#ftx
Is anyone surprised to learn that Bill Clinton and Tony Blair were on a panel at an #FTX conference in the Bahamas about a year ago? Why?
These guys sold neoliberalism to the centre-left in the US and UK respectively. So well a lot of the suckers are still investing and expecting it to pay-off down the line (spoiler; it won't). They're experts in selling pyramid schemes. An FTX conference is the only place I'm *not* surprised to see them.
Sam Bankman-Fried Scoops Help CoinDesk Win Major Journalism Award - FTX, an industry titan, ended up in bankruptcy court nine days after a November 2022 scoo... - https://www.coindesk.com/business/2023/09/29/sam-bankman-fried-scoops-help-coindesk-win-major-journalism-award/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #journalism #coindesk #finance #awards #news #ftx
In the discussion where he ultimately denied the request for release, Judge Kaplan raised concerns that Sam Bankman-Fried might try to flee "if things begin to look bleak" at trial.
"I gather he's 31-years-old, and if things begin to look bleak… and if he had the opportunity to, maybe the time would come that he would seek to flee."
Wow, a #billionaire #techbro / #cryptobro is actually being held to the same legal standard as an ordinary citizen? What the heck is going on here?
Oh, wait... #SBF's net worth effectively disappeared overnight when #FTX and #SVB went belly-up, right?
Ahh, yep, there it is. He's no longer a billionaire, so his #GetOutOfJailFreeCard has been revoked. He's effectively an ordinary citizen again, so he's once again bound by the same laws that apply to everybody else.
Such a sudden, tragic fall from grace! What ever shall he do?! 😂
They argued that he will not have enough time to debrief and prepare for the next day of trial if he's in custody. The government opposed the motion, saying that he had failed to make an argument as to why he's different from the many others who are detained during their trials.
Sam Bankman-Fried will remain in jail for the duration of trial. Judge Kaplan has denied the request by his legal team that he be released during trial to a temporary residence in NYC, where he would have been supervised by a security guard.
https://www.courtlistener.com/docket/66631292/296/united-states-v-bankman-fried/
Judge Denies Temporary Release For Sam Bankman-Fried During Trial - - https://www.coindesk.com/policy/2023/09/28/judge-denies-temporary-release-for-sam-bankman-fried-during-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #sambankman-fried #policy #news #ftx
Judge denies final pre-trial request from Sam Bankman-Fried for temporary release - The federal judge overseeing Sam Bankman-Fried's fraud case repor... - https://cointelegraph.com/news/judge-denies-sam-bankman-temporary-release #sambankman-fried #regulation #crimes #court #ftx
FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B - The expected payout to FTX creditors has reached 37 cents on the dollar, the highest sinc... - https://www.coindesk.com/markets/2023/09/28/ftx-bankruptcy-claims-soar-in-value-in-over-the-counter-markets-as-estate-recovers-73b/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #sambankman-fried #thomasbraziel #bankruptcy #matrixport #markets #news #ftx
FTX founder’s plea for temporary release should be denied, prosecution says - Sam Bankman-Fried’s renewed request for temporary release from ja... - https://cointelegraph.com/news/ftx-sam-bankman-fried-should-stay-jail-prosecution #departmentofjustice #sambankman-fried #usgovernment #ftx
Sam Bankman-Fried’s Biggest Grift? His ‘Best In Class’ Exchange - - https://www.coindesk.com/consensus-magazine/2023/09/27/sam-bankman-frieds-biggest-grift-his-best-in-class-exchange/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #consensusmagazine #sambankman-fried #opinion #topnews #ftx
House Committee Threatens SEC Subpoena Over FTX Documents
Chairman of the United States House Financial Services Committee Patrick McHenry has hinted that he may attempt to subpoena the Securities and Exchange Commission (SEC) for documents about former FTX CEO Sam Bankman-Fried, or SBF. McHenry alleged in a Sept. 27 oversight hearing that SEC chair Gary Gensler attempted to “choke off the digital asset ecosystem” and “refused to be transparent… https://coinxposure.com/house-committee-threatens-sec-subpoena-over-ftx-documents.html?utm_source=dlvr.it&utm_medium=mastodon #News #FTX #Regulation
Sam Bankman-Fried will likely appear in a suit and tie at trial - The former FTX CEO will have access to 3 full suits, 4 dress shir... - https://cointelegraph.com/news/sam-bankman-fried-appear-suit-tie-trial #sambankman-fried #regulation #crimes #court #ftx
US House committee leadership threatens to subpoena SEC over FTX docs - Patrick McHenry led efforts starting in February to obtain commun... - https://cointelegraph.com/news/house-committee-threatens-subpoena-ftx-documents #sambankman-fried #unitedstates #regulation #government #ftx
Legal Twist in #Crypto Saga!📜Former #FTX CEO, Sam Bankman-Fried, faces a new legal storm as the Department of Justice secures court order to expose his political donations. This revelation could be game-changer in the upcoming fraud trial.
