Binance CEO Changpeng “CZ” Zhao on Friday strongly criticized Shark Tank fame Kevin O’Leary for defending former FTX CEO Sam Bankman-Fried. He says Kevin O’Leary losing $15 million that FTX paid to him for being a spokesperson have changed his thinking about crypto. It also made him defend and support a fraudster that misappropriate customer funds.

Zhu Su – one of the co-founders of the collapsed cryptocurrency hedge fund Three Arrows Capital – is firing shots at Sam Bankman-Fried over alleged media influence, control, and deflection of hard questions.

Sam Bankman-Fried (SBF), former CEO of collapsed FTX crypto exchange is maintaining its media presence amid the mounting legal troubles. Earlier, SBF announced that he is willing to testify in front of the key US Senate committee over the FTX crash. Meanwhile, reports suggest that his lawyers have failed to respond to the hearing request.

Sam Bankman-Fried messed up a lot of lives when his crypto exchange FTX collapsed. He lost billions of dollars belonging to customers who deposited their savings with FTX, caused the bankruptcy of at least two other crypto firms, and left hundreds of his own employees jobless. Now, the damage appears to have spread to his parents, both of whom have been scrubbed from Stanford University Law School offerings next semester, where they were longtime and influential professors.

A watchdog group has demanded an investigation into Sam Bankman-Fried's political donations, claiming the former FTX CEO  “admitted” to donating tens of millions to Republicans under the table in violation of federal law.

The tango with Tether is about to come to an abrupt halt, not because Tether isn’t fully backed, that’s not the right question, but because it’s backed by the wrong sort of dollars.

Former FTX CEO Sam Bankman-Fried and his attorney did not respond to the Senate Banking Committee's demand that he testify or otherwise cooperate with an investigation into his failed corporate empire. 

The collapse of FTX caused 1 million victims. A tragedy that contrasts with the extraordinary daily life of its employees and its founder.

Regarding the recent news surrounding the FTX collapse and its founder, SBF’s Capitol Hill call — <a href="https://coingape.com/tag/kevin-oleary/">Kevin O’Leary</a> of the Shark Tank fame, called for calm on a talk show on December 8. Kevin appeared to be headfast on the fact that, it was incorrect to call the ex-CEO of FTX, Sam Bankman-Fried (SBF) guilty unless the U.S. authorities and judiciary system first tried him.

Terra founder Do Kwon&nbsp;accused FTX’s Sam Bankman-Fried of shorting BTC to handicap the Luna Foundation Guard’s reserves, citing that Alameda has a record of borrowing lump sums in BTC on the de-peg dates of the algorithm-based stablecoin, formerly called UST.&nbsp;&nbsp;

FTX Latest News: According to reports, FTX new CEO John Ray had along with bankruptcy lawyers met with Manhattan federal prosecutors investigating the <a href="https://coingape.com/tag/ftx/">FTX</a> collapse. The prosecutors are also looking into allegations that FTX misused customer funds and lost billions or dollars. In a different investigation, the US SEC is also looking into allegations of misuse of user funds by FTX US. It is said that the meeting took place on Thursday in New York. Reports also indicated that the prosecutors were looking into whether FTX misappropriated customer funds for trades.

U.S. lawmakers have penned a letter pressing Federal Reserve Chairman Jerome Powell for information on American banks’ ties to crypto following the collapse of FTX.&nbsp;

In response to reports that U.S. House Financial Services Committee Chairman Maxine Waters was unwilling to compel FTX founder Sam Bankman-Fried to testify before a House Committee,&nbsp; tweeted that a subpoena of Bankman-Fried was “definitely on the table.” Waters made the statement in response to the allegations surfacing online.

US prosecutors are also investigating whether Sam Bankman-Fried is responsible for the collapse of the Terra ecosystem in May.

The former CEO of the bankrupt crypto exchange FTX – Sam Bankman-Fried (SBF) – might also be involved in Terra’s crash. Federal prosecutors have launched an investigation to determine whether he manipulated trades that led to the collapse of UST and LUNA earlier this year.

As the New York Times reports today, federal prosecutors are investigating whether FTX founder Sam Bankman-Fried and his hedge fund Alameda orchestrated the trade to cause the collapse.

Federal prosecutors are investigating whether Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse of two cryptocurrencies in May.

Senators Sherrod Brown (D-Ohio) and Pat Toomey (R-Pa.), respectively the chair and ranking member of the committee, wrote a public letter to Bankman-Fried, who resigned from the exchange the same day it filed for bankruptcy last month.

The host of CNBC’s Mad Money show, Jim Cramer, has advised investors to sell their cryptocurrencies following the collapse of crypto exchange FTX. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website. He said Monday:

I believe SBF is fully aware of how he comes across in the media when he makes these comments. He is building an image for himself — even if that’s the image of a clueless idiot.