Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S. March 30, 2023. Amanda Perobelli | Reuters FTX founder Sam Bankman-Fried told jurors in his criminal trial on Friday that he didn’t commit fraud, and that … Read more
FTX founder Sam Bankman-Fried testified in his fraud trial Thursday with no jury present. In his testimony, he acknowledged that Alameda was being used as a payment processor for FTX, but did not recall conversations around the $13 billion hole in his crypto empire, according to Bloomberg. The Biggest Crypto Heists of 2022…So Far Bankman-Fried … Read more
Photo: Bloomberg (Getty Images) Sam Bankman Fried allegedly entertained a plan to raise capital from Saudi Crown Prince Mohammed bin Salman, according to former Alameda CEO Caroline Ellison in her testimony on Wednesday. Will More Celebs Continue to Join Crypto? | Gizmodo Interview It’s one of many bombshells dropped by Ellison on the second day … Read more
Caroline Ellison, the ex-CEO of Alameda Research, took the stand as the fifth witness for the prosecution in Sam Bankman-Fried’s six-week trial, claiming that the former FTX CEO directed her to commit fraud and money laundering crimes. Ellison added that while she ran Alameda, she took several billion dollars from customers to invest in other … Read more
The former controller of the Trump Organization says that Eric Trump directed him to make certain decisions that led to the inflated valuations of several Trump properties. Jeff McConney, also a co-defendant of former President Donald Trump, Eric Trump and Donald Trump Jr., testified Friday as the first week of the civil fraud trial came … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/24971245/1701712699.jpg)
Microsoft’s Bing search engine is not as good as Google. Believe it or not, it seems nobody — not even Microsoft CEO Satya Nadella — disputes that fact. But over hours of contentious testimony from Nadella during the landmark US v. Google antitrust trial, the reason for that inferiority became the question of the day. … Read more
Microsoft CEO Satya Nadella arrives at federal court on October 2, 2023 in Washington, DC. Nadella is testifying in the antitrust trial to determine if Alphabet Inc.’s Google maintains a monopoly in the online search business, which is expected to last into November. Drew Angerer | Getty Images When it comes to online search, it’s … Read more
JERUSALEM — Hollywood producer Arnon Milchan was testifying Sunday at Israeli Prime Minister Benjamin Netanyahu’s corruption trial to reply questions on an alleged “provide line” of champagne and cigars funneled to the Israeli chief and his spouse mentioned to have been in alternate for assist with Milchan’s private and enterprise wants. Milchan, who appeared by … Read more
OpenAI CEO Sam Altman will make his Congressional debut earlier than a Senate Judiciary subcommittee right now—Tuesday at 10 am EST. He’s anticipated to roll out the appeal offensive to attempt to persuade lawmakers to pursue light-handed laws that provides synthetic intelligence like his firm’s product ChatGPT a large runway to quickly advance. Altman’s rosy … Read more