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Stanford University Vows to Return $5.5M FTX Donations; Funds Initially Allocated for Pandemic Prevention
20.9.2023
In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in gifts to Stanford traces back to the FTX empire....
The Sam Bankman-Fried Trial Is a Family Affair
20.9.2023
Breaking Down the Infamous Alameda Balance Sheet
20.9.2023
The infamous balance sheet of Sam Bankman-Fried’s trading firm, Alameda Research, served as the basis for a Nov. 2, 2022, story by CoinDesk’s Ian Allison. The article raised questions about how sturdy the company’s financial underpinnings were – and, by extension, how safe Bankman-Fried’s...
Stanford University to Return $5.5 Million Worth Gifts Received From Bankrupt FTX
20.9.2023
Stanford University is in talks with the attorneys for the beleaguered FTX to return the “entirety” of gifts that it received from the bankrupt crypto exchange and related entities.
The move comes after a lawsuit against the parents of its founder and former CEO, Sam Bankman-Fried, who allegedly...
Stanford to return millions in crypto donations from FTX
20.9.2023
The university said it intends to return the “entirety” of funds received from former cryptocurrency exchange FTX, which it claims were mainly for pandemic-related prevention and research
Stanford University Will Return 'Gifts' Donated by FTX: Report
20.9.2023
Stanford University will be returning "gifts" it received from FTX, allegedly orchestrated by Sam Bankman-Fried's parents, according to a Bloomberg report
Sam Bankman-Fried's father dragged his mother into an FTX US salary dispute
19.9.2023
A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son or FTX US satisfied concerns around his $200,000 annual salary
The ‘Family Business’ — FTX Founder’s Parents Accused of Siphoning Millions From Bankrupt Exchange
19.9.2023
The parents of disgraced FTX founder Sam Bankman-Fried are being accused of misappropriating millions in customer funds from the now-bankrupt cryptocurrency exchange. The attorneys for Joseph Bankman and Barbara Fried firmly assert that the allegations are “completely false.”...
Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved
19.9.2023
The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus
Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report
19.9.2023
A panel of three judges at the 2nd U.S. Circuit Court of Appeals in New York reportedly will consider requests from Sam Bankman-Fried’s lawyers for early release from jail
The SBF Trial: How Did We Get Here?
19.9.2023
Sam Bankman-Fried stands accused of committing wire fraud and conspiracy to commit several other types of frauds. His once-mighty crypto exchange, FTX, collapsed in dramatic fashion nearly a year ago, shedding billions in value. And in two weeks, he’ll begin his effort to convince a jury of...
FTX founder’s parents sued, accused of stealing millions from crypto exchange
19.9.2023
According to the allegations, Sam Bankman-Fried’s father Joseph Bankman was a “de facto officer” at the FTX Group
FTX Sues Sam Bankman-Fried’s Parents to Recover Millions in Misappropriated Funds
19.9.2023
Bankrupt crypto exchange FTX has taken legal action against the parents of its founder and former CEO, Sam Bankman-Fried, accusing them of being involved in fraudulent activities.
The lawsuit, filed on Monday, seeks to recover "millions of dollars in fraudulently transferred and misappropriated...
FTX Bankruptcy Estate Sues Sam Bankman-Fried's Parents, Joseph and Barbara, to Claw Back 'Misappropriated Funds'
19.9.2023
Allan Joseph Bankman and Barabara Fried, the parents of Sam Bankman-Fried, have been sued by the FTX bankruptcy estate
Leaked Writings Reveal Sam Bankman-Fried's Struggles Post-FTX Collapse
18.9.2023
Sam Bankman-Fried, the former CEO of crypto exchange FTX, has expressed his deep frustration and regret over the situation he finds himself in in a leaked 250-page manuscript.
In the writings, said to be leaked to crypto influencer Tiffany Fong and later shared with the New York Times...
NFL Star Trevor Lawrence and Two Other Celebrities Settle FTX Lawsuit
18.9.2023
Three high-profile figures, including NFL quarterback Trevor Lawrence and popular YouTubers Kevin Paffrath and Tom Nash, have chosen to settle a lawsuit relating to their promotional activities for the now-defunct cryptocurrency exchange FTX.
While the exact terms of the settlements have not been...
FTX Claims Portal Back in Action After Cybersecurity Incident in August
17.9.2023
FTX has reopened its customer claims portal, unfreezing user accounts that were affected by a cybersecurity incident in August.
In a recent statement, FTX clarified that the freezing of customer accounts was a precautionary measure and emphasized that additional security measures have been...
Jury Selection Controversy: Prosecutors Criticize ADHD, Effective Altruism Voir Dire Questions in Bankman-Fried Trial
16.9.2023
Sam Bankman-Fried’s legal team and federal prosecutors are clashing over what can be asked of potential jurors before his trial begins next month. The defense and prosecution submitted dueling proposed questions on Thursday, with each side accusing the other of trying to inappropriately sway...
Department of Justice: Sam Bankman-Fried's Proposed Jury Questions Raise Concerns
16.9.2023
The US Department of Justice has expressed concerns over the proposed jury questions put forth by Sam Bankman-Fried, suggesting that they may be unnecessarily intrusive and potentially intended to support his defense.
In a letter addressed to Judge Lewis Kaplan of the Southern District of...
Bankman-Fried’s House Arrest Writings Reveal Inner Turmoil, Blame Game in FTX Collapse
16.9.2023
According to more than 250 documents sent to the media, the disgraced co-founder of FTX, Sam Bankman-Fried, said he feels like “one of the most hated people in the world.” The former CEO of the now-defunct crypto exchange further noted in his statements that “there will probably never be anything...