Former FTX CEO Sam Bankman-Fried will testify virtually before Congress on Tuesday, saying he can’t travel to Washington, D.C. due to his busy schedule and security concerns about paparazzi. “I&...
Tag: Sam Bankman-Fried
Alameda’s Ellison Hires Ex-SEC Lawyer Who Charged Musk, Holmes
Caroline Ellison, the disgraced CEO of Alameda Research, has reportedly hired a former US Securities and Exchange director as her lawyer. Stephanie Avakian, Ellison’s new counsel, previously oversaw h...
Bankman-Fried Secretly Funneled Millions To Crypto Outlet The Block
Topline Sam Bankman-Fried, the former CEO of the bankrupt cryptocurrency exchange FTX, gave millions in under-the-table loans to crypto news publication the Block, the site disclosed Friday, the lates...
Bankman-Fried rejects claims that Alameda crashed luna to sink 3AC
In the wake of FTX’s demise, there’s been an awful lot of mudslinging — particularly between the exchange’s former CEO Sam Bankman-Fried and the founders of collapsed crypto hedge fund Three Arrows Ca...
FTX CEO Sam Bankman-Fried hit with campaign finance complaint
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wedne...
Maxine Waters Is Prepared To Subpoena Sam Bankman-Fried
Maxine Waters, chair of the House Financial Services Committee, tweeted on Thursday that plans to subpoena fallen crypto celebrity Sam Bankman-Fried to testify at the FTX hearing on Dec. 13 are still ...
SBF Has One More Thing To Worry About: A US Attorney Inquiry
US federal prosecutors are reportedly investigating former FTX CEO Sam Bankman-Fried for his potential role in manipulating the price of two cryptocurrencies belonging to the now-defunct Terra ecosyst...
FTX spokesman Kevin O’Leary says he lost $15 million crypto payday
Investor, “Shark Tank” judge and CNBC contributor Kevin O’Leary said Thursday he’s lost all of the $15 million FTX paid him to act as a spokesman for the now-collapsed crypto e...
FTX Reportedly Pursued $100 Million To Sponsor Taylor Swift’s Tour
Topline Sam Bankman-Fried’s crypto exchange FTX reached “late stages” of negotiating a $100 million sponsorship deal with Taylor Swift before they ended last spring, according to the Financial Times. ...
Robinhood gaining crypto market share after FTX collapse, CEO says
Robinhood has seen market share increase in the weeks following FTX’s collapse, CEO Vlad Tenev said. The company had no exposure to the now failed exchange. Tenev also said that the 7.6% s...
House committee weighing subpoena for Sam Bankman-Fried
Senior members of the House Financial Services Committee are weighing a subpoena to compel embattled former FTX CEO Sam Bankman-Fried to testify, though little time remains to enforce one during this ...
Sam Bankman-Fried Backed Income Tax Hike To Appear On California’s 2024 Ballot
Sam Bankman-Fried, former CEO of FTX US Derivatives (Tom Williams/CQ-Roll Call, Inc via Getty … [+] Images) CQ-Roll Call, Inc via Getty Images California voters handily rejected Proposition 30, ...
Choose Your Investment Guru Wisely
If you want to learn how to play tennis, it makes more sense to take the Masterclass from Serena Williams than to watch a random infomercial or a video from your high school coach. If you want to lear...
Bankman-Fried Puts Off House Testimony on FTX
Former FTX CEO and founder Sam Bankman-Fried (SBF) said Sunday he would be willing to testify before congress, but would need to finish learning about the implosion of his crypto empire before he comm...
The FTX Crisis Brought Investors To Decentralized Exchanges. Here’s Why They Might Leave.
Andrew Ross Sorkin and Sam Bankman-Fried on stage at the 2022 New York Times DealBook on November … [+] 30, 2022 in New York City. (Photo by Thos Robinson/Getty Images for The New York Times) Ge...
Sam Bankman-Fried ‘Wasn’t Even Trying’ to Manage Risk at FTX, He Says
FTX founder Sam Bankman-Fried said he made no effort to manage risk at the digital-asset exchange that filed for bankruptcy in November, part of a blitz of public statements about major oversight fail...
Everything SBF Didn’t Tell The New York Times
In a string of virtual media appearances this week from an undisclosed location, Sam Bankman-Fried appeared genuinely incredulous at the very idea that he willingly committed fraud and may face legal ...
‘The World Will Judge Me As It Will’
“A lot of people got hurt. And that’s on me,” Bankman-Fried told ABC’s George Stephanopoulos (Photo … [+] by Jabin Botsford/The Washington Post via Getty Images) The Wash...
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...
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...
Bankrupt BlockFi Wants Bankman-Fried’s $520M Robinhood Stake
Crypto lender BlockFi has sued a Sam Bankman-Fried holding company over his Robinhood stock, just hours after the crypto lender filed for bankruptcy. Bankman-Fried pledged the shares to BlockFi as col...
Will Crypto.com Thrive Or Take A Dive Post-FTX?
| Getty Images Key Takeaways Crypto.com’s CEO stated that the company’s exposure to FTX was limited to $10 million instead of the $1 billion many initially feared. Crypto.com reported that it had reco...
Dogecoin and Binance’s BNB tack on double-digit gains
Bitcoin and ether moved sideways for the most part last week, as some altcoins moved higher. Bitcoin was changing hands at about $16,559 at 8:30 a.m. ET Sunday, representing a decline of about ...
Crypto Tycoon Jihan Wu’s Matrixport Mulls New Funding At $1.5 Billion Valuation
Jihan Wu, cofounder and chairman of Matrixport. Matrixport Matrixport, the Singapore-based crypto financial services firm, has received $50 million in commitments from investors at a valuation of $1.5...
Binance Pledges Up To $2 Billion To Bail Out Distressed Crypto Firms As FTX Contagion Spreads
Changpeng Zhao, cofounder and CEO Binance, spoke at a summit in Lisbon, Portugal in early November. Piaras Ó Mídheach/Sportsfile for Web Summit via Getty Images Binance, the world’s largest cryptocurr...
The Last 10 Days in the FTX Saga: A Timeline
More and more details of the now-insolvent crypto exchange FTX surface every day, and the spillover effects are ever more unfortunate. The timeline below tracks major events since the Bahamian p...
Elon Musk criticizes Semafor report of Bankman-Fried’s Twitter shares
A spat between Elon Musk and a Sam Bankman-Fried-funded global news organization unfolded over Twitter as Musk branded Semafor’s reporting as lies. “As I said, neither I nor Twitter have taken a...
Sam Bankman-Fried says he’ll speak at New York conference
FTX founder Sam Bankman-Fried, who’s mostly kept to making statements on Twitter amid the collapse of the crypto exchange he once ran, said he’d be speaking with New York Times columnist A...
Apple Seeks Film Rights to Bankman-Fried Story: Report
The past month has been a rollercoaster ride in the crypto world, and one which may be coming to a theater or streaming service near you next. Apple is in talks with author and financial journalist, M...