline Ellison’s Explosive Second Day of Testimony Against Sam Bankman-Fried
The former Alameda Research CEO wept on the witness stand during her second day of testimony in Sam Bankman-Fried's fraud trial.
JPMorgan Debuts Tokenized BlackRock Shares as Collateral with Barclays
BlackRock said tokenization of money market fund shares as collateral in clearing and margining transactions would dramatically reduce the operational friction in meeting margin calls.
SBF's Lawyers Want to Ask Caroline Ellison About FTX's Anthropic AI Stake
Ellison, the former Alameda CEO, testified Tuesday that she was consulted on FTX's investment portfolio.
Israeli Crypto Firms Scramble to Deal With War, in Between the Sirens
Few operational disruptions were reported, but some crypto employees were getting called up for reserve duty. Executives and developers coped with the stress of attending funerals, responding to security warnings and encountering supermarket shortages.
Grocery Chain Trader Joe’s Sues Unaffiliated Crypto Project That’s Using Its Name; JOE Token Sinks
The grocer alleged the Trader Joe decentralized exchange chose a similar name to benefit from the former’s popularity.
Bankman-Fried Seeks to Probe Lawyers’ Involvement in $200M ‘Sham’ Alameda Loans
The defendant in a multi-billion fraud trial is pressing to blame legal advice, despite judicial reluctance to let him.
What to Expect When Caroline Ellison Takes Stand in Sam Bankman-Fried's Trial
The former Alameda CEO will “tell you about how she and the defendant stole money customers entrusted to FTX,” a prosecutor said. Defense’s cross-examination may get personal.
Israel War Prompts Crypto Firms Including Fireblocks, MarketAcross to Start Aid Fund
The organization will host a multi-signature wallet to collect donations for Israelis in multiple cryptocurrencies, including bitcoin (BTC) and ether (ETH) as well as the dollar-linked stablecoins USDT and USDC.
DOJ Wants to Block Sam Bankman-Fried From Bringing Up Anthropic AI Raise in Court
FTX owns a stake in Anthropic which was worth $500 million last year.
Former Alameda Research CEO Caroline Ellison to Testify Tuesday in Sam Bankman-Fried Trial
Gary Wang, a former top lieutenant in Bankman-Fried’s empire, testified that Alameda had “special privileges” at FTX that allowed the hedge fund to spend $8 billion of exchange customers’ money.
