U.S. District Judge William Orrick has ordered the Commodity Futures Trading Commission (CFTC) to serve its Ooki DAO lawsuit to Tom Bean and Kyle Kistner, who were the original founders of the defunct...
Tag: Founders
Judge orders CFTC to serve Ooki DAO founders with lawsuit
A United States federal judge has ordered the Commodities Future Trading Commission (CFTC) to serve its lawsuit to the two original founders of the Ooki decentralized autonomous organization (DAO). On...
FTX Founders SBF Might Skip U.S. Hearing Following His Arrest
Sam Bankman Fried, the disgraced founder of crypto exchange FTX, was arrested on Monday evening as the U.S. government filed for criminal indictment. The arrest took place just a day before SBF’s sche...
US Judge in Ooki DAO Trial Orders CFTC to Serve Original Founders With Lawsuit
“At the hearing, the CFTC asserted it knew that some of Ooki DAO’s Token Holders reside and conduct business in the United States because the two founders of Ooki DAO’s predecessor entity, bZero...
Terra Founder’s Location Becoming Clearer by South Korean Reports
10 mins ago | 2 mins read Exchange News The Ministry of Justice of South Korea has requested investigative assistance from the Serbian government. Interpol allegedly issued a “Red Notice” against Kwon...
S&P 500: Investors Lose $2.8 Trillion As Founders Run 16 Stocks Into The Ground
Investing in S&P 500 companies run by their founders used to be a smart bet. Not this year: It’s cost you $2.8 trillion. X Shares of 16 stocks in the Global X Founder-Run Companies ETF (BOSS...
Federal Prosecutors Probe FTX Founder’s Role In UST Collapse
While the crypto market still hasn’t fully digested the insolvency of FTX, U.S. federal prosecutors are investigating whether FTX founder Sam Bankman-Fried played a role in the collapse of TerraUSD (U...
Minimart Chain Alfamart’s Expansion Binge More Than Doubles Founder’s Fortune
This story appears in the December 2022 issue of Forbes Asia. Subscribe to Forbes Asia Djoko Susanto Sumber Alfaria Trijaya This story is part of Forbes’ coverage of Indonesia’s Richest 2022. See the ...
Binance auditor confirms reserves, 3AC founders subpoenaed, and Crypto Twitter drama
The biggest news in the cryptoverse for Dec. 6 includes Polygon co-founder hitting back against ‘jealous’ competition, Crypto.com CEO addressing ‘FUD,’ Binance auditors confirming Bitcoin reserves, an...
3AC founders and staff hit with subpoenas as feds push for records
Three Arrows Capital (3AC) co-founders Su Zhu and Kyle Davies will be required to hand over “any recorded information” relating to the bankrupt crypto hedge fund after a federal judge greenlit subpoen...
Founders of Bankrupt Crypto Hedge Fund Three Arrows Capital Subpoenaed in US
“The foreign representatives and their agents are authorized to serve subpoenas for the production of documents and testimony upon the founders, the investment managers and anyone else that might have...
Singapore Court Request 3AC Founders to Provide Key Documents
During a virtual hearing for the Southern District of New York Bankruptcy Court on December 02, 2022, Judge Martin Glenn stated that the liquidators for 3AC (Three Arrows Capital) will have to present...
Three Arrows Capital Founders Are Beyond Prosecutors- What Hope For Investors?
Join Our Telegram channel to stay up to date on breaking news coverage Liquidators for bankrupt crypto hedge fund Three Arrows Capital (3AC) have said that its founders have refused to cooperate with ...
3AC bankruptcy process faces challenges amid unknown whereabouts of founders
Liquidators for Three Arrows Capital (3AC) will have to present further documents in order to be granted permission to subpoena the now-bankrupt crypto hedge fund’s founders through Twitter, according...
Legal team for 3AC liquidators blast founders for shifting blame to FTX, media blitz amid bankruptcy
The founders of Three Arrows Capital, or 3AC, the Singapore-based crypto hedge fund with close ties to Terra Labs, have been spending more time engaging on social media and news outlets than dealing w...
Three Arrows Founders Have One Week to Provide Key Financial Documents: Singapore Court
The co-founders of defunct crypto hedge fund Three Arrows Capital, Su Zhu and Kyle Davies, reemerged recently on Twitter and in media interviews with no shortage of opinions about the collapse of Sam ...
