County Alameda Financial News

22.02 / 15:09

FTX Sam Bankman-Fried Stands by Legal Team Amidst Conflict of Interest Concerns

Disgraced former FTX CEO Sam Bankman-Fried (SBF) on Wednesday confirmed plans to stick with his new lawyers Marc Mukasey and Torrey Young, who are also representing Celsius CEO Alex Mashinsky, according to a report by Reuters.

23.10 / 21:43

Extreme Rust electronic Department Courts Walmart agrees to pay $7.5 million to settle California lawsuit over disposal of hazardous waste

Walmart has agreed to pay $7.5 million to settle a lawsuit filed by California officials that alleged the retail giant illegally dumped hazardous waste

06.08 / 00:57

Citi Entertainment 2020 Department Sporting athletics Oakland A's to sell stake in Coliseum to local Black development group

The Oakland Athletics has reached a tentative agreement to sell its half of the Coliseum to a private Black development group for $125 million

23.07 / 01:31

Election President love country reports "I know Donald Trump's type": Kamala Harris offers a preview of the campaign to come

US Vice President Kamala Harris addressed her presidential campaign staff at Wilmington headquarters for the first time on Monday (local time) and laid out the case against Republican presidential candidate Donald Trump, offering a preview of the campaign to come, CNN reported.

24.06 / 10:07

European Union Ukraine war Customers FTX says it will return money to most crypto customers nearly 2 years after catastrophic demise

Fallen cryptocurrency exchange FTX says that nearly all of its customers will receive the money back that they are owed, two years after its spectacular implosion, and some will get more than that.

02.06 / 18:25

UPS Citi BAY community Department evacuation California firefighters battle wind-driven wildfire east of San Francisco overnight

a wind-driven wildfire that continued not only burning but spreading early Sunday in an area straddling the San Francisco Bay Area and central California, authorities said. “Strong winds and dry grass have made it difficult for firefighters to contain," Cal Fire said in a Facebook post Sunday morning.

15.05 / 20:47

FTX crypto market FTX Gets Backlash Despite Planned Full Repayment Plus Interest

The cryptocurrency exchange FTX went bankrupt in November 2022 after a fraud-fueled collapse, leaving its users unable to access the cryptocurrency they held. FTX announced on May 7 that customers would be repaid their holdings plus interest two years after the initial collapse, but the proposed repayment plan has sparked a backlash among creditors.

08.05 / 21:58

Provident Binance CEO economy Trade Bitcoin Courts Customers FTX will return money to most customers less than 2 years after catastrophic crypto collapse

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that

16.04 / 20:19

FTX SBF Elizabeth Warren U.S. Senators Elizabeth Warren and Charles Grassley Demand CFTC Chair Rostin Benham Explain Ties To Sam Bankman-Fried

United States Senators Elizabeth Warren (D-MA) and Charles E. Grassley (R-IA) have demanded that Commodity Futures Trading Commission (CFTC) Chair Rostin Benham disclose details of his interactions with disgraced FTX founder Sam Bankman-Fried prior to the exchange’s collapse, according to an April 12 letter addressed to Benham.

19.02 / 13:37

CEO Death love Universities Department Investigations Ex-YouTube CEO's son dies at UC Berkeley campus, according to officials, relative

University officials and a relativfe say the son of a former YouTube executive died last week at the UC Berkeley campus where he resided

17.01 / 16:39

Enterprise FTX Research social donates Relationships Sam Bankman-Fried’s Parents File for Dismissal in FTX Fraudulent Transfer Case

The parents of Sam Bankman-Fried, the disgraced founder of FTX, are seeking to have the lawsuit filed against them dismissed. They are arguing that they had no involvement in any alleged fraudulent transfers or breaches of fiduciary duties.

11.11 / 20:53

solana SOL FTX Price Prediction Solana Price Prediction as SOL Blasts Through Resistance at $47.50 – $100 SOL Incoming?

The price of Solana (SOL), the cryptocurrency that powers the high-performance, smart-contract-enabled Solana layer 1 blockchain protocol, continues to melt higher on Saturday, taking its rally since the start of the week 44% as the price tests $60.

02.11 / 20:37

Provident Airlines awards love Experts reports testing Flight attendants who blamed uniforms for their health issues win a lawsuit

They blamed chemicals used in their uniforms for their health issues.

30.10 / 18:33

Twitter Platform SBF Testifies: “F-ck Regulators”

Sam Bankman-Fried (SBF) continued his testimony while fielding grilling questions from the prosecution in Manhattan federal court on Monday morning.

30.10 / 17:09

FIVE Reuters Cooper CEO Experts show reports Interviews Sam Bankman-Fried grilled by prosecutor about interviews following FTX's collapse

Sam Bankman-Fried was challenged on Monday over interviews following the cryptocurrency exchange's collapse, in which he said he was not involved in his Alameda Research hedge fund's trading. The questioning by prosecutor Danielle Sassoon, on the second day of Bankman-Fried's testimony in his own defense at his fraud trial, was part of an effort to undercut the 31-year-old former billionaire's credibility after he told jurors last week he did not steal customers' money.

26.10 / 12:55

Law regulation crimes FTX Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge

The possible contents of Former FTX CEO Sam Bankman-Fried upcoming testimony have been outlined in a letter to Judge Kaplan by his lawyer, Mark Cohen.

23.10 / 18:01

CEO Tether USDT coinbase Pinnacle information reports Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply

A recent disclosure by Conor Grogan, Director at Coinbase, unveiled a noteworthy involvement of Alameda Research in the minting of Tether (USDT) tokens. Through meticulous on-chain data analysis, it was found that Alameda was responsible for minting a massive $39.55 billion of USDT. This figure represents roughly 47% of Tether's circulating supply as of October 10, 2023. A prior report by Protoss had estimated the minting at around $36.7 billion, however, Grogan managed to update these figures by identifying additional wallets associated with the minting process.

20.10 / 17:19

business FTX Sam Bankman-Fried asked FTX attorney to 'come up' with legal argument for $8B hole

Sam Bankman-Fried instructed FTX's former general counsel Can Sun to "come up" with any legal explanation for the $8 billion hole in Alameda Research's books, according to Sun's testimony in court on Oct. 19.

19.10 / 14:53

Gemini Customers New York Attorney General Sues Gemini Trust, Genesis Global, and DCG for Defrauding Customers

New York Attorney General Letitia James has filed a complaint against popular crypto exchange Gemini, crypto lending firm Genesis, and crypto investment company Digital Currency Group (DCG).

17.10 / 17:07

Law regulation crimes FTX Court Nishad Singh says there was 'a lot' he didn't remember about FTX in 2022 — SBF trial

Lawyers representing former FTX CEO Sam “SBF’ Sam Bankman-Fried conducted their cross-examination of Nishad Singh, pressing the former engineering director on events leading to Alameda Research using funds from the crypto exchange.

13.10 / 23:03

business FTX Bankruptcy Caroline Ellison desired to step down but feared a bank run on FTX

Caroline Ellison wasn't doing a good job leading Alameda Research in 2022, and she did not hide it. Pieces of her personal notes shared as evidence by prosecutors on Sam Bankman-Fried's trial revealed details about the trading firm's struggles and its CEO's desire to resign weeks and months before the collapse of FTX.

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