U.S. Government Seeks Crypto in Connection With SBF’s Bribes to Chinese Officials

U.S. officials filed a complaint to seize crypto tied to Sam Bankman-Fried’s alleged $40M bribe to Chinese officials in 2021. The funds sought to unlock Alameda Research accounts frozen during Chinese crackdowns. Bankman-Fried, now serving a 25-year sentence, faces increasing legal scrutiny.
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Alameda Research Files Lawsuit Against Waves Blockchain Founder, Claiming $90 Million Loss

The Alameda Research lawsuit accuses Sasha Ivanov of manipulating WAVES token prices and misusing funds deposited on Vires.Finance, leading to a $90M loss. This legal battle is part of Alameda’s broader efforts to recover losses from FTX’s collapse. Delve into the claims and their implications.
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Former Alameda Research CEO Caroline Ellison Set to Be Sentenced Today

Former Alameda Research CEO Caroline Ellison is set to be sentenced in the United States Southern District of New York today for her role in the FTX collapse. Ellison notably gave a three day testimony against Bankman-Fried last fall as part of his landmark digital asset fraud trial that saw the FTX founder land 25 years in prison.
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Alameda Research CEO Caroline Ellison Will Get No Prison Time, Polymarket Betters Predict

Polymarket betters are predicting that former Alameda Research CEO Caroline Ellison will receive no prison time for her role in the FTX scandal ahead of her September 24 sentencing, a new poll on the prediction market’s website reveals. Ellison testified against SBF in his landmark fraud trial last year and was considered the prosecution’s star witness.
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