FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

According to two sources close to FTX, Sam Bankman-frito, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave

Los deudores de FTX informan de un déficit de 8.900 millones de dólares en fondos de clientes y activos "altamente mezclados" en la última presentación

En marzo 2, 2023, Los deudores de FTX publicaron su segunda presentación para las partes interesadas, que contiene un análisis preliminar del ahora desaparecido intercambio de criptomonedas’s deficiencias. La última presentación revela un déficit significativo, como aproximadamente $2.2 mil millones de la empresa’Los activos totales se encontraron en…

Bahamian Government Officials Allegedly Asked SBF to Mint Millions of Dollars in New Tokens Amid the FTX Collapse

Los lunes, court documents from lawyers involved with the FTX Trading LTD Chapter 11 bankruptcy case allege that the government of The Bahamas asked the disgraced FTX co-founder Sam Bankman-Fried (SBF) to mint new crypto tokens. The lawyers detailed that it

US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research

Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX CEO Sam Bankman-Fried (SBF) to testify. As the founder of FTX and Alameda Research, “you must answer for the

FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated

According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF transferred $10 billion in customer funds to Alameda

Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals

Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX teamto prioritize the preservation of franchise value as best we can in these difficult

El Fondo de Pensiones de Maestros de Ontario cancela toda la inversión en el criptoexchange FTX en quiebra citando un "fraude potencial"

Profesores de Ontario’ Plan de pension (OTPP), uno de los planes de pensiones más grandes del mundo, está amortizando su inversión en el criptoexchange FTX en quiebra. “Informes recientes sugieren un posible fraude realizado en FTX, lo cual es profundamente preocupante para todas las partes.,” la…

Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud

Former U.S. Treasury Secretary Lawrence Summers has compared crypto exchange FTX to Enron, noting that the case is a classic fraud rather than the complexities of cryptocurrency regulation. He said the regulatory community ought to draw two lessons from the collapse

Troubled Crypto Exchange FTX Files for Chapter 11 Bankruptcy Protection, CEO Steps Down

The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Investigación de Alameda, and approximately 130 additional affiliated companies have filed for Chapter 11 bankruptcy protection in Delaware. FTX’s Parent Company, Investigación de Alameda, y…