New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business
According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J. Ray III, recently told members of the U.S. Congress that Joseph Bankman and “the family certainly received payments” from FTX.
The (Actual) Truth About FTX Revealed by Mr. Gullible
Mr. Gullible is portraying SBF and FTX of being victims. On the contrary, FTX/Alameda Research operated their companies poorly and committed fraud.
Sam Bankman-Fried Files New Application for Release on Bail
The attorneys representing SBF have reportedly submitted another bail application days after the initial attempt was turned down.
Top U.S. Rep Makes Shocking Claims, Says SEC Arrested SBF to Stop Congressional Hearing
Top U.S. Rep Makes Shocking Claims About SBF’s Arrest, Indicts Gary Gensler and SEC.
SBF Spent First Night in Prison in ‘Good Spirits’, Says Bahamas Acting Commissioner
FTX founder Sam Bankman-Fried spent his first night in prison “in good spirits,” the Nassau Guardian reported, citing Bahamas Acting Commissioner of Corrections Doan Cleare.
SBF’s Legal Battle Still Has “A Lot to Play Out,” According to Legal Commentators
Sam Bankman-Fried, former FTX CEO, faces eight accusations and could get 115 years in jail, but there is a "lot to play out" until he gets a final sentence over the coming months or even years, legal commentators said.
US Government Wants to ‘Send a Message’ to Crypto With SBF’s Arrest, Says Former US Prosecutor
The arrest of former FTX CEO Sam Bankman-Fried (SBF) has provided U.S. government regulators with a way to “send a message” to the crypto industry, said a former prosecutor for the U.S. Justice Department’s Securities and Commodities Fraud unit.
Crypto Community Probably ‘Cheering’ Sam Bankman-Fried’s Arrest — Animoca Founder
The co-founder of Animoca Brands Corp. believes that the arrest of Sam Bankman-Fried might have brought some relief for the crypto community, who are probably cheering it on.
SBF’s Bahamian Prison Reported for ‘Harsh’ Conditions and ‘Degrading Treatment’
After being denied bail in a Bahamas Magistrate Court, former FTX CEO Sam Bankman-Fried could spend up to two months in the country’s Fox Hill Prison, a facility with reported cases of physical abuse against prisoners and “harsh” conditions.
The Bahamas and US Attorneys at Conflict Over Control of FTX’s Data
The Bahamas and United States attorneys overseeing the restructuring procedures for Sam Bankman-Fried’s FTX appear to be at conflict on who should gain control of internal records of the now-defunct cryptocurrency exchange.