#CryptoNews
https://www.tronweekly.com/court-orders-sbfs-political-donation/
Belgian Market Maker KeyRock Acquires Swiss Anti-Money Laundering Approval - KeyRock, the Belgian crypto market marker, has successfully gotten clearance from the Swi... - https://cryptonews.com/news/belgian-market-maker-keyrock-acquires-swiss-anti-money-laundering-approval.htm #blockchainnews #marketmaker #keyrock #ftx
FTX Founder’s Political Donations Under Scrutiny
Since FTX filed for bankruptcy protection and its founder, Sam Bankman-Fried, was charged with fraud, there have been numerous discussions about his illicit donations and gifts to various entities, including political organizations. This is because the donations have some relation to the fraud allegations brought against the businessman, particularly the fact that he defrauded… https://coinxposure.com/ftx-founders-political-donations-under-scrutiny.html?utm_source=dlvr.it&utm_medium=mastodon #FTX #FTXfounder #Politicaldonations
Mainstream Media Objects to Further Customer Data Redactions in FTX Bankruptcy Case - Prominent media outlets, including Bloomberg, Dow Jones & Company, The New York Times... - https://cryptonews.com/news/mainstream-media-objects-further-customer-data-redactions-ftx-bankruptcy-case.htm #blockchainnews #ftxbankruptcy #ftx #usa
Bankman-Fried’s Lawyers Seek Another Attempt at Temporary Release - Lawyers for Sam Bankman-Fried are making another attempt to have the disgraced FTX... - https://news.bitcoin.com/bankman-frieds-lawyers-seek-another-attempt-at-temporary-release/ #sambankman-fried #cryptocurrency #ftxcryptocase #legalcrypto #crypto #legal #ftx
Bankman-Fried Prosecutors Have Key Evidence of Alleged Bribes
In Manhattan, U.S. District Judge Lewis Kaplan declared that these contributions have relevance to the fraud charges currently confronting Bankman-Fried. These charges pertain to the alleged misappropriation of billions of dollars in FTX customer deposits, an issue that Bankman-Fried’s prosecutors previously highlighted. According to Judge Kaplan, the proof of Bankman-Fried’s… https://coinxposure.com/bankman-fried-prosecutors-have-key-evidence-of-alleged-bribes.html?utm_source=dlvr.it&utm_medium=mastodon #CryptoExchange #FTX #News
🕰️ Time Crunch for SBF's Defense 🕰️ SBF's defense counsel faces limited access, hindering trial prep. With the trial on the horizon, temporary release is seen as the only solution to ensure effective representation. #Crypto #SBF #FTX
https://www.tronweekly.com/sbf-fights-access-trial-preparations/
Judge Limits Bankman-Fried’s Trial Arguments; Allows Recreational Drug Use Questions - A federal judge has issued rulings limiting some arguments the defense can make at... - https://news.bitcoin.com/judge-limits-bankman-frieds-trial-arguments-allows-recreational-drug-use-questions/ #cryptoexchangecollapse #sambankman-fried #cryptocurrency #cryptolegal #crypto #legal #ftx
SBF Trial: Judge Grants Permission to Question Political Donations - Since FTX filed for bankruptcy protection and its founder Sam Bankman-Fried bagged fraudu... - https://coingape.com/sbf-trial-judge-permission-political-donations/ #24/7cryptocurrencynews #sambankman-fried #ftx
Dive into the mind of a "mop-haired, nerdy math genius" as "Downfall of the Crypto King" dissects SBF's rise to cryptocurrency royalty. This documentary promises to reveal the secrets behind the smokescreen that concealed a #crypto crisis.
