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Crypto Markets Today: Bitcoin Tops $19K, Blockchain.com Cuts Jobs, Sam Bankman-Fried Blogs
12.1.2023
ALSO: Bitcoin had its best day in two months after the Consumer Price Index (CPI) report shows inflation slowdown, extending this week’s digital-asset rally
FTX Donations to Early Covid-19 Researchers Raise Questions of Propaganda Tied to Pandemic Prevention
12.1.2023
While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated millions of dollars to early Covid-19 researchers. The research was reportedly used to cast doubt on specific treatments, such as the use of ivermectin...
Sam Bankman-Fried Blogs Like a Crypto Robin Hood, but in Court He's Not So Charitable
12.1.2023
The FTX founder’s claimed largesse about giving his funds away contrasts with a legal battle to keep control of $450 million in shares – that were paid for a loan from Bankman-Fried’s Alameda Research
Like son, like father as Joseph Bankman retains attorney: Report
12.1.2023
Sam Bankman-Fried’s father reportedly advised his son on matters related to lobbying lawmakers in Washington D.C. and may now be cooperating with prosecutors
Bankman-Fried Continues to Blame Binance for the Collapse of His Crypto Empire
12.1.2023
Former FTX CEO Sam Bankman-Fried has released an extensive Substack article talking about how his crypto empire collapsed, once again putting the blame on rival crypto exchange Binance. ...
Read More: Bankman-Fried Continues to Blame Binance for the Collapse of His Crypto Empire
Congress may be ‘ungovernable,’ but US could see crypto legislation in 2023
12.1.2023
Bipartisan support for cryptocurrencies exists on both sides of the aisle and in both chambers, but extreme elements could still thwart legislation
Sam Bankman-Fried: 'I didn’t steal funds, and I certainly didn’t stash billions away.'
12.1.2023
The former FTX leader denied any involvement In regards to the allegations Alameda had used FTX customer funds, and said he was pressured into naming John Ray as CEO
Sam Bankman-Fried Denies Stealing FTX Funds in New Online Post
12.1.2023
The former FTX CEO ascribed the exchange's collapse to a targeted attack by Binance, Alameda’s poor hedging and the crypto market meltdown
FTX Says it Has Secured Assets Worth $5 Billion in First Ray of Light for Creditors
12.1.2023
Bankrupt crypto exchange FTX has recovered over $5 billion in cash and liquid assets that may be used to repay creditors, a lawyer of the platform has said during a bankruptcy court hearing.
On Wednesday, FTX attorney Andrew G. Dietderich said in federal court in Wilmington, Delaware that they...
From Bernie Madoff to Bankman-Fried: Bitcoin maximalists have been validated
12.1.2023
The parallels between Sam Bankman-Fried and Bernie Madoff are ample. On the bright side, both men highlighted the fact that Bitcoin maximalists are immune to Ponzi schemes
Miami-Dade gains right to remove FTX name from Heat arena
11.1.2023
County officials negotiated with the crypto exchange in 2021 to name Miami Heat's arena FTX Arena until 2040, for $135 million
FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges
11.1.2023
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that...
Did Sam Bankman-Fried in Effect Pay VC Firms Like Paradigm to Invest in FTX in a Circular Funding Arrangement?
11.1.2023
New revelations indicate that there were some close links between Sam Bankman-Fried, the disgraced founder of collapsed cryptocurrency exchange FTX, and some of his major backers.
According to a new report by the Financial Times, Bankman-Fried invested $20 million in a fund managed by crypto...
FTX former lead engineer in talks with federal prosecutors in Bankman-Fried case
10.1.2023
A third former FTX-linked executive is reportedly considering providing evidence against Sam Bankman-Fried in an attempt for a more lenient sentence
FTX subsidiaries on auction block including LedgerX attract 117 interested buyers
10.1.2023
Four businesses up for sale as part of bankruptcy proceedings include Embed, LedgerX, FTX Japan and FTX Europe
FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents
9.1.2023
Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spent by the FTX team in 2022 on living accommodations, hotels, food, and flights. Moreover...
The DOJ Seizes $500M of Robinhood Shares Tied to Bankman-Fried
9.1.2023
The US Department of Justice has retained control of the contested 56 million shares of Robinhood, a popular financial trading app, worth approximately $500 million.
In a January 6 court filing, the DOJ notified the court handling the bankruptcy of BlockFi that it has seized 55,273,469 shares...
FTX spent $40M on food, flights, and hotels in just 9 months: Court filings
9.1.2023
FTX did not hold back on company expenses in the Bahamas, according to court documents
SBF Fights for Robinhood Shares — Says He Needs Them More Than FTX Customers Who Only Suffer ‘Possibility of Economic Loss’
9.1.2023
Disgraced FTX founder Sam Bankman-Fried (SBF) is attempting to regain access to his Robinhood shares, worth over $460 million. The former CEO of the collapsed crypto exchange claimed that he needs them to “pay for his criminal defense,” stressing that without them the consequences would...
DOJ Asks Victims of Sam Bankman-Fried’s Fraud to Come Forward
8.1.2023
The U.S. Department of Justice (DOJ) has asked victims of former FTX CEO Sam Bankman-Fried (SBF)’s fraud to come forward. The former FTX executive has been charged with “defrauding customers of FTX.com, investors in FTX.com, and lenders to Alameda Research,” the Justice Department...