Breaking: SBF’s Lawyers Request Bail in Bahamas Magistrate Court Pending Extradition
According to local sources, on Dec. 13, crypto executive Sam Bankman-Fried's (SBF) lawyers have requested bail in a Bahamas' Magistrate Court <a href="https://cointelegraph.com/news/ftx-founder-sam-bankman-fried-arrested-and-in-custody-attorney-general">after his arrest</a> on Dec. 12 pending extradition request by U.S. authorities. The move comes after presiding judge Chief Magistrate JoyAnn Ferguson-Pratt stated earlier today that SBF had the right to request bail.
SBF Blames Binance CEO for FTX’s Collapse; Claims CZ Played Him
Sam Bankman-Fried (SBF), the disgraced founder and former CEO of bankrupt FTX, has continued to blame Changpeng Zhao (CZ), of Binance, for the downfall of FTX despite reports that confirm SBF mismanaged users’ funds.
Breaking: Manhattan Court Finds FTX Founder SBF Guilty To Wire Fraud
The <a href="https://coingape.com/tag/ftx/">FTX</a> founder has found himself in a whirlwind of federal indictments today, with the Securities And Exchange Commission charging <a href="https://coingape.com/tag/sam-bankman-fried/">Sam Bankman-Fried</a> with defrauding investors by using billions of dollars of customer funds for undisclosed venture capital and now also by the Manhattan federal court where SBF has been charged with conspiracy to commit wire fraud.
FTX's Bahamas Liquidators Seek to Exclude Over $200M Worth of Luxury Properties From Liquidation
The Bahamas liquidators are seeking to exclude over $200 million worth of luxury properties in the country from the estate of FTX, as the bankrupt crypto exchange seeks to wind up and repay creditors in the U.S., court documents filed on Monday revealed.
US Government Files Charges Against Sam Bankman-Fried
The United States Government has finally filed formal charges against the ex-chief of the now-defunct and discredited FTX. Since the very time FTX filed for bankruptcy, it has been under the scanner of the US authorities. These were the innocent persons who seemingly had burnt their fingers due to his fraudulent activities. They wanted their pound of flesh and fast.
FTX CEO John Ray Blames Collapse on ‘Inexperienced and Unsophisticated Individuals’ in Testimony Following SBF Arrest
FTX CEO John Ray III Dec. 13 testimony to the U.S. Congress revealed that the bankrupt exchange commingled assets and stored wallets’ private keys without encryption.
The Founder and Former CEO of FTX, Sam Bankman-Fried Arrested in the Bahamas
The former billionaire, Sam Bankman-Fried (Founder and former CEO of FTX), was arrested on Monday in the Bahamas based on criminal charges filed in the United States, announced the Office of the Attorney General of The Bahamas.
SBF Charged With Conspiracy, Wire Fraud, Money Laundering by Justice Department, Securities Violations by SEC
After weeks of speculation, the U.S. Department of Justice has officially filed criminal charges against Sam Bankman-Fried, the former CEO and founder of FTX. Bankman-Fried was arrested on Monday in the Bahamas related to charges by U.S. officials.
$75M worth of FTX’s political donations at risk of being recalled due to bankruptcy
Following the collapse of FTX and its bankruptcy filing on Nov. 11, $73 million worth of its political donations are currently at risk of being recalled to repay the failed exchange’s creditors, according to a report by Bloomberg.
Bahamian AG and Prime Minister Announce Sam Bankman-Fried’s Arrest in the Bahamas
Disgraced FTX co-founder Sam Bankman-Fried (SBF) has been arrested in The Bahamas, according to local reports citing the country’s attorney general Ryan Pinder. According to Pinder, SBF’s arrest “followed receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition.”
