February 4, 2024 at 08:38PM A SIM-swapping ring indictment may clear Sam Bankman-Fried of a $400 million crypto theft from FTX before its bankruptcy. The Powell gang stole from an unnamed firm, likely FTX, and were caught. Apple patched a pre-release security flaw in its Vision Pro headset. Numerous vulnerabilities in Docker, OCI, and various … Read more
January 2, 2024 at 03:14PM US prosecutors have decided not to pursue a second trial for convicted crypto figure Sam Bankman-Fried. A letter cited already considered evidence and public interest for a prompt resolution. The decision could affect SBF’s March 2024 sentencing, as it would involve negotiating with The Bahamas over extradition terms. The first … Read more
November 2, 2023 at 09:17PM Sam Bankman-Fried, founder and former CEO of FTX and Alameda Research, has been found guilty of seven criminal charges related to fraud and money laundering. FTX, once valued at $32 billion, filed for bankruptcy in 2022 after funds were shifted to Alameda, resulting in losses for FTX investors. Bankman-Fried faces … Read more
October 10, 2023 at 05:29PM Former FTX head Sam Bankman-Fried is currently on trial for fraud. Prosecutors presented Python code that allowed flagged client accounts on FTX to spend money they didn’t have. Multiple accounts tied to Alameda Research, Bankman-Fried’s hedge fund, were flagged, contradicting his previous statement. Bankman-Fried is accused of using customer funds … Read more