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Crypto lender BlockFi, which also filed for bankruptcy, alleged in a court document that it was owed the rights to the Robinhood shares due to a deal Bankman-Fried made in early November. The shares were pledged as collateral against a loan taken out by Alameda Research – the same firm
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The online community including some cryptocurrency figures has condemned the latest so-called “sympathy” article from The New York Times written about FTX founder Sam Bankman-Fried.In the Dec. 26 article published titled "In the Bahamas, a Lingering Sympathy for Sam Bankman-Fried," New York Times journalist Rob Copeland quotes local Bahamians who appeared
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The momentary arrest of former FTX CEO Sam Bankman-Fried (SBF) can be attributed to the efforts taken by the crypto community to aid investigations and track down the whereabouts of the infamous entrepreneur. While SBF eventually escaped prison time via a $250 million bail bond, the community continues to monitor
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Top crypto assets hold steady as stocks get pre-holiday bounce. Crypto Markets Today is CryptoX’s daily newsletter diving into what happened in today's crypto markets. Source
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Bankman-Fried, who was brought to the U.S. overnight by the Federal Bureau of Investigation after his extradition from the Bahamas cleared on Wednesday, arrived at the courthouse in New York to face the U.S. felony charges for the first time. The case in the U.S. District Court for the Southern
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Bahamas Attorney General Ryan Pinder announced that Sam Bankman-Fried was being extradited to the U.S. "tonight" in a Wednesday statement. Original Source
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Ira Lee Sorkin, partner at law firm Mintz & Gold, discusses why he would’ve told the disgraced CEO to “keep his mouth shut” and not speak to various media outlets after the FTX exchange filed for bankruptcy protection. Source
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After less than a week in Bahamian custody, Bankman-Fried appeared at court on Monday to ask a new magistrate judge, Judge Shaka Serville, to be extradited to the U.S. The hearing appeared to come as a surprise to both Bankman-Fried's local counsel, Jerone Roberts, and Bahamian prosecutors, and he was
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Former FTX CEO Sam Bankman-Fried, who has been in the custody of Bahamian authorities, faces extradition to the United States following a hearing.According to reports, Bankman-Fried appeared in a hearing of The Bahamas Magistrate Court on Dec. 21 — the third since his arrest — where he waived his right
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In the U.S., Bankman-Fried will face an indictment from the Southern District of New York that includes charges of money laundering and conspiracy to commit wire fraud. He will likely request bail once on U.S. soil after having been denied that in The Bahamas. Source
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