''we further allege that Ms.Ellison and Mr.Wang played an active role in a scheme to misuse FTX customer assets to prop up Alameda and to post collateral for margin trading.''<\/em><\/p>\n\n\n\nThe Federal court is accusing the former crypto billionaire (SBF) of fraud involving more than $8 billion from his customer before filing for bankruptcy protection in Delaware on November 11. The case - per the new FTX CEO John Ray overseeing the bankruptcy \u2013 is a ''complete failure of corporate control.''<\/em><\/p>\n","post_title":"Sam Bankman-Fried Released on a $250M Bail; Former FTX Executives Plead Guilty","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sam-bankman-fried-released-on-a-250m-bail-former-ftx-executives-plead-guilty","to_ping":"","pinged":"","post_modified":"2022-12-25 01:09:08","post_modified_gmt":"2022-12-24 14:09:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8970,"post_author":"15","post_date":"2022-12-23 16:26:23","post_date_gmt":"2022-12-23 05:26:23","post_content":"\nChainlink active addresses jump almost 15x in just one day. Here's what the data shows:<\/p>\n\n\n\n