#BBC #FTX #SBF
https://www.tronweekly.com/sbf-saga-live-bbc-downfall-of-the-crypto-king/
there are two guards and two doors
https://newyorker.com/magazine/2023/10/02/inside-sam-bankman-frieds-family-bubble*
#FTX #SBF
* the link should be interpreted as me citing my sources, not me recommending this article, which is not good 😬
Sam Bankman-Fried Seeks Temporary Release Before Trial
Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, had his attorneys request his temporary release from prison before his upcoming trial next month. On Monday, Bankman-Fried’s attorneys argued in a letter to Judge Lewis Kaplan that Bankman-Fried’s provisional release is “necessary for the preparation of [his] defense.” His attorneys noted that the court has previously… https://coinxposure.com/sam-bankman-fried-seeks-temporary-release-before-trial.html?utm_source=dlvr.it&utm_medium=mastodon #FTX #DOJ #Attorneys
What lessons can be learned from the story of Sam Bankman-Fried for those involved in the #crypto space?
BBC's documentary explores Sam Bankman-Fried's crypto journey, #FTX's rise, and fall, highlighting his trial and potential prison time for fraud due to FTX's 2022 bankruptcy.
🔥Don't Miss👀this Interesting Information🔥
https://coinpedia.org/news/from-fame-to-prison-bbc-to-release-sbf-inspired-documentary-downfall-of-the-crypto-king/
Sam Bankman-Fried's Legal Team Once Again Files for Temporary Release as Trial Approaches - The defense team representing Sam Bankman-Fried has renewed their plea for his temporary ... - https://cryptonews.com/news/sam-bankman-frieds-legal-team-once-again-files-for-temporary-release-as-trial-approaches.htm #sambankman-fried #blockchainnews #ftx #usa
Former FTX Law Firm Denies Role in Collapse; Challenges Allegations as ‘Fatally Deficient’ in Court Motion - San Francisco-based law firm Fenwick & West LLP is denying allegations from FT... - https://news.bitcoin.com/former-ftx-law-firm-denies-role-in-collapse-challenges-allegations-as-fatally-deficient-in-court-motion/ #sambankman-fried #cryptocurrency #cryptolegal #crypto #legal #ftx
Documentary on Sam Bankman-Fried Premieres Today on BBC - As the world anticipates the forthcoming trial of Sam Bankman-Fried on charges of fraud a... - https://coingape.com/documentary-on-sam-bankman-fried-premieres-today-on-bbc/ #24/7cryptocurrencynews #ftx #sbf
#Blockchain #conspiracy #FTX #Legalproceedings #moneylaundering FTX Founder Sam Bankman-Fried’s Trial and Potential Sentencing: What to Expect: FTX Founder Sam Bankman-Fried's Trial and Potential Sentencing
FTX founder Sam Bankman-Fried is set to stand trial next week in a case related to the operation and collapse of FTX and its affiliated hedge fund, Alameda Research. He faces multiple charges, including wire fraud, conspiracy, securities fraud, and money… https://btcnews.biz/blockchain/ftx-founder-sam-bankman-fried-s-trial-and-potential-sentencing-what-to-expect/?utm_source=dlvr.it&utm_medium=mastodon
Check out the article 'Inside the Last Moments Before FTX Collapsed' on npp.news. It reveals shocking details about cryptocurrency firm FTX's downfall, including financial turmoil and alleged misuse of user deposits. The article provides an in-depth account based on insider insights and external evidence. Stay tuned for updates on the implications for the crypto industry and investors. #FTX #CryptoCollapse , https://t.co/8W2dH8FzQp
SBF Accuses His Ex-Girlfriend for FTX Crash In His Defense - Sam Bankman-Fried, founder of the now-defunct cryptocurrency exchange FTX, has emerged fr... - https://coingape.com/sbf-accuses-his-ex-girlfriend-for-ftx-crash-in-his-defense/ #24/7cryptocurrencynews #regulationnews #ftx
Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report - Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin tradi... - https://news.bitcoin.com/coinbase-sought-to-buy-ftx-europe-for-its-derivatives-business-report/ #cryptoderivatives #cryptocurrencies #cryptoexchange #cryptocurrency #exchanges #coinbase #crypto #ftx
Coinbase secures AML registration from Bank of Spain - The Anti-Money Laundering registration will allow cryptocurrency ... - https://cointelegraph.com/news/coinbase-aml-registration-bank-of-spain #vaspregistrations #nanamurugesan #ftx
A Lehman Opportunity — Distressed-Debt Titans Eye Huge Returns in FTX Claims Market - Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, ... - https://news.bitcoin.com/a-lehman-opportunity-distressed-debt-titans-eye-huge-returns-in-ftx-claims-market/ #cryptobankruptcy #cryptocurrency #ftxclaims #crypto #news #ftx
#Coinbase ha mantenido recientemente conversaciones para comprar #FTX Europe
Esto es parte del deseo de Coinbase de expandir su negocio de derivados, según el artículo de Fortune, que agrega que las conversaciones de adquisición nunca llegaron a una "etapa tardía".
https://x.com/ismeidy/status/1705582690051784843?s=20
🔥Alert🔥
What is the deadline for FTX customer claims, and why is it significant?
