Cryptory.net - During the trial of United States v Sam Bankman-Fried, attorneys delivered their closing arguments. This legal proceeding centers around the collapse of FTX, with prosecutors accusing the founder of constructing his cryptocurrency empire through deceptive means, often referred to as a "pyramid of lies."
Cryptory.net - The downfall of the FTX founder started on November 2, 2022. One year later, jurors are now ready to begin deliberating on his fate. Interestingly, this coincides with a time when the value of the SOL tokens owned by FTX has increased by an additional $1 billion.
Cryptory.net - Is Sam Bankman-Fried a criminal mastermind or a hapless individual? This article provides an insightful examination of the ongoing trial proceedings surrounding him.
Cryptory.net - FTX founder Sam Bankman-Fried and other former executives Caroline Ellison, Gary Wang and Nishad Singh have been named as defendants in the latest FTX lawsuit.
Senior FTX executives are accused of engaging in deceptive behavior towards banks and auditors, including providing false information, creating fraudulent documents, and relocating across jurisdictions to evade detection.
You may recall HarvestKeeper, the AI-based project that deceived users and swindled $1 million. It is anticipated that analogous AI-based scams will surge in the coming years.
