SBF granted highest ever pre-trail bail of $250M, released to parents’ home in Palo Alto

The dramatic story of Sam Bankman-Fried is far from over as he landed on United States soil today and stood before a magistrate in the Southern District of New York where he was indicted on 8 counts of financial crimes. The post SBF granted highest ever pre-trail bail of $250M, released to parents’ home in Palo Alto appeared first on CryptoSlate.

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New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors

The interchain communication protocol, Axelar, has announced a $60M funding program to drive innovation for web3 startups building during the bear market. The post New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors appeared first on CryptoSlate.

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SBF shifts blame to Alameda, claims ‘I didn’t knowingly commingle funds’

Speaking live at the New York Times Dealbook event, Sam Bankman-Fried declared that he did not “knowingly commingle funds.” “I was surprised just how big Alameda’s position was… I wasn’t trying to commingle funds.” When asked how he can accept the difference between his prior statement on Twitter that the issue with FTX came down The post SBF shifts blame to Alameda, claims ‘I didn’t knowingly commingle funds’ appeared first on CryptoSlate.

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