FTX customers face a September 29, 2023, deadline to file claims.😱 KYC info required. Compensation options: #USD, #crypto, #NFTs, or fiat. #Legal developments impact #FTX.
Are you on this List? Then Must Read 👇😱
https://coinpedia.org/news/ftx-users-must-submit-claims-before-september-29th/
FTX Files Lawsuit Against Former Salameda Employees to Recover $157 Million - According to the recent court filing, FTX, the bankrupt crypto exchange, has filed a laws... - https://cryptonews.com/news/ftx-files-lawsuit-against-former-salameda-employees-recover-157-million.htm #blockchainnews #salameda #hongkong #ftx
FTX sues Sam Bankman-Fried’s parents over ‘misappropriated funds’
> #FTX has sued the parents of #SamBankmanFried, claiming they enriched themselves by siphoning off millions of dollars in “fraudulently transferred and misappropriated funds” from the #cryptocurrency exchange their son founded.
> ... said #JosephBankman and #BarbaraFried, [..] used their influence to funnel money from the business to their pet charitable causes.
https://archive.is/2023.09.20-150501/https://www.ft.com/content/aaddc921-f2d4-43c7-8f1f-9330ea0da89b #crypto
#Crypto #Derivatives #Coinbase #FTX #Illuminati #Expansion Our goal is clear: expand our control and influence in the crypto markets. While bankruptcy may have presented a setback, it is not an obstacle we cannot overcome. I will use all my contacts and influence to ensure Coinbase's success in its mission. #IlluminatiAlwaysWins http://www.techmeme.com/230922/p18#a230922p18
Coinbase sought FTX Europe acquisition after bankruptcy: Report - To expand its derivatives business overseas, Coinbase attempted t... - https://cointelegraph.com/news/coinbase-sought-ftx-europe-acquisition-after-bankruptcy #financialderivatives #derivatives #coinbase #europe #ftx
Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune - - https://www.coindesk.com/business/2023/09/22/coinbase-has-recently-held-talks-to-buy-ftx-europe-fortune/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #acquisitions #derivatives #ftxeurope #coinbase #finance #news #ftx
FTX Founder Sam Bankman-Fried's Bail Request Rejected Ahead of Trial - A US court has denied Sam Bankman-Fried's request for release on bail before his trial, w... - https://cryptonews.com/news/ftx-founder-sam-bankman-frieds-bail-request-rejected-ahead-of-trial.htm #sambankman-fried #altcoinnews #legal #ftx
⚖️ Breaking: Explosive details in the FTX vs. Salameda lawsuit reveal shocking allegations of asset withdrawals and preferential treatment. Names like Michael Burgess, Matthew Burgess, and more are in the spotlight. Stay tuned as the crypto legal saga unfolds! 📜💰 #Crypto #FTX
https://www.tronweekly.com/ftx-157-3m-lawsuit-against-salameda-employees/
BREAKING: Coinbase and Crypto.com In Talks to Acquire Bankrupt FTX Europe - As per the latest report from Fortune Magazine, crypto exchange Coinbase (NASDAQ: COIN) p... - https://coingape.com/breaking-coinbase-cryptocom-ftx-europe-acquisition/ #24/7cryptocurrencynews #ftxbankruptcy #coinbase #ftx
FTX opens lawsuit against former employees of Hong Kong affiliate - The bankrupt crypto exchange FTX has opened a lawsuit against for... - https://cointelegraph.com/news/ftx-lawsuit-against-former-employees-hong-kong-affiliate #cryptocurrencyexchange #bankruptcy #hongkong #ftx
Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report - It’s hard to know how much a collapsed crypto firm like FTX would... - https://cointelegraph.com/news/crypto-debt-investors-buy-250m-ftx-claims #investments #bankruptcy #court #ftx
Rebranding Fuels Comparisons Between Huobi, FTX
