FTX's Sam Bankman-Fried 'incriminated' himself: Johnson – Fox Business

FTX's Sam Bankman-Fried 'incriminated' himself: Johnson – Fox Business

FTX’s Sam Bankman-Fried ‘incriminated’ himself: Johnson  Fox Business New York Times blasted for promoting ‘lingering sympathy’ for Sam Bankman-Fried by Bahamians: ‘Bizarre’  Fox News How Elon Musk, Billy Markus Reacted To NYT Report On ‘Sympathy For Sam Bankman-Fried’ In The Bahamas – Dogecoin (DOGE/USD)  Benzinga Crypto Twitter Reacts to NYT Article About Sam Bankman-Fried  CoinDesk Sam Bankman-Fried Still NYT … Read more

Sam Bankman-Fried met with ‘Big Short’ author Michael Lewis

Sam Bankman-Fried met with ‘Big Short’ author Michael Lewis

Disgraced FTX boss Sam Bankman-Fried already appears to be turning his crypto saga into a blockbuster, with the help of a top writer who penned Hollywood hit “The Big Short.” Currently holed up at his parents’ home at Stanford University after being released on $250 million bail last week following being slapped with federal charges … Read more

Elon Musk lost the most money of all America’s billionaires in 2022

Elon Musk lost the most money of all America’s billionaires in 2022

Billionaires have had a bad year. Globally, the world’s billionaires lost nearly $2 trillion, combined, in 2022, according to Forbes. The United States’ billionaires lost $660 billion collectively, the highest of any country by Forbes’s count, as tech stock prices took a nosedive fueled by rising interest rates, soaring inflation and a worsening economy. Of America’s … Read more

Emails Show Ex-Regulators Helped SBF Get Ins With the CFTC

Emails Show Ex-Regulators Helped SBF Get Ins With the CFTC

Sam Bankman-Fried left a bail hearing Dec. 22 as part federal fraud charges for his role as head of failed crypto Exchange FTX. The SEC and CFTC have both dropped further complaints against the crypto founder, though there are strong connections between both agencies and former FTX execs.Photo: David Dee Delgado (Getty Images) While two … Read more

Workers install security cams outside Sam Bankman-Fried’s family home

Workers install security cams outside Sam Bankman-Fried’s family home

Workers were spotted installing security cameras outside the $4 million California home where disgraced FTX founder Sam Bankman-Fried is staying while on house arrest. The workers put up the cameras surrounding Bankman-Fried’s parents’ home on the edge of Stanford University’s campus in Palo Alto on Monday. The fallen crypto king was granted permission in Manhattan … Read more

Business partners turn on Sam Bankman-Fried

Business partners turn on Sam Bankman-Fried

New York CNN  —  The stunning collapse of one of crypto’s most prominent firms has quickly morphed into a legal battle pitting former executives and ex-romantic partners against one another. Last week, as FTX founder Sam Bankman-Fried was being extradited to the United States from the Bahamas, two of his former business partners pleaded guilty … Read more

These Crypto Founders And Bitcoin Moguls Lost $116 Billion In 2022

These Crypto Founders And Bitcoin Moguls Lost $116 Billion In 2022

Bloomberg (3) The embattled cryptocurrency industry and its wealthy pioneers face a moment of reckoning after the collapse of crypto exchange FTX and hedge fund Alameda Research In January 2022, Sam Bankman-Fried was riding high. His Bahamas-based FTX had just raised $400 million from prominent venture capitalists at a $32 billion valuation. A few weeks … Read more

Judge Ronnie Abrams recuses self from Sam Bankman-Fried case

Judge Ronnie Abrams recuses self from Sam Bankman-Fried case

The federal judge slated to oversee FTX founder Sam Bankman Fried’s case has recused herself because her husband’s law firm advised the bankrupt cryptocurrency exchange. Ronnie Abrams, a district judge for the Southern District of New York, said in a court order on Friday that the law firm of Davis Polk and Wardwell LLP — … Read more

Caroline Ellison ‘knew’ Sam Bankman-Fried’s alleged fraud ‘was wrong’

Caroline Ellison ‘knew’ Sam Bankman-Fried’s alleged fraud ‘was wrong’

Sam Bankman-Fried’s ex-girlfriend stunningly confessed during a secret court proceeding that she knew “it was wrong” to take part in his alleged fraud scheme, according to a transcript made public Friday. “I am truly sorry for what I did,” Caroline Ellison said. “I knew that it was wrong.” Ellison, 28, pleaded guilty Monday to federal … Read more

Caroline Ellison Apologizes for Misconduct in FTX Collapse

Caroline Ellison Apologizes for Misconduct in FTX Collapse

Caroline Ellison, a close associate of FTX founder Sam Bankman-Fried, apologized in court this week as she pleaded guilty to fraud and other offenses, telling a judge that she and others conspired to steal billions of dollars from customers of the doomed crypto exchange while misleading investors and lenders. “I am truly sorry for what … Read more