Former FTX Executive Donated Millions to Democratic Party Beginning in 2020
Former FTX Director of Engineering Nishad Singh donated millions to candidates and causes aligned with the Democratic Party beginning in 2020, <a href="https://www.cnbc.com/2022/12/06/former-ftx-engineer-quietly-became-millionaire-democratic-donor.html">CNBC</a> reported.
FTX’s Sam Bankman-Fried Was a ‘Master Manipulator,’ Says Binance CEO CZ
Binance CEO Changpeng “CZ” Zhao again denied that Sam Bankman-Fried was ever <a href="https://decrypt.co/114974/cz-says-sam-bankman-fried-was-badmouthing-binance-in-dc-but-they-werent-in-a-battle" target="_blank">a rival</a>, previously calling SBF a “<a href="https://decrypt.co/114923/only-a-psychopath-can-write-that-tweet-binance-ceo-cz-sbf" target="_blank">psychopath</a>” for even suggesting such a dynamic existed between the two crypto executives.
Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent
Rifts have emerged between defaulted crypto trading firm Orthogonal Trading and its own lending unit, Orthogonal Credit, after an <a href="https://www.coindesk.com/markets/2022/12/05/maple-finance-severs-ties-with-orthogonal-trading-alleging-it-misrepresented-financial-position/">apparent default on some $36 million of loans</a> on the blockchain-based lending platform Maple Finance.
Report Suggests FTX-Based Synthetic Stocks May Have Been Used to Manipulate AMC Token Value
A report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. In May 2021, FTX offered 36 tokenized stocks but speculators believe it’s questionable whether or not the firm actually held the real stocks in the first place.
SBF reportedly hires Ghislaine Maxwell’s attorney, Mark Cohen
Bankrupt <a href="https://cryptoslate.com/companies/ftx/">FTX</a> founder <a href="https://cryptoslate.com/people/sam-bankman-fried/">Sam Bankman-Fried</a> (SBF) has hired white-collar defense attorney Mark S. Cohen, as reported by <a href="https://www.reuters.com/technology/ftxs-bankman-fried-hires-white-collar-defense-attorney-mark-cohen-2022-12-06/">Reuters</a>.
Alameda’s Capital Portfolio Reveals Highest Investments in Polygon, Hole, and Port Finance
The capital portfolio of the fallen quantitative cryptocurrency trading firm Alameda Capital was recently <a href="https://www.ft.com/content/aaa4a42c-efcc-4c60-9dc6-ba6cccb599e6">released</a> by Financial Times, revealing some interesting investments.
Breaking: Elon Musk’s SpaceX & Boring Company Show Up As Alameda’s Top Investments
FTX’s former CEO, Sam Bankman-Fried may have become synonymous with the FTX exchange collapse, but it’s much more than that. <a href="https://coingape.com/tag/alameda-research/">Alameda Research</a>, the trading firm of the FTX empire plays a much more crucial role in the whole FTX drama.
Chairwoman of House Financial Services Committee Says SBF Has No Excuse To Skip Scheduled Testimony
Top U.S. Lawmaker Calls Out SBF For Planning to Delay A Testimony on FTX Fall.
Texas Enforcers Want Sam Bankman-Fried To Attend the Hearing in February: Law Decoded
While the extradition of the failed exchange’s founder Sam Bankman-Fried seemed pretty logical from the beginning of the saga, last week, the 30-year-old got the first official call: The Texas State Securities Board (SSB) invited the former CEO to attend the hearing on the alleged sale of unregistered securities on Feb. 2. SSB’s director of enforcement Joe Rotunda hopes to get a Cease and Desist order from the judge during the hearing.
Subpoena SBF To Testify Before US Congress, Demands Crypto Twitter
Crypto Twitter demands sending a subpoena to former FTX CEO Sam Bankman-Fried (SBF) to make him testify before the U.S. Congress. After SBF refuses the invitation by Maxine Waters, Chairwoman of the U.S. House Committee on Financial Services, to testify at the scheduled hearing on December 13, Waters compels SBF to attend the hearing on the said date.
