Defense Claims Jury Received Incomplete Evidence in Sam Bankman-Fried Trial, Seeks Appeal

New York — Lawyers for Sam Bankman-Fried, the former cryptocurrency entrepreneur facing legal battles, argued that jurors in his trial did not view the full scope of evidence, which they believe could have impacted the verdict significantly. This statement was part of an appeal process initiated after Bankman-Fried, founder of the now-defunct FTX Trading, was convicted on charges related to fraudulent activities and mismanagement of customer funds. During the trial, prosecutors painted Bankman-Fried as a central figure in a scheme that involved illegal diversion of customer assets to cover debts and risky bets at Alameda … Read more

Received Payment Via Cash App? Find Out If You Could Claim $2,500 in Recent Settlement!

San Francisco — Millions of Cash App users might be eligible to claim a slice of a hefty lawsuit settlement after a class action suit targeted the financial platform for alleged privacy violations. Cash App, a popular mobile payment service managed by Block Inc., formerly known as Square Inc., has agreed to a preliminary $23.5 million settlement over claims it violated users’ privacy by using their personal data for targeted advertising. The lawsuit, originating from a complaint filed in California in 2020, contended that Cash App improperly shared personal and financial information of its users … Read more