Crypto exchange FTX (FTT/USD) bought a 30% stake in SkyBridge Capital in September before the crypto company filed for bankruptcy in November. SkyBridge’s founder Anthony Scaramucci said the inv...
Tag: BankmanFried
I Didn’t Steal Funds Or Stash Away Billions: Sam Bankman-Fried
Disgraced FTX founder Sam Bankman-Fried, in an astonishing and highly unusual blog post, stated that he did not steal any funds or stash away billions as claimed. He blamed Binance CEO Changpeng Zhao...
Sam Bankman-Fried denies Stealing User Funds
SBF denied stealing billions of dollars worth of users’ funds. He once compared FTT with Tesla, Bitcoin etc. Ellison and Wang had pleaded guilty and could be speaking against Sam. FTX-saga has been ...
Sam Bankman-Fried Claims Binance CEO Changpeng Zhao Caused FTX Implosion in New ‘Pre-Mortem’ Substack Post
Disgraced FTX founder Sam Bankman-Fried says the head of rival exchange Binance contributed to setting off the demise of his crypto empire. In a post to Bankman-Fried’s Substack titled “FTX Pre-Mortem...
Sam Bankman-Fried Blogs Like a Crypto Robin Hood, but in Court He’s Not So Charitable
Sam Bankman-Fried’s surprise Substack post Thursday included these charitable lines: “Nearly all of my assets were and still are utilizable to backstop FTX customers,” he wrote. “I have, for instance,...
Sam Bankman-Fried denies misusing customer funds
In the months leading up to his federal charges on m money laundering and misuse of customer funds, FTX co-founder Sam Bankman-Fried has repeatedly refuted US charges that he misused $8 billion in cli...
Hedge Fund Billionaire Bill Ackman Empathizes With Fallen FTX Chief Sam Bankman-Fried
Topline Hedge fund billionaire Bill Ackman appeared to defend Sam Bankman-Fried from fierce criticism on Thursday as the fallen crypto mogul fights criminal charges following the dramatic collapse of ...
Sam Bankman-Fried Says He Didn’t Steal Funds! Explains What Went Wrong
Sam Bankman-Fried, the former CEO of the troubled cryptocurrency exchange FTX, has explained that he did not ‘steal’ funds. He added that FTX could have made customers considerably whole if it had bee...
Sam Bankman-Fried Pledges Personal Assets To FTX Customers: Pre-Mortem Report
– Advertisement – Summary: The FTX founder published a pre-mortem report claiming Alameda Research was the victim of a coordinated attack. Sam Bankman-Fried said he believes FTX US is solv...
Bankman-Fried blames Binance CZ’s ‘fateful tweet’ for FTX collapse
FTX cryptocurrency exchange founder Sam Bankman-Fried (SBF) has once again come out to explain what transpired in the run-up to the platform’s collapse alongside responding to allegations of fraud. I...
Sam Bankman-Fried denies stealing FTX user crypto in new Substack post
Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Timothy A. Clary | AFP | Getty...
Unemployed and under house arrest, Sam Bankman-Fried faces enormous legal bills
Disgraced FTX founder Sam Bankman-Fried has an expensive year ahead of him. Unemployed, under house arrest and stripped of his Robinhood shares, his options for funding his defense are limited. ...
Coinbase Strikes a Massive Blow to Bankman-Fried and FTX
Coinbase Chief Executive Brian Armstrong does not mince words. Nearly two months after rival Sam Bankman-Fried’s empire went bankrupt, he’s just delivered a massive blow to what until rec...
Former FTX Executive and Housemate of Sam Bankman-Fried Cutting Immunity Deal With Feds: Report
A former senior executive at bankrupt crypto exchange FTX has met US federal prosecutors with a view of cutting an immunity deal. According to a new Bloomberg report, Nishad Singh, a former director o...
Sam Bankman-Fried, FTX’s Disgraced Founder, Has Been Arrested
Sam Bankman-Fried – the man behind now failed digital currency exchange FTX – has been arrested while stationed in the Bahamas and is being extradited to the United States, where he will face criminal...
Tether Denies Bailout Request From Ex-FTX CEO Bankman-Fried
As investigators around the world try to gather facts about the FTX and Alameda implosion, stablecoin issuer Tether (USDT) has claimed that SBF, the CEO of FTX, requested a bailout in the billions bef...
