FTX identify over $3B transfer to SBF, others
FTX's former CEO Sam Bankman_Fried received $2.2 billion in payments and loan from the bankrupt firm, according to a press statement.
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FTX's former CEO Sam Bankman_Fried received $2.2 billion in payments and loan from the bankrupt firm, according to a press statement.
His lawyers filed the motion on March 15, seeking financial assistance in what experts believe will be nine-figure territory.
Politicians who once benefitted from FTX’s hefty donations are being hard-pressed to return the money.
Bankman-Fried has been trying to contact FTX’s new leadership, but his motivations are being questioned.
Sam Bankman-Fried (SBF) claims no funds were stolen and blames targeted attack on Alameda as cause of collapse.
The agency criticized the allegations that it had ordered the minting of new tokens, among other things.
Sam Bankman-Fried asserted that, in retrospect, he “wishes to have done many, many things differently.”
FTX once again found itself in the dark side of the news.
The specter of the now-disgraced SBF looms large over the bill, but Sens. Debbie Stabenow and John Boozman plan to push ahead anyway.
New CEO John J. Ray III used FTX's official Twitter account to re-emphasize the change in leadership at the embattled exchange.