Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
Singh's testimony comprised further explosive allegations regarding the FTX's involvement in illegal political donations, and SBF's lavish spending and investments.
Assad Jafri 5 min read 
The former director of engineering at FTX claims to have disapproved of Bankman-Fried's lavish spending.
FTX liquidators staked the assets via Figment, a staking service provider.
ADHD allegedly medication withheld from Bankman-Fried, impacting participation in high-profile crypto trial
The prosecution have come out of the gate swinging since the first day of the trial and continued to put the pressure by calling star witness Caroline Ellison to the stand.
Zac Prince said that Alameda should have been insolvent given the circumstances, but BlockFi was unaware of the true state of its finances.
SDNY prosecutors are not merely writing a letter to courts acknowledging Ellison's cooperation; they have already agreed not to pursue charges if Ellison holds up her end of the deal.
The once-revered FTX founder won admiration and trust of countless peers with a facade of virtue signaling and projected altruism before the illusion was shattered.
Caroline Ellison briefed employees in November of 2022 on the seriousness of the company's position and admitted to serious wrongdoing by executives.
