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Sam Bankman-Fried's parents bought Bahamas vacation home with $121 million in FTX money. Professors of law Joseph Bankman and Barbara Fried from Stanford University were identified as signatories on a property in Old Fort Bay that was allegedly utilized as a vacation home.
Sam Bankman-Fried, the founder of FTX, which was, until last week, the world’s second-largest cryptocurrency exchange, is today facing prison time for allegedly defrauding his customers of billions of dollars. Bankman-Fried, 30, donated to many progressive causes allied with the “effective altruism movement,” including pandemic prevention and response.
Looking back, it’s utterly bizarre how the world of science could have gone so silent even as the world locked down and lives were shattered by the billions by governments the world over. The silence was deafening. We went from a March 2, 2020, letter signed by 800 public health experts associated with Yale University—which warned against quarantines and closures—to a strange disappearance of nearly all clear voices a few weeks later. And so things stood for the better part of two years.
FTX’s bankruptcy filing in the federal bankruptcy court on Thursday revealed many crazy things, like that most of FTX’s digital assets have not been secured.
Breaking news throughout the first half of November has been dominated by coverage of the sudden collapse of FTX, one of the world’s biggest cryptocurrency exchanges.
Aseries of revealing texts and tweets by Sam Bankman-Fried, the disgraced CEO of FTX, the once high-flying but now belly-up crypto exchange, had the following to say about his image as a do-gooder: it is a “dumb game we woke westerners play where we say all the right shibboleths and so everyone likes us.”
Barry Silbert emerges as the crypto world's new villain, embroiled in legal battles over billions amid bankruptcy claims and allegations of fraud. Eric Asquith was oblivious to Barry Silbert's...
In a lawsuit filed on Monday, Sam Bankman-Fried's parents have been accused of being involved in Democratic dark money and 'illegal' election tactics. A right-leaning political research group identified...
Indicted Chinese billionaire tycoon Guo Wengui is reportedly secretly bankrolling George Santos's bail, as George Santos has developed an interest in Guo's own bail problems. A member of Congress isn't in jail and we...
On May 16, EU ministers approved the Markets in Crypto-Assets (MiCA) legislation, making it the world's first cryptocurrency regulations. The European Union has approved a set of rules—the first such regulation in the world—to...