SBF ordered Gary Wang to code a secret line of credit for Alameda Research. This created a backdoor, allowing Alameda to borrow customers’ funds without permission. Without their consent, Alameda too...
Tag: FTX
‘FTX committed Fraud’: Skybridge’s Anthony Sacaramucci
FTX bought a 30% stake in Skybridge in September 2022. Anthony initially refrained from calling them ill names, as it’s a legal term. SBF had pleaded not guilty to all allegations and could face 115...
FTX Ex-President to Share What He Knew About the Collapsed Exchange “In Time” ⋆ ZyCrypto
Advertisement     Brett Harrison, the former president of the crypto exchange FTX U.S. plans on spilling the beans on the exchange’s operations soon. The former execut...
Former FTX US Boss Brett Harrison Talks about SBF and his Experience at FTX
Former FTX US president Brett Harrson, recently discussed his experience at the firm and working with its boss Sam Bankman-Fried (SBF), and the reason which force to leave the office. Harrison noted ...
former FTX boss maintains innocence, Nexo’s woes, DCG and Gemini face-off
The last week in crypto was mixed with fresh updates and ongoing controversies. A new scandal emerged as new allegations were leveled against the crypto lender, Nexo, with reports accusing the regulat...
Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread – Bitcoin News
The former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role ...
Former FTX US President Shares What Destroyed his Relationship With SBF
Brett Harrison, who stepped down from his role as President of the US branch of FTX just weeks before the implosion, finally broke the silence and shed some more light on his relationship with SBF. He...
FTX US Former President Shares Experience With SBF
Former FTX US President Brett Harrison said cracks appeared in the relationship between him and Sam Bankman-Fried (SBF) six months into his tenure at the firm in a January 14 Twitter thread. The frict...
Former FTX US President lashes out at ‘insecure’ SBF in 49-part Twitter thread rant
Former FTX US President Brett Harrison has lashed out at Sam Bankman-Fried for manipulating and threatening colleagues who proposed solutions to reorganize FTX US’ management structure. Harriso...
Scaramucci investing in company set up by former FTX US president
Anthony Scaramucci is investing in a company set up by former FTX US president Brett Harrison. Bloomberg reported that the American financier and former White House director of communications wi...
Judge Rules for FTX to Sell LedgerX, Other Units as Hundreds of Buyers Express Their Interest
Interested buyers may officially begin to indicate their interests between January 18 and February 1. Bankruptcy judge John Dorsey has cleared FTX to sell four of its key units in its bid to raise fun...
Why the IRS Has an Interest in the FTX Bankruptcy Case
Of all the crypto bankruptcies over the past year, the FTX Chapter 11 proceeding is the only one that’s had a Department of Justice attorney assigned to represent the Internal Revenue Service. Deputy ...
FTX Collapse: Bankman-Fried Takes On a Powerful Law Firm
Sam Bankman-Fried faces a series of criminal and civil charges, including alleged fraud. The trial of the disgraced founder of cryptocurrency exchange FTX and its sister company Alameda Research, a he...
Bitcoin Spikes To $19,800 Price After FTX Asset Recovery
Bitcoin reclaimed $19,800 Friday afternoon to a reach new one-month high after eclipsing $19,000 on Thursday. The rise came after attorneys for bankrupt cryptocurrency exchange FTX announced they reco...
SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14
Top Stories This Week Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’ In a “pre-mortem overview” of FTX’s bankruptcy, Sam Bankman-Fried denied allegations of imp...
Former FTX US president, Brett Harrison, discloses information on Sam Bankman-Fried
The crypto market is rebounding from the rubble that Sam Bankman-Fried, often known as SBF, left behind when he left his position as the CEO of the then multi-billion dollar cryptocurrency exchange, F...
Sequoia Capital’s Alfred Lin in his first public interview since the implosion of FTX (video)
Last night, at an industry event hosted in San Francisco by this editor, venture capitalist Alfred Lin of Sequoia Capital sat down for a one-on-one conversation about the evolution of his storied inve...
Alameda Research had a $65B secret line of credit with FTX: Report
Former FTX CEO Sam Bankman-Fried (SBF) reportedly ordered Gary Wang, co-founder of the crypto exchange, to open a $65 billion “secret backdoor line of credit” for Alameda Research, accordi...
FTX Cleared to Sell LedgerX, Japanese Units by Bankruptcy Judge
In formal terms, the judicial decision allows bids, an auction, and a sales hearing to take place, with permission for any actual transaction to come later. Judge John Dorsey of the Delaware Bankruptc...
Skybridge eyes stake buyback from FTX, as Galaxy CEO says he would like to ‘punch’ SBF
SkyBridge Capital CEO Anthony Scaramucci said that his firm can buy back the stake of the company it sold to FTX back in September last year. Meanwhile, Galaxy Digital CEO Mike Novogratz has indicated...
Reveal Secret Signatures On SBF’s $250M Bond: Media Lawyers
Eight mainstream media outlets are calling for the release of two unknown names who co-signed Sam Bankman-Fried’s $250 million bond. In a letter filed with the court on Thursday, lawyers from Davis Wr...
Ex-president of FTX US says SBF relationship reached ‘total deterioration’
Brett Harrison, former president of FTX US, shared his experience at the company and working with Sam Bankman-Fried — and ultimately why he left his so-called “dream job.” In a 49-pa...
SkyBridge Capital can buy back stake from FTX, says Scaramucci
Former White House communications director and founder of SkyBridge Capital, Anthony Scaramucci expressed the intention of buying back the company’s stake from FTX. Once a leading crypto exchange that...
‘It’s Very Clear Now’ FTX Committed Fraud, Says Hedge Fund CEO Anthony Scaramucci
Skybridge Capital chief executive Anthony Scaramucci is now convinced that collapsed crypto exchange FTX committed wrongdoing. Scaramucci had previously refrained from accusing FTX of crimes, saying h...
FTX investigation proposed Law Firm rejected
The US Department of Justice has rejected FTX’s hiring of Sullivan & Cromwell, the law firm now in charge of the exchange’s inquiry because of potential conflicts of interest. The US T...
Bitcoin Pushes Above $19K for First Time Since FTX Collapse
Steven Lubka, managing director of Swan Bitcoin’s private client department, said he expects inflation to continue to soften in the first half of 2023, which should give the Fed room to throttle...
Here is how SBF and Gary Wang secretly stole $65 billion from FTX users
The scandal surrounding the SBF has taken yet another turn for the worse. According to reports, the counsel representing FTX, Andrew Dietderich, said in the Delaware bankruptcy court that the notoriou...
Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda – Bitcoin News
The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published his first blog post on his new Substack newsletter. “All this t...
Skybridge may buy back stake held by bankrupt FTX
Skybridge, a universal investment organization in New York, has announced it might buy back FTX’s stake in its company. Scaramucci declares plans to buy back FTX’s stake Today, Anthony Scaramucci, CEO...
NBA Behemoth Miami Heat Ends Affiliation With Insolvent FTX
6 hours ago | 2 mins read Exchange News The court ruled that the Miami Heat may remove the platform’s initials from its arena. The basketball team and FTX began their cooperation after signing a $135 ...
Bitcoin Price Fully Recovers From FTX Crash: Market Watch
It has taken bitcoin just a little over two months to recover from the damages done by the collapse of SBF’s former crypto empire, as the asset skyrocketed to over $21,000 earlier today. Most alternat...