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By Jane Wester | October 17, 2023
Defense counsel' Mark S. Cohen's first questions related to Singh's testimony, on direct examination, that he sometimes thought Bankman-Fried's spending was excessive or involved bad business decisions.
3 minute read
By Jimmy Hoover | October 17, 2023
The high court has agreed to hear an appeal from New York homeowners fighting to revive a putative class action against the national bank over its alleged failure to comply with a 1974 state law
4 minute read
By Trudy Knockless | October 16, 2023
"We're seeing a very aggressive stance in this administration, where penalties that the SEC is assessing now really aren't tied to precedent, and they're much larger than they've been in the past," said Kelly Gibson, a partner at Morgan, Lewis & Bockius.
6 minute read
By Jane Wester | October 12, 2023
A former Alameda Research software engineer testified that Ellison's nervous laughter, which was audible in the recording, was not unusual for the former cryptocurrency trading firm CEO.
5 minute read
By Jane Wester | October 11, 2023
The key government witness repeatedly referred to feeling a "constant state of dread" in the preceding months as she realized the extent of the wrongdoing at FTX and Alameda.
5 minute read
By Abigail Adcox | October 11, 2023
Still, other law firm leaders are expressing concerns to partners about meeting budget, according to area legal recruiters.
3 minute read
By Jane Wester | October 10, 2023
Ellison's turn on the witness stand immediately followed the testimony of FTX co-founder and chief technical officer Gary Wang, who has also pleaded guilty. Both are testifying under cooperation agreements with prosecutors.
3 minute read
By Jane Wester | October 6, 2023
On direct examination, FTX co-founder and chief technical officer Gary Wang testified at length about Alameda's "special privileges" on FTX. Bankman-Fried and Wang also owned Alameda.
4 minute read
By Amanda O'Brien | October 5, 2023
When Philadelphia-based Sacks Weston declared bankruptcy in August, it became the latest firm to do business with Virage Capital and then hit the skids.
11 minute read
By ALM Staff | October 5, 2023
This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
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