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“FTX’s Sam Bankman-Fried cashed out $300M after fundraising round last year: report” Disgraced former FTX CEO Sam Bankman-Fried reportedly gave himself a $300 million windfall last year when his then-red-hot cryptocurrency exchange secured a massive fundraising round. FTX raised $420,690,000 million from 69 different investors – both numbers clear nods to meme culture – during…
“Caroline Ellison made Forbes ’30 under 30′ list after urging her younger self to ‘be less risk-averse’: report” Disgraced FTX enabler Caroline Ellison managed to get on Forbes’ “30 under 30” list in 2021 after writing that she would advise her younger self to “be less risk-averse and believe in herself more,” according to a…
“FTX-linked Caroline Ellison was into ‘Chinese harem’ polyamory” Disgraced Alameda Research CEO Caroline Ellison penned graphic blog posts about polyamory and masochism before the implosion of her FTX-linked cryptocurrency hedge fund. Ellison — who dated FTX founder Sam Bankman-Fried — wrote candidly about her “‘foray into poly” on her now-deleted Tumblr account back in February…
“Winklevoss twins’ Gemini crypto exchange caught up in FTX meltdown” More signs of trouble have surfaced at the Winklevoss twins’ embattled cryptocurrency exchange Gemini after FTX’s sudden collapse into bankruptcy sparked fears of a sector-wide contagion. CoinDesk reported on Wednesday that Gemini had experienced a $563 million rush in customer outflows in the last 24…
“Binance CEO Changpeng Zhao slams FTX boss Sam Bankman-Fried” Binance CEO Changpeng Zhao, a key player in the dramatic collapse of rival cryptocurrency exchange FTX, called Sam Bankman-Fried a “liar” who had knowingly misappropriated customers’ money. “Sam knows that he was using the user funds to do trading for Alameda,” Zhao said, referring to FTX’s…
“New FTX CEO says crypto disaster worse than Enron” FTX’s new boss said the firm’s corporate governance under disgraced ex-CEO Sam Bankman-Fried was the worst he’s seen in his career — including his stint cleaning up the mess at Enron. FTX CEO John Ray III — an insolvency expert who steered energy firm Enron through…
“FTX boss Sam Bankman-Fried slams regulators, admits mistakes” Disgraced FTX founder Sam Bankman-Fried unleashed a tirade against regulators, called “ethics” a “dumb game we woke westerners play,” and insisted his biggest mistake was filing for bankruptcy in a wild, wide-ranging interview. “I f—ed up. Big. Multiple times,” the fallen 30-year-old cryptocurrency mogul admitted to Vox…
“Weed lobby’s dangerous wins, Brittney Griner’s harrowing ordeal and other commentary” Drug watch: Weed Lobby’s Dangerous Wins “This year’s midterm ballot measures to legalize marijuana across five different states are more evidence of the weed lobby’s advancements,” argues Mark Haskins at The Federalist. But “today, many of the arguments made by the pro-marijuana movement” —…
“Gillibrand to dump Biden megadonor Sam Bankman-Fried after FTX debacle” WASHINGTON — Sen. Kirsten Gillibrand is the latest politician to say she will offload campaign contributions from disgraced former cryptocurrency “billionaire” Sam Bankman-Fried — who poured millions into electing President Biden before his business FTX went bust last week with up to $2 billion in…
“Michael Burry cryptically says market has ‘no idea how short I am’” “The Big Short” sage Michael Burry revealed he’s up to some of his old tricks during this latest period of market upheaval. Burry, whose bet against subprime mortgages were immortalized in the 2015 film, made a cryptic reference to new short positions on…