According to a blog post published on the exchange’s website, the new name represents Huobi (H), Sun’s Tron blockchain (T), and the term “exchange” (X). This update goes into effect simultaneously with Huobi’s tenth anniversary, denoted by the Roman numeral X. On the other hand, it has been compared to FTX, a cryptocurrency exchange that caused a lot of commotion in the market at the end of… https://coinxposure.com/rebranding-fuels-comparisons-between-huobi-ftx.html?utm_source=dlvr.it&utm_medium=mastodon #Blockchains #FTX #blockchain
Sam Bankman-Fried's Father Faces Scrutiny Over Alleged Role in Democratic Dark Money Network - Joseph Bankman, the father of the embattled former crypto entrepreneur Sam Bankman-Fried,... - https://cryptonews.com/news/sam-bankman-frieds-father-faces-scrutiny-over-alleged-role-in-democratic-dark-money-network.htm #sambankman-fried #blockchainnews #josephbankman #ftx
Silicon Valley Law Firm Fenwick & West Files to Dismiss FTX Class Action Lawsuit - Fenwick & West, a renowned Silicon Valley law firm, has denied allegations that it pl... - https://cryptonews.com/news/fenwick-west-files-dismiss-ftx-class-action-lawsuit.htm #sambankman-fried #altcoinnews #ftx #usa
Ex-Alameda Employee Exposes Firm’s Massive Bitcoin Trading Misstep - An ex-employee of Alameda Research has revealed that a trading blunder from the fi... - https://news.bitcoin.com/ex-alameda-employee-exposes-firms-massive-bitcoin-trading-misstep/ #sambankman-fried #alamedaresearch #cryptocurrency #crypto #news #ftx
Judge grants DoJ motions barring testimony of Sam Bankman-Fried's witnesses - Judge Lewis Kaplan left the door open for SBF’s defense team to c... - https://cointelegraph.com/news/judge-grants-motions-barring-testimony-sam-bankman-fried-witnesses #sambankman-fried #regulation #crimes #court #ftx
Judges deny Sam Bankman-Fried's appeal for early release - Three judges with the 2nd U.S. Circuit Court of Appeals in New Yo... - https://cointelegraph.com/news/judges-deny-sam-bankman-fried-s-appeal-for-early-release #sambankman-fried #regulation #crimes #court #ftx
In the criminal trial against Sam Bankman-Fried, the judge just granted the USA's motions to exclude testimony from all seven expert witnesses he has proposed.
The motion by SBF to exclude the government's one proposed witness, accounting professor Peter Easton, was denied.
https://www.courtlistener.com/docket/66631292/287/united-states-v-bankman-fried/
#CryptoFail firm #FTX #Bankruptcy proceedings include filing #lawsuit vs #Stanford faculty member family of #incarcerated financial whiz kid #SBF for enriching themselves at trough of his #criminal #Creepto enterprise . #Lawsuit seeks to recover million$ for #victims from #parents who personally benefitted from son's particularly potent #Ponzi #Fraud
#FTX: 'King of Crypto' parents sued over missing millions
Nishad Singh, 27-yr-old Cal EECS ’17, once had $2.5B paper worth from #FTX crypto scam. Faces up to 75 yrs, flipped on #SBF https://www.nytimes.com/2023/02/28/technology/ftx-guilty-plea-fraud.html
Crypto exchange sues
Parents for misused millions
They "enriched" selfishly
#ftx #crypto #sambankmanfried #misappropriation #haiku #poetry
https://www.cnn.com/2023/09/19/business/ftx-sues-bankman-fried-parents/index.html
Negócio de família: FTX processa os pais do fundador Sam Bankman-Fried
#SamBankmanFried #Negócios #Ftx #Empresas #Criptomoedas #Negócios #ForbesMoney
⚔️ Crypto drama alert! FTX sues Sam Bankman-Fried's parents over $5.5 million donations to Stanford. 🤯 Stanford vows to make things right. 🏆 Stay tuned as the legal battle heats up! 🔥 #Crypto #Lawsuit #StanfordDonations #FTX
https://www.tronweekly.com/ftx-standford-university-return-donation/
Sam Bankman-Fried hat #FTX gegründet und ist auch für den Niedergang der Krypto-Handelsplattform verantwortlich. In einer gar nicht so kleinen Nebenrolle: seine Eltern. https://winfuture.de/news,138590.html?utm_source=Mastodon&utm_medium=ManualStatus&utm_campaign=SocialMedia
Whuut, fettes Ding.
