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Nalezeno "bankman fried": 1718

The Sam Bankman-Fried Trial Is Revealing Crypto's Amateur-Hour Ways


Paradigm, BlockFi, Genesis and other companies did not have access to audited financial statements prior to investing or loaning billions to FTX, FTX.US. and Alameda Research, according to testimonies given in the trial of Sam Bankman-Fried. Rather, these investors and lenders looked at unaudited...

FTX Customers May See 90% Asset Return by Q2 2024 in Amended Proposal


Customers of the now-bankrupt cryptocurrency exchanges FTX and FTX.US are looking forward to the possibility of reclaiming more than 90% of their assets as part of an amended proposal.  This plan aims to return funds that were held by the exchange before its collapse in November of the previous...

Bankman-Fried Lawyers Claim He’s Not Getting Enough Adderall


Attorneys for FTX founder Sam Bankman-Fried say he’s having trouble focusing during his criminal trial because he’s not getting his prescribed dose of Adderall each day. In a letter to the judge Sunday, lawyers said Bankman-Fried has gone without his medication most of the day, leaving...

New Documentary Exposes the Turbulent Downfall of FTX and Sam Bankman-Fried


According to Bloomberg, the media firm plans to release an eye-opening documentary on Sam Bankman-Fried and the shocking downfall of his once-prominent exchange FTX. The film, “Ruin: Money, Ego and Deception at FTX,” is slated for an October 26 debut. It promises a deep dive into the staggering...

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