The NFT developers stand to pocket $4.5 million if the collection sells out. It is unclear how much money Trump will make from the sales. Nevertheless, Trump makes a major announcement with $99 NFT trading cards.
Sam Bankman-Fried, the founder of FTX, was remanded in detention in the Bahamas on Tuesday as he battles extradition to the US over allegations of wire and securities fraud. Here’s some of the photos from the inside of Sam Bankman-Fried’s prison.
Following FTX’s demise last month, which resulted in the destruction of billions of dollars’ worth of user assets, the cryptocurrency ecosystem has suffered greatly from a lack of trust. FTX was “one of the biggest financial frauds” in history, SDNY says.
Bankman-Fried was candid in his prepared statements for the hearing when describing his predicament. Nevertheless, Sam Bankman-Fried was arrested in the Bahamas and charged with wire/securities fraud and money laundering.
Torres told the Washington Examiner earlier this month that he gave the money he obtained from Bankman-Fried to a local charity. however, that won’t change the fact that Sam Bankman-Fried donated to democrats so that they could lobby against crypto regulation.
Unnamed sources claim that US authorities are probably looking for proof of substantial misrepresentations made to investors. To counter this, FTX’s Bankman-Fried hired Ghislaine Maxwell’s defense attorney.
The recent deaths of Vyacheslav Taran, a 53-year-old cryptocurrency billionaire, and two others who were pioneers in the crypto field have raised the question of who is killing the crypto millionaires and whether they were all just accidents.
According to local media reports, Russian crypto billionaire Vyacheslav Taran was killed in a helicopter crash, and he was supposed to go with another unidentified passenger who abruptly cancelled.
A recent BNN/Bloomberg report said how crypto industry whistleblowers could make millions from the collapse of FTX.
