FTX Withdraws Controversial Motion on ‘Problematic’ Countries
Representatives of the bankrupt exchange FTX have withdrawn a motion to restrict payments to users from 49 countries, including Russia and Ukraine.Sam Bankman-Fried is a prominent figure in the cryptocurrency industry, known for founding the FTX exchange.
FTX Withdraws Controversial Motion on ‘Problematic’ Countries
Representatives of the bankrupt exchange FTX have withdrawn a motion to restrict payments to users from 49 countries, including Russia and Ukraine.
Sam Bankman-Fried Claims FTX Was Solvent at the Time of Collapse
In November 2022, at the time of its collapse, the cryptocurrency exchange FTX was "effectively solvent," according to its founder, Sam Bankman-Fried.
FTX Founder Claims Biden’s Retaliation for GOP Donations
FTX founder Sam Bankman-Fried claimed his 2022 arrest was Biden's response to GOP donations.
Sam Bankman-Fried Moved to Transit Center Following Tucker Carlson Interview
FTX founder Sam Bankman-Fried (SBF) has been transferred to a federal transit center in Oklahoma City. According to WSJ, his relocation began on March 26 following an unauthorized video interview with Tucker Carlson from a Brooklyn prison. Sam Bankman-Fried is doing 25 years behind bars, and is now sharing a cell block with Diddy. He […]
SBF Labels FTX Collapse a ‘Liquidity Crisis’ and Seeks Pardon
Sentenced to 25 years in prison, FTX founder Sam Bankman-Fried (SBF) reiterated in an interview with The New York Sun that at the time of its collapse, the exchange was solvent but illiquid. He added that the law firm Sullivan & Cromwell mishandled the bankruptcy proceedings. “At that time, there were enough assets to pay […]
Bloomberg Reports SBF’s Parents Seek Presidential Pardon
The parents of FTX co-founder Sam Bankman-Fried (SBF) are exploring avenues to secure a presidential pardon for their son from Donald Trump, according to Bloomberg. A source told the publication that Stanford professors Joseph Bankman and Barbara Fried have recently met with lawyers and individuals allegedly close to Trump’s team to assess the prospects of […]
Sam Bankman-Fried’s Prison Transfer and Do Kwon’s Extradition Dilemma
Sam Bankman-Fried, the founder of the collapsed FTX exchange sentenced to 25 years, is being moved to a new prison in California, according to The Wall Street Journal, citing sources. Federal authorities initiated the transfer of inmates from the Brooklyn prison early on May 22, a representative for SBF stated. The spokesperson “could not confirm” […]
Sam Bankman-Fried Discusses Life in Prison: Rice Trading and Offline Tablets
Sentenced to 25 years in prison, FTX founder Sam Bankman-Fried (SBF) told Puck News that he is doing well at the Brooklyn Metropolitan Detention Center (MDC). While awaiting the review of his appeal in July, the entrepreneur has taken up rice trading. According to him, there are far more opportunities for arbitrage in prison compared […]Effective Ventures Lists Historic Oxfordshire Mansion for Sale
The organization linked to FTX, Effective Ventures, has put the iconic British property Wytham Abbey on the market for £15 million ($18.75 million), according to Bloomberg. Better known as the “Oxford Castle of Effective Altruism,” the 27,000-square-foot estate boasts 27 bedrooms and 18 bathrooms, situated on 23 acres of land three miles west of Oxford. […]
Bankman-Fried to Assist in Pursuit of FTX Promoters
Sentenced to 25 years in prison, FTX founder Sam Bankman-Fried (SBF) has signed a settlement agreement with a group of the exchange’s clients to aid in the pursuit of the company’s celebrity promoters. In return, the affected investors will withdraw their class-action lawsuit against SBF. The document has yet to be approved by the court. […]
Sam Bankman-Fried Appeals His Sentence
Lawyers for former FTX head Sam Bankman-Fried (SBF) have filed an appeal against the court’s decision that sentenced him to 25 years in prison. The motion states that SBF intends to contest all seven charges of money laundering, fraud, and conspiracy. The court also ordered Bankman-Fried to pay a fine of $11 billion. The notice […]
US Government Accused of Aiding FTX by Lawyer
John Deaton, founder of Deaton Law Firm, has accused the US authorities of overlooking certain illegal activities by the exchange FTX and its founder Sam Bankman-Fried (SBF). @SBF_FTX now claims that he wasn’t aware stealing money from customers and using it for political donations was illegal. ? During his fraud trial, evidence was presented that […]We use cookies to improve the quality of our service.
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