#FTX #familybusiness
FTX-Kollaps: Schwere Vorwürfe gegen Bankman-Frieds Eltern | heise online https://www.heise.de/news/FTX-Kollaps-Schwere-Vorwuerfe-gegen-Bankman-Frieds-Eltern-9310521.html
#Cryptocurrencies #Bitcoin #Business #cryptocurrency #FTX Cryptocurrency Dominates Reported Overseas Assets in South Korea: National Tax Service Report: In South Korea, a recent report from the country's tax organization, the National Tax Service (NTS), highlights the dominance of cryptocurrencies like Bitcoin (BTC) among reported overseas assets.
The NTS issued an official announcement on September 20, revealing that 1,432 individuals and corporations reported… https://btcnews.biz/cryptocurrencies/cryptocurrency-dominates-reported-overseas-assets-in-south-korea-national-tax-service-report-2/?utm_source=dlvr.it&utm_medium=mastodon
remember when people thought alameda were some of the best traders in the game?
make sure you check that y-axis
https://courtlistener.com/docket/66631292/272/united-states-v-bankman-fried/
(Previous letters said that there were some hard drives of discovery documents from his lawyers that were slow to get to SBF, but a recent joint statement suggests those issues were rectified.)
4. SBF has yet to actually explain what specific discovery material he's been unable to properly review, and why he's unable to review it.
![Finally, as the Court suggested in remarks on August 30, 2023 (Tr., Aug. 30, 2023 [Dkt 249], at 20:20-21:1), and as remains true today, the defendant has not made any detailed showing as to specific materials that he claims he has been unable to access personally and the reasons why any such personal inability actually would impede his defense. Generalities about millions of pages without connecting those dots simply is not persuasive. Defendant's team of lawyers is able to provide defendant with any materials that he would like to review on hard drives at the MDC. There has been no suggestion that counsel is incapable of running any searches across the Relativity or AWS databases that defendant may desire and then providing him with the results..](https://assets.toot.cafe/cache/media_attachments/files/111/054/268/184/523/036/small/8c47ded209a8bd0b.png)
3. His right to prepare a defense does not mean he has a right to personally review every single piece of discovery.
#FTX #SBF #crypto #cryptocurrency
![Third, the premise of defendant's position here is that he personally is entitled to review and consider every single piece of the discovery in this case, to generate unspecified work product in respect thereof, and so on. But the premise is incorrect. Defendant is represented by a substantial team of extremely able retained lawyers. He proposes to call at trial seven expert witnesses. And no represented defendant, much less a defendant detained pretrial in order to protect the public, has a constitutional or other right to inspect every bit of discovery. United States v. Ingram, 2021 WL 4134828, at *3 (N.D. Cal. Sept. 10, 2021); Mackey v. Hanson, 2019 WL 5894306, at *8 (D. Colo. Nov. 12, 2019) ("criminal defendants are not accorded an unqualified right to personally review all discovery materials"); United States v. Thompson, 2013 WL 1809659, at *5-6 (D. Me. Apr. 29, 2013) (there are no cases holding that the Constitution or Rule 11 "require[] that a defendant represented by a lawyer](https://assets.toot.cafe/cache/media_attachments/files/111/054/266/176/989/478/small/58457756e5ec24a6.png)
2. SBF has complained that he doesn't have adequate time to prepare his defense as a result of being returned to jail, but the trial date was set at his (and the gov'ts) request, and he's declined to request additional time before the trial.
![Second, whatever time pressure defendant now claims to face given the imminence of the trial date and the claimed limitations on his access to ESI while incarcerated largely would be of his own making. When this case first came before the undersigned last January, both the government and the defendant sought a trial in September or October 2023. Tr., Jan. 3, 2023 [Dkt 38], at 8:22-9:3. The Court gave them what they asked for - an October 2 trial date (id. at 10:7-10), subsequently adjusted to October 3. And when the defendant began complaining that his recent incarceration made trial preparation by that date more difficult for him, the Court offered to consider any request by the defendant for a substantial adjournment of the trial to give him more time in which to prepare. Tr., Aug. 30, 2023 [Dkt 249], at 20:9-21:25. Yet defendant conspicuously failed to request any additional time.](https://assets.toot.cafe/cache/media_attachments/files/111/054/263/443/938/118/small/71a276ed6a983721.png)
The reasoning:
1. SBF has had access to much of the discovery documents for months now. Inasmuch as there are additional documents being produced by the prosecution recently, they were at SBF's own request.
