Former FTX CEO Sam Bankman-Fried reportedly discussed ways of hedging Alameda Research investments by raising funds from Saudi Crown Prince Mohammed bin Salman.
Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried's criminal trial, delving into potential investments prior to FTX's bankruptcy.claimed in court that Sam “SBF” Bankman-Fried attempted to raise equity for FTX by considering an investment from Saudi Crown Prince Mohammed bin Salman, or MBS.she had discussed ways of hedging Alameda investments with Bankman-Fried in 2022.
According to the former Alameda CEO, Bankman-Fried said MBS was a potential investor in the crypto exchange prior to its collapse in November.titled ‘Things Sam is Freaking Out About’, which prosecutors said in August they could present at trial. According to her testimony, the list included “raising funds from MBS” as well as turning regulators against crypto exchange Binance.journalist Jamal Khashoggi at the Saudi consulate in Istanbul.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Caroline Ellison blames Sam Bankman-Fried for misuse of FTX user funds at trialFormer Alameda Research CEO Caroline Ellison took the stand at Sam Bankman-Fried’s criminal trial, admitting to fraud and providing misleading balance sheets for investors.
Les mer »
Ex-FTX exec Ellison testifies Sam Bankman-Fried directed her to commit crimesEllison says SBF thought he could become president of U.S. someday
Les mer »
Sam Bankman-Fried, FTX founder, hoped to be president someday, star witness Caroline Ellison saysCaroline Ellison, the tech executive who ran Sam Bankman-Fried 's hedge fund while sometimes dating him, testified Tuesday that he directed her to commit crimes before his cryptocurrency empire collapsed last November. She also revealed that her former boss and boyfriend thought he might be U.S. president someday.
Les mer »
Star witness Caroline Ellison says FTX founder Sam Bankman-Fried hoped to be U.S. president somedayCaroline Ellison, the tech executive who ran Sam Bankman-Fried 's hedge fund while sometimes dating him, testified Tuesday that he directed her to commit crimes before his cryptocurrency empire collapsed last November. She also revealed that her former boss thought he might be U.S. president someday.
Les mer »
Sam Bankman-Fried Trial Day 7: Caroline Ellison Testifies on FTX's CollapseFormer Alameda Research CEO Caroline Ellison is set to testify for a second day at Sam Bankman-Fried's fraud trial over the failure of crypto firm FTX. Wall Street Journal reporters will bring you live updates.
Les mer »
Sam Bankman-Fried Trial: Caroline Ellison Testifies on FTX's CollapseFormer Alameda Research CEO Caroline Ellison is set to testify for a second day at Sam Bankman-Fried's fraud trial over the failure of crypto firm FTX. Wall Street Journal reporters will bring you live updates.
Les mer »