bankman fried
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SBF Testifies That Alameda Only ‘Borrowed’ Customer Funds
Sam Bankman-Fried testified before a jury for the first time on Friday saying he did not defraud FTX customers or take their funds, according to Bloomberg’s live reporting of the trial. The FTX and Alameda’s founder said that Alameda “borrowed” them, but admitted “a lot of people got hurt.” After the jury was unexpectedly sent…
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Prosecutors Say Sam Bankman-Fried Is Getting Around Surveillance With a VPN
Federal prosecutors are squinting pretty hard, trying to keep an eye on what the failed FTX founder Sam Bankman-Fried has been doing while he’s been ordered by the court to live under his parents’ roof. The young crypto founder has reportedly been accessing the internet using a VPN, and the U.S. Attorneys Office is concerned…
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FTX’s Sam Bankman-Fried Says He Made Secret Donations to Republicans
Sam Bankman-Fried, the founder of FTX, says he donated equally to both Democratic and Republican politicians before his cryptocurrency platform filed for bankruptcy earlier this month, wiping out billions of dollars in customer deposits. And that fact is going to come as a real shock to right-wing political operatives on Fox News who’ve tried to…
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U.S. Reportedly Considering Whether to Extradite Sam Bankman-Fried Over FTX Implosion
Sam Bankman-Fried, who was once considered the real ”wunderkind” of the crypto world, is desperately trying to defend his public image despite federal law enforcement investigations closing in.