In a formal court filing on Tuesday, appointees of Florida Governor Ron DeSantis urged a judge to rule in favor of their case against Disney without the need for a full trial. The case revolves around the takeover of a board overseeing Walt Disney World by the governor, which was seen as a response to …
Disgraced FTX founder, Sam Bankman-Fried, is scheduled to make an appearance in a Manhattan federal court this Friday afternoon. In this hearing, a judge will determine whether Bankman-Fried ought to be sent to jail while awaiting trial for allegedly defrauding customers of billions of dollars. Federal prosecutors will present their argument as to why Bankman-Fried …
Sam Bankman-Fried, the 31-year-old crypto entrepreneur, allegedly used stolen funds from FTX’s sister hedge fund, Alameda Research, to pay his legal defense team a whopping $10 million. According to a new lawsuit filed in Delaware bankruptcy court, the funds were transferred as a “Bankman Gift Transfer” from Bankman-Fried’s FTX account to his father’s personal account …
In a series of private writings, Caroline Ellison, the former polyamorous partner of disgraced FTX founder Sam Bankman-Fried, revealed her concerns about causing drama during their numerous breakups. Ellison, who is expected to testify against Bankman-Fried in his upcoming trial for allegedly defrauding FTX customers out of billions, detailed her dissatisfaction and discomfort with their …
Sam Bankman-Fried, the founder of now-bankrupt cryptocurrency exchange FTX, has been denied his request to have criminal charges thrown out by a US judge. The ruling means that Bankman-Fried will proceed to trial on October 2nd. Prosecutors allege that the 31-year-old stole billions of dollars from FTX customer funds in order to cover losses at …
In a significant legal development, a former high-ranking executive at Goldman Sachs, Brijesh Goel, has been found guilty of engaging in illegal insider trading. The verdict was delivered by a New York jury on Wednesday, following the trial that commenced in Manhattan on June 12. Prosecutors successfully argued that Goel had shared confidential information about …