Search Results: SBF (22)
According to the allegations, SBF’s father, who is a professor at Stanford Law School, wielded considerable authority within FTX Group, effectively acting as its “de facto officer.” Bankman also held executive positions on FTX Group’s management team.
A former engineer at Alameda Research has stepped forward with allegations that his entire life savings were swiped by none other than Sam Bankman-Fried (SBF), the very person he once considered his boss and mentor.
Former FTX CEO Sam Bankman-Fried has once again attracted the ire of the crypto community-this time over his slated appearance at an upcoming New York City conference on Nov. 30.
Stanford University, based in California, has announced its intention to return all funds it received from FTX, the now-defunct cryptocurrency exchange, as reported by Bloomberg.
Bankrupt crypto exchange FTX has taken action against cross-chain protocol LayerZero Labs, aiming to reclaim a staggering $21 million in funds that were allegedly withdrawn unlawfully ahead of FTX’s closure in November.
Prominent cryptocurrency figure Sam Bankman-Fried, was denied his lawyers’ request for delayed detention by US Judge Lewis Kaplan on Friday. This decision thrusts the former crypto mogul into a potential jail stint until his upcoming court date set for October 2nd, pending the outcome of any potential appeals.
FTX Trading has taken legal action against its former CEO, Sam Bankman-Fried (SBF), and certain individuals within his inner circle, aiming to recoup more than $1 billion in funds allegedly misappropriated before the company’s collapse.
In the latest update from FTX Debtors, CEO John Ray has revealed that approximately $7 billion in liquid assets have been recovered thus far, with efforts to locate additional assets still underway. The complexity arising from the extensive mingling of funds has posed significant challenges for the recovery process.
On Tuesday, Securities and Exchange Commission (SEC) Chairman Gary Gensler testified before the House Financial Services Committee about the SEC’s recent enforcement actions against the crypto business.