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 […]
Tag: Sam Bankman Fried
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 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% […]
Cryptocurrencies guru Bankman-Fried is guilty: he risks dozens of years in prison
From glory to abyss in just a few months. From guru to head of a billion-dollar empire, to a likely long prison sentence. Sam Bankman-Fried, 31, co-founder of online cryptocurrency trading platform FTX, was found guilty of wire fraud, conspiracy and money laundering. According to the indictment filed by the Federal Public Prosecutor’s Office, the […]
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 […]
Young billionaire wants to give away 99% of his fortune
Sam Bankman Fried At the age of 30, he is already a multimillionaire. His fortune is $26.5 billion dollars, according to Forbes magazine, which he generated thanks to FTX Trading Limited, one of the largest cryptocurrency exchanges in the world where users can transact in various cryptocurrencies such as Bitcoin and Ethereum easily. The young […]