Judge Revokes Bankman-Fried’s Bail for Witness Tampering
#JudgeLewisKaplan is sending former #FTX CEO #SamBankmanFried (#SBF) back to jail after the latter was accused of #WitnessTampering.
FTX Exchange
FTX’s SBF Speaks Now About Failed Partnership With Taylor Swift
It seems #SBF’s decision to withdraw an #FTX deal with #TaylorSwift saved him from the wrath of a mob of global #Swifties and a worse reputation.
U.S. Judge Cautious of SBF’s FTX Conduct
A U.S. judge flagged concerns that the 30-year-old FTX founder, Sam Bankman-Fried, could try to tamper with witnesses ahead of his trial on fraud charges.
Paxful CEO to Send Weekly Emails Discouraging Exchanges
Ray Youssef, the Paxful CEO, will be sending weekly letters to subscribers recommending them against holding Bitcoin on any cryptocurrency exchange.
To Save FTX, SBF Tried to Destabilize the Crypto Market
The CEO of the biggest crypto exchange in the world and a Tether representative became concerned that SBF was attempting to destabilize the stablecoin.
SBF’s Parents Won`t Teach Law at Stanford Next Year
According to the most recent reports, Sam Bankman-Fried’s parents will not be teaching at Stanford Law School starting next year. Read CNL for more.
Coinbase CEO Expects a 50% Revenue Decline in 2022
As the crypto exchange suffers, Coinbase`s CEO Brian Armstong predicted that the company’s income will be half or less of what it was last year. Read CNL.
SBF’s Explanation Points To Commingled Funds On FTX
SBF appeared to acknowledge that the mixed funds from the defunct FTX cryptocurrency exchange were meant to be kept in separate customer accounts.
Unarrested SBF Has Connections With the U.S Government
Up until this week, Sam Bankman-Fried, CEO of FTX, gave a lot of money to political campaigns. This is allegedly the reason why he is still unarrested.
Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions
FTX invested $11.5 million in the parent company of Farmington State Bank. This bank only has one branch and three employees.
CEO: FTX Used Corporate Funds to Purchase Luxury Homes
According to a bankruptcy petition by the company’s new CEO John Ray III, FTX utilized corporate cash to buy residences for its workers.
Crypto.com Purge Network Issues and Conspiracy
Crypto.com’s 20% reserves were in meme coin Shiba Inu FTX tokens have withdrawal limits in the exchange Crypto.com assures continuous user withdrawals Crypto.com’s CEO, Kris Marszalek responded to users who asked why about 20% of the exchange’s reserves were in meme coin Shiba Inu by saying that these deposits were just from customers. Additionally, the company denied that Crono, the exchange’s native cryptocurrency, was used as collateral for loans. According to Marszalek, the exchange doesn’t need to use because it earns a fairly substantial amount of revenue, so he prefers to concentrate on that instead. He also assured that the
