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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...
FTX Creditors' Lawyers Promote Deal Giving Investors 90% of What's Left in SBF's Empire
23.10.2023
A deal was secured to pay those who had money at defunct FTX as much as 90% of the assets that remain, and now the lawyers representing some creditors are trying to get enough of those investors on board to make it happen
First Mover Americas: DOJ: SBF’s Crypto Empire Was Built on a Lie
5.10.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
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....
Colonial Slavery Board Game's Relaunch Is Hoping Third Time's The Charm
19.6.2023
The board game Puerto Rico was released in 2002, and while it by all accounts played very well, it was also a deeply colonial game that made light of the fact you were being asked to build a commercial empire large part on the back of slavery.Read more
Mysterious FTX Co-Founder Gary Wang Cooperates with Prosecutors: Inside the Failed Crypto Empire
12.4.2023
The little-known FTX co-founder Gary Wang is reportedly cooperating with prosecutors after pleading guilty to fraud in December.
The cooperation between Wang and prosecutors has been centered around his role at FTX, including his role in the operation and subsequent collapse of the major crypto...
Empire.io Casino: Bitcoin Casino (Start Your New Journey) in 2023
31.1.2023
Empire.io Casino was launched in 2020 and is an interesting option for anyone who enjoys playing with cryptocurrency. The site supports a large number of cryptocurrencies and offers you an easy way to deposit using your favorite crypto wallet and … Continued
The post Empire.io Casino: Bitcoin...
Bored Ape Flexes That $450M It Raised For Its Metaverse Empire With Poop Game
17.1.2023
I was forced to learn about the Bored Ape Yacht Club’s monkey poop game, so now you do, too. Dookey Dash is an upcoming game where you traverse a sewer system in pursuit of a treasure box key that a monkey shat out of his ass. I wish I was making this up. I really do.Read more
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
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....
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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