Nishad Singh testified against Sam Bankman-Fried in a fraud case, criticizing his spending and revealing unethical actions. In cross-examination, Bankman-Fried's attorney challenged Singh's portrayal. The trial's outcome impact is uncertain.

#FTX #Crypto #SBF 👀👇
https://coinpedia.org/news/sam-bankman-fried-trial-takes-a-twist-what-ftx-executive-nishad-singh-revealed-in-court/

From Crypto King to Legal Battle: FTX's Sam Bankman-Fried Found Guilty on 7 Charges, Faces Decades Behind Bars.

Here's what Happened...

Former FTX CEO Sam Bankman-Fried's conviction on seven charges, including wire fraud, securities fraud, and money laundering conspiracy, marks a dramatic turn from crypto success to a potentially lengthy prison sentence. His legal team gears up for an intense battle, preparing to appeal the verdict.

Know More: https://www.instagram.com/p/CzLRofcp0uU/

#SBF #FTX #DOJ #Crypto #Coinpedia

Will #SBF enjoy #CZ's company in jail?

The SEC aims for maximum sentence post-DOJ charges. What's the fate of #Binance? #CryptoNews

Read More: https://coinpedia.org/news/sec-intensifies-probe-into-binance-us-amid-doj-charges-against-changpeng-zhao/

#SBF's legal team opts not to file a post-trial motion, contrary to speculations about trial duration.

#FTX's #financial instability revealed as $8.8 billion liabilities loom despite recovering $5 billion; liquidation ongoing. #CryptoNews
https://coinpedia.org/news/ftx-trial-update-sam-bankman-fried-chooses-not-to-file-post-trial-motion/

Explore the latest twist in the FTX saga with key witness Caroline Ellison's explosive testimony.


#FTX #SBF #Crypto #bankruptcy

https://www.youtube.com/watch?v=mPzUReeB9Mw

New Developments in the FTX Saga: we dive deep into the latest and most dramatic turn in the FTX scandal.

Witness the explosive revelations from Caroline Ellison's recent testimony in the highly publicised trial of Sam Bankman-Fried (SBF).

Discover how her shocking statements reshape the entire narrative around one of the biggest financial stories of the decade.

Link: https://lnkd.in/gEJZ2NA8


#FTX #SBF #Caroline #Crypto #Coinpedia

Crucial Dates in the #Crypto in the First Quarter of 2024


1️⃣12 February 2024 - #Ripple Remedies:

— SEC brief on potential Section 5 violation remedies by 13 March 2024.
— Ripple's opposition due by 12 April 2024; SEC's final response by 29 April 2024.

2️⃣ 15 February 2024 - Do Kwon's Detention Ends:

—High Court in Montenegro extends Do Kwon's detention; set to end on 15 February 2024.


3️⃣ 23 February 2024 - #CZ's Sentencing:

—CZ pleads guilty to Bank Secrecy Act violation; sentencing on 23 February 2024.


4️⃣#Coinbase dismisses SEC claims on 17 Jan 2024

Important Dates for Transcript Process:

—Redaction requests due by February 12, 2024.
—Deadline for redacted transcript: February 22, 2024.
—Restriction on transcript release lifted on April 22, 2024.

5️⃣28 March 2024 - #SBF's Sentencing:

—SBF's motion to delay sentencing to May 2024 denied; Q1 sentencing remains on 28 March 2024.

6️⃣ Fourth #BitcoinHalving Expected Date:

—Anticipated on 23 Apr 2024 at 00:16:06 UTC.

#FTX fraud implicates founder Sam Bankman-Fried, affecting #cryptocurrency market, with March 28 sentencing influencing outcomes.

#SBF's jail photo circulates online, sparking varied reactions, highlighting downfall from #crypto prodigy to legal woes.
https://coinpedia.org/news/crypto-community-reacts-to-sbfs-jail-photo-as-ftx-scandal-unfolds/

Sam Bankman-Fried retains defense attorney Marc Mukasey despite potential conflicts of interest in his fraud case.

