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Alameda Research CEO Caroline Ellison allegedly paid herself millions of dollars in a single bonus payment despite knowing about massive holes in FTX’s finances. Months before FTX filed for bankruptcy, she allegedly moved the money between various accounts until it landed in her own. Crypto exchange FTX spectacularly imploded late last year, dragging Alameda Research, its affiliate trading firm, down with it. Alameda itself was losing huge amounts of money thanks to high-risk bets, with FTX accused of secretly redirecting its users’ funds to its sister firm to help plug its losses. Legal proceedings launched in the wake of FTX’s...

Ellison told the Minneapolis-based retail titan to “stand firm in the face” of violence, intimidation and discrimination against its LGBTQAI+ customers, despite not citing any examples. Minnesota Attorney General Keith Ellison has co-authored a letter to the CEO of Target that suggests he would use the powers of his office to ensure that Target is not intimidated into “pulling some Pride merchandise from stores.” In a June 20 letter Ellison and Massachusetts Attorney General Andrea Joy Campbell wrote to Brian Cornell, chairman and CEO the Minneapolis-based retail titan, they expressed concern over Target’s “choice to pull Pride merchandise,” which Ellison...

Nishad Singh is third person in founder’s inner circle agreeing to cooperate with federal prosecutors ... The collapse of FTX has set off the largest crypto-related bankruptcy ever ... Singh said that in mid-2022 he learned that Mr. Bankman-Fried’s crypto hedge fund Alameda Research was borrowing FTX customer funds. By September 2022, Alameda was no longer able to repay the billions of dollars that it had taken from FTX, Mr. Singh said. He said that, at the direction of Mr. Bankman-Fried, he falsified FTX’s revenues to make the company more appealing to investors. ... Mr. Singh also pleaded guilty to...

On the same day that that the Bahamas extradited FTX co-founder and former CEO Sam Bankman-Fried to the U.S. to face criminal charges, two former executives at FTX and Alameda Research pleaded guilty Wednesday to federal fraud charges. Caroline Ellison, the former chief executive of Alameda Research, and FTX co-founder Zixiao (Gary) Wang, also its former chief technology officer, were charged for their roles in contributing to the crypto platform’s collapse. [Snip]

Disgraced Alameda Research CEO Caroline Ellison penned graphic blog posts about polyamory and masochism before the implosion of her FTX-linked cryptocurrency hedge fund. Ellison — who dated FTX founder Sam Bankman-Fried — wrote candidly about her “‘foray into poly” on her now-deleted Tumblr account back in February 2020, according to the Daily Mail. The post — along with a series of other sexualized entries — was unearthed by the tabloid just days after CoinDesk claimed Ellison, 28, and Bankman-Fried, 30, were part of a 10-person “cabal of roommates” that managed operations for FTX and Alameda from a luxury penthouse in...

Minnesota Attorney General Keith Ellison claims to be the “People’s Lawyer.” But documents say he spoke at a lavish Hawaii retreat in June 2021 partially funded by companies he’s investigating, including Meta and Google. A 2021 retreat agenda of the Attorney General Alliance says Ellison participated in a lunch conversation at the Grand Wailea hotel with New Mexico Attorney General Hector Balderas about managing high-profile criminal matters. The AGA is a bipartisan group funded via corporate sponsorship tiers from $10,000 to $50,000, according to documents reviewed by The Center Square. A 2020 AGA sponsorship list obtained by The Center Square...

Video from the mid-1990s has surfaced showing Keith Ellison doubting the legal culpability of a convicted cop killer. Power Line’s Scott Johnson recently posted unearthed footage from a November 1996 panel discussion Ellison participated in regarding the death penalty. Working as an attorney at the time, Ellison claimed the death penalty was one of several “racially biased” institutions that disproportionately affect black Americans and “oppressed nationalities.” He cited the example of Mumia Abu-Jamal, a black man who was sentenced to death in 1982 for the first-degree murder of Philadelphia police officer Daniel Faulkner. Despite the guilty conviction, Ellison claimed without...

Jim Schultz, the Republican candidate for attorney general in Minnesota, has extended his lead over Minnesota Attorney General Keith Ellison (D) to seven points, according to a poll. The most recent KSTP/SurveyUSA poll found that 49 percent of likely Minnesota voters support Schultz, compared to just 42 percent for Ellison. An additional nine percent of voters remain undecided.

WCCO claims to be lacking evidence that Attorney General Keith Ellison is “anti-cop,” as a Republican Attorneys General Association ad has it. The station ran a fact-check on the ad Monday, asking for “more specifics” on the “serious accusations” that Ellison has been “anti-cop forever” and “supports convicts.” In the article, University of Minnesota professor Larry Jacobs, without specifying, said “some” of the “claims” in the ad are “outright wrong.” Much of this information on Ellison has been discussed in the past. Power Line’s Scott Johnson has been writing about Ellison’s early life on and off for the past 15...

Jim Schultz, the Republican candidate for attorney general in Minnesota, is now tied with Minnesota Attorney General Keith Ellison (D), according to a MinnPost poll released Monday. MinnPost found that Schultz and Ellison are tied at 47 percent support among Minnesota voters. However, the two candidates are now vying for support from the five percent of undecided voters.

