Sam Bankman-Fried’s Mother and Brother Not Cooperating in Financial Probe, FTX Lawyers Say
The crypto exchange wants to question its founder’s family as it seeks to locate allegedly misappropriated funds Source
Read MoreThe crypto exchange wants to question its founder’s family as it seeks to locate allegedly misappropriated funds Source
Read MoreFederal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the U.S. government seized a series of bank accounts belonging to Bankman-Fried, holding millions in cash. US Government Seizes Millions in Cash
Read MoreJames Bromley, one of the lawyers representing debtors in FTX’s bankruptcy case, has criticized social media activity against his law firm promulgated by posts from former CEO Sam Bankman-Fried.In a Jan. 20 hearing in the District of Delaware, lawyers spoke on motions dealing with potential conflicts of interest between Sullivan
Read MoreAnthony Scaramucci, the founder of Skybridge Capital, thinks failed crypto exchange FTX cannot be saved following its bankruptcy filing. Ex-FTX Boss’ Betrayal In an exclusive interview while attending the World Economic Forum in Davos, Switzerland, the founder and American entrepreneur opined that there is no way the exchange could be saved. Still, Scaramucci considers
Read MoreSam Bankman-Fried, the former CEO of the FTX crypto exchange, used his influence in the crypto industry to inflate some coins prices through a coordinated strategy with FTX’s sister company, Alameda Research, a New York Times report claimed on Jan. 18.As a way to keep FTX and the companies under
Read MoreFollowing an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post from his Substack newsletter. SBF stated that the presentation published by litigation firm Sullivan & Cromwell is “extremely misleading” and
Read MoreThe former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role at FTX US, Harrison worked with SBF at Jane Street and prior to joining FTX, he worked for
Read MoreBankman-Fried’s “FTX Pre-Mortem Overview” repeats the same ham-fisted evasions and outright lies that marked his pre-arrest public apology tour. The repetition yet again of these claims and evasions, so manifestly divorced from clear public knowledge, is a strong enough sign of some manic decoupling. But the writing itself, with its
Read More“The public’s interest in this matter cannot be overstated,” said one filing made Thursday to Judge Lewis Kaplan in the Southern District of New York on behalf of the Associated Press, Bloomberg, Financial Times, CNBC, Reuters, Dow Jones (publisher of the Wall Street Journal) and Washington Post, among others. "Mr.
Read MoreALSO: 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. Source
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