Daily Archives: October 31, 2023, 5:09 pm

Who’s asking the tough questions?

US Assistant Attorney Danielle Sassoon is leading the government’s cross-examination of FTX founder Sam Bankman-Fried. Sassoon was a law clerk to Justice Antonin Scalia, whom she said taught her “how to fire a pistol and a rifle, and made me feel like I had grit,” she wrote in 2016. “He thickened my skin, which was the best preparation for a career…

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Cyber Chiefs Worry About Personal Liability as SEC Sues SolarWinds, Executive – WSJ

Monday’s lawsuit is the SEC’s first against a corporate security chief in relation to a hack. A year ago, the regulator served so-called Wells notices related to its investigation of the cyberattack to SolarWinds and Tim Brown, vice president of security and CISO, signaling intentions to pursue a civil case. Chief Financial Officer J. Barton Kalsu also received a notice…

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Sam Bankman-Fried’s Post-Collapse Media Blitz Has Clearly Backfired

A reminder, dear reader: If you’re accused of committing massive fraud and risk facing the rest of your life in prison, you should probably turn down that interview with “Good Morning America.” Such advice might’ve served Sam Bankman-Fried, the disgraced crypto founder who couldn’t keep quiet last year following the collapse of his FTX crypto empire, after he allegedly stole…

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Bankman-Fried Had a Hairy Day in Court

Determined to highlight inconsistencies in the former crypto chief’s alternate history, the assistant U.S. attorney leveraged his prolific history of tweeting, interviewing and testifying before Congress about FTX’s purported greatness and safeness. She wanted to catch Bankman-Fried in a lie. After four hours she’d at least gotten the next-best thing: evidence he’s is a VERY unreliable narrator. “Would you agree…

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