Sam Bankman-Fried considered selling FTX equity to Saudi crown prince, says Caroline Ellison. United States banking giant JPMorgan debuted its in-house blockchain-based tokenization application, the Tokenized Collateral Network (TCN). And Brazil’s Congress wants Binance boss Changpeng “CZ” Zhao and other exchange executives put up for indictment.
FTX co-founder and former CEO Sam Bankman-Fried attempted to raise equity for FTX by considering an investment from Saudi Crown Prince Mohammed bin Salman, according to courtroom testimony from former Alameda Research CEO Caroline Ellison.