Since 2018 two prominent members of the Soros family have donated thousands of dollars to help Keith Ellison become or remain Minnesota’s attorney general. According to a campaign finance disclosure, George Soros and his son Alexander each gave Ellison’s 2022 reelection campaign $2,500 in October of last year. Ellison appears to be one of the only individual candidates in Minnesota to whom the Soros’ have personally donated money. Aside from Ellison’s campaign itself, Alexander Soros gave a whopping $100,000 to the People’s Lawyer PAC in June 2018. Per the Washington Free Beacon, the People’s Lawyer PAC was an independent expenditure...

ST. PAUL, Minn. (FOX 9) - Minnesota Attorney General Keith Ellison announced Wednesday he is suing Fleet Farm for selling guns to straw buyers. The lawsuit alleges Fleet Farm sold at least 37 guns to straw purchasers, a person purchasing a gun for an individual not allowed to own one, over the course of 16 months. In a span of four months in 2021, Ellison alleges Fleet Farm sold 24 guns to the same straw purchaser, Jerome Horton, who was charged in federal court last year. Ellison says one of the guns traced to a sale at Fleet Farm was...

One of America’s most far-left politicians will be coming to Minnesota later this week to campaign for Attorney General Keith Ellison. Self-proclaimed democratic socialist Sen. Bernie Sanders, an Independent who has twice ran for the Democratic presidential nomination, will make campaign stops in Duluth, Rochester, and Minneapolis with Ellison on Thursday and Friday. “I’m proud to support Keith Ellison’s grassroots campaign for reelection. As the people’s lawyer in Minnesota, he fights every day for the working class,” Sanders said. Known for his criticisms of “millionaires and billionaires,” it was revealed in 2019 that Sanders himself became a millionaire after his...

Oracle and Walmart’s plan to buy TikTok’s U.S. operations has been pushed back indefinitely, as President Joe Biden reviews former president Donald Trump’s efforts to address potential security risks from Chinese tech companies, The Wall Street Journal reported on Wednesday, citing people familiar with the matter. Oracle’s stock was slightly positive in premarket trading Wednesday and Walmart’s was slightly negative. Trump pushed TikTok to find an American buyer by threatening to ban the popular video app due to concerns that its Chinese parent company ByteDance could hand over U.S. users’ data to the Chinese government. TikTok has denied that this...

<p>Larry Ellison is chairman and chief executive officer of Oracle Corp., a business softwaremaker in Redwood City. The company reported net income of $2.3 billion on revenue of $9.47 billion for the fiscal year ended May 31.</p> <p>Oracle, with a current market capitalization of about $72 billion, employs 40,000 people, including 18,000 in the United States and 22,000 in other countries. Ellison, who co-founded Oracle in 1977, controls about 25 percent of the company's common shares and exercisable options, and has a net worth of at least $18 billion. He was ranked as the ninth-richest American in 2002 by Forbes magazine.</p>

Billionaire Bill Gates is warning that America is heading for “civil war” and fears that “political polarization” could “bring it all to an end.” Gates made the prediction during a recent keynote conversation at this year’s Forbes 400 Summit on Philanthropy. The Microsoft co-founder revealed that he plans to end Bill & Melinda Gates Foundation in 25 years. “The goal for the foundation is to run for another 25 years,” Gates said in the keynote conversation with Forbes’ Chief Content Officer Randall Lane. He revealed that he plans to spend billions of dollars over the next few years on...

At least nine of the 48 people accused of defrauding the government of $250 million meant to feed hungry children have donated to Democratic officeholders in Minnesota. The number is likely higher and Alpha News is working to confirm the identities of additional defendants. Campaign finance records show 42-year-old Liban Yasin Alishire donated $2,500 in May of this year to the reelection campaign of Attorney General Keith Ellison. Alishire listed Hoodo Properties as his employer, which was a shell company he created to purchase luxury items and real estate with money he stole from the government, according to an indictment....

Minnesota Attorney General Keith Ellison is targeting crisis pregnancy centers amid a record number of attacks on pro-life groups. Ellison joined California and Massachusetts Tuesday in issuing a “consumer alert” about crisis pregnancy centers, citing a lone report written by abortion advocates as justification. “The Minnesota constitution guarantees the right to safe and legal abortion. Many crisis pregnancy centers claim to offer comprehensive health care, but their purpose is to prevent pregnant people from accessing that right — which sometimes they accomplish by misleading, misinforming, or deceiving people,” Ellison said in a statement. The consumer alert claims crisis pregnancy centers...

Minnesota Attorney General Keith Ellison claims Florida’s new law preventing teacher discussions of gender ideology and sexuality with young children is “extreme” and “discriminatory” toward “LGBTQ+ students.” A Thursday press release from the attorney general’s office reported that Ellison and 16 other attorneys general around the United States have filed a joint amicus brief challenging Florida’s Parental Rights in Education law, which has been derogatorily labeled the “Don’t Say Gay” law. The amicus brief supports the plaintiffs in a lawsuit against the Florida State Board of Education that claims the Parental Rights in Education law is “harmful” and “unconstitutional.” Florida’s...

Last week, billionaire internet entrepreneur (Netscape co-founder) Jim Clark broke the news to the WSJ that he sold his oceanfront estate near Palm Beach, Florida, for $173mln. At the time, Clark wouldn’t reveal who the mystery buyer was. Bloomberg reports the buyer of the most expensive property ever sold in Florida is no other than billionaire Oracle Corp. co-founder Larry Ellison. Ellison’s new estate includes a 62,000-square feet Mediterranean-style mansion and several other buildings on the property with more than 30 bedrooms. It was noted by Bloomberg The real estate transaction was off-market. Clark bought the estate in early 2021...