Sam Bankman-Fried Makes Rare Appearance Following FTX Collapse
Sam Bankman-Fried – the disgraced founder of fallen digital currency exchange FTX – made a rare appearance at the Deal Book Summit in New York on the last day of November last year. Sam Bankman-Fried ...
DOJ Seizes Another $490M from Sam Bankman-Fried
Key Takeaways The DOJ has seized over 55 million Robinhood shares and $20.7 million belonging to Emergent Fidelity Technologies. While the holding company isn’t part of the FTX estate, the DOJ believe...
DOJ Officially Seizes Over $456,000,000 Worth of Robinhood Shares Tied to FTX Founder Sam Bankman-Fried
The U.S. Department of Justice (DOJ) has officially seized shares of popular trading app Robinhood linked to Sam Bankman-Fried despite objections from the disgraced FTX founder’s legal team. In a fili...
Sam Bankman-Fried Spars With FTX Debtors Over Seized Robinhood Shares Valued at Over $460,000,000
Disgraced FTX founder Sam Bankman-Fried is fighting with FTX debtors over hundreds of millions of dollars worth of seized Robinhood shares. Court documents reveal that Bankman-Fried’s legal team says ...
Here’s the Latest in the Sam Bankman-Fried FTX Fraud Case—And How We Got Here
FTX founder Sam Bankman-Fried faces eight criminal charges, ranging from fraud to conspiracy to commit money laundering, in connection with the collapse of his once-dominant exchange. Earlier this wee...
Sam Bankman-Fried Files Request to Keep Hold of $450M in Robinhood Stock
Disgraced FTX founder Sam Bankman-Fried has filed a request to keep hold of his 56 million shares of the consumer trading app Robinhood, worth roughly $450 million at current prices. In a court filing...
Sam Bankman-Fried fights to control $450m Robinhood stake
Sam Bankman-Fried, the founder of FTX, is fighting to keep control of $450 million in Robinhood shares. Legal battle over $450M in Robinhood shares The Robinhood shares are currently held by Bankman-...
Sam Bankman-Fried Might Lose Robinhood Assets To FTX Debtors
In the latest update, Sam Bankman-Fried (SBF), former CEO of a bankrupt crypto exchange FTX, requests the court to block debtors’ access to his Robinhood shares. A report announced by US prosecutors r...
Why Did Sam Bankman-Fried Plead Not Guilty?
Further, while crypto-centric observers may see him as some exceptionally influential string-puller in Washington, the truth is that in the grand scheme of political clout, Sam Bankman-Fried is a John...
Sam Bankman-Fried wants to retain ownership of Robinhood shares worth $450M
FTX founder Sam Bankman-Fried wants to retain control of Robinhood shares worth $450 million on the basis that the bankrupt exchange has no “legal claims” over the assets, according to a Jan. 5 court ...
Sam Bankman-Fried Seeks to Keep Grasp on $450M in Robinhood Shares
Sam Bankman-Fried has argued he should retain control of around $450 million in shares of financial trading app Robinhood, disputing a rival claim by the estate of the company he founded and once ran,...
Sam Bankman-Fried meeting with Biden administration prompts speculation
This week, the Biden administration announced that Sam Bankman-Fried (SBF) had met with Biden aides to discuss ‘pandemic prevention.’ The announcement raised questions and suspicions among the public....
Bankman-Fried tells FTX debtors to leave his Robinhood shares alone
FTX co-founder Sam Bankman-Fried has filed a court action seeking to block debtors from taking control of his roughly $450 million stake in brokerage Robinhood. Lawyers for the disgraced exchang...
FTX’s former top lawyer cooperated with the US in Sam Bankman-Fried case
Daniel Friedberg, the controversial lawyer who served as top compliance chief at now-defunct crypt exchange FTX, has reportedly cooperated with United States’ prosecutors investigating FTX collapse. F...
US Government Seizes Robinhood Shares Linked to FTX Founder Sam Bankman-Fried – Regulation Bitcoin News
The U.S. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 million, that are linked to former FTX CEO Sam Bankman-Fried (SBF). “We believe that these assets a...