Judge Kaplan has denied Sam Bankman-Fried's requests to be released pre-trial, in which he's argued he doesn't have computer access sufficient to prepare his defense.
Judge says he's allowed to try again with "a more factually grounded and persuasive showing". Oof.
https://storage.courtlistener.com/recap/gov.uscourts.nysd.590940/gov.uscourts.nysd.590940.278.0.pdf
Reuters: A federal judge denies indicted #FTX #cryptocurrency exchange founder Sam Bankman-Fried's request to be released from jail so he can better prepare for his Oct. 3rd fraud trial, a court filing shows.
Though it's tempting to get out the world's tiniest violin when Sam Bankman-Fried complains about his peanut butter sandwiches, it should make you wonder: if even he can't have his basic needs met in jail, what about the less privileged?
https://newsletter.mollywhite.net/p/sam-bankman-frieds-jail-conditions
Ryan Salame has been released on an unsecured $1 million personal recognizance bond, to be cosigned by two other financially responsible parties. He'll also surrender his passport.
https://www.courtlistener.com/docket/66631292/269/united-states-v-bankman-fried/
#FTX #crypto #cryptocurrency
Reading further from the original court documents (was working off secondary reporting above), it sounds to me like the $6 million, two properties, car, and ownership/equity in his East Rood Farm Corp. will be the entirety of his payment towards the $1.5 billion money judgment (assuming he cooperates, didn't lie on the affidavit, etc.)
h/t @nikhileshde
The real estate forfeitures appear to be one residential property, and his restaurant The Olde Heritage Tavern. (photo via Wikimedia Commons: https://commons.wikimedia.org/wiki/File:The_Olde_Heritage_Tavern,_Lenox.jpg)
Salame wore Bitcoin-print socks to his arraignment.
[EDITED, see downthread] He's agreed to a $1.5 billion (with a B) money judgment, though it sounds like he'll only pay $6 million, and forfeit two properties in the Berkshires and a Porsche 911. He will also pay $5.6 million in restitution to FTX debtors.
He's been charged with one count of conspiracy to operate an unlicensed money transmitting business and one count of conspiracy to make unlawful political contributions and defraud the Federal Election Commission.
Salame (pronounced "Salem", not "salami") was mentioned in the prosecutors' motions in limine back in August, which revealed that they had access to some of his personal communications.
Former FTX exec Ryan Salame has pleaded guilty to two charges in the ongoing FTX trial. Many had been wondering when an indictment would come out against him, particularly as his donations to Republican political causes had already been alleged to have been straw donations.
@carnage4life “#Bitcoin is rat 🐀 poison ☠️ squared.” - Warren Buffett
Creditors Accuse Genesis of Ballot-Stuffing Over $175M FTX Deal - Genesis is facing headwinds as it seeks to finalize its wind-up after a January bankruptc... - https://www.coindesk.com/policy/2023/09/01/creditors-accuse-genesis-of-ballot-stuffing-over-175m-ftx-deal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #regulations #bankruptcy #genesis #policy #gemini #news #ftx
"Rather than taking advantage of every avenue available to review discovery on the eve of trial after having seven months to prepare without restrictions, the defendant appears uninterested in participating in any form of review unless it meets his precise requests, including access to the very application he previously exploited."
"The defendant’s unlimited access to these resources was curtailed solely as a consequence of his own criminal actions while on bail, despite repeated chances to demonstrate that pretrial release was the least restrictive means to assure the safety of the community."
The prosecutors, on the other hand, argue that the Sixth Amendment right to a fair trial does not require a defendant to have constant Internet access.
https://www.courtlistener.com/docket/66631292/238/united-states-v-bankman-fried/
Props to SBF's lawyers. It can't be easy to argue that your client is being prevented from spending every possible moment preparing his defense, as he needs, while he's decided he'd rather sit in his jail cell than meet with attorneys because the Internet's too slow.
Meanwhile, SBF has been refusing to meet with his attorneys because he's dissatisfied with the Internet access and battery life of the laptop that they're provided.
https://www.courtlistener.com/docket/66631292/240/united-states-v-bankman-fried/
Sam Bankman-Fried's attorneys say that he needs to be released from custody and returned to his parents house so that he can spend more time reviewing documents and preparing his defense than he is able to in jail with limited access to the Internet.
https://www.courtlistener.com/docket/66631292/240/united-states-v-bankman-fried/
📨 Latest issue of my curated #cybersecurity and #infosec list of resources for week #34/2023 is out! It includes the following and much more:
Before jumping into this week’s infosec news, I wanted to let you guys know that this newsletter has just achieved its 1,000th subscriber! 🥳 I’m so humbled and grateful to all of you who regularly read this list.
