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Policy

Chinese Bribes, Thai Prostitutes and an End to the Lies: Caroline Ellison’s Explosive Second Day of Testimony Against Sam Bankman-Fried

The former Alameda Research CEO wept on the witness stand during her second day of testimony in Sam Bankman-Fried's fraud trial.

By Sam Kessler, Helene Braun, Nikhilesh De, Elizabeth NapolitanoOct 11, 2023

Chinese Bribes, Thai Prostitutes and an End to the Lies: Caroline Ellison’s Explosive Second Day of Testimony Against Sam Bankman-Fried

Finance

JPMorgan Debuts Tokenized BlackRock Shares as Collateral with Barclays

BlackRock said tokenization of money market fund shares as collateral in clearing and margining transactions would dramatically reduce the operational friction in meeting margin calls.

By Ian AllisonOct 11, 2023

JPMorgan Debuts Tokenized BlackRock Shares as Collateral with Barclays

Policy

SBF's Lawyers Want to Ask Caroline Ellison About FTX's Anthropic AI Stake

Ellison, the former Alameda CEO, testified Tuesday that she was consulted on FTX's investment portfolio.

By Nikhilesh DeOct 11, 2023

SBF's Lawyers Want to Ask Caroline Ellison About FTX's Anthropic AI Stake

Tech

Israeli Crypto Firms Scramble to Deal With War, in Between the Sirens

Few operational disruptions were reported, but some crypto employees were getting called up for reserve duty. Executives and developers coped with the stress of attending funerals, responding to security warnings and encountering supermarket shortages.

By Margaux NijkerkOct 10, 2023

Israeli Crypto Firms Scramble to Deal With War, in Between the Sirens

Policy

Grocery Chain Trader Joe’s Sues Unaffiliated Crypto Project That’s Using Its Name; JOE Token Sinks

The grocer alleged the Trader Joe decentralized exchange chose a similar name to benefit from the former’s popularity.

By Shaurya Malwa, Sandali HandagamaOct 10, 2023

Grocery Chain Trader Joe’s Sues Unaffiliated Crypto Project That’s Using Its Name; JOE Token Sinks

Policy

Bankman-Fried Seeks to Probe Lawyers’ Involvement in $200M ‘Sham’ Alameda Loans

The defendant in a multi-billion fraud trial is pressing to blame legal advice, despite judicial reluctance to let him.

By Jack SchicklerOct 10, 2023

Bankman-Fried Seeks to Probe Lawyers’ Involvement in $200M ‘Sham’ Alameda Loans

Policy

What to Expect When Caroline Ellison Takes Stand in Sam Bankman-Fried's Trial

The former Alameda CEO will “tell you about how she and the defendant stole money customers entrusted to FTX,” a prosecutor said. Defense’s cross-examination may get personal.

By Sam KesslerOct 9, 2023

What to Expect When Caroline Ellison Takes Stand in Sam Bankman-Fried's Trial

Tech

Israel War Prompts Crypto Firms Including Fireblocks, MarketAcross to Start Aid Fund

The organization will host a multi-signature wallet to collect donations for Israelis in multiple cryptocurrencies, including bitcoin (BTC) and ether (ETH) as well as the dollar-linked stablecoins USDT and USDC.

By Margaux NijkerkOct 9, 2023

Israel War Prompts Crypto Firms Including Fireblocks, MarketAcross to Start Aid Fund

Policy

DOJ Wants to Block Sam Bankman-Fried From Bringing Up Anthropic AI Raise in Court

FTX owns a stake in Anthropic which was worth $500 million last year.

By Nikhilesh DeOct 9, 2023

DOJ Wants to Block Sam Bankman-Fried From Bringing Up Anthropic AI Raise in Court

Policy

Former Alameda Research CEO Caroline Ellison to Testify Tuesday in Sam Bankman-Fried Trial

Gary Wang, a former top lieutenant in Bankman-Fried’s empire, testified that Alameda had “special privileges” at FTX that allowed the hedge fund to spend $8 billion of exchange customers’ money.

By Danny Nelson, Helene Braun, Elizabeth NapolitanoOct 6, 2023

Former Alameda Research CEO Caroline Ellison to Testify Tuesday in Sam Bankman-Fried Trial

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