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SBF to enter plea deal, Mango’s exploiter arrested, and Celsius news: Hodler’s Digest, Dec. 25-31

Published Dec 31, 2022 03:48PM ET Updated Dec 31, 2022 04:00PM ET
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SBF to enter plea deal, Mango’s exploiter arrested, and Celsius news: Hodler’s Digest, Dec. 25-31
 
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Bankman-Fried may enter plea in NY federal court next week before Judge Lewis Kaplan

Former FTX CEO Sam Bankman-Fried is scheduled to appear in court on the afternoon of Jan. 3 to enter a plea on two counts of wire fraud and six counts of conspiracy against him in relation to the collapse of the FTX cryptocurrency exchange. After being released on a $250 million bail bond, Bankman-Fried reportedly met with Michael Lewis, author of The Big Short: Inside the Doomsday Machine, a bestseller that was turned into a movie, spurring speculation that a film about the disgraced exchange’s saga is on the way.

SBF borrowed $546M from Alameda to fund Robinhood (NASDAQ:HOOD) share purchase

In another headline related to Sam Bankman-Fried, an affidavit by the founder of FTX revealed that he previously borrowed over $546 million from Alameda Research to fund a purchase of Robinhood shares. Later, those same shares were used by Bankman-Fried as collateral for a $600 million loan taken by Alameda from digital asset lender BlockFi. The shares are currently frozen and are worth around $450 million. BlockFi filed a lawsuit seeking to receive the collateral shares in November.

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Mango Markets exploiter arrested on fraud charges Maybe it was illegal

Celsius wants to extend the deadline for claims as lawyer fees mount

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Make sure Ethereum wins Steve Newcomb reveals zkSyncs prime directive

Mati Greenspans boss bribed him with 1 BTC to join Twitter: Hall of Flame

Making the case that Bitcoin is not freedom: Pacific Bitcoin Panel

Continue Reading on Coin Telegraph

SBF to enter plea deal, Mango’s exploiter arrested, and Celsius news: Hodler’s Digest, Dec. 25-31
 

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