After the epic collapse of Sam Bankman-Fried’s entire crypto empire this week, even Elon Musk took a moment from his extremely chaotic week at the helm of Twitter to declare that he never truste...
Tag: Sam
Sam Bankman-Fried Fooled the Crypto World and Maybe Even Himself
(Bloomberg) — Before the world began to grasp the truth about Sam Bankman-Fried — before the panic, the investigations and, at last, the brutal collapse — an inkling of doom began to...
Rumors continue to fly surrounding Sam Bankman-Fried and the fall of FTX
The crypto community continues to be bombarded with rumors and conspiracy entering into the fifth day of FTX’s fall. From reports that Sam Bankman-Fried (SBF) was arrested on the tarmac at The Bahamas...
Larry Summers has some choice words for Sam Bankman-Fried and FTX
The FTX downfall is not so much a Lehman moment as an Enron one. So says former Treasury Secretary Larry Summers about the once-heralded cryptocurrency exchange that today declared bankruptcy and anno...
Sam Bankman-Fried To Be Investigated By the U.S. SEC
Following the spectacular demise of the crypto exchange FTX, its CEO, Sam Bankman-Fried, is now facing a probe by the United States Securities and Exchange Commission (SEC). According to reports by Bl...
Sam Bankman-Fried’s Net Worth Goes to Zero As Crypto Catastrophe FTX Files for Bankruptcy
Embattled crypto exchange FTX is filing for bankruptcy as its founder resigns from his role as the firm’s chief executive. In a new press release, FTX says it is filing for Chapter 11 bankruptcy while...
Sam Bankman-Fried’s World Is Tearing At The Seams
Advertisement     FTX is in trouble, and things are falling apart for the exchange that was once ranked amongst the top three industry players. The deal with Binance h...
FTX files for bankruptcy, Sam Bankman-Fried steps down from CEO role
FTX, alongside 130 affiliated companies including FTX.US and Alameda Research, has filed for Chapter 11 bankruptcy amid the liquidity crunch. Press Release pic.twitter.com/rgxq3QSBqm — FTX (@FTX_Offic...
FTX Files For Bankruptcy—Former Billionaire Sam Bankman-Fried Resigns As CEO
Topline Embattled cryptocurrency exchange FTX announced on Friday morning it has commenced Chapter 11 bankruptcy proceedings and that its former billionaire CEO Sam Bankman-Fried has resigned from the...
Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’
In one of his first public statements since rumors and concerns about FTX’s insolvency flooded the crypto market, CEO Sam Bankman-Fried, or SBF, has said: “I’m sorry.” In a Nov. 10 Twitter thread, SBF...
Washington, D.C.’s Buddy Sam Bankman-Fried Has Some Explaining to Do
Last month, in the span of a few days, the man known as SBF appeared at no fewer than three major Washington events, with lawmakers, prominent bankers and financial academics in the audience. In the e...
People charmed by FTX CEO Sam Bankman-Fried will be ‘looking and feeling fairly silly,’ Larry Summers warns of crypto crackdown
The exponentially increasing troubles at FTX, previously one of the largest crypto exchanges in the world, could be the catalyst to increased federal regulation of the cryptocurrency world, warned for...
FTX CEO Sam Bankman-Fried Tells Investors the Troubled Exchange Needs Cash To Avoid Bankruptcy: Report
The CEO of the cash-strapped FTX crypto exchange is reportedly warning investors that the company will collapse if it fails to get additional capital. Citing a person familiar with the matter, Bloombe...
‘I’m sorry, I f****d up.’ Sam Bankman-Fried needs $4 billion. Fast
Sam Bankman-Fried is on a race to secure $4 billion to save FTX, after rival Binance ditched its 11th-hour bid to buy the collapsing crypto exchange. Bankman-Fried reportedly told investors on Wednesd...
‘I Sincerely Apologize’ – Sam Bankman-Fried Breaks Silence on Collapse of Crypto Exchange FTX
Sam Bankman-Fried is apologizing for the collapse of his billion-dollar crypto exchange, FTX. In a tweetstorm that breaks a two-day period of silence, Bankman-Fried offers new details on what he says ...
Sam Bankman Fried’s Empire FTX Facing Scrutiny
6 hours ago | 2 mins read Editors News SEC, CFTC, and DOJ are investigating FTX. SEC investigation began before Binance purchased FTX.com. The Sam Backman Fried exchange FTX is under regulatory scruti...
The many lies of Sam Bankman-Fried
Until recently, Sam Bankman-Fried (SBF) had one of the largest fortunes in the digital industry world, with an estimated net worth exceeding $16 billion. Yet now the world can see the truth: SBF lies ...
Sam Bankman-Fried Tells Investors FTX Needs $8 Billion Bailout
The announcement came in a call to investors on Nov. 9, just after Binance pulled out of the deal to acquire FTX. SBF said he hoped the beleaguered exchange could raise as much as $3-4 billion in equi...
SEC Probing FTX Asset Crisis, Sam Bankman-Fried Crypto Empire
FTX SEC Probe news: Sam Bankman-Fried’s FTX is now under the crosshairs of the US SEC and CFTC after the exchange’s liquidity crisis played out. The US regulators are probing the manner in which FTX h...
The Downfall of Sam Bankman-Fried’s FTX: The Industry Reacts
The rise and fall of Sam Bankman-Fried’s FTX exchange has already had a profound impact on the industry. Bankman-Fried is among the most influential political dealers in crypto, and so regulators and ...
Sam Bankman-Fried Not In The Bloomberg’s Billionaire Club Anymore
Following the crisis in FTX, the firm’s CEO, Sam Bankman-Fried (SBF), has been trying to salvage the exchange. He has been gathering resources and funds from other subsidiaries and SBF-owned companies...
FTX founder Sam Bankman-Fried removes ‘assets are fine’ flood from Twitter
Sam Bankman-Fried, founder and CEO of the troubled cryptocurrency exchange FTX, appears to have retracted his words about the safety of client holdings on FTX. Bankman-Fried has deleted a Twitter thre...
Sam Bankman-Fried ya no es billonario tras perder US$14.600M de la noche a la mañana
Bankman-Fried, quien se describe a sí mismo como “altruista eficaz”, había prometido a principio de año que donaría a caridad la mayor parte de su fortuna, que para ese entonces estaba valuada en alre...
Solana Price Drops Amid Sam Bankman-Fried’s FTX Scandal
13 seconds ago | 2 mins read Altcoin News The total Solana liquidated recorded $12.45 million in the last 24 hours. Solana (SOL) is down by 93% from its all-time high. The current scandal over Sam Ban...
Sam Bankman-Fried’s ‘Emperor’ Aura Makes Downfall a Crypto Stunner
(Bloomberg) — Sam Bankman-Fried was supposed to be different than the run-of-the-mill crypto types. He was this wunderkind, a 30-year-old with a preternatural gift for math who had quickly built...
Sam Bankman-Fried’s net worth fell 93% in 1 day, loses Billionaire status
The Bloomberg Terminal has updated its estimate of FTX CEO Sam Bankman-Fried’s net worth on Nov. 8 to $991 million, down from $16 billion the day before. Source: Bloomberg The reduced estimate that ta...
Sam Bankman Fried Confirms FTX Buyout Deal, Thanks CZ For Help
Following all of the rumors surrounding the cryptocurrency exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) confirmed that his company is planning to buy its rival FTX. According to CZ, he w...
The Story of Sam Bankman-Fried’s Backroom Deal With Binance’s CZ
We may never know how close Sam Bankman-Fried’s (SBF) crypto empire came to collapse, or the collateral damage that would have caused for the industry, but we do know the principal risks at play. And ...
FTX ‘effectively paused’ withdrawals, CEO Sam Bankman-Fried tells employees
FTX.com effectively paused withdrawals, CEO Sam Bankman-Fried told staff via Telegram, according to Reuters. The exchange — which Binance has struck a deal to acquire — experienced around $6 bi...
Sam Bankman-Fried and Changpeng Zhao feud is not good for crypto – crypto.news
According to OKX founder Star Xu, the ongoing feud between FTX’s Sam Bankman-Fried and Changpeng Zhao “CZ” will not benefit the cryptocurrency market. He fears that FTX may become another LUNA, and ur...
‘I have never before seen a CEO take responsibility as he does’: investor Bill Ackman comments on Sam Bankman-Fried in now-deleted Tweet
Bill Ackman, famous hedge fund billionaire investor, defended former chief executive of crypto exchange FTX Sam Bankman Fried’s leadership in a now deleted Tweet on Thursday. “You have to give @SBF_FT...