SBF Cashed Out $300M Following $420M FTX Fundraiser in 2021: Report
A new report by the Wall Street Journal claimed that the disgraced founder and former CEO of FTX took over 70% of the funds gathered from a funding round in…
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Future Kraken CEO Lashes Out at FTX ‘Thieves’
As the public opinion of former crypto hotshot Sam Bankman-Fried continues to wane, criticism aimed at him and his business is only growing fiercer. Jesse Powell, Kraken’s current CEO, who…
FTX May Have Committed Serious Fraud and Mismanagement: Bahamas Liquidators
One week after the implosion, legal woes for FTX have only intensified. According to the latest court filings from the company’s Bahamian liquidators, there are signs of “serious fraud and…
SBF Should Stop Tweeting and Fix his Issues, CZ Says
Changpeng Zhao – CEO of the world’s leading crypto exchange Binance – advised Sam Bankman-Fried to refrain from dropping misleading messages on Twitter and instead focus on his colossal problems…
New FTX CEO Blasts Management Practices Under Sam Bankman-Fried
John J. Ray III may have unwounded major corporate failures, but in over four decades of legal and restructuring experience, he claims to have never seen such “unprecedented” management failures…
FTX’s new CEO John Ray coldly addresses SBF’s erratic tweets
The new CEO of FTX gave a curt statement in response to the series of intermittent tweets by former CEO Sam Bankman-Fried.
FTX Investors Sue Bankman-Fried Over Yield-Bearing Crypto Accounts (Report)
FTX investors have sued the company’s ex-CEO Sam Bankman-Fried for illegally offering yield-bearing crypto accounts at the now insolvent exchange. The lawsuit, filed in Miami on Tuesday, alleges that FTX’s…
Former FTX CEO SBF Faces Possibility of Extradition to US for Questioning
Amidst speculation over Sam Bankman-Fried’s whereabouts, the authorities are mulling over extraditing the former CEO of the bankrupt crypto exchange, FTX, back to the United States. According to the latest…
FTX Collapse: African Crypto Industry Leaders’ Perspective and Advice to Regulators
The collapse of FTX and subsequent calls for tougher regulation by the likes of U.S. Senator Elizabeth Warren have increased the likelihood of regulators adopting even stricter crypto laws. In…
Despite FTX Bankruptcy, Kevin O’Leary Would Still Invest in SBF
The Canadian businessman and Shark Tank star Kevin O’Leary still believes Sam Bankman Fried’s future businesses could be worth investing in, despite losing money on FTX. O’Leary recently outlined the…
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