US Government Proposes Limited Electronics for Indicted Cryptocurrency Founder on Bail
If you've been following the news recently, you might have heard about Sam Bankman-Fried, the FTX cryptocurrency exchange founder who has been indicted and is currently on bail for testing the limits of his $250 million bail package. The U.S. Department of Justice has now proposed a solution to ensure Bankman-Fried's communications are monitored while he awaits trial.
Revealed: List of entities owed money by Bankman-Fried's FTX includes New York Times, Goldman Sachs, JPMorgan & Apple
The New York Times, Goldman Sachs, JPMorgan, and Apple are on the list of corporations that FTX's Sam Bankman-Fried owes money to after a document listing the identities of the creditors was made public.
Bankrupt FTX and its Disgraced Former CEO are Asking Politicians and PACs to Return Donations - by the End of the Month
The defunct cryptocurrency platform doesn’t have the assets to pay back clients who were screwed out of their investments when the company went belly up, and this is the plan to recoup a big chunk of it.
This Billionaire was scammed by Enron, Bernie Madoff, and FTX.
His name is Robert Alexander Belfer, and he’s a Billionaire Oil Tycoon. Robert’s had a lot of good fortune in his life, but he's also run into some serious bad luck when choosing investments. Robert has made billions of dollars in his lifetime but seems to be a magnet for financial schemes.
At least 196 members of the new Congress took cash from FTX & Bankman-Fried, many of them were just sworn in last week
Out of 535 new Congress members, there are at least 196 members who allegedly took money from Sam Bankman-Fried or other senior executives at FTX. At least 196 of the newly elected members of Congress are suspected of receiving financial support from Sam Bankman-Fried or other senior FTX executives, according to a report.
US Department of Justice seizes 55 million Robinhood shares from Sam Bankman-Fried.
The US Department of Justice seized 55 million Robinhood shares linked to FTX. Robinhood shares valued at more than $450 million came into dispute following the bankruptcy of cryptocurrency exchange FTX.
FTX is attempting to 'claw back' donations in order to repay creditors
There is a possibility that clawback clauses will require the return of billions of dollars that were paid in the weeks, months, or even up to a year before FTX went bankrupt. The administration of FTX is working to retrieve donations totaling millions of dollars that were made by the cryptocurrency exchange, according to a report from the Wall Street Journal.
Disgraced FTX CEO Bankman-Fried Has Ties to Biden White House Bloomberg Reports
Bloomberg News reporters, Josh Wingrove and Allyson Versprille recently released a bombshell report detailing how FTX officers met with Biden aides, at the White House, at least four times.
Almost all Democratic beneficiaries of Bankman-Fried's donations agree to donate the campaign funding that came from him
Most Democratic leaders who benefited from FTX's Bankman-Fried have agreed to donate the money he contributed to their campaigns. FTX's Sam Bankman-Fried.Photo byBybit / Flickr.
Donations to GOP leaders were not disclosed because reporters freak out if you donate to Republicans, says Bankman-Fried
Sam Bankman-Fried says that the donations he made to Republican leaders were not disclosed due to the fact that journalists always freak the hell out when people donate to GOP leaders.
O’Rourke's team claims that he had not talked with Bankman-Fried prior to the donation
O'Rourke's team asserts that he never communicated with FTX's Sam Bankman-Fried, amid reports that the Democratic leader's midterm campaign received financial assistance from Bankman-Fried -- and his team says the money was returned.
Abbott tells those who received money from Bankman-Fried to return it — White House still mum on Biden's donation
Governor Abbott has called on political candidates who received money from Bankman-Fried to return it so that it can go back to innocent customers. But the White House is still mum on the donation that Biden.
Executives at FTX warn anyone not returning donations could face legal action, top politicians could be affected
The executives at FTX have warned that anyone that is not planning on returning donations that were made by Sam Bankman-Fried could face legal action, and top democratic politicians such as Biden and O'Rourke could be affected.
The Texas State Securities Board to probe whether FTX illegally offered unregistered securities to state residents
The Securities and Exchange Commission and the Department of Justice are currently looking into whether or not FTX utilized billions of dollars worth of client monies to prop up Alameda Research as part of their investigation into the company.
Bankman-Fried is one of President Biden's biggest donors, contributing more than $5 million to his campaign in 2020
Sam Bankman-Fried is one of the most generous contributors to President Biden's campaign, giving more than $5 million to the effort in 2020. President of the United States Joe Biden.Photo byChicago Council GC / Flickr.
Revealed: O'Rourke's links with FTX's Sam Bankman-Fried and the $1 million donation plus claims that the two never met
O'Rourke's campaign for the midterm elections received a donation of $1 million from the troubled leader of the bitcoin industry, Sam Bankman-Fried. Democratic leader Beto O'Rourke who contested for the Governor's race at this year's midterms.Photo byGage Skidmore / Flickr.
FTX Founder SBF To Be Released On 250 Million Dollar Bail Following His Extradition From the Bahamas
The meteoric fluctuation of the crypto industry just took an unexpected turn as fallen billionaire SBF got granted a $250m bail on Thursday. The tech mogul faces 8 charges that could mean up to 110 years in prison, but for now, he must stay under strict supervision at his parents' Palo Alto home. It is yet another cautionary tale about how quickly fortunes can change in this unpredictable world!
Sam Bankman-Fried Faces Extradition To US For Allegedly Fraudulent Activities At FTX
The drama surrounding the failure of the cryptocurrency exchange FTX and the departure of its former chief executive officer, Sam Bankman-Fried, is continuing to play out. Bankman-Fried has returned to the United States to face the criminal charges that were brought against him by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). These charges were brought against him nine days after he was arrested in the Bahamas on a variety of criminal charges brought by the SEC and the CFTC.
Sam Bankman-Fried arrested in connection with FTX’s collapse
Sam Bankman-Fried, chief executive officer of FTX, a cryptocurrency exchange he founded in 2019Photo byJeenah Moon/Bloomberg via Getty Images. Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, has been arrested by the Royal Bahamas Police Force following reports that the United States has filed criminal charges against him. It is likely that the US will request his extradition.