Tag: ftx

Photo of Sam Bankman-Fried in prison leaks and ex-con says he’s “not showering”

Photo of Sam Bankman-Fried in prison leaks and ex-con says he’s “not showering”

Sam Bankman-Fried, founder and former CEO of FTX, was once one of the richest people in the world, but today he is locked up in one of the worst prisons in the US. This Monday (19), journalist Tiffany Fong unveiled the first photo of the former billionaire in prison. This is the first and only […]

FTX may be behind the billion-dollar sale of Bitcoin

FTX may be behind the billion-dollar sale of Bitcoin

FTX, a cryptocurrency broker that filed for bankruptcy in November 2022, may be behind a billion-dollar sale of Bitcoin. The assets are said to be in GBTC, a Grayscale fund that recently converted into an ETF. In short, FTX is said to have 22 million GBTC shares and according to private data from CoinDesk, the […]

Worst client I ever had, says Sam Bankman-Fried’s lawyer

Worst client I ever had, says Sam Bankman-Fried’s lawyer

Sam Bankman-Fried (SBF), founder of failed cryptocurrency exchange FTX, was found guilty of all seven charges he faced. In conversation with Bloomberg next Tuesday (12) the lawyer David Mills stated that SBF was the worst customer he ever had. Mills, who specializes in white-collar crime, was chosen by Sam Bankman-Fried’s family to defend him. The […]

Sam Bankman-Fried, founder of FTX, trades fish in prison

Sam Bankman-Fried, founder of FTX, trades fish in prison

Sam Bankman-Fried, founder and former CEO of the bankrupt FTX, trades fish in New York prison. According to information from The Wall Street Journal, the former billionaire had no trouble understanding the relatively simple economics of the chain. The fish in question is the mackerel and your fillet package is priced at $1.30, up 30% […]

Three companies want to buy the bankrupt FTX; Negotiations could take place in December

Three companies want to buy the bankrupt FTX; Negotiations could take place in December

The names of the three companies interested in purchasing FTX were released by The Wall Street Journal on Wednesday (8). According to the article, the deal could be completed as early as next month, in December. With the news, the cryptocurrency FTX Token (FTT) rose 20% in a few minutes, standing out among other projects. […]

Sam Bankman-Fried, founder of FTX, is charged with eight counts of fraud

Sam Bankman-Fried, founder of FTX, is charged with eight counts of fraud

The plaintiff’s document concludes that the defendant “will deliver to the United States all property, real property or personal (…) obtained or derived from proceedings identifiable with the commission of the above crimes, with including, without limitation, the sum of money in U.S. currency representing the aggregate of items identifiable with the commission of said […]

\