Analyzing Founders Fund’s Crypto Portfolio
November 30, 2022, 4:14PM EST • 6 min read Quick Take Founders Fund is a San Francisco-based venture capital firm founded in 2005 by Peter Thiel, Luke Nosek, Sean Parker, and Ken Howery Founders Fund ...
Crypto Founders Make The Cut For Forbes 30 Under 30
Despite an overwhelmingly bleak year for the crypto industry, some executives and founders are still getting recognition. Forbes has recently published its Fintech ’30 under 30′ list, and a surprising...
Tron Founder’s WETH Insolvency Joke Lands Market into Frenzy
The markets, however, witnessed a significant sell-off due to the chaos created by the tweets regarding WETH’s insolvency. Justin Sun, the founder of Tron, said on Monday that he and Ethereum co-found...
Hackers steal $42M from Fenbushi Capital founder’s wallet
General partner at Fenbushi capital Bo Shen tweeted on Nov. 23 that malicious players stole $42 million from his personal wallet on Nov. 10. A total of 42M worth of crypto assets, including 38M in USD...
HashFlare founders arrested in $575M crypto scam
Two of the founders of HashFlare, a Bitcoin cloud mining service that is no longer active, have been arrested in Estonia on suspicion of being engaged in a crypto fraud scheme with a potential loss of...
HashFlare founders arrested in ‘astounding’ $575M crypto fraud scheme
The two founders of the now-defunct Bitcoin cloud miner HashFlare have been arrested in Estonia over their alleged involvement in a $575 million crypto fraud conspiracy. HashFlare was a cloud mining c...
FTX founders Bankman-Fried and Wang reportedly detained
According to reports, FTX co-founder Gary Wang is being held under supervision by Bahamian authorities alongside Sam Bankman-Fried (SBF). The pair are also being investigated by the country’s financia...
Elon Musk Explains Why He Rejected FTX Founder’s $3 Billion Offer to Buy Twitter
Yuri Molchan The centibillionaire has revealed why he turned down the offer of Sam Bankman-Fried earlier this year Contents “He set off by BS detector” FTX gets hacked, funds leaving for anon wallet @...
FTX Founder’s Billion-Dollar Fortune Goes to $1
FTX cofounder Sam Bankman-Fried’s empire collapsed this week following a liquidity crisis at one of his affiliates. The entire $16 billion fortune of the FTX CEO has now been wiped out, accordin...
Robot Truck Developer TuSimple At Risk Of Nasdaq Delisting After Founders Fire Its Board
Xiaodi Hou, cofounder and ex-CEO of TuSimple has fired the company’s board with the aid of fellow cofounder Mo Chen. Tim Pannell/The Forbes Collection TuSimple, a leading developer of autonomous...
FTT Drop Leads To Founder’s Downfall
Founder Sam Bankman-Fried’s net worth plummeted 95% following the crash of FTX’s native FTT token, resulting in him losing his billionaire status. SBF Is No Longer A Billionaire According to data rev...
Founders of short-lived NFT investing game Visionrare raise $1.5 million for web3 job network: Exclusive
The founders of a short-lived NFT marketplace for “fantasy startup investing” raised $1.5 million in funding for Job Protocol, a new decentralized recruitment network. Buoyed by the...
BAYC Founder’s Twitter Impersonators Published Phishing Link
Vladislav Sopov No, Greg Solano is not launching next Bored Apes collection: do not fall victim to sophisticated scam Contents Beware: Scammers impersonate BAYC’s Greg Solano Fake $APE airdrops ...
Founders should consider VC firms their allies as they build in the bear market
This year’s bear market trajectory should be looked upon as a favorable opportunity for Web3 founders to raise capital and build cutting-edge products. Some of the most robust businesses today were bu...
Bitpanda’s founders launch their own investment vehicle: Exclusive
The founders of crypto investment platform Bitpanda have quietly set up an investment vehicle, following in the footsteps of other fintech founders who have set up similar side hustles. Austria...
SEC Chairman says happy birthday to Bitcoin founder’s whitepaper
Gary Gensler, Chairman of the SEC has tweeted a happy birthday to Satoshi Nakamoto’s whitepaper, which was 14 years old on Monday. Gensler is an unlikely one to wish Bitcoin a happy birthday given tha...