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Nalezeno "Fried": 1745

Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense

18.1.2023
Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post from his Substack newsletter. SBF stated that the presentation published by litigation firm Sullivan &...

FTX fallout: SBF trial could set precedent for the crypto industry

18.1.2023
The FTX saga is set to enter its next phase in October with the start of SBF’s trial. However, industry experts are concerned that prosecutors could use him to set an example

How Social Media Influencers Fed Bankman-Fried's Cult of Personality

18.1.2023
Creators took money that was likely stolen from FTX customers to promote a Ponzi scheme. If they truly care, they should take the money they received from FTX and either return it to the bankruptcy estate or donate it all to charity

FTX: it took 'Herculean investigative effort' to identify $5.5B in liquid assets

17.1.2023
Debtors said they had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following FTX filing for Chapter 11 bankruptcy

'Ninth circle of hell' is reserved for SBF for his betrayal: Scaramucci

17.1.2023
The SkyBridge founder opened up about his trust in FTX founder Sam Bankman-Fried which was ultimately broken after the exchange collapsed

Law Decoded, Jan. 9-16: Gemini, Bithumb, Nexo are fresh targets for regulation and prosecution

16.1.2023
While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia

Will FTX Japan Depositors Really Get Their Money Back in February?

16.1.2023
The Japanese subsidiary of cryptocurrency exchange FTX is expected to resume withdrawals starting in February, according to a Japanese senior official. Mamoru Yanase, deputy director-general of the Financial Services Agency’s Strategy Development and Management Bureau, has said FTX Japan will...

Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread

15.1.2023
The former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role at FTX US, Harrison worked with SBF at Jane Street and prior to joining FTX, he worked for Citadel...

Bankman-Fried’s Lavish Lifestyle Allegedly Revealed, Cuban Warns of Wash Trade Implosion, Experts Expect Soaring Gold Prices in 2023 — Week in Review

15.1.2023
More information has come to light allegedly revealing the lavish lifestyle of FTX co-founder and “altruist” Sam Bankman-Fried, as the failed former crypto exchange CEO also fights for Robinhood shares he says he needs more than customers. In other news, Shark Tank star Mark Cuban...

Former FTX US President Brett Harrison Details fallout with SBF in ‘Disputes Over Management Practices’

15.1.2023
Brett Harrison, former president of FTX US, has revealed that he left the crypto exchange due to a deteriorating relationship with Sam Bankman-Fried and his deputies over management practices. In a long Twitter thread on Saturday, Harrison shared some details regarding his time in FTX US, the...

Alameda Research had a $65B secret line of credit with FTX: Report

14.1.2023
Sam Bankman-Fried ordered Gary Wang, FTX's co-founder, to open the alleged credit line financed by the exchange's customers

DOJ Opposes Law Firm Tasked With FTX Investigation for Conflict of Interest

14.1.2023
The US Department of Justice has opposed FTX hiring Sullivan & Cromwell, the law firm currently tasked with the exchange's investigation, citing potential conflicts of interest. In a recent legal filing, the US Trustee said it is objecting to the FTX decision due to two "overarching" reasons....

Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda

14.1.2023
The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published his first blog post on his new Substack newsletter. “All this talk about what Alameda did is misdirection,” Hayes insisted. “It doesn’t matter how they hedged...

Skybridge eyes stake buyback from FTX, as Galaxy CEO says he would like to ‘punch’ SBF

14.1.2023
Anthony Scarammuci also noted that there was "clearly fraud" in the SBF and FTX debacle, while Mike Novogratz said there’s a side of him that would like to “punch” SBF in the face

Disgraced FTX Co-Founder Awaits Trial, Passes Time Playing Video Games and Blogging on His New Substack Newsletter

13.1.2023
The former CEO of FTX, Sam Bankman-Fried (SBF), has published a Substack newsletter on Jan. 12, 2023, and the first post is titled “FTX Pre-Mortem Overview.” In the post, SBF maintains that an “extreme, quick, targeted crash precipitated by the CEO of Binance made Alameda...