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HomeFTX

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Aljazeera International

FTX teams in US, Bahamas to coordinate crypto recovery efforts. Suggestion get the money back from the U.S. Congress political establishment.

January 6, 2023 Mariel Alumit

EconomyCrypto FTX’s United States-based bankruptcy team have agreed to coordinate with liquidators winding down the crypto exchange’s operations in the Bahamas, resolving a dispute that threatened the recovery of what could be billions of dollars […]

FTX
Aljazeera International

FTX founder Bankman-Fried agrees to extradition to US: lawyer

December 20, 2022 Mariel Alumit

Sam Bankman-Fried may be ready to come to the United States to face criminal charges related to the collapse of cryptocurrency exchange FTX following a chaotic court appearance in the Bahamas. A lawyer for Bankman-Fried […]

Crypto

Lawyers Say Bankman-Fried Needs Better Defense Than ‘I F*cked Up’

December 17, 2022 Mariel Alumit

FTX founder and Democrat megadonor Sam Bankman-Fried’s ‘I’m Sorry, I fucked up‘, ‘It wasn’t me, but I’ll get to the bottom of this whole mess’ act needs some serious work, according to lawyers cited by […]

Biden
Political

“I Cannot Speak To This”: White House Won’t Say Whether Biden Will Return Donations From FTX’s Bankman-Fried

December 15, 2022 Mariel Alumit

With Sam Bankman-Fried now officially in custody for allegedly swindling his investors out of “at least $1.8 billion”, questions have begun to swirl about whether or not campaign donations made by the former FTX CEO […]

FTX
Zero Edge

Watch Live: Senate Holds FTX Collapse Hearing As SBF Faces 115 Years In Prison

December 14, 2022 Mariel Alumit

Yesterday we saw FTX’s new CEO John Ray III accuse Sam Bankman-Fried of “old school” embezzlement during four hours of scorching congressional testimony, just one day after Bankman-Fried was arrested in the Bahamas and accused […]

FTX
Aljazeera International

FTX carried out ‘old-fashioned embezzlement’: CEO

December 13, 2022 Mariel Alumit

Poor management practices and inexperienced leaders led to FTX’s implosion, the crypto exchange’s new chief executive, John Ray, told United States legislators, shortly after regulators charged founder Sam Bankman-Fried with defrauding investors. “The FTX group’s […]

Aljazeera International

US charges FTX’s Bankman-Fried with fraud

December 13, 2022 Mariel Alumit

US federal prosecutors on Tuesday are alleging Sam Bankman-Fried committed fraud and violated campaign finance laws, and, in addition, the founder and former CEO of FTX faces charges by US regulators. The 30-year-old Bankman-Fried arrived […]

FTX
Crypto

Watch Live: New FTX CEO Throw SBF Under The Bus In Congressional Hearing

December 13, 2022 Mariel Alumit

While Maxine Waters is ‘disappointed’ that her favorite crypto donor will not be attending this morning’s hearing on the FTX collapse (since he’s in jail), we do get to hear straight from one horse’s mouth […]

FTX
Crypto

“Conspiracy To Defraud The United States”: Feds Charge FTX Founder With Campaign Finance Violations

December 13, 2022 Mariel Alumit

FTX founder Sam Bankman-Fried was charged with eight criminal counts, including conspiracy and wire fraud for allegedly misusing billions of dollars in customers’ funds before the spectacular collapse of his cryptocurrency empire.   The indictment, […]

FTX
Finance

FTX Bankruptcy Puts $73 Million In Political Donations At Risk Of Clawbacks

December 12, 2022 Mariel Alumit

At least $73 million in political donations tied to Sam Bankman-Fried’s FTX , showered mostly on high-ranking Democratic politicians, may be at risk of being clawed back through the crypto empire’s bankruptcy, as lawyers search […]

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