What SBF would have testified in front of Congress - part 3 of 11: What Went Wrong with Alameda.

What SBF would have testified in front of Congress - Part 2 of 11.

Unfortunately, we never got to hear these words. Fortunately, SBF has said essentially all these in multiple PR interviews leading up to his arrest.

This year was truly a shock for many, and this is not only about geopolitics but also about the situation in the cryptocurrency market. Crypto investors lost more than $2 trillion in a year. First Terra/Luna, now FTX shock. I will try to tell you without…

But will customers who lost billion of dollars in deposits get their money back?

Aren't we glad we have 3 branches of government now? Separation of power ftw!

Money Laundering and Crypto Scams are a match made in hell.

Securities Fraud are the most common criminal charge for crypto scam.

Commodities fraud refer to possible price manipulation of digital assets.

As John Ray said, it's just plain old embezzlement, and not the sophisticated type.

Among the 8 counts of charges against SBF, this is Count 3 - conspiracy to commit Wire Fraud against lenders.

SBF is accused of not only conspiring to commit wire fraud but also having committed wire fraud against FTX customers, per criminal charges by the SEC.

When your nickname is in the official filing by the SEC, you know you're in big trouble.

The defendant, willfully and knowingly did combine, conspire, confederate, and agree together and with each other to commit wire fraud.

Let’s be honest, the crypto market has been facing several significant shocks and challenges in recent times including the FTX crash, Goldman Sachs buying up crypto businesses, and a prolonged crypto winter. 

Hidden behind the public view is one of crypto industry’s biggest secrets, the Shadow Debt Market.

SEC v. Ellison and Wang is part of HackerNoon’s Legalpdf Series. This is part 6 of 12- RELEVANT PARTIES AND ENTITIES.

ah, the infamous leaked balance sheet that started the chain of events leading to FTX's eventual collapse

...and he did so by using stolen FTX customers' funds to 'rescue' other industry players like Blockfi, per lawsuit

A guide on creating a crypto community and shielding your project from an attacker