SBF to enter plea deal, Mango’s exploiter arrested, and Celsius news: Hodler’s Digest, Dec. 25-31
Bankman-Fried may enter plea in NY federal court next week before Judge Lewis Kaplan
Former FTX CEO Sam Bankman-Fried is scheduled to appear in court on the afternoon of Jan. 3 to enter a plea on two counts of wire fraud and six counts of conspiracy against him in relation to the collapse of the FTX cryptocurrency exchange. After being released on a $250 million bail bond, Bankman-Fried reportedly met with Michael Lewis, author of The Big Short: Inside the Doomsday Machine, a bestseller that was turned into a movie, spurring speculation that a film about the disgraced exchange’s saga is on the way.
SBF borrowed $546M from Alameda to fund Robinhood (NASDAQ:) share purchase
In another headline related to Sam Bankman-Fried, an affidavit by the founder of FTX revealed that he previously borrowed over $546 million from Alameda Research to fund a purchase of Robinhood shares. Later, those same shares were used by Bankman-Fried as collateral for a $600 million loan taken by Alameda from digital asset lender BlockFi. The shares are currently frozen and are worth around $450 million. BlockFi filed a lawsuit seeking to receive the collateral shares in November.
Argo Blockchain sells top mining facility to Galaxy Digital for $65M
Mango Markets exploiter arrested on fraud charges Maybe it was illegal
Celsius wants to extend the deadline for claims as lawyer fees mount
not undervalued yet, says research as BTC price drifts nearer to $16K
Midas Investments closes down amid $63M DeFi portfolio deficit
Kraken quits Japan for the second time, blaming a weak crypto market
3Commas API leak victims demand refunds and apology for ‘gaslighting’
Make sure wins Steve Newcomb reveals zkSyncs prime directive
Mati Greenspans boss bribed him with 1 BTC to join Twitter: Hall of Flame
Making the case that Bitcoin is not freedom: Pacific Bitcoin Panel
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