[ad_1] FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from… Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
[ad_1] Sam Bankman-Fried’s lawyers have pushed back against the U.S. government’s sentencing memo which makes the case for why it thinks the former FTX CEO should be handed a sentence in the range of 40-50… U.S. Government's Legal Precedents Don't Support Lengthy Prison Term, Bankman-Fried's Defense Argues
[ad_1] In a recent legal submission, Sam Bankman-Fried’s freshly appointed defense team strongly criticized the suggested century-long sentence as “grotesque.” The firm Mukasey Young is pushing for a gentler verdict for the 31-year-old creator of… A Maximum of 78 Months — Sam Bankman-Fried’s Legal Team Calls for Leniency
[ad_1] In November, a jury found Bankman-Fried guilty of seven counts of wire fraud, securities fraud and money laundering, among other charges. His crimes, which came to light in 2022, resulted in the loss of… FTX Founder Sam Bankman-Fried Won’t Face Second Criminal Trial, U.S. Prosecutors Say
[ad_1] U.S. Judge John Dorsey, from the Delaware Bankruptcy Court, scheduled a hearing for early next year to calculate the crypto exchange’s debt to the IRS, a sticking point that has stagnated efforts to remunerate… FTX Bankruptcy Judge Takes Step to Shorten Timeline for Customers’ Recoveries
[ad_1] A set of filings from Sam Bankman-Fried’s defense team late Monday shows his attorneys still hope to clarify that English law governed FTX’s terms of service – which may have implications on the fraud… Sam Bankman-Fried's Defense Team Makes Last-Ditch Bid to Get 'English Law' Detail in Jury Instructions