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Sam Bankman - 1 Caroline Ellison - 1 Lewis Kaplan - 1 Bankman - 1 ” - 1 Ellison - 1 Kaplan - 1 Damian Williams - 1
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Search resuls for: "— CNN’s Kara Scannell"


3 mentions found


☆ Prosecutors accuse Sam Bankman-Fried of leaking ex-girlfriend’s private notes to the New York Times
  + stars: | 2023-07-21 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +3 min
Minneapolis CNN —Federal prosecutors have accused former FTX CEO Sam Bankman-Fried of witness tampering after he allegedly leaked the personal writings of his former girlfriend and business partner, Caroline Ellison, to the New York Times. They reportedly detailed her “unhappy and overwhelmed” emotional state as CEO of Alameda Research, FTX’s crypto hedge fund. The writings also reportedly expressed her doubts about her ability to make decisions and effectively run the business. Prosecutors say she is expected to serve as a witness in their criminal case against Bankman-Fried, who has pleaded not guilty to eight federal counts of fraud and conspiracy. A spokesperson for the New York Times and a lawyer representing Ellison did not immediately respond to requests for comment.
Persons: Sam Bankman, Caroline Ellison, Lewis Kaplan, Bankman, ”, Ellison, Kaplan, Damian Williams, “, ” Williams, Fried, — CNN’s Kara Scannell Organizations: Minneapolis CNN — Federal, New York Times, Star, Google, Alameda Research, Prosecutors, Government, ” Prosecutors, Bankman Locations: Minneapolis, FTX
☆ FTX lawyers have recovered $5 billion in assets
  + stars: | 2023-01-11 | by ( Allison Morrow | ) edition.cnn.com   time to read: +3 min
New York CNN —FTX officials overseeing its bankruptcy have recovered more than $5 billion in cash and other liquid assets that may be used to help repay creditors, a lawyer for the failed crypto firm said during a bankruptcy court hearing Wednesday. That disclosure significantly raises the estimated amount of funds FTX claims to hold. Last month, FTX lawyers submitted filings that showed the company and its affiliates had a total of $1.2 billion in cash. The lawyers also said they had identified more than 9 million creditors — far more than earlier estimates of around 1 million. FTX founder Sam Bankman-Fried arrives pleaded not guilty to fraud and conspiracy charges in Manhattan on January 3.
☆ Sam Bankman-Fried says he ‘got a little cocky’ before FTX collapsed
  + stars: | 2022-12-01 | by ( Allison Morrow | ) edition.cnn.com   time to read: +3 min
New York CNN Business —Sam Bankman-Fried, the founder of now-bankrupt FTX, has fallen from the peak of crypto celebrity, but he’s not going quietly. “I think I got a little cocky — I mean, more than a little bit,” he told ABC’s George Stephanopoulos in an interview on Good Morning America. Bankman-Fried, echoing comments he also made to The New York Times on Wednesday, denied knowing of any improper transfers of customer funds between the exchange and Alameda. “I don’t think that’s who I am at all, but I understand why they’re saying that,” Bankman-Fried told Stephanopoulos. In that interview, Bankman-Fried said he “didn’t ever try to commit fraud on anyone,” while admitting he made mistakes as chief executive.
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