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” Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal “ Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments. In a transcript of…
” Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues “ Never underestimate how quickly things can deteriorate in a sector as volatile as crypto, especially in a bear market. Prices can always go lower in the depts of crypto winter and casualties can multiply overnight. 2022 has been a year of never-ending contagion;…
“Sam Bankman-Fried fighting to keep $450M Robinhood stake in” Sam Bankman-Fried is battling to keep a $450 million stake in retail stock Robinhood that FTX’s new boss is trying to claw back from the indicted crypto huckster, according to court records. The ousted FTX founder claims he is entitled to the assets listed under Emergent…
“Bill Ackman slams Sam Bankman-Fried’s $250M bond deal” Billionaire Bill Ackman criticized the $250 million bond deal that allowed disgraced FTX founder Sam Bankman-Fried to live at his parents’ Bay Area home while awaiting federal trial on fraud charges. The New York hedge fund manager, whose net worth was pegged by Forbes at $3.5 billion…
“Sam Bankman-Fried arrives at parents’ Palo Alto home” Disgraced FTX founder Sam Bankman-Fried was spotted early Friday arriving at his parents’ Palo Alto, California, home where he will remain under house arrest after being released on a record $250 million bond. Two vehicles were seen pulling up to Joseph Bankman and Barbara Fried’s residence located…
” FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares “ Embattled crypto exchange FTX asked for the assistance of a United States bankruptcy judge to prevent crypto lending firm BlockFi from claiming around $450 million worth of Robinhood shares purchased by its former CEO Sam Bankman-Fried. On Nov. 28, BlockFi filed a…
” Crypto Twitter confused by SBF’s $250M bail and a return to luxury “ Crypto Twitter has seemingly taken issue with Sam Bankman-Fried’s $250 million bail bond, allowing him to spend Christmas in his parent’s Palo Alto home without paying a single dime upfront. The former FTX CEO arrived in New York from the Bahamas…
” SBF sent home after his parents put up their house to cover his astronomical bail bond “ Sam Bankman-Fried, the former CEO of FTX now facing criminal charges that could land him in jail for the rest of his life, may be granted bail in the United States ahead of his trail, Reuters reported…
” Breaking: Caroline Ellison and Gary Wang plead guilty to fraud charges “ Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have pleaded guilty to federal fraud charges and are cooperating with prosecutors as part of the criminal case against the former CEO of FTX, Sam Bankman-Fried. United States Attorney for the…
” 10 crypto tweets that made a splash in 2022 “ Another year in the crypto space has nearly passed. As usual, Twitter has been a hotbed of crypto-related conversation during the turbulent year. From Terra’s collapse and the whole situation with FTX to Elon Musk’s takeover of Twitter, 2022 has played out like a…