FTX founder Sam Bankman-Fried is admitting fault for the collapse of the crypto exchange weeks after the firm filed for bankruptcy. Speaking during the New York Times DealBook Summit on Wednesday, the...
Tag: BankmanFried
FTX Missing Billions Remain Mystery After Bankman-Fried Grilling
(Bloomberg) — Mystery continues to shroud the missing billions at bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying to perpetrate a fraud while admitting t...
What a Securities Lawyer Would Ask FTX’s Bankman-Fried
As a securities litigator for over 30 years, I have cross-examined a host of conmen and fraudsters. Most of my cases have been concentrated in the financial services field where I represented Wall Str...
‘I’m not like Bernie Madoff’, claims FTX founder Sam Bankman-Fried
Sam Bankman-Fried gave an interview to Good Morning America The founder of FTX has claimed the implosion of the cryptocurrency exchange was “very different” to the Bernie Madoff Ponzi sche...
‘I wasn’t even trying to do risk management,’ Sam Bankman-Fried tells ABC
Sam Bankman-Fried claimed that he didn’t spend time doing any risk management at FTX in yet another interview following the exchange’s collapse. The now disgraced FTX co-founder stru...
Sam Bankman-Fried Roasted by Crypto Community Over Interview
The highly controversial interview with former FTX CEO Sam Bankman-Fried (SBF) has not gone down well with the crypto community. On Nov. 30, Sam Bankman-Fried sat with Andrew Ross Sorkin at The New Yo...
Sam Bankman-Fried Claims FTX US Users To Be Fully Compensated – But Everyone Else Will Only Get a Fraction Back
Disgraced FTX founder Sam Bankman-Fried is opining about the amounts that creditors of the embattled crypto exchange will receive in compensation. In a new interview with YouTuber Tiffany Fong, Bankma...
Sam Bankman-Fried Explains FTX-Alameda Relationship
Former FTX CEO Sam Bankman-Fried is under scrutiny by prosecutors over the relationship between crypto exchange FTX and trading firm Alameda Research. SBF has reportedly made customers wire transfer m...
The Block: Sam Bankman-Fried details two factors that led to FTX’s demise: NY Magazine
Former FTX CEO Sam Bankman-Fried has been doing a lot of apologizing. From saying so on Twitter to repeating it during yesterday’s keynote interview at the New York Times’ DealBook Summit....
Sam Bankman-Fried Reveals About the Properties in The Bahamas
Sam Bankman-Fried, the former CEO of FTX, was questioned by New York Times journalist Andrew Sorkin in his very first public appearance through a video call. Sorkin threw a barrage of questions toward...
Sam Bankman-Fried Disclosed His Relationship With Alameda Research
Former Chief Executive Sam Bankman-Fried entered the media limelight as the collapse of FTX continues to cast a shadow over the cryptocurrency market. At the newspaper’s annual DealBook Summit, Andre...
Sam Bankman-Fried to New York Times: “I Wasn’t Running Alameda”
Key Takeaways Sam Bankman-Fried, founder and former CEO of FTX, took part in a New York Times interview today. There, he discussed the events that led to his company’s collapse and his relations...
Sam Bankman-Fried Responds To FTX Collapse In New Interview
Topline Former FTX CEO Sam Bankman-Fried claimed in a live New York Times interview Wednesday the collapse of his cryptocurrency exchange was driven by numerous mistakes on his part rather than fraudu...
Bankman-Fried ‘Substantially Underestimated’ Size, Speed of FTX Collapse
In a highly anticipated and wide-ranging interview, FTX founder Sam Bankman-Fried claimed he was both unaware of and not intentionally committing fraud — and largely dismissed his prospects for crimin...
Sam Bankman-Fried tries to defend FTX collapse, apologizes (again)
Sam Bankman-Fried just wrapped up an interview with Andrew Ross Sorkin at the New York Times DealBook Summit. The Block tuned in and kept a running tally of what he had to say. Thanks for sticking wit...
FTX CEO stresses Bankman-Fried, Ellison no longer involved in operations
FTX CEO John Ray stressed in a company all-hands this week that the firm has not been communicating or “dealing with” former senior executives, including its co-founder Sam Bankman-Fried. ...
