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In a highly anticipated interview at Wednesday’s Dealbook Summit, Sam Bankman-Fried expressed regret over his exchange's collapse, but clung to the narrative that it was all just a bet gone wrong. Source
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As a securities litigator for over 30 years, I have cross-examined a host of conmen and fraudsters. Most of my cases have been concentrated in the financial services field where I represented Wall Street, securities brokerage firms, commercial banks and national stock and derivatives exchanges – in other words, traditional
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On Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview was released. During the interview, SBF discussed who he thinks may have hacked FTX and he further denied he had
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Former FTX CEO Sam Bankman-Fried has been called to a Feb. 2 hearing by the Texan securities regulator as part of an investigation into whether he and FTX US have violated Texas securities laws. In a Notice of Hearing signed off by Texas State Securities Board’s (SSB’s) director of enforcement Joe
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The Texas State Securities Board has been investigating FTX US since October. Original Source
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Bankman-Fried personally donated $40 million to largely Democratic candidates, while other FTX executives, including co-CEO Ryan Salame, donated to Republicans. Some, including Sen. Kirsten Gillibrand (D-N.Y.), who received at least $16,600 from Bankman-Fried, are rushing to wash their hands of the association with the suspect donations, promising to give the
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The FTX founder said he unpaused Bahamian FTX withdrawals to “appease” local customers, and also added his lawyers to the groups of people he said can “go f-ck themselves.” Original Source
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The billionaire owner of the NBA team Dallas Mavericks and a Stark Tank star, Mark Cuban, says that if he were the former FTX CEO Sam Bankman-Fried, he would be afraid of going to jail for a long time. “I talked to the guy and thought he was smart …
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Newly-bankrupt crypto lending platform BlockFi has filed a lawsuit against Sam Bankman-Fried’s holding company Emergent Fidelity Technologies seeking his shares in Robinhood that were pledged as collateral earlier in November.The suit was filed on Nov. 28 in the United States Bankruptcy Court for the District of New Jersey just hours
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Nearly three weeks have passed since FTX founder Sam “SBF” Bankman-Fried announced that his exchange was facing a deep liquidity crisis, was unable to find a last-minute bailout, and was forced to file for Chapter 11 bankruptcy. The insolvency impacted millions of investors, leaving many portfolios completely wiped out.Bankman-Fried has
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