SEC
- Technology
A look at North Dimension, a little-known Alameda Research subsidiary, where the SEC says FTX told customers to wire funds to trade without disclosing the ties (Gretchen Morgenson/NBC News)
Gretchen Morgenson / NBC News: A look at North Dimension, a little-known Alameda Research subsidiary, where the SEC says FTX…
Read More » - Technology
The SEC charges ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang for their role in defrauding FTX's investors at SBF's direction between 2019 and 2022 (U.S. Securities and Exchange Commission)
U.S. Securities and Exchange Commission: The SEC charges ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang for their role…
Read More » - Technology
SEC deposition: in 2017, Zuckerberg considered saying Facebook was investigating "organizations like Cambridge Analytica", before advisers suggested against it (Brian Fung/CNN)
Brian Fung / CNN: SEC deposition: in 2017, Zuckerberg considered saying Facebook was investigating “organizations like Cambridge Analytica”, before advisers…
Read More » - Technology
An attempt to understand how much real-world money was lost by SBF and FTX, a key question for the SEC, suggests only a fraction of crypto's peak $3T value (Paul J. Davies/Bloomberg)
Paul J. Davies / Bloomberg: An attempt to understand how much real-world money was lost by SBF and FTX, a…
Read More » - Technology
SBF's "carelessness" fraud defense, after misrepresenting risk management and funneling customer money to Alameda, is a confession the SEC sees straight through (Matt Levine/Bloomberg)
Matt Levine / Bloomberg: SBF’s “carelessness” fraud defense, after misrepresenting risk management and funneling customer money to Alameda, is a…
Read More » - Technology
The SEC says a secret change to FTX code allowed Alameda to borrow FTX funds irrespective of the collateral value, giving a "virtually unlimited line of credit" (Reuters)
Reuters: The SEC says a secret change to FTX code allowed Alameda to borrow FTX funds irrespective of the collateral…
Read More » - Technology
The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to Alameda while raising over $1.8B (U.S. Securities and Exchange Commission)
U.S. Securities and Exchange Commission: The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to…
Read More » - Technology
The US SEC says it is preparing charges against SBF to be filed in court on December 13, separate from the ones leading to his recent arrest in The Bahamas (Brian Quarmby/Cointelegraph)
Brian Quarmby / Cointelegraph: The US SEC says it is preparing charges against SBF to be filed in court on…
Read More »