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FTX misused customer funds, accounting expert who assisted in Enron prosecution testifies

The Sam Bankman-Fried trial is 11 days in and witnesses continue to take the stand on behalf of the prosecution’s case. The defamed former co-founder of FTX and Alameda is on trial for seven criminal charges related to fraud and money laundering. On Wednesday, Peter Easton, an accounting professor at University of Notre Dame, testified regarding whether or not the FTX collapse was predicated on fraud.

FTX misused customer funds, accounting expert who assisted in Enron prosecution testifies

FTX misused customer funds, accounting expert who assisted in Enron prosecution testifies
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FTX misused customer funds, accounting expert who assisted in Enron prosecution testifies

The Sam Bankman-Fried trial is 11 days in and witnesses continue to take the stand on behalf of the prosecution’s case. The defamed former co-founder of FTX and Alameda is on trial for seven criminal charges related to fraud and money laundering. On Wednesday, Peter Easton, an accounting professor at University of Notre Dame, testified regarding whether or not the FTX collapse was predicated on fraud.

You Have Got To See This Unhinged SBF Memo

Here's Sammy A document penned by fallen crypto angel Sam Bankman-Fried that his lawyers didn't want prosecutors to use has come to light — and reader, it is absolutely buckwild. "I find it really fascinating to stroll through uncanny vallies [sic]," Bankman-Fried wrote in the document obtained by Molly White, the force behind the hilarious […]

FTX Latest: Ellison Fights Back Tears Describing Her Worst Week

(Bloomberg) Alameda Research co-Chief Executive Officer Caroline Ellison took the stand for a second day on Wednesday in the trial of Sam Bankman-Fried, co-founder of crypto exchange FTX. Ellison, who also had an on-and-off romantic relationship with Bankman-Fried, is the most important of the government’s three star witnesses.Most Read from BloombergIsrael Latest: Israel Vows to Wipe Out Hamas as Ground War LoomsWall Street Brushes Off Hot PPI as Stocks Advance: Markets WrapIsrael Latest: Is

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