Sam Bankman-Fried
Bahamas Regulators Seize Crypto Assets from FTX Worth $3.5 Billion for 'Safekeeping'
The Securities Commission of the Bahamas claims that it has moved $3.5 billion from FTX’s Bahamian subsidiary, FTX Digital Markets, into its own digital wallets for “safekeeping” while former FTX CEO Sam Bankman-Fried awaits trial in the United States.
Sam Bankman-Fried Denied Bail in Bahamas
A Bahamas judge on Tuesday denied disgraced former CEO Sam Bankman-Fried bai, and he will be remanded to custody, according to reports.
Breitbart Business Digest: SEC Says FTX Was Fraudulent from the Start
The arrest of Sam Bankman-Fried in the Bahamas preempted what was scheduled to be his testimony before the House financial services committee.
Sam Bankman-Fried and FTX Donated over $300,000 to Lawmakers Investigating Him
Former FTX CEO Sam Bankman-Fried and his cofounders donated over $300,000 to nine lawmakers who are now investigating the company for wrongdoing.
Breitbart Business Digest: Sam Bankman-Fried Hoped FTX Was Bear Stearns—But It Was Lehman Brothers Instead
The best that Sam Bankman-Fried could hope for at the start of this week was that his crypto exchange FTX would turn out to be the equivalent of Bear Stearns. Instead, it turned out to be Lehman Brothers.