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“Sam Bankman-Fried claims he only has $100K in bank account” Disgraced FTX founder Sam Bankman-Fried claims he has just $100,000 left in his bank account after the implosion of his cryptocurrency empire. The remarks Monday marked Bankman-Fried’s first attempt to explain his current personal wealth during intense scrutiny over his handling of FTX’s finances. The…
“FTX founder Sam Bankman-Fried ghosted legal team over bankruptcy: report” Disgraced FTX founder Sam Bankman-Fried ignored pleas from company attorneys and advisers urging him to file for bankruptcy “for days” before the cryptocurrency platform imploded, according to a report Tuesday. FTX general counsel Ryne Miller was one of several people who begged Bankman-Fried and other…
“Bob Iger says Disney hiring freeze to remain, talks Apple rumors” Disney CEO Bob Iger told employees Monday that he won’t lift the company’s hiring freeze as he examines costs — and sought to throw cold water on rumors about a possible merger with Apple. Iger, who last week replaced his one-time successor Bob Chapek…
“Bahamas shreds FTX CEO John Ray: ‘extremely regrettable’ accusations” A top government official in the Bahamas slammed new FTX CEO John Ray III for his “extremely regrettable” claims in the heated bankruptcy battle over the imploded crypto company. Bahamas Attorney General Ryan Pinder took aim at Ray after the executive accused the Caribbean country of…
“Sam Bankman-Fried ran FTX like ‘personal fiefdom’ as firm spent $300M on luxury real estate” Sam Bankman-Fried treated FTX like a “personal fiefdom,” as he and a handful of associates looted the now-defunct crypto exchange’s coffers to fund an epic spending spree that included a $300 million splurge on Bahamas real estate, lawyers for the…
“Meta stock climbs on ‘false’ report Mark Zuckerberg planned to resign as CEO” Meta shares jumped 1% Tuesday on an apparently false report that top boss Mark Zuckerberg was planning to step down as CEO in 2023. The report — which was quickly denied by Meta — came as Zuckerberg faces mounting pressure from furious…
“Elon Musk blasts Nine Inch Nails’ Trent Reznor as a ‘crybaby’ for deleting Twitter account” Elon Musk blasted “Nine Inch Nails” front man Trent Reznor as a “crybaby” after the rocker deactivated his Twitter account in protest of the billionaire’s overhaul of the site. Reznor joined a growing list of celebrities who have been critical…
“Disney CFO Christine McCarthy said she lacked confidence in CEO Chapek prior to his ousting” Discontent over Walt Disney’s former CEO Bob Chapek had been festering among top executives — and the exec was described as tone-deaf in a recent conference call. Disney’s CFO Christine McCarthy told investors she lacked confidence in Chapek after a…
“Disney mired in chaos as Bob Iger takes reins back from ‘novice’ CEO” Walt Disney Co. is mired in chaos amid the company’s shocking switch in leadership — with media mogul Bob Iger taking the reins back from a CEO he reportedly once branded as a “novice” for landing the Mouse House in a political…
“Bob Iger’s return as Disney CEO ‘blindsided’ Bob Chapek: sources” Bob Iger’s return as Disney CEO on Sunday night came as a complete surprise to his handpicked successor, Bob Chapek — who was in the dark about his looming exit as recently as last week, sources told The Post. Chapek was “blindsided by the move”…