Sudden SNAP cuts leave thousands of migrants, refugees without food aid this week - what happened?Synopsis - New SNAP rules have reduced food aid for many migrants and refugees. The changes started in California and Illinois and may affe...
Chaos in California: Truck driver leaves 2 injured as he tries to ram his vehicle into Coast Guard Base Alameda, officers fire at him in defense; here’s what happened nextAn erratic driver attempted to ram his truck into Coast Guard Base Alameda on Thursday night, leading to a shooting by officers in defense....
FTX-tied Alameda Research drops lawsuit against GrayscaleGrayscale CEO Michael Sonnenshein was named in the lawsuit along with parent company Digital Currency Group (DCG) and its CEO, Barry Silber...
What charges was Sam Bankman-Fried convicted of?Prosecutors say Bankman-Fried embezzled customer money to plug losses at Alameda Research, a crypto hedge fund he owned, as well as to make...
Sam Bankman-Fried grilled by prosecutor about interviews following FTX's collapseThe questioning by prosecutor Danielle Sassoon, on the second day of Bankman-Fried's testimony in his own defense at his fraud trial, was p...
Who is Caroline Ellison, a key witness testifying against Sam Bankman-Fried?On Tuesday, nearly a year after Alameda collapsed, Ellison took the stand to testify as a key witness at the criminal fraud trial against i...
FTX co-founder testifies against Bankman-FriedDuring Sam Bankman-Fried's trial, his former business partner, Zixiao "Gary" Wang, testified that Bankman-Fried used FTX clients' funds wit...
Sam Bankman-Fried's trial: five key moments from the first weekBankman-Fried has pleaded not guilty to charges of stealing billions of dollars in customer funds to prop up his crypto-focused hedge fund,...
Sam Bankman-Fried demanded special privileges for Alameda Research: ex-colleague Gary WangAccording to Wang, the special privileges granted to Bankman-Fried's hedge fund Alameda Research included a $65-billion line of credit, sev...
Sam Bankman-Fried's trial: four key points raised in opening statementsThe trial of FTX founder Sam Bankman-Fried began with opening statements from both the prosecution and defense. Prosecutors accused Bankman...
FTX accuses ex-lawyer of aiding Bankman-Fried's fraud, silencing whistleblowersThe complaint, filed on Tuesday in US Bankruptcy Court in Delaware, describes Daniel Friedberg, a former chief compliance officer at FTX an...
Banks raised questions in 2020 about FTX-affiliated hedge fund's wire activity, FTX saysSome banks began rejecting wires to or from Alameda the same year that the cryptocurrency exchange scrambled to access the U.S. banking sys...
FTX sues Voyager Digital to claw back $446 million in 2022 loan paymentsFTX and Voyager both filed for bankruptcy amid a 2022 collapse in cryptocurrency markets, but Voyager's bankruptcy preceded FTX's filing by...
'I didn't steal funds,' Sam Bankman-Fried says in unusual post-arrest blog postFederal prosecutors in Manhattan last month said Bankman-Fried stole billions of dollars from FTX customers to pay debts for his crypto-foc...
Sam Bankman-Fried, FTX execs received billions in hidden loans, says ex-Alameda CEOCaroline Ellison, former chief executive of Alameda Research, said she agreed with Bankman-Fried to hide from FTX's investors, lenders and ...
How a secret software change allowed FTX to use client moneyIn 2020, FTX's chief engineer tweaked the code to exempt Alameda Research, a hedge fund owned by FTX founder Sam Bankman-Fried, from a feat...
At least $1 billion of client funds missing at Sam Bankman-Fried's FTXFTX's founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Rese...