Por: Forbes Business November 17, 2022
Cryptocurrency values have been hit hard. The granddaddy of them all, Bitcoin, now sells for around $16,000, down from a high of $67,000 a year ago. FTX and its charismatic cofounder, Sam Bankman-Fried, were the darlings of the crypto world. The exchange quickly became a $30-billion entity: Now it’s in bankruptcy. This episode of What’s Ahead lays out the basic problem of almost all cryptos: They’re not really money. Their volatility makes... + full article
New York Post USA Tech November 19, 2022
Disgraced former FTX CEO Sam Bankman-Fried reportedly gave himself a $300 million windfall last year when his then-red-hot cryptocurrency exchange secured a massive fundraising round. FTX raised $420,690,000 million from 69 different investors – both numbers clear nods to meme... + más
The collapse of crypto firm FTX and its superstar founder explained: Here's what happened and what it all means | Business Insider
Sam Bankman-Fried And Three FTX Executives Received $4.1 Billion Of Loans From Alameda Research: Where Did The Money Come From And Where Did It Go? | Forbes
Forbes USA Business November 18, 2022
Stephanie Jones for Forbes; Photo by Lam Yik/Bloomberg Bankruptcy filings released Thursday morning detailed billions in loans to Bankman-Fried, including to an entity he controlled. Here’s where at least some of that money likely went. FTX bankruptcy filings released... + más
Between $1 billion to $2 billion of FTX customer funds have disappeared, SBF had a secret 'back door' to transfer billions: Report | CNBC
MarketWatch USA Business November 12, 2022
The company said Friday that Bankman-Fried had resigned as CEO and would be replaced by John J. Ray III, a lawyer who worked on Enron’s bankruptcy. One major piece of collateral damage in the debacle: the philanthropic entities that Bankman-Fried started to improve... + más
‘I f–ked up’: FTX’s Sam Bankman-Fried makes profanity-laced apology as collapse looms | New York Post
Business Insider USA Business November 12, 2022
If you've been paying attention to the finance world this week, you've likely been sifting through alphabet soup: SBF. FTX. FTT. Maybe even SEC.Confused yet? The short story is that crypto tycoon Sam Bankman-Fried and the company he founded, FTX, spectacularly... + más
Larry David ‘right’ about FTX collapse in old Super Bowl commercial, internet claims | New York Post
How $32B crypto company FTX collapsed and sent digital currency reeling | ABC News
CNBC USA Tech November 12, 2022
Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021.Lam Yik Bloomberg Getty ImagesAs Sam Bankman-Fried's , that between $1 billion to $2 billion of customer funds have vanished from the failed crypto exchange.Both... + más
FTX confirms 'unauthorized transactions' as $1B in crypto reportedly vanishes | Fox Business
Fox Business USA Business November 11, 2022
Coinbase CFO Alesia Hass discusses the chaos surrounding crypto exchange FTX and if there are any suitors ready to buy the distressed company on 'The Claman Countdown.' In the span of just one week, FTX went from being the world's third-largest cryptocurrency... + más
New York Post USA Tech November 10, 2022
Embattled FTX founder and CEO Sam Bankman-Fried delivered a profanity-laced public apology Thursday as his cryptocurrency exchange FTX’s future was in grave jeopardy after rival platform Binance decided to nix a nonbinding deal to bail out the platform from a liquidity crisis.... + más
Ahead Of His Crypto Firm’s Cash Crunch, Billionaire Sam Bankman-Fried Spent Tens Of Millions On Politics | Forbes
“I fucked up,” says FTX founder in public apology | The Verge
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