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New Report: Sam Bankman Fried’s Empire Began to Crumble Long Before the Crypto Crash – Here’s What Happened
3.1.2023
The crypto empire controlled by disgraced FTX founder Sam Bankman-Fried was fragile for years, with cracks starting to show up already in 2022, a new report has suggested.
According to the report, published by the Wall Street Journal on New Year’s Eve, Bankman-Fried’s crypto trading firm Alameda...
Last Of Us Showrunner Says Original Game Is ‘The Greatest Story Ever Told In Video Games’
19.12.2022
In a recent interview, The Last of Us showrunner Craig Mazin said that the original game contained the “greatest story ever told” in the history of video games. Not only is this statement silly, but it also continues this weird pattern of people trying to rewrite history to make Naughty Dog’s...
Empire of the Bored Apes
5.12.2022
Yuga Labs has grown beyond the wild success of its Bored Ape Yacht Club collection to become an NFT powerhouse with a $4 billion valuation and big plans in the metaverse. That’s why Wylie Aronow, Greg Solano and Nicole Muniz are three of CoinDesk’s Most Influential 2022
Blockchain Pilgrimage: Regulating Crypto ‘Should Be Combined With Education’ Says Top Wadzpay Executive
29.11.2022
The collapse of Do Kwon’s Terra empire in May, and Sam Bankman-Fried’s FTX in early November 2022, will be remembered as two incidents that put the crypto industry on the back foot. It is now widely expected that regulators around the world will use the two incidents to justify...
Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’
23.11.2022
On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan Cromwell with limited information. Bromley further...
Sam Bankman-Fried's Crumbling FTX Empire Holds $1.2B Cash Reserves
22.11.2022
The bankrupt crypto exchange FTX owes around $3.1 billion to its top 50 creditors
First Mover Americas: FTX’s Empire Is Crumbling
11.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 11, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – And Dated. Other Employees Have Lots of Questions
10.11.2022
“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on the condition of anonymity
US Regulators Already Looking into FTX Empire, where is Sam Bankman-Fried?
10.11.2022
The collapse of FTX is already attracting the attention of US regulators, who are now reportedly looking into whether the firm mishandled customer funds. The investigation is starting as people in the community are beginning to wonder where CEO Sam Bankman-Fried is....
Read More: US Regulators...
The Collapse of the FTX Empire
9.11.2022
Hello folks. It is election day in the U.S., and that was going to be my main focus today, up until about 11:05 a.m. ET anyway. That’s the point when Sam Bankman-Fried announced that his company FTX would enter a “transaction” with Binance, which Binance CEO Changpeng Zhao later clarified was...
Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet
2.11.2022
Alameda had $14.6 billion of assets as of June 30, according to a private document CoinDesk reviewed. Much of it is the FTT token issued by FTX, another Bankman-Fried company
Amouranth Can't Be Your Girlfriend, She's Building An Empire Beyond Twitch
1.9.2022
“This video may be inappropriate for some users,” YouTube warns me after I select a video posted by 28-year-old Texan Kaitlyn Siragusa, who is better known online as the hot tub tsarina of Twitch, Amouranth. Read more
Analyst Says if Silver Dips Below $18, Precious Metal Could ‘Get Absolutely Smoked’ — Morgan Report Founder Expects a Supply Crunch
21.8.2022
While gold’s been teetering along at just under $1,750 per ounce, the price of silver has dropped considerably, sliding 2.33% in value against the U.S. dollar during the last 24 hours. Silver has lost more than 28% against the dollar during the last 165 days or since March 8, 2022. Despite...
Report: Tencent Wants To Expand Its Empire By Becoming Ubisoft’s Biggest Shareholder
4.8.2022
Tencent appears to be doubling down on its investment in Ubisoft. While it already owns 5 percent of the Assassin’s Creed publisher, Reuters now reports the Chinese mega-conglomerate with huge investments throughout the gaming industry has its sights set on becoming Ubisoft’s single biggest...
Zuckerberg Braces for Battle with Apple over Metaverse as Regulator Warns about Meta’s 'Virtual Empire'
28.7.2022
Facebook’s parent company Meta and tech giant Apple are locked in a “very deep, philosophical competition” to build the metaverse, with each business trying to determine “what direction the internet should go in,” the social media platform’s founder and CEO Mark Zuckerberg reportedly said....
Canceled Scarface 2 Game Footage Leaks On YouTube
24.6.2022
Remember in 2006 when we got a Scarface game set after the ending of the classic ‘80s gangster flick? It was a weird setup, but the end result was a slightly clunky, yet kind of fun GTA-like open-world game. Apparently it did well enough that a sequel began development, but it was never finished....
V pátek mine Zemi potenciálně nebezpečná planetka: Je čtyřikrát větší než Empire State Building
25.5.2022
V pátek má Zemi minout potenciálně nebezpečná planetka – podle NASA jde o největší vesmírný objekt, který se k naší planetě letos přiblíží
Can You Really Build a ‘Crypto Empire’ in the Empire State?
10.5.2022
Can you really build a crypto empire in New York? New York City Mayor Eric Adams wants to lure crypto companies to the Big Apple – but there are a host of obstacles in his way
Far-Right Dev's Kyle Rittenhouse Steam Shooter Isn't 'Edgy,' It's Embarrassing
9.5.2022
Why can’t far-right provocateurs just be good at anything? Acquitted, an action-shooter game by first-time developers, Nordic Empire Games, is intended to be a provocative celebration of the acquittal of teenager Kyle Rittenhouse. Instead, it’s a very poorly made zombie shooter, without even...
Marc Andreessen may step down from Meta board due to crypto empire: Reports
25.3.2022
The billionaire investor may be stepping down from Meta’s board along with Peter Thiel due to concurrent investments in Web3 that conflict with Meta’s interests