FTX co-founder Sam Bankman-Fried is back in the US, released on $250 million bail

Sam Bankman-Fried, the co-founder of crypto derivatives exchange FTX, was recently released from US federal custody on a $250 million bail after having been detained at an immigration detention center in Florida. Bankman-Fried had been in detention since February, when he surrendered to authorities as part of a deal negotiated by his lawyers and Immigrations… Continue reading FTX co-founder Sam Bankman-Fried is back in the US, released on $250 million bail

Democrats plan to return over $1 million from FTX founder Sam Bankman-Fried

On October 14th, 2020, three prominent Democratic Senators announced plans to return over $1 million in campaign contributions from cryptocurrency investor Sam Bankman-Fried. The money was donated to the three senators’ reelection campaigns during the last election cycle. Sam Bankman-Fried is a billionaire entrepreneur, the founder of FTX Crypto Exchange, and a prominent figure in… Continue reading Democrats plan to return over $1 million from FTX founder Sam Bankman-Fried

Sam Bankman-Fried secretly handed $27 million to a major crypto news site and its CEO

In a surprise move, Sam Bankman-Fried, CEO of popular cryptocurrency derivatives trading and software platform FTX, has secretly handed a staggering $27 million to an anonymous crypto news and information site, as well as its Chief Executive Officer. The news was revealed on FTX’s official blog over the weekend, and sparked a great deal of… Continue reading Sam Bankman-Fried secretly handed $27 million to a major crypto news site and its CEO

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