Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Sam Bankman-Fried ran FTX like ‘personal fiefdom’ as firm spent $300M on luxury real estate

Por: New York Post Business November 22, 2022

thumbnail

Sam Bankman-Fried treated FTX like a “personal fiefdom,” as he and a handful of associates looted the now-defunct crypto exchange’s coffers to fund an epic spending spree that included a $300 million splurge on Bahamas real estate, lawyers for the company claimed. FTX’s bankruptcy team detailed the wild spending under 30-year-old Bankman-Fried in a closely watched court hearing on Tuesday — revealing rampant mismanagement by top... + full article



Similar News

Founder ran FTX as “personal fiefdom”; many assets stolen or missing, court hears

Ars Technica USA Tech November 23, 2022

thumbnailNavigate Filter by topic Settings Front page layout Site theme - Nov 23, 2022 5:36 pm UTC / Then-CEO of FTX Sam Bankman-Fried speaks during a House Committee on Financial Services hearing on December 08, 2021 in Washington, DC.Getty Images The Washington Post Share this story... + más

FTX says hackers stole substantial assets after bankruptcy filing | Newsweek

Larry David ‘right’ about FTX collapse in old Super Bowl commercial, internet claims | New York Post


FTX’s Sam Bankman-Fried cashed out $300M after fundraising round: report

New York Post USA Tech November 19, 2022

thumbnailDisgraced 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


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 USA Business November 18, 2022

thumbnail 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

The collapse of crypto firm FTX and its superstar founder explained: Here's what happened and what it all means | Business Insider

Between $1 billion to $2 billion of FTX customer funds have disappeared, SBF had a secret 'back door' to transfer billions: Report | CNBC


Sam Bankman-Fried, Tom Brady scrub FTX tweets after crypto exchange meltdown

New York Post USA Business November 17, 2022

thumbnailTweets have been disappearing from Sam Bankman-Fried’s Twitter account — and those of ex-business partners including NFL legend Tom Brady — as the disgraced ex-boss of the FTX crypto exchange scrambles to . The missing tweets include both old missives from Bankman-Fried... + más

The collapse of crypto firm FTX and its superstar founder explained: Here's what happened and what it all means | Business Insider

Inside the collapse of crypto exchange FTX: Everything you need to know | Fox Business


Sam Bankman-Fried’s philanthropic fund halts donations amid FTX collapse and 'questions about legitimacy'

MarketWatch USA Business November 12, 2022

thumbnailThe 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

The collapse of crypto firm FTX and its superstar founder explained: Here's what happened and what it all means | Business Insider

‘I f–ked up’: FTX’s Sam Bankman-Fried makes profanity-laced apology as collapse looms | New York Post


The collapse of crypto firm FTX and its superstar founder explained: Here's what happened and what it all means

Business Insider USA Business November 12, 2022

thumbnailIf 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


‘I f–ked up’: FTX’s Sam Bankman-Fried makes profanity-laced apology as collapse looms

New York Post USA Tech November 10, 2022

thumbnailEmbattled 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



About iurex | Privacy Policy | Disclaimer |