3 posts tagged ‘FTX’
Binance CEO Pleads Guilty to Money Laundering Violations, Will Step Down
Gizmodo,
Binance founder Changpeng Zhao (CZ) will step down from his CEO duties and plead guilty to criminal charges, paying a $50 million fine, according to court documents made public Tuesday. The Department of Justice is expected to announce a $4 billion settlement with Binance this afternoon, putting an end to an… Read more...
Prosecutors will likely proceed with SBF’s second trial in March
TechCrunch,
Bankman-Fried won’t be sentenced till March, but he also has a second trial where he faces additional charges, including for foreign bribery. © 2023 TechCrunch. All rights reserved. For personal use only.
FTX Trial
mjtsai,
Molly White (via Nick Heer): We got our first glance at the FTX codebase on Friday. The prosecution brought out Github screenshots as they questioned cooperating witness Gary Wang, the former CTO of FTX who at various times was responsible for the codebases powering both FTX and Alameda Research. Wang has pleaded guilty to four […]