News list for " former chief"
Amanda Fischer, chief of staff to Gary Gensler, former chairperson of the Securities Exchange Commission (SEC), has sparked widespread controversy in the industry by comparing the liquid pledge mechanism of cryptocurrencies to the double pledge of assets that led to the collapse of Lehman Brothers. Fischer said on social platform X that the SEC's position on liquid pledges is equivalent to endorsing the Lehman Brothers-like double pledge of assets. Several industry figures have refuted this. Mat...
SBF, the former CEO and co-founder of FTX, told the New York Sun in a Brooklyn jail that he believes he was wrongfully convicted. Saying his biggest mistake was allowing Sullivan & Cromwell to take over FTX in November 2022, SBF said he should have continued to deal with liquidity issues rather than letting the firm take over and mislead clients. Due to this decision, millions of customers were told that their funds were exhausted and had to wait two years before they started receiving payments,...
Mira Murati, the former chief technology officer of OpenAI, established the new company.
According to Techstartups, artificial intelligence startup Safe Superintelligence (SSI), founded last year by Ilya Sutskever, the former chief scientist of OpenAI, is in talks for a new round of financing with a valuation of at least $20 billion. The valuation is a fourfold increase from its $5 billion valuation when it completed a $1 billion financing in September last year. The exact amount of the financing has not yet been determined and the relevant negotiations are still in the early stages...
Balaji Srinivasan, the former chief technology officer of Coinbase, said on social media that meme is a zero-sum lottery that does not create wealth. Every buy is just matched with a sell order. After an initial surge, the price eventually plummets and the last buyer loses everything. If you consider the platform's cut, meme is actually a negative sum.
Roni Cohen-Pavon, the former chief revenue officer of crypto lending platform Celsius, will not be sentenced on December 11 after former CEO Alex Mashinsky reached a plea deal with U.S. prosecutors. In a filing with the U.S. District Court for the Southern District of New York, Judge John Koeltl granted U.S. Attorney Damian Williams' request to cancel Roni Cohen-Pavon's sentencing hearing until after Alex Mashinsky's sentencing hearing, which was originally scheduled for 2025.
The former CEO of crypto platform Celsius, Alex Mashinsky, is facing criminal prosecution in the United States after his lawyers failed to drop two charges related to commodity fraud and manipulation of the price of Celsius (CEL) tokens. Judge John Koeltl has filed a document in the U.S. District Court for the Southern District of New York, ruling that Mashinsky's legal team's arguments to drop the charges were "either moot or unfounded." The judge denied the motion to drop the two charges, leav...
According to @cryptounfolded, FTX is suing former Binance CEO Changpeng Zhao to recover $1.80 billion.
The former CEO of Alameda Research, Caroline Ellison, is expected to serve her prison sentence on November 7 local time on charges of participating in the criminal activities of the crypto exchange FTX. As of the time of this article's publication, the US Federal Bureau of Prisons (BOP) website states that Ellison is not in custody, but has provided the inmate number as well as her age, race and gender. On September 24, U.S. District Court Judge Lewis Kaplan for the Southern District of New York...
According to people familiar with the matter, Mira Murati, the former chief technology officer of OpenAl, is raising proceeds from venture investors for her new artificial intelligence startup. The goal of the new company is to build artificial intelligence products based on proprietary models, and it is not clear whether Murati will serve as CEO at the new company, the people said.