➝ 🇫🇷 🔓 #Databreach at French govt agency exposes info of 10 million people
➝ 🔓 #Kroll data breach exposes info of #FTX, #BlockFi, #Genesis creditors
➝ 🏆 🔓 #MOVEit, the biggest hack of the year, by the numbers
➝ 🇫🇮 🔓 HUS confirms data breach by ex-staff member, hundreds of patients' data compromised
➝ 🇩🇰 🔓 #Hosting firm says it lost all customer data after #ransomware attack
➝ 🔓 🐥 Scraped data of 2.6 million #Duolingo users released on hacking forum
➝ 🔓 #Ivanti warns of new actively exploited #MobileIron zero-day bug
➝ 🇯🇵 ⌚️ Japanese watchmaker #Seiko breached by #BlackCat ransomware gang
➝ 🇺🇸 🔓 #Tesla notifies employees of data breach
➝ 🇰🇵 North Korean APT Hacks Internet Infrastructure Provider via ManageEngine Flaw
➝ 🇨🇳 #Microsoft says Chinese hacking crew is targeting #Taiwan
➝ 🇺🇸 💰 #FBI Finds 1,580 Bitcoin in #Crypto Wallets Linked to North Korean Hackers
➝ 🇦🇺 💰 Australian Lender Latitude Financial Reports AU$76 Million #Cyberattack Costs
➝ 🇰🇵 🇰🇷 North Korean hackers target US-South Korea military drills, police say
➝ 🇺🇸 🚀 #Pentagon urges US space companies to stay vigilant against foreign intelligence
➝ 🇬🇧 ⚖️ Two #LAPSUS$ Hackers Convicted in London Court for High-Profile Tech Firm Hacks
➝ 🇺🇸 🇷🇺 Two founders behind Russian crypto mixer Tornado Cash charged by US federal courts
➝ 🇺🇸 🇪🇺 US tech firms offer data protections for Europeans to comply with EU big tech rules
➝ 🇧🇷 🗳️ Brazilian Hacker Claims #Bolsonaro Asked Him to Hack Into the Voting System Ahead of 2022 Vote
➝ 🩹 🦈 #FBI: Patches for Recent #Barracuda ESG Zero-Day Ineffective
➝ 🦠 New #Malware Turns #Windows and #macOS Devices into Proxy Nodes
➝ 🍏 📝 New Variant of #XLoader macOS Malware Disguised as 'OfficeNote' Productivity App
➝ 🪪 🇸🇾 Researchers Uncover Real Identity of CypherRAT and CraxsRAT Malware Developer
➝ 🤖 🔐 #Google Workspace Introduces New AI-Powered Security Controls
➝ 🔐 🌀 #Bitwarden releases free and open-source E2EE Secrets Manager
➝ 💬 🔐 Meta plans to roll out default end-to-end encryption for Messenger by the end of the year
➝ 💡 🛜 TP-Link smart bulbs can let hackers steal your WiFi password
➝ 🔓 📂 #WinRAR flaw lets hackers run programs when you open RAR archives
📚 This week's recommended reading is: "Data and Goliath: The Hidden Battles to Collect Your Data and Control Your World" by Bruce Schneier
Subscribe to the #infosecMASHUP newsletter to have it piping hot in your inbox every week-end ⬇️
https://infosec-mashup.santolaria.net/p/infosec-mashup-week-342023
Owners of Bored Ape NFTs are suing Sotheby's for deceiving them with an auction where now-disgraced cryptocurrency trading company FTX bought a significant portion of the shitty art tokens, without publicizing that it was FTX, thus "misleadingly creating the impression that the market for BAYC NFTs had crossed over to a mainstream audience."
[Let-them-fight.gif]
Until last week, Bankman-Fraud was the Ammon Bundy of crypto: an (allegedly) obviously guilty mofo who has somehow been able to slip past any consequences for his crimes. #crypto #ftx https://www.theatlantic.com/newsletters/archive/2023/08/sam-bankman-fried-ftx-revoked-bail/675015/