Caroline Ellison | FinTelegram News

Tag: Caroline Ellison

January 1, 2024

U.D. DOJ’s ‘Convenient’ Dismissal of SBF’s Second Trial Sparks Fury and Conspiracy Theories!

In a move that has sparked a firestorm of controversy and accusations of deep-rooted corruption, the U.S. Department of Justice (DOJ) has dropped a bombshell: no second trial for the infamous FTX founder, Sam Bankman-Fried (SBF). This decision to let SBF off the hook for additional charges, including those tied to campaign finance, reeks of a miscarriage of justice, sending shockwaves through the crypto community and beyond.

November 6, 2023

Sam Bankman-Fried’s Legal Troubles Deepen After Conviction – The FTX Case Continues Unfolding

In the Aftermath of a high-profile conviction, the FTX drama persists. The crypto universe watched in disbelief as one of its most iconic figures, Sam Bankman-Fried (SBF), faced the full force of the law with a potential century-long prison sentence hanging over his head. The co-founder and one-time CEO of the now-defunct crypto FTX exchange was convicted on an array of charges, including fraud and money laundering, with a sentencing date set for March 28, 2024.

November 1, 2023

Crypto Trial: Final Cross-Examination Concludes The Trial Against FTX Founder Sam Bankman-Fried!

In the ongoing criminal fraud trial of FTX founder Sam Bankman-Fried (SBF), he faced a rigorous cross-examination by federal prosecutor Danielle Sassoon during a second consecutive day of testimony. The cross-examination on Tuesday centered on SBF's actions and statements leading up to the collapse of FTX in November. Repeatedly, he denied any knowledge of the misappropriation of billions of dollars in customer funds until shortly before the company's downfall last year.

October 31, 2023

Crypto Trial: FTX Founder Sam Bankman-Fried Questioned By Prosecutors!

Monday was another crypto trial day in New York. FTX founder Sam Bankman-Fried (SBF) was questioned by the prosecutor. As FTX CEO, SBF used to be very active on Twitter and in TV interviews. However, these public statements have now become a focal point in the trial against him. On Monday, the federal prosecutor extensively questioned him about any discrepancies between his public remarks and the actual FTX operations.

October 17, 2023

Crypto Trial: The Next Former FTX Executive Accuses Sam Bankman-Fried!

Nishad Singh, once a senior executive at the collapsed FTX crypto exchange, testified against the company's founder, Sam Bankman-Fried (SBF). He alleged the misuse of hundreds of millions of dollars for buying luxury properties, investing in startups, and signing deals with celebrities. Singh recalled feeling "betrayed" upon discovering an $8 billion deficit in FTX customer accounts, suspecting that a significant portion of the missing funds financed SBF's lavish expenses.

Crypto
SEC

October 6, 2023

Gary Gensler’s Failed Crypto Oversight: A Call for Resignation

The crypto industry in the U.S. is at a pivotal juncture, and much of the recent turmoil can be traced back to the leadership of the current SEC Chair, Gary Gensler. His tenure has been marked by a series of missteps, questionable decisions, and a lack of clarity that has left the crypto community in the U.S. feeling targeted and uncertain about its future. However, in the FTX case, Gensler acted far too relaxed. He failed!

October 5, 2023

Crypto In Court: Trial Against FTX Founder Sam Bankman-Fried Started!

In an unexpected turn of events, commodities broker Marc-Antoine Julliard, who primarily dealt in cocoa beans, transitioned to cryptocurrency trading in 2021 using the FTX platform. Fast forward two years, and Julliard emerged as the lead witness in the high-profile fraud trial against FTX's founder, Sam Bankman-Fried (SBF). The allegations? Misappropriation of billions in client funds. On Wednesday, Julliard's testimony spanned nearly an hour, detailing his uneasy experiences with FTX.

August 22, 2023

Former Crypto King Sam Bankman-Fried And His Perfect Fall From Grace!

Mythology also knows these individuals who, driven by their own hubris, want to get too close to the sun and then crash with burnt wings. The comparison with Icarus is probably the most apt one you can find for FTX founder Sam Bankman-Fried (SBF). Just 18 months ago, he was the US crypto mogul that politicians and celebrities bowed down to. Today he sits in jail waiting for his trial. A perfect fall from grace.

August 12, 2023

FTX Founder Sam Bankman-Fried Sent To Jail For Violating Bail Conditions: What You Need To Know!

Sam Bankman-Fried (SBF) had been under house arrest at his parent’s home as he awaited trial on charges stemming from the collapse of his crypto company, FTX. However, the 31-year-old founder of the now-defunct crypto exchange FTX was sent to jail after a federal judge in New York revoked his bail. The decision came after accusations that SBF attempted to influence witnesses for his upcoming trial in October 2023.

July 27, 2023

U.S. Prosecutors Ask For Pre-Trial Detention Of FTX Founder Over Witness Tampering!

U.S. prosecutors have requested the pretrial detention of FTX founder and former CEO Sam Bankman-Fried (SBF) ahead of his scheduled trial in October related to the exchange's collapse. During a court hearing, the prosecutor argued that "no set of release conditions can ensure the safety of the community," Reuters reports. SBF has been actively communicating with the public and reporters, raising concerns about the potential impact on the case.

December 22, 2022

U.S. Regulators & Prosecutors Charge FTX Executives Caroline Ellison And Gary Wang!

The U.S Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Department of Justice (DOJ) charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief Technology Officer of FTX Trading Ltd. (FTX), for their roles in fraudulent FTX crypt scheme co-founded by Sam Bankman-Fried (SBF) and Wang. Ellison and Wang pleaded guilty to the criminal charges and cooperate with the authorities.

The Unraveling of Rabidi and the Rise of the SoftSwiss Network: Our Updated Forensic Report

A few months ago, FinTelegram released a first forensic report on the bankruptcy of Rabidi N.V., a Curacao-registered online casino operator with hundreds of millions in revenues — and no traceable assets by the time of its collapse in May 2024. That report already raised serious questions about the opaque structures behind Rabidi’s operations and its successor, Liernin Enterprises Ltd.

DeFi Decoded: Smart Contracts – The Code Behind the DeFi Revolution

Smart contracts are the invisible architects of decentralized finance. These self-executing lines of code run everything from token swaps to lending platforms without middlemen. But while they offer autonomy, they also introduce new risks—bugs, exploits, and irreversible mistakes. In this fourth installment of our FinTelegram DeFi Series, we explain what smart contracts are.

CFTC

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.