FTX Exploiter Transfers $36.8M in Ether as SBF Trial Begins
FTX exploiter’s wallet address transferred approximately $36.8 million worth of Ether in the wake of Sam Bankman-Fried’s (SBF) court trials, bringing the current balance in their portfolio down to $196.014 million after a series of transfers. The accounts of FTX and FTX.US were depleted of $600 million on November 11, 2022, hours after the cryptocurrency […]
Prosecution Calls for Denial of SBF’s Plea for Temporary Release
The United States government sent a letter to Judge Lewis Kaplan on September 27 expressing its opposition to Sam Bankman-Fried’s (SBF) and his counsel’s request for temporary release from prison before his October 3 trial. In its filing, the government requested that Kaplan deny SBF’s September 25 request. The government stated that the defendant’s claim […]
SBF’s Lawyer Renews Request for His Temporary Release
Sam Bankman-Fried’s (SBF) attorney in his upcoming case against the Department of Justice of the United States renewed a request for his temporary release from prison to prepare for the trial. Mark Cohen requested on September 25 that the presiding judge, Lewis Kaplan, grant SBF temporary release because it is “necessary for the preparation of […]
Judges Deny SBF’s Appeal For Early Release
A three-judge panel from the United States Court of Appeals for the Second Circuit denied Sam Bankman-Fried’s (SBF’s) motion for early release, calling the arguments behind the motion for release “unpersuasive.” In an order dated September 21, Circuit Judges John Walker Jr., Denny Chin, and William Nardini denied SBF’s request for early release, which his […]
SBF Files Memo Requesting Court to Block Prosecutor’s Evidence
Sam Bankman-Fried, the founder and former CEO of the defunct cryptocurrency exchange FTX, filed a motion on September 1 requesting that the court deny the prosecutor’s limine request, calling them “unworkable.” In the memorandum, written by SBF’s attorney Mark Cohen, the United States Department of Justice (DOJ) requests are described as “unfounded and overbroad,” among […]