Bahamas FTX Bankman Fried Arrested
In a statement Friday, DNC spokesman Daniel Wessel said that the group will set aside the $815,000 in contributions it has received from Bankman-Fried since 2020. That total includes donations Bankman-Fried made directly to the DNC as well as the Democratic Grassroots Victory Fund and the Biden Victory Fund, which was a joint fundraising committee approved by Joe Biden's presidential campaign, the DNC and state Democratic parties.
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FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX and Sam Bankman-FriedFTX Digital Markets co-CEO alerted the securities regulator in the Bahamas to the fraud being committed at the exchange, telling the authorities that FTX was sending customer funds to Alameda Research. And Alameda was buying FTT’s with it’s credit scores coffeebreak_YT Can't wait to see this unravel. I want to see politicians and regulators that had a hand in this be held accountable.
Source: Cointelegraph - 🏆 562. / 51 Read more »
'Old-fashioned embezzlement': FTX CEO testifies to Congress; founder Sam Bankman-Fried arrested: recap'Where is the money?' Republican Senator Pat Toomey questioned FTX spokesperson, and 'Shark Tank' star, Kevin O'Leary on the collapse of the crypto exchange company. kevinolearytv maybe u shouldn't have promoted nor invested in a scam like crypto at all !! Investing in unfounded & unproven currency is asking for trouble. USA citizens going to be asking that same question Imagine the $15 million spokesperson saying literally, anything else. 🤡
Source: USATODAY - 🏆 100. / 63 Read more »
Senators slam FTX, Sam Bankman-Fried and back crypto regulationSenators across both major parties sharply criticized bankrupt cryptocurrency exchange FTX and its former CