Coinbase CEO: Even the Most Gullible People Should Not Believe SBF
Coinbase’s chief executive doesn’t buy SBF’s story about the missing $8 billion.
SBF Says Alameda Research Received Preference on FTX
Sam Bankman-Fried, the former Chief Executive Officer (CEO) of now-bankrupt cryptocurrency firm FTX has recently made some intriguing revelations.
SBF Publicly Punts on U.S. House Hearing Invitation
Sam Bankman-Fried today replied to a Friday invitation from U.S. Rep. Maxine Waters on Twitter, saying he’s “not sure” he’ll be ready to participate in a scheduled Dec. 13 hearing in Washington, D.C.
Bankman-Fried was called to testify before the U.S. House of Representatives Financial Services Committee.
Coinbase CEO on ‘Stolen Customer Money’ Used by SBF’s Alameda Research
On Saturday (3 December 2022), Coinbase Co-Founder and CEO commented on the interview that Sam Bankerman-Fried (aka “SBF”), the disgraced co-founder of Alameda Research and co-founder and former CEO of bankrupt crypto exchange FTX, gave to Bloomberg recently at $30 million his Bahamian penthouse apartment.
Maxine Waters Criticized for Praising SBF — Lawmaker Says ‘We Appreciate That You’ve Been Candid’
Congresswoman Maxine Waters has been heavily criticized for saying that she appreciates former FTX CEO Sam Bankman-Fried (SBF) being candid in his discussions about the collapse of his crypto exchange, FTX. “SBF has not, in fact, been candid in his discussions. He committed fraud, full stop,” one critic stressed.
SBF Admits Alameda Was Given Special Treatment on Accounts of FTX
SBF’s trading company Alameda Research was provided with oversized borrowing limits compared to other FTX clients.
BlockFi Files for Bankruptcy, Coinbase and MetaMask Against Apple Tax | Cointime Weekly Nov.27 – Dec.03
SBF had his first public interview after FTX collapse; Telegram to build crypto exchange; Brazilian congress passes crypto bill; Binance acquires Japanese crypto exchange Sakura; understanding key risks associated with stablecoins.
Democrats and Republicans Join Forces to Pressure SBF to Testify Before Congress
In Dec. 2 posts on Twitter, House Financial Services Committee chair Maxine Waters, a Democrat, and ranking member Patrick McHenry, a Republican, <a href="https://twitter.com/RepMaxineWaters/status/1598693811252875264" target="_blank">requested</a> SBF speak at a hearing aimed at investigating the events around the collapse of FTX. It’s unclear if the U.S. lawmakers intended the former FTX CEO to appear in person or remotely from the Bahamas.
SBF Had Detailed Info on Alameda’s Finances As Recently as March, Forbes Reveals
In contrast to Sam Bankman Fried’s recent claims that he wasn’t aware of Alameda’s position, Forbes recently <a href="https://www.forbes.com/sites/chasewithorn/2022/12/02/exclusive-sam-bankman-fried-knew-plenty-about-his-alameda-research-hedge-fundand-sent-details-to-forbes-just-months-ago/?sh=79807d09303d">released</a> its communication with SBF when drafting their billionaires’ list, indicating that he was well versed in Alameda’s finances.
House Financial Services Chair Thanks SBF for Being ‘Candid’ About FTX Collapse
House Financial Services Chair Maxine Waters today thanked disgraced FTX founder Sam Bankman-Fried for being “candid” when talking about the bankrupt exchange.