Sam Bankman-Fried wanted to be President of the United States: Ellison
Caroline Ellison, formerly the CEO of Alameda Research, took the stand in the criminal case of ex-FTX CEO Sam Bankman-Fried on Oct. 10.
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Caroline Ellison, formerly the CEO of Alameda Research, took the stand in the criminal case of ex-FTX CEO Sam Bankman-Fried on Oct. 10.
Mike Dalton 3 min read
The second week of hearings is expected to be dominated by Ellison's testimony — which may take place as early as Oct. 10.
The value of SBF's $500 million investment in Anthropic could jump to more than $4 billion if the AI company secures new funding.
Paul Grewal believes that if the U.S. keeps dithering on crypto regulation, the industry will meet the same fate as semiconductors.
The first week of the SBF trial has not gone very well for the former billionaire as former colleagues and friends have become key witnesses against him.
The FTX co-founder admitted to several instances of criminal activity in the exchange's dealings with Alameda Research and is fully cooperating with prosecutors.
Musk expressed confidence that regulatory changes were inevitable, 'estimating' a 100% probability of reform.
Day three of the SBF trial entailed further witness testimony from people closely involved with SBF and FTX.
The regulator said the billionare failed to honor a subpoena that has been served since May.