15 Breaking News found.
  • Jan 04, 2023

    The former boss of collapsed cryptocurrency exchange FTX has officially denied charges that he defrauded customers and investors. Sam Bankman-Fried pleaded not guilty in a US court to claims that he took customer deposits at FTX to fund his other firm, Alameda Research, buy property and make politi...

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  • Jan 04, 2023

    Sam Bankman-Fried is expected on Tuesday to enter a plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrupt FTX cryptocurrency exchange. Sam Bankman-Fried is expected on Tuesday to enter a plea of not guilty to criminal charges that he chea...

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  • Dec 30, 2022

    Disgraced FTX founder Sam Bankman-Fried borrowed $546 million from Alameda Research to purchase Robinhood shares this year, new court documents show. The indicted 30-year-old admitted he and co-founder Gary Wang took out the money to buy the 7% stake in Robinhood, according to an affidavit Bankman-F...

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  • Dec 30, 2022

    FTX founder and accused crypto-crook Sam Bankman-Fried met with senior White House officials on at least four occasions in the months leading up to his firm's massive implosion, Bloomberg reports. On Sept. 8, SBF met with senior Biden adviser Steve Ricchetti in a previously unreported encounter, Whi...

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  • Dec 30, 2022

    Let me tell you a story about what happens when you, and others, leave your bitcoin on exchanges. You might be surprised to hear what that means for your holdings. It might sound a lot like your own. Let's call our character Bill. Bill has been cautiously watching bitcoin for years, hearing about it...

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  • Dec 30, 2022

    Sam Bankman-Fried, the former CEO of FTX, was granted bail last week on the conditions of a $250 million bond that he would be on house arrest at his parent's house in Palo Alto, California. His parents secured his bail with the equity in their house. Word has quickly spread of SBF's location, promp...

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  • Dec 22, 2022

    Sam Bankman-Fried’s ex-girlfriend Caroline Ellison, Alameda CEO, pleaded guilty to charges of fraud and conspiracy. According to US Attorney Damian Williams, Caroline Ellison is cooperating with prosecutors in the Southern District of New York. The SDNY also charged FTX co-founder Gary Wang with fra...

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  • Dec 22, 2022

    On June 6, 2021 I published a column titled “We’ll Know Crypto Is For Real When Its Coins Start Collapsing.” More than most want to admit or realize, failure is growth. A “market” for crypto money defined by the various “currencies” going up, up, and up is less information pregnant. It’s real, but u...

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  • Nov 23, 2022

    It turns out that it wasn't just the "executives" running the show at FTX and Alameda who were enjoying the luxuries of owning mansion in the Bahamas... Sam Bankman-Fried's parents were also among a group that "bought at least 19 properties worth nearly $121 million in the Bahamas over the past two ...

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  • Nov 22, 2022

    CME Chairman and Chief Executive Officer Terry Duffy has been the talk of social media today, after a podcast appearance with CNBC's Guy Adami and Dan Nathan began making its rounds on Monday morning. Among other topics discussed on the podcast was Duffy recalling his first meeting with Sam Bankman-...

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  • Nov 22, 2022

    The collapse of Sam Bankman-Fried and his fraudulent cryptocurrency empire at FTX is news at its most entertaining. Who doesn’t love the story of a bigshot billionaire revealed to be an outright fraud? It’s black-and-white. FTX owes billions in debt and doesn’t actually own a dime of the assets it c...

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  • Nov 21, 2022

    FTX founder Sam Bankman Fred and his team members have risen from relative obscurity in Washington to be among the… biggest donors In American politics, he has contributed more than $70 million to election campaigns in less than 18 months. Mr. Bankman Fried personally gave $40 million to politicians...

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