Texas regulator orders Sam Bankman-Fried to appear at FTX hearing
A Texas regulator is demanding Sam Bankman-Fried appear at a February 2, 2023 hearing to answer claims that FTX US offered unregistered securities products through its yield-bearing service. The notic...
Texas State Securities Regulator Sends Sam Bankman-Fried Official Hearing Notice Requesting SBF’s Testimony
Disgraced FTX founder Sam Bankman-Fried is being summoned by the Texas securities regulator to appear during an administrative hearing on February 2nd, 2023. The Texas State Securities Board (TSSB) i...
Former billionaire Sam Bankman-Fried says he’s down to $100,000 in bank account
Sam Bankman-Fried, the former cryptocurrency exchange CEO – and once one of the richest people in the world – is down to his last $100,000 after the rapid failure of FTX, Axios is reporting. The inves...
Crypto Lender BlockFi Sues Sam Bankman-Fried Company Over Robinhood Shares Following Bankruptcy Filing: Report
The bankrupt crypto lending platform BlockFi is suing Sam Bankman-Fried’s holding company to recover collateral. According to a recent complaint filed in a court in New Jersey, BlockFi says it “seeks ...
Sam Bankman-Fried: FTX Would Be More Stable if CZ Stayed Silent
Sam Bankman-Fried, disgraced boss of collapsed crypto exchange FTX, has claimed an extra $4 billion appeared minutes after filing for bankruptcy — money he says could’ve made out-of-pocket users whole...
Sam Bankman-Fried Interview Reveals Dark Donations to Republicans, FTX’s ‘Poorly Labeled Accounting’ – Bitcoin News
On Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview was released. D...
Sam Bankman-Fried is down to $100,000 post-FTX
Sam Bankman-Fried, the former CEO of the FTX crypto exchange with a prior net worth of $26 billion, revealed to Axios on Monday that he is down to his final $100,000 following the collapse of FTX. Sam...
Sam Bankman-Fried Says FTX Hacker May Be a Former Employee
Sam Bankman-Fried is again trying to clear the air. In an interview with Tiffany Fong published Tuesday, the disgraced FTX founder and former CEO explained why FTX prioritized Bahamian withdrawals—and...
FTX Collapse: Bankman-Fried Has 2 Golden Chances to Defend Himself
Sam Bankman-Fried, the fallen founder of bankrupt cryptocurrency exchange FTX, is currently one of the world’s most hated people. On social networks many are calling for him to be sent to jail ...
Bankman-Fried on the hook in Texas, called to appear at Feb. hearing
Former FTX CEO Sam Bankman-Fried has been called to a Feb. 2 hearing by the Texan securities regulator as part of an investigation into whether he and FTX US have violated Texas securities laws. In a...
Fear of ‘angry people’ drove Bankman-Fried to open withdrawals for Bahamians
FTX’s former CEO Sam Bankman-Fried has divulged what really went on in the days before it filed for bankruptcy when the exchange selectively reopened withdrawals — only for Bahamian users. In a telep...
Sam Bankman-Fried first ever interview after FTX collapse
Sam Bankman-Fried is everywhere on the news nowadays. You will always listen and read about him but rarely from him. However, Tiffany Fong, a prominent journalist, had a chance to interview him. The i...
Sam Bankman-Fried Addresses Withdrawals, FTX Collapse in Newly Released Audio Interview
“It was a combination of the crash in the spring that took 50% out of asset values, combined with a hyper-correlated crash scenario this month in which simultaneously we saw a 50% decline in rel...
Texas regulator wants Bankman-Fried testimony in securities case
Former FTX CEO Sam Bankman-Fried has a hearing date in Texas. The Texas State Securities Board wants Bankman-Fried to testify on Feb. 2 in response to an enforcement action issued today alleging...
Beto O’Rourke Returned a $1M Campaign Donation From Sam Bankman-Fried: Report
Bankman-Fried personally donated $40 million to largely Democratic candidates, while other FTX executives, including co-CEO Ryan Salame, donated to Republicans. Some, including Sen. Kirsten Gillibrand...
The Block: Beto O’Rourke returns $1 million donation from Sam Bankman-Fried: Texas Tribune
Texas Democrat Beto O’Rourke is the latest politician to ditch a political donation from former FTX CEO Sam Bankman-Fried. The former congressman and gubernatorial candidate returned a $1 millio...