Por: MarketWatch Politics November 21, 2022
“The unfortunate reality is that charities are vulnerable to clawback claims when a funder enters bankruptcy,” said Jason Lilien, a partner at the law firm Loeb & Loeb, LLP, who was speaking generally about nonprofits and clawback claims, not about the FTX case specifically. While there can be some exceptions in certain circumstances, Lilien said, generally speaking, the law does not let nonprofits avoid clawback attempts. That’s... + full article
CNBC USA Tech December 14, 2022
TOPSHOT - FTX founder Sam Bankman-Fried (C) is led away handcuffed by officers of the Royal Bahamas Police Force in Nassau, Bahamas on December 13, 2022. - Disgraced cryptocurrency tycoon Sam Bankman-Fried was hit with multiple criminal charges December 13, 2022, accused of... + más
Sam Bankman-Fried said parents’ $16.4M Bahamas house was meant for FTX staff | New York Post
Disgraced FTX founder Sam Bankman-Fried ghosted his legal team over bankruptcy: report | New York Post
New York Post USA Business December 03, 2022
Math doesn’t seem to be the MIT graduate’s strength. Disgraced FTX founder Sam Bankman-Fried — an alum of the vaunted university — gave a bizarre explanation for an $8 billion budget shortfall that helped force last month — claiming he had simply “misaccounted” the... + más
Broke and down to one credit card: Former FTX CEO Sam Bankman-Fried claims he committed no fraud | CNBC
New York Post USA Tech December 02, 2022
Sam Bankman-Fried claimed he didn’t know how a $16.4 million , insisting that it was meant to house staffers at his now-defunct FTX cryptocurrency exchange. “I don’t know the details of the house for my parents,” Bankman-Fried told the New York Times’ Andrew Ross... + más
CNBC USA Tech December 01, 2022
In this articlewatch nowVIDEO9:2409:24I didn't ever try to commit fraud on anyone: Sam Bankman-FriedStriking a contrite tone, former FTX CEO Sam Bankman-Fried said he didn't do a good job at upholding his responsibilities to regulators, customers, and investors in a... + más
The collapse of crypto firm FTX and its superstar founder explained: Here's what happened and what it all means | Business Insider
New York Post USA Tech November 30, 2022
Disgraced FTX founder Sam Bankman-Fried ignored pleas from company attorneys and advisers urging him “for days” before the cryptocurrency platform imploded, according to a report Tuesday. FTX general counsel Ryne Miller was one of several people who begged Bankman-Fried and... + más
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
FTX’s Sam Bankman-Fried cashed out $300M after fundraising round: report | New York Post
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
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