Mukasey's expertise is crucial for Bankman-Fried's defense strategy, despite facing fraud charges and sentencing uncertainties. #sbf #ftx #Crypto
https://coinpedia.org/news/sam-bankman-fried-to-continue-with-a-new-lawyer-amid-potential-conflict-of-interest/

Top #CryptoNews of Last Week

1️⃣ #BTC surged 5.25% on February 28th, exceeding $60,000, hitting a record high of 64K. February saw a nearly 45% increase.

2️⃣ In February, #Ethereum surged over 47%, hitting 3.4K on February 28th. It marked its sixth month of gains and its best since July 2022.

3️⃣#MicroStrategy bought 3,000 #bitcoins at $51,813/coin. By Feb 25, 2024, they held 193,000 bitcoins. #Saylor's wealth surged $700M.

4️⃣ Hong Kong's SFC CEO Anita ordered service providers to halt operations by May 31st without licenses. Deadline for virtual asset licenses passed on February 29th.

5️⃣President Nayib Bukele revealed #ElSalvador's #Bitcoin profits surpassing 40% with no plans to sell holdings. Acquisition cost: $44,292; 2,381 #bitcoins held.

6️⃣#SBF's lawyer seeks 63 to 78 months imprisonment, disputing fraud claims. SBF's diagnosed anhedonic depression considered for reduced sentence.

7️⃣After Nigeria banned cryptocurrency trading sites, executives were detained, and passports seized. Central Bank expressed concern over #Binance's operations.

8️⃣#Gemini returned $1.1 billion to customers post-settlement with NYDFS, addressing compliance lapses and reputational damage.

9️⃣ #DoKwon's potential extradition delays from Montenegro might make him miss the US civil trial against the SEC scheduled on March 25th.

Shockwaves rippling through the crypto world as Sam Bankman-Fried, founder of FTX, receives a 25-year sentence in connection with FTX bankruptcy.

A dramatic twist in the saga of one of crypto's most influential figures.

#FTX #Crypto #Bankruptcy #SBF

https://coinpedia.org/news/breaking-news-sam-bankman-fried-sentenced-to-25-years-over-ftx-bankruptcy/

Top #Crypto News in Last Week

1️⃣#BlackRock CEO Larry Fink said #EthereumETF possible despite SEC potentially labeling #Ethereum as security.

2️⃣London Stock Exchange accepted #Bitcoin and #Ethereum #ETN listings from April 8, 2024, approved by FCA. Trading began May 28, 2024.

3️⃣ #SEC requested $2 billion fine on #Ripple Labs. Ripple denies accusations, calls SEC's statements false.

4️⃣ #SBF sentenced to 25 years in prison, ordered to forfeit over $11 billion by judge.

5️⃣ US Attorney’s Office sued #KuCoin founders for unlicensed money transmission, Bank Secrecy Act violations, and #AML failures.

6️⃣ #Binance executive Tigran Gambaryan sued Nigerian government for violating his human rights, amid #tax evasion charges.

7️⃣ Court ruled against #Coinbase in SEC case, citing unregistered securities offering, impacting digital asset trading.

#CryptoNews #Crypto

Breaking Down the FTX Saga

Discover the startling truth behind Sam Bankman-Fried's 25-year imprisonment.

Watch now for an in-depth look at the case and its implications for the #crypto world.

https://www.youtube.com/watch?v=GX1qz4i5QE4


#FTX #SBF #SamBankmanFried #Coinpedia

Wytham Abbey, known as the "Effective Altruism Castle," is up for sale for £15 million near Oxford. It's a historic property with lots of space and a rich history.

There's been some controversy about how it was bought, but now it's on the market, and people are interested. #FTX #SBF #Crypto
https://coinpedia.org/news/ftx-linked-charity-foundation-lists-oxford-castle-wytham-abbey-for-sales-at-15m/