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Stanford University to Return Millions in Gifts Linked to FTX amid Controversy

The move comes shortly after the beleaguered crypto exchange FTX filed a lawsuit against the parents of its founder, Joseph Bankman and Barbara Fried, both distinguished professors at Stanford Law School. Stanford University has decided to return millions of dollars in gifts it received from the now-bankrupt crypto exchange FTX following

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Stanford to return millions in crypto donations from FTX

The California-based university Stanford University said it plans to return all funds it received from the now defunct cryptocurrency exchange FTX, according to a report from Bloomberg. Stanford received a total of $5.5 million in gifts from FTX-related entities in the timespan between November 2021 and May 2022. In an email

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Stanford University, Home of Sam Bankman-Fried’s Professor Parents, Will Return ‘Gifts’ Donated by FTX: Report

“We have been in discussions with attorneys for the FTX debtors to recover these gifts and we will be returning the funds in their entirety,” a Stanford University spokesperson said, according to Bloomberg. “Stanford received gifts from the FTX Foundation and FTX-related companies largely for pandemic-related prevention and research.” Source

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Stanford Alumni Revealed as Co-Signers of FTX Co-Founder’s $250M Bond – Bitcoin News

According to the latest court documents in the fraud case involving former FTX CEO Sam Bankman-Fried in Manhattan, the New York judge presiding over the case unsealed the co-signers of Bankman-Fried’s bond on Wednesday. The names of the two bail bond co-signers that were previously redacted from court documents are

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

The domino effect of FTX CEO Sam Bankman-Fried’s actions came full circle as his reputation began impacting the professional lives of his parents — Stanford Law professors Joseph Bankman and Barbara Fried. SBF’s father, Bankman, had to cancel his winter session course on tax policy, which according to The Standford Daily,

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Stanford Proposal for Reversible Ethereum Transactions Divides Crypto Community

Regarding criticism around corruptible judges, Daniel Goldman, an engineer at Ethereum scaling company Offchain Labs, noted, “Those outcrying against this seem unaware of how many widely used ERC-20 tokens today have centralized admins with *complete* power to arbitrarily rug its holders (mint, burn, freeze, etc.) and get little-to-no pushback for

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Cardano Builder IOG Funds $4.5M Blockchain Research Hub at Stanford University

IOG has been collaborating with Stanford for some time, said Tim Harrison, vice president of Community and Ecosystem at IOG. “Before the research hub, we previously donated $500,000 to fund their research into blockchain scalability. As one of the world’s leading academic institutions, Stanford is an ideal location for the

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US Personal Consumption Expenditures Tap Record Highs, Stanford Economist Says Fed Should Increase Rates Above 9% – Economics Bitcoin News

On July 29, the U.S. Bureau of Economic Analysis reported on America’s personal consumption expenditures (PCE) price index for the month of June, and the figure saw the largest 12-month increase since 1982. On the same day, Stanford University’s senior fellow at the Hoover Institution and professor of economics, John

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