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Nalezeno "SAM": 2180

Joe Bankman’s Legal Troubles: Fallout from Son’s FTX Conviction

14.11.2023
Source: Pexels Though disgraced FTX boss Sam Bankman-Fried (SBF) has already lost in court, the crypto mogul’s law professor parents – Joe Bankman and Barbara Fried – may also face charges for abetting their son’s megalithic fraud. The former played a pivotal role in advising his son during...

Mediation to begin in FTX, BlockFi Case, Judge Rules

14.11.2023
In a court filing on November 13th, U.S. bankruptcy judge Michael Kaplan ended an automatic stay on proceedings between bankrupt crypto companies FTX and BlockFi, paving the way for mediation in their claims settlement. BlockFi’s forced bankruptcy FTX founder, Sam Bankman-Fried, was found...

FTX, BlockFi claims settlement allowed to proceed, judge declares

14.11.2023
A U.S. bankruptcy court judge has ordered the end of an automatic holding placed on claims settlement proceedings between the two bankrupt crypto companies FTX and BlockFi

The Tax Implications of Sam Bankman-Fried’s Conviction

13.11.2023
The end of the trial provides some clarity for FTX customers as to how the company’s bankruptcy might affect their taxes. But how the IRS might act in the context of illegal activity is unclear

Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan

13.11.2023
Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million

Former FTX Executives Collaborate on New Dubai-Based Crypto Exchange – Here’s the Latest

13.11.2023
Image Source: Pixabay A group of former FTX executives have joined forces to establish a new crypto trading platform based in Dubai. Led by Can Sun, the former general counsel of FTX, the startup is called Trek Labs and received a license from Dubai’s crypto regulator last month, according...

THORChain’s 7-Day Trading Volume Hits $1.32 Billion, Third to Uniswap and PancakeSwap

13.11.2023
Source / Sam Cooling THORChain, a decentralized crypto trading protocol capable of cross-chain swaps, has become the third-largest decentralized exchange (DEX) in terms of trading volume over the past seven days. Over the past week, THORChain recorded a trading volume of $1.32 billion, third...

FTX Bankruptcy Team Sues Crypto Exchange Bybit for $1 Billion – What’s Going On?

12.11.2023
Source: Adobe / Ascannio FTX’s bankruptcy advisers have filed a lawsuit against crypto exchange Bybit Fintech and its two affiliated companies. The lawsuit aims to recover approximately $953 million worth of cash and digital assets that were withdrawn from Sam Bankman-Fried‘s...

We've Seen the FTX Collapse Before

10.11.2023

“Sam Coins” Rally Ahead of Potential March Trial, FTX Reboot

10.11.2023
Source: a video screenshot, ABC News / YouTube A number of altcoins bankrolled by recently convicted FTX founder, Sam Bankman-Fried, appropriately dubbed “Sam coins,” have continued to rally this week ahead of his potential March trial. With FTT up 200%, altcoins such as serum, maps,...

Elon slings AI-generated insults at GPT-4 after OpenAI’s CEO mocks Grok

10.11.2023
Sam Altman posted a meme on X accusing Grok of being a GPT designed to make grandpa jokes. Musk may have proved the OpenAI CEO’s point with his clap back

Solana Tokens Sees Risky Bets Increase After End of Sam Bankman-Fried Trial

9.11.2023
Bonk took center stage in the Solana ecosystem in January as sentiment around the blockchain network took a hit in the aftermath of the Sam Bankman-Fried and FTX exchange debacle

SBF Trial: The Last Day of Summer Camp

9.11.2023
We weren't really sure if it was the last day or not. The jury determining Sam Bankman-Fried's fate had begun deliberating the charges just a few hours before, after Judge Lewis Kaplan had spent much of the morning and some time after lunch reading out a 60-page charging document. Surely a case...

Gary Gensler: Crypto Frauds Extend Beyond a Single Case

9.11.2023
Image Source: CNBC Gary Gensler, Chair of the Securities and Exchange Commission (SEC), has issued a warning about the prevalence of fraud in crypto, stating that there are multiple “notorious fraudsters” operating in the space. Gensler’s comments come on the heels of the criminal...

Starfield’s Player Character Was Almost Voiced By These Companions

8.11.2023
I love a “what could’ve been” story. Today’s concerns Starfield’s silent galactic problem solver of a protagonist and how they could’ve been voiced by at least two actors who now play other prominent roles in the game.Read more

Grand Theft Auto VI Trailer Reveal Everyone's Waiting For Officially Happening In December

8.11.2023
Possibly the most anticipated video game reveal ever is just weeks away. Rockstar Games president Sam Houser confirmed Grand Theft Auto VI will get its big trailer reveal in December, showcasing the next game in the hit open world series after massive hacks, insider reports, and years of rampant...

Convicted Sam Bankman-Fried’s Legal Battles Rage On Amidst SEC, CFTC Charges, and Class Action Fury

8.11.2023
Sam Bankman-Fried was convicted on all charges in the Department of Justice’s fraud case against the ex-FTX chief, but his legal woes are far from over. He is also under pressure from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which have...