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“Uncle Sam is playing the same game as broke, disgraced crypto king” “Everyone can understand zero.” That’s likely to be the epitaph of high-flying investor — and Democratic megadonor — Sam Bankman-Fried’s crypto business, FTX. FTX invested a lot of its customers’ money in the Bankman-Fried-founded company Alameda Research. As The Maine Wire explains: “Alameda…
“How World Economic Forum, others are hiding past ties with FTX” The shocking implosion of the FTX crypto exchange has become an embarrassment for a who’s who among global elites, with some issuing mea culpas — and others apparently scrambling to hide their ties to its disgraced, 30-year-old founder Sam Bankman-Fried. Web archive sites show…
“Meet Caroline Ellison, Sam Bankman-Fried’s rumored ex-girlfriend” Caroline Ellison — the 28-year-old CEO of doomed crypto firm Alameda Research — is facing scrutiny not only over the firm’s multibillion-dollar meltdown, but also over rumors that she’s the ex-girlfriend of disgraced FTX founder Sam Bankman-Fried. Ellison and Bankman-Fried were part of “cabal of roommates” based in…
“FTX’s Sam Bankman-Fried in Bahamas after collapse” The Democratic darling whose FTX crypto currency exchange collapsed this week amid reports of up to $2 billion in missing customer funds, was spotted Saturday in the Bahamas. FTX underwent a $16 billion implosion amid reports that co-founder Sam Bankman-Fried had been funneling money to a sister trading…
Is Cryptocurrency Fraud Defeated? Despite all its obvious advantages, cryptocurrency, like everything else in principle, is not without some disadvantages. At the same time, some of these shortcomings are so critical that they impede the growth and development of cryptocurrency in all directions. The most important disadvantage of cryptocurrency is that it is an excellent…
“FTX files for bankruptcy as CEO Sam Bankman-Fried resigns” FTX filed for bankruptcy and announced the resignation of CEO Sam Bankman-Fried on Friday, marking a stunning downfall for the 30-year-old billionaire seen as one of the cryptocurrency sector’s most prominent figures. FTX.com, FTX’s US operations, and Bankman-Fried’s cryptocurrency trading firm Alameda Research are among about 130 FTX…
“Larry David ‘right’ about FTX collapse in old Super Bowl commercial” “Curb Your Enthusiasm” star Larry David’s appearance in a commercial for the embattled cryptocurrency exchange FTX is going viral Thursday – with social media users pointing out the comedian’s skeptical stance in the ad was right all along. The ad, which aired during the…
“Feds probing Sam Bankman-Fried’s crypto exchange FTX: report” Two top US financial regulators are probing whether crypto exchange FTX properly handled customers’ funds, and its relationship with other parts of Sam Bankman-Fried’s crypto empire, Bloomberg News reported on Wednesday. The Securities and Exchange Commission and the Commodity Futures Trading Commission are probing FTX’s relationship with its American counterpart FTX US and…
“Hochul delays action on 420 hot-button bills before Election Day” Gov. Kathy Hochul is ducking any chance she’ll offend voters and powerful interest groups before Election Day by delaying action on a backlog of more than 420 bills that passed the legislature earlier this year, The Post has learned. The hand-sitting on either signing or…
“Kim Kardashian could be ‘tip of the iceberg’ for celeb crypto crackdown” Kim Kardashian’s $1.26 million fine from the Securities and Exchange Commission could just be the first shot in a broader regulatory volley against crypto-hawking celebrities, experts tell The Post. A-listers including Matt Damon, Tom Brady and Larry David, who appeared in ads for cryptocurrency…