marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
Bahamas
09/22/2023
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By Arsenio Toledo
Sam Bankman-Fried’s father complained about being paid only $200K a year when he expected an annual salary of $1M from FTX
Joseph Bankman, the father of disgraced cryptocurrency mogul and former billionaire Sam Bankman-Fried, allegedly complained to his son about him only having a salary of $200,000 a year, a fraction of the $1 million he was expecting. This is according to a lawsuit filed by FTX, the cryptocurrency exchange founded by Bankman-Fried, against his parents. This […]
12/19/2022
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By Belle Carter
Sam Bankman-Fried’s ex-girlfriend may have fed the government information that led to his arrest
The former CEO of Alameda Research trade company Caroline Ellison, who also happened to be Sam Bankman-Fried’s (SBF) ex-girlfriend, was spotted in a Lower Manhattan coffee shop earlier in the month. This sparked speculations that she was in New York to meet with law enforcement officials. Legal experts even claimed that she likely flipped on […]
12/16/2022
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By JD Heyes
SEC to file additional charges against accused crypto fraudster and FTX boss Sam Bankman-Fried
As much trouble as Sam Bankman-Fried, the alleged crypto-fraudster and former CEO of now-defunct FTX, is in, thanks to charges being filed against him by the Justice Department, it’s not over yet for him. Now, the Securities and Exchange Commission is preparing to file additional charges against the accused thief and big-time Democratic donor, according to […]
12/16/2022
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By Belle Carter
SEC reveals Sam Bankman-Fried squandered FTX missing funds on political donations and himself
Federal documents have exposed that Sam Bankman-Fried (SBF), founder of the collapsed cryptocurrency exchange FTX, has taken billions of dollars out of the “Ponzi scheme” company to spend on his personal needs and countless political donations. The controversial mogul, who was arrested in the Bahamas on December 12 and is now facing charges following his company’s […]
12/14/2022
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By Arsenio Toledo
Bahamian government wants to take back $256 million-worth of luxury properties bought by FTX executives (with other peoples’ money)
Lawyers in the Caribbean archipelagic nation of the Bahamas say FTX founder and CEO Sam Bankman-Fried and co-CEO Ryan Salame spent $256.3 million buying different properties in the country. Now, regulators want all of these properties returned to the state. The Bahamian officials went to a federal court in Delaware asking the court to dismiss FTX’s […]
11/17/2022
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By Kevin Hughes
FTX founder Sam Bankman-Fried puts up Bahamas penthouse for sale at $40M
Sam Bankman-Fried, the founder of beleaguered cryptocurrency exchange company FTX, has put up his penthouse in the Bahamas for sale with a $40 million price tag. According to a report by Semafor, the 12,000 square-foot residence located in the Albany luxury resort community was recently listed for sale. While the realtor in charge refused to […]
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