Hopes of Sam Bankman-Fried (SBF) receiving a pardon have been shattered. The United States’ president, Donald Trump, confirmed in a recent interview with The New York Times that he would not issue a presidential pardon to the imprisoned FTX founder. The latest comment came about a year after SBF and his parents sought a pardon […]
Caroline Ellison, the former chief executive of Alameda Research and a central figure in the downfall of Sam Bankman-Fried’s crypto empire, has been quietly moved out of a federal prison facility after serving roughly 11 months of a two-year sentence. The 31-year-old was transferred on October 16 from the low-security Federal Correctional Institution in Danbury, […]
FTX creditor representative Sunil Kavuri said the bankrupt exchange has now completed three payout rounds of about $7.1 billion. The bankruptcy estate of the now-defunct crypto exchange, which collapsed in November 2022, has taken almost three years to reach this stage. Next Distribution Lined Up for January According to his latest update on X, FTX […]
Disgraced FTX founder Sam Bankman-Fried once again weighed in on the exchange’s bankruptcy debate after responding to a satire post by a company creditor that accused court-appointed CEO John J. Ray III of deliberately keeping a “perfectly solvent” platform in bankruptcy in order to generate record fees and destroy estate value. The creditor alleged that […]
Sam Bankman-Fried, the disgraced FTX founder now serving a 25-year sentence for defrauding billions from customers, has reignited controversy by framing his 2022 arrest as politically motivated. In a recent GETTR post, reportedly shared via a friend, SBF claimed that his shift from center-left to centrist political views and subsequent large donations to Republican causes […]
Shaquille O’Neal has agreed to pay $1.8 million to resolve allegations tied to his promotion of the now-defunct cryptocurrency exchange FTX, marking a rare celebrity settlement in the wider legal fallout from the platform’s collapse. Filed in a Florida federal court, the proposed agreement would end a class action lawsuit that accused the former NBA […]
Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, has been transferred to a federal prison in Victorville, California, according to updated information from the Federal Bureau of Prisons (BOP). The move marks the latest chapter in Bankman-Fried’s post-sentencing journey, following his 25-year prison term for orchestrating one of the most significant financial […]
Sam Bankman-Fried (SBF), the disgraced founder of cryptocurrency exchange FTX, has conducted a second interview from prison, once again drawing controversy and causing repercussions for his crisis management team. The interview, hosted by Tucker Carlson and posted on social media on Bankman-Fried’s 33rd birthday, took even his own public relations representative, Mark Botnick, by surprise. […]
FTT, a token linked to the now-defunct FTX crypto exchange, briefly went past $2 after Sam Bankman-Fried, also known as SBF, broke his two-year silence on X. The disgraced former CEO, currently serving a 25-year prison sentence, sparked debate when he shared a ten-part thread on layoffs and employment issues. Ranting About Layoffs SBF’s tweets, […]
The parents of the disgraced FTX co-founder Sam Bankman-Fried are looking into options to obtain a pardon for their son from former US President Donald Trump, according to a Bloomberg report. Stanford Law School professors Joseph Bankman and Barbara Fried have reportedly held discussions in recent weeks with attorneys and individuals linked to Trump’s circle […]
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