Sam Bankman-Fried – Page 21 – Miami Crypto Coin

FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner

Post author:MiamiCrypto
Post published:January 21, 2023
Post category:cftc ftx Funding Sam Bankman-Fried United States Venture Capital

The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of the institutional investors.

SBF to forfeit $700M worth of assets if found guilty of fraud

Post author:MiamiCrypto
Post published:January 21, 2023
Post category:ftx FTX Bankruptcy Sam Bankman-Fried

While most of SBF’s have been seized, Federal prosecutor Damian Williams outlined that the government is also looking to take control of three of his affiliated Binance accounts.

Crypto Biz: SBF’s newest Excel spreadsheet reveals all

Post author:MiamiCrypto
Post published:January 20, 2023
Post category:Digital Currency Group ftx Sam Bankman-Fried Venture Capital Web3

FTX's debtors are applying "Herculean" effort to unearth the exchange's remaining assets. Meanwhile, Sam Bankman-Fried claims FTX US is solvent.

FTX bankruptcy lawyer: debtors face ‘assault by Twitter’ stemming from Sam Bankman-Fried

Post author:MiamiCrypto
Post published:January 20, 2023
Post category:ftx law Regulation Sam Bankman-Fried Twitter

The judge ruled there were no potential conflicts of interest sufficient to stop Sullivan & Cromwell from continuing to act as the debtors' counsel.

FTX CEO says he is exploring rebooting the exchange: Report

Post author:MiamiCrypto
Post published:January 19, 2023
Post category:Business Cryptocurrency Exchange ftx John Ray Sam Bankman-Fried

FTX Trading, doing business as FTX.com, was one of roughly 130 companies under FTX Group that filed for bankruptcy following the firm's reported liquidity crunch in November.

FTX profited from Sam Bankman-Fried’s inflated coins: Report

Post author:MiamiCrypto
Post published:January 18, 2023
Post category:Bankruptcy ftx FTX Token Sam Bankman-Fried

Former FTX CEO allegedly used his popularity to lure developers, and Alameda Research to inflate the price of certain coins.

FTX fallout: SBF trial could set precedent for the crypto industry

Post author:MiamiCrypto
Post published:January 18, 2023
Post category:Crimes Cryptocurrency Exchange Decentralized Exchange Fraud ftx Sam Bankman-Fried

The FTX saga is set to enter its next phase in October with the start of SBF’s trial. However, industry experts are concerned that prosecutors could use him to set…

FTX: it took ‘Herculean investigative effort’ to identify $5.5B in liquid assets

Post author:MiamiCrypto
Post published:January 17, 2023
Post category:Bankruptcy Business Cryptocurrency Exchange ftx Sam Bankman-Fried

Debtors said they had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following FTX filing for Chapter 11 bankruptcy.

‘Ninth circle of hell’ is reserved for SBF for his betrayal: Scaramucci

Post author:MiamiCrypto
Post published:January 17, 2023
Post category:Anthony Scaramucci ftx FTX Bankruptcy Sam Bankman-Fried Skybridge Capital

The SkyBridge founder opened up about his trust in FTX founder Sam Bankman-Fried which was ultimately broken after the exchange collapsed.

Law Decoded, Jan. 9-16: Gemini, Bithumb, Nexo are fresh targets for regulation and prosecution

Post author:MiamiCrypto
Post published:January 16, 2023
Post category:Binance Bulgaria cftc ftx New York New York State Nexo Sam Bankman-Fried SEC South Korea

While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia.