Federal prosecutors have gathered a series of individuals, including former clients, investors, and employees of FTX, to testify against Sam Bankman-Fried, the former CEO of FTX. The Department of Justice (DOJ) has revealed their intentions in recent filings. Those holding FTX shares will testify about their anticipation of how FTX would manage their funds. Additionally, cooperating witnesses are expected to shed light on their interactions with SBF, focusing on interpretations of his actions and statements.
Related Posts
In a collaborative effort to standardize regulations related to cryptocurrencies, the International Monetary Fund (IMF) and the Financial…
eToro Sets Sights on Nasdaq IPO with Ambitious Valuation Target
eToro is gearing up for a major IPO on the Nasdaq, aiming for a valuation of $4 billion…
Mastercard and Mercuryo Partner to Bring Cryptocurrency Spending to Over 100 Million Merchants
Mastercard and Mercuryo have partnered to offer a debit card that allows users to spend cryptocurrencies directly at…
Chinese Courts Confirm the Legality of Virtual Assets
Despite Beijing’s strict ban on cryptocurrencies and related activities, Chinese courts have recently taken a different direction. According…