• The U.S. Department of Justice (DOJ) has accused Sam Bankman-Fried of leaking Caroline Ellison’s private diary to the New York Times in order to taint the trial and discredit a government witness.
• FTX is suing its former executives for $1 billion, alleging that SBF gave his father a $10 million gift in January 2022 as part of his defense strategy.
• The leaked diary reveals how Ellison’s leadership role at Alameda Research overwhelmed her prior to the FTX collapse.
DOJ Accuses SBF of Leaking Private Diary
The U.S. Department of Justice (DOJ) has accused Sam Bankman-Fried (SBF) of releasing Caroline Ellison’s private diary to reporters from the New York Times, according to a July 20 letter to Judge Lewis Kaplan. The DOJ argued that SBF released the letter as part of efforts to „interfere with a fair trial by an impartial jury,“ adding that the release specifically aimed to „publicly discredit a government witness“ and potentially bias the jury against her („taint the jury pool“).
FTX Sues Former Executives for $1B
FTX is suing its former executives for $1 billion, alleging that SBF gave his father a $10 million gift in January 2022 as part of his defense strategy. This is in addition to other funds allegedly used for legal fees and other costs associated with defending himself against criminal charges related to insider trading and market manipulation during his time at FTX and Alameda Research.
Ellison’s Diary Reveals Stressful Role at Alameda
The leaked diary reveals how Ellison’s leadership role at Alameda Research overwhelmed her prior to the FTX collapse. She wrote about feeling like she was constantly struggling between work stress and personal commitments while having difficulty finding balance in her life due to her demanding job responsibilities. She also expressed worries over whether or not she was up for the task, noting it would be difficult if she was unable to meet expectations placed upon her by investors or colleagues at Alameda Research or FTX itself.
Apple Developing AI Chatbot As Internal Tool
Apple is developing its own AI chatbot as an internal tool, according to reports from July 21st. The company hopes this will make it easier for employees across different departments within Apple Incorporated, such as engineering or customer service teams, communicate more effectively with each other through automated conversations instead of relying on traditional emails or phone calls alone .
Societe Generale Subsidiary Receives Crypto License
Societe Generale subsidiary SGSS has received France’s first crypto services license from Autorité des Marchés Financiers (AMF). This will allow them provide services such as custody solutions and payment processing services for digital assets in France and other European countries they operate in without having any legal barriers preventing them from doing so within those jurisdictions..
