Sam Bankman-Fried has cultivated ties with high-profile celebrities, politicians and investors – but one power couple in particular has been key to boosting his profile in influential and wealthy circles. Bill Clinton was paid north of $250,000 when he spoke at the disgraced FTX CEO’s Crypto Bahamas conference in April, sources told the Post. At …
How Sam Bankman-Fried’s Clinton Ties Helped Him Fool Investors Read More »
The father of disgraced FTX CEO Sam Bankman-Fried has taken on legal counsel as officials examine his ties to the cryptocurrency firm. Joseph Bankman, a law professor at Stanford University, has reportedly hired Sean Hecker of Kaplan Hecker and Fink LLP to represent him, Reuters reported. Hecker, on the firm’s website, is described as “an …
Sam Bankman-Fried’s father lawyer as FTX investigation escalates Read More »
Caroline Ellison and Zixiao “Gary” Wang, two executives from the fallen crypto empire of Sam Bankman-Fried, have pleaded guilty to federal charges and are cooperating with prosecutors. The news was announced Wednesday evening by Damian Williams, U.S. Attorney for the Southern District of New York. Williams did not specify what charges the two men brought, …
Sam Bankman-Fried’s Former Friends Plead Guilty and Are Cooperating in FTX Fraud Case Read More »
Sam Bankman-Fried went on a media apology tour after his crypto business collapsed. Convicted con artist Anna Sorokin (aka Anna Delvey) thinks “he’s just trying to save himself.” “It’s a Ponzi scheme, what he did,” she told Insider. Loading Something is loading. Thank you for your registration! Access your favorite topics in a personalized feed …
Alameda Research has been allowed to exceed normal borrowing limits on the FTX exchange since its inception, Sam Bankman-Fried says, in a concession that illustrates how the former billionaire’s trade shop was given preferential treatment compared to customers years before the 2022 crypto crisis. In an interview with the Financial Times, the 30-year-old described the …
Sam Bankman-Fried’s trade store has been getting special treatment on FTX for years Read More »
Former Uber chief commercial officer Emil Michael discusses the collapse of FTX and the viability of the crypto industry. FIRST ON FOX: After allegedly robbing up to a million investors for billions of dollars worldwide, Fallen FTX crypto king Sam Bankman-Fried hides in an ultra-luxurious Bahamas resort, behind concrete walls and guarded checkpoints, a world …
FTX Collapse: Inside Sam Bankman-Fried’s $40 Million Luxury Bahamas Bunker Read More »
FTX unit purchased 7 condos in upscale resort for “key personnel” Bankman-Fried’s parents named owners of $16.4 million vacation home Bankman and Fried tell Reuters: Seeking to return the deed to FTX NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) – Sam Bankman-Fried’s FTX, his parents and top executives of the failed cryptocurrency exchange have purchased at …
Exclusive: Bankman-Fried’s FTX Parents Bought Bahamian Property Worth $121M Read More »
It may be a little too soon to lump Sam Bankman-Fried into the same boat as infamous fraudster Bernie Madoff — or maybe not. The full post-mortem of his epic meltdown from crypto prodigy and billionaire to broke crypto villain extraordinaire won’t be ready for some time. Prosecutors for the US Attorney for the Southern …
Sam Bankman-Fried’s Crypto ‘Fraud’ Joins Hall of Shame With Madoff, Holmes Read More »
tom williams | CQ-Roll Call, Inc. | Getty Images The quantitative trading firm founded by Sam Bankman-Fried was able to quietly use client funds from its FTX exchange in a way that flew under the radar of investors, employees and auditors in the process, a source says. The way they did it was to use …
