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

FTX diverted $200 million of customer money for two venture deals that caught the SEC's attention

Por: CNBC Tech December 29, 2022

thumbnail

In this articleFTX founder Sam Bankman-Fried leaves following his arraignment in New York City on December 22, 2022.Ed Jones AFP Getty ImagesOf the billions of dollars in customer deposits that from FTX in a flash, $200 million was used to fund investments in two companies, according to the Securities and Exchange Commission, which founder Sam Bankman-Fried with orchestrating a scheme to defraud equity investors.Through its FTX Ventures unit,... + full article



Similar News

SEC Charges FTX Co-founder, Alameda's Former CEO With Defrauding Crypto Investors

RTTNews USA Tech December 22, 2022

thumbnailThe U.S. Securities regulator has charged FTX Trading Ltd.'s co-founder and former Chief Technology Officer, Zixiao (Gary) Wang, as well as former CEO of Alameda Research LLC, Caroline Ellison, for their roles in a multiyear scheme to defraud equity investors in the... + más

The SEC is bringing charges against Sam Bankman-Fried – here are the key takeaways from the filing | Business Insider

Where Did FTX's Money Go? Crypto Investigators Offer New Clues | Time


The SEC is bringing charges against Sam Bankman-Fried – here are the key takeaways from the filing

Business Insider USA Business December 13, 2022

thumbnailFollowing Sam Bankman-Fried's arrest on Monday evening, the in a New York court on Tuesday.It alleges that the FTX founder violated the Securities Act by misusing customer funds for his own benefit, and hiding debts from investors. In summary, the SEC says Bankman-Fried... + más

Sam Bankman-Fried said parents’ $16.4M Bahamas house was meant for FTX staff | New York Post

Sam Bankman-Fried Busted on Eve of Congressional Grilling | The Daily Beast


FTX lawyer: 'Substantial amount' of assets has been stolen

ABC News USA Business November 23, 2022

thumbnailNEW YORK -- Lawyers for FTX disclosed Tuesday that a “substantial amount of assets has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the odds that its millions of investors will get their money back. The admission came during FTX's... + más

FTX lawyer: 'Substantial amount' of assets has been stolen | Los Angeles Times

FTX lawyer: 'Substantial amount' of assets has been stolen | Associated Press


Miami-Dade Asks for Right to Remove FTX Name From Heat Arena

NBC 6 South Florida USA Nation November 23, 2022

thumbnailGetty Images MIAMI, FLORIDA – NOVEMBER 18: In an aerial view, the FTX Arena, which the Miami Heat call home on November 18, 2022 in Miami, Florida. Fallout continues after the cryptocurrency firm FTX filed for Chapter 11 bankruptcy protection. Miami-Dade County and the Miami... + más

Miami Heat's home arena will get new name after FTX collapse | WPTV

Miami-Dade asks for right to remove FTX name from Heat arena | Associated Press


FTX bankruptcy pits US vs. Bahamas in battle for billions

Fox Business USA Business November 22, 2022

thumbnail'The Wolf of Wall Street' Jordan Belfort joined 'Maria Bartiromo's Wall Street' to discuss the fallout from the collapse of FTX and scrutiny facing A-list celebrities and the SEC chair. FTX Trading is scheduled to appear in a Delaware bankruptcy court on... + más

FTX’s Bahamas liquidators reject ‘validity’ of US bankruptcy proceedings | Fox Business

FTX lawyer: 'Substantial amount' of assets has been stolen | Associated Press


Exclusive: These Investors Stand To Lose The Most From FTX’s Implosion

Forbes USA Business November 11, 2022

thumbnailForbes to cover a shortfall of up to $8 billion as customers demand their money back. “I can't make any promises,” he . “But I'm going to try.” Then there are FTX’s investors. As the crypto exchange ballooned in size, it became a huge draw for venture... + 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


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

New York Post USA Tech November 10, 2022

thumbnail“Curb Your Enthusiasm” star Larry David’s appearance in a commercial for the is going viral Thursday – with social media users pointing out the comedian’s skeptical stance in the ad was right all along. The ad, which aired during the Super Bowl last February, shows the... + más

How $32B crypto company FTX collapsed and sent digital currency reeling | ABC News

Crypto Is Crashing. This Time, Blame FTX and Sam Bankman-Fried | Time



About iurex | Privacy Policy | Disclaimer |