Semafor raised $25 million in a seed round in October 2022, of which $10 million came from SBF. They disclosed this on December 2, 2022, but at the time, they had no plans for a buyback. After inter...
Tag: SBFs
Former FTX US President Reveals SBF’s Management Flaws
An ex-President of FTX US has revealed the reasons for his resignation from the position. He said that the inexperienced management destroyed the firm. Harrison explained that SBF had tried to block h...
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...
Media power group files request to reveal SBF’s secret bail signatories
A collection of news media giants requested that the court handling fallen crypto mogul Sam Bankman-Fried’s criminal case reveal who, other than his parents, signed his $250 million bail bond. T...
FTX Bankruptcy Filing Reveals SBF’s Connection With VC Firms
FTX exchange, a popular cryptocurrency exchange which was widely used by traders to buy and sell coins and tokens filed for bankruptcy on 11 November. Since then the investigation team has been on the...
U.S. Government seizes SBF’s Robinhood shares
The U.S. Government officially seized FTX founder Sam Bankman-Fried‘s (SBF) Robinhood shares, which equates to $455 million, as reported by WatcherGuru. SBF acquired 7.6% of Robinhood for $648.3...
Simon Dixon Tweets on SBF’s Ownership Claim on Robinhood Shares
Simon Dixon tweeted that it is not surprising if SBF gets the $450 million shares from Robinhood. He referred to SBF’s request to hold his shares of Robinhood for meeting the latter’s expenses for the...
Is SBF’s Effective Altruism Philosophy To Blame for the Fall of FTX?
Effective Altruism, the social movement and its heroes, have garnered a flurry of unwanted attention in the days since the fall of its most famous proponent and patron saint Sam Bankman-Fried, aka SBF...
SBF’s Lawsuit Intensifies: DoJ to Seize $460M Stake in Robinhood
On Tuesday, Sam Bankman-Fried, former CEO of FTX, proclaimed his innocence regarding the various counts of U.S. criminal charges brought against him. Bankman-Fried, accompanied by his lawyer Mark Cohe...
SBF’s Not-Guilty Plea Shall Worsen Matters For Him: Attorney John E. Deaton Speaks Out
Rumours about Sam Bankman-Fried (SBF) pleading guilty circulated before the news was confirmed. “SBF Is Toast”: Deaton During a FOX Business interview on January 3, Crypto Attorney John E. Deaton st...
US Prosecutors Likely to Probe SBF’s Alameda-linked Accounts
2023 is here, but Sam Bankman-Fried’s (SBF) problems may not leave his side any time soon. As the United States authorities are planning to investigate against the accounts that may be linked with SBF...
SBF’s Alameda Issues Started Long Before Crypto Crash
Join Our Telegram channel to stay up to date on breaking news coverage The reputation of Sam Bankman-Fried’s trading company, Alameda Research LLC, served as the foundation for the cryptocurrency exch...
SOL Now $10, SBF’s Plea Deal, And…
After Alameda Research CEO Caroline Ellison entered into a plea deal for leniency in her own case, Sam Bankman-Fried is set to plead out himself. Let’s dig deeper into the latest news in the FTX debac...
SBF’s lack of risk aversion led to FTXDM implosion
Victor Haghani, one of the founding partners of LTCM, applied the economic theory of choice under uncertainty to try and explain how FTXDM crumbled to the ground. In layman’s terms, “choice under unc...
Here’s how SBF’s fake electronics outlet ‘North Dimension’ looks like
As the malpractices of the FTX continue to pop up and be uncovered by the prosecution, it turns out the disgraced crypto exchange’s customers were sending money to a fake electronic online shop, which...
SBF’s Plea in FTX Fraud Case to Happen Next Week: Report
Former FTX CEO Sam Bankman-Fried, otherwise known as SBF, will enter a plea on January 3, 2023, regarding the criminal charges filed against him in the aftermath of the FTX collapse. The latest develo...
Have Gary Wang and Caroline Ellison’s Testimonies Weakened SBF’s Case?
A few days ago, it was revealed that Gary Wang and Caroline Ellison, associates of SBF, had accepted plea bargains and admitted guilt, causing surprise among many. The admission of guilt by a co-consp...
SBF’s $546m loan from Alameda to buy Robinhood stake comes to light
Sam Bankman-Fried reportedly received a loan from his quantitative trading firm Alameda Research, to facilitate the purchase of his stake in American stock brokerage firm Robinhood Markets. This devel...
SBF’s Judge’s Husband Used To Work With FTX
Join Our Telegram channel to stay up to date on breaking news coverage The judge in charge of Sam Bankman Fried’s criminal prosecution resigned late Friday, citing a possible conflict of interest resu...
How Does the IRS Treat Your FTX Losses? SBF’s Prosecution will tell
Individual FTX losses can either be claimed as ‘capital loss’ or ‘theft loss.’ Capital loss can offset business or job income by upto $3,000. Theft loss can offset any income w...
SBF’s Judge Steps Down, Cites Conflict of Interest
Judge Abrams recused herself due to potential conflict of interest involving husband’s firm and past work with FTX. SBF partner Ellison pleads guilty and cooperates with authorities. A series of legal...
$250 Million For SBF’s Bail! Where Will These Funds Come From? Here’s The Inside Story
Sam Bankman-Fried was refused bail by the court a few days ago, while he was still in the Bahamas. After being extradited to the United States, the fugitive secured bail of up to $250 million. The dis...
Who Paid $250 M For SBF’s Bail? Is He Still Using Clients Funds?
SBF Bail News: After the release of Sam Bankman-Fried on Thursday on a $250 million bail bond, the crypto community is wondering about the turn of events. The collapse of FTX, Alameda Research and the...
FTX Wants SBF’s $450M Robinhood Stake Frozen After BlockFi Sues
FTX has asked a US court to freeze $450 million in Robinhood shares following a competing claim from embattled crypto lender BlockFi. BlockFi declared bankruptcy and sued a Sam Bankman-Fried holding c...
Crypto Twitter confused by SBF’s $250M bail and a return to luxury
Crypto Twitter has seemingly taken issue with Sam Bankman-Fried’s $250 million bail bond, allowing him to spend Christmas in his parent’s Palo Alto home without paying a single dime upfront. The form...
Caroline Ellison And Gary Wang – SBF’s Wingmen At FTX
The FTX rigmarole continues and this time, two top executives of the disgraced crypto empire have emerged from silence and are now in the custody of the U.S. authorities. Former Alameda Research CEO C...
Non-Profit ProPublica to Return SBF’s Money
Alex Dovbnya ProPublica has decided to return the money that was given by disgraced FTX founder Sam Bankman-Fried Nonprofit investigative news outlet ProPublica has announced that it will be returning...
SBF’s Timely Arrest Was Not Coincidental: Tom Emmer
U.S. Congressman Tom Emmer doesn’t believe that the arrest of FTX founder Sam Bankman-Fried (SBF) – which allowed him to miss a scheduled congressional hearing on December 13 – was purely due to good ...