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Nalezeno "SAM": 2203

US Senators Rebuke Sam Bankman-Fried for Refusing Invitations to Testify

12.12.2022
Former FTX CEO Sam Bankman-Friend has rebuffed attempts from the top members of the Senate Banking Committee to get him to testify, despite a willingness to participate in several other interviews and a similar hearing in the House of Representatives

Fugitive Do Kwon Now Staying in Serbia Report Says — Terraform Labs CEO Suggests SBF Is to Blame for UST Depeg

12.12.2022
A new report has claimed that Do Kwon, the fugitive CEO of Terraform Labs, is currently staying in Serbia. The report added that the South Korean government has engaged the Serbian government regarding the matter. Meanwhile, Kwon has accused Sam Bankman-Fried and Alameda Research of orchestrating...

FTX was an 'utter failure of corporate controls at every level of an organization', says CEO

12.12.2022
Countering some of SBF's claims, John Ray said that “FTX US was not operated independently of FTX.com” and a Chapter 11 filing was necessary to avoid a bank run

SBF misses the Senate hearing but promises to testify to the House: Law Decoded

12.12.2022
Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13

Sam Bankman-Fried says he will testify before the US House Financial Services Committee remotely

12.12.2022
The former CEO previously missed the deadline to confirm his appearance before the Senate Banking Committee, despite the threat of a subpoena

Sam Bankman-Fried Wants to Start a New Business to Pay Back Victims of FTX Collapse – This is What You Need to Know

12.12.2022
Sam Bankman-Fried, founder and former CEO of the now-bankrupt crypto exchange FTX, has said that he hopes to start a new business and earn enough money to pay back victims of the collapse. Speaking from the Bahamas, the disgraced crypto boss acknowledged that he was "not nearly as competent as...

US Senator: There's 'no reason why' crypto should exist

12.12.2022
Senator Tester is one of many Democratic senators slamming crypto of late, arguing that as the sector is backed by nothing, and provides nothing, thus there's “no reason” why it should exist

SBF wants to start a new business, officially added as hearing witness

12.12.2022
With FTX creditors numbering over one million and owed up to $50 billion, FTX’s old CEO said he’s interested in starting a business to repay them all

Report: Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’

11.12.2022
According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablecoins.” Purportedly, high-up executives from crypto exchanges are members of...

Former top SEC crypto regulator hired by Caroline Ellison

11.12.2022
Ex-Alameda Research head will be represented by Stephanie Avakian and a team of attorneys from WilmerHale

FTX Insider Reveals New Document, Musk Catches Flak for SBF Comments, Nobel Prize Laureate Krugman Warns of Eternal Winter for Blockchain — Week in Review

11.12.2022
It’s been another wild week in crypto, with a claimed FTX insider revealing a controversial document related to former Alameda Research CEO Caroline Ellison’s account at FTX. In related news, Elon Musk has been criticized for suggesting that former FTX CEO Sam Bankman-Fried (SBF)...

Sam Bankman-Fried’s parents no longer on the Stanford Law School roster

11.12.2022
Joseph Bankman and Barbara Fried have started facing professional consequences for their child Sam Bankman-Fried's illegal actions

FTX Co-Founder Sam Bankman-Fried Agrees to Testify Before US Congress

10.12.2022
The co-founder of collapsed crypto exchange FTX, Sam Bankman-Fried (SBF), has agreed to testify at one of the two congressional hearings set for next week. “I had thought of myself as a model CEO, who wouldn’t become lazy or disconnected,” Bankman-Fried claimed. Sam Bankman-Fried...

Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme

10.12.2022
Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed...

Sam Bankman-Fried Finally Agrees to Testify Before House Committee Next Week – This is What Happened

10.12.2022
Sam Bankman-Fried, founder and former CEO of FTX, has eventually agreed to participate in the upcoming U.S. House committee’s hearing and testify on the collapse of his crypto empire. In a Friday tweet, Bankman-Fried said he still does not have access to much data regarding his crypto empire...

Class Action Lawsuit Against FTX’s Celebrity Promoters and Sam Bankman-Fried Is Quietly Dropped

10.12.2022
A class action lawsuit filed against former FTX CEO Sam Bankman-Fried and a host of paid celebrity promoters for the now-defunct crypto exchange has been dropped

Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda

9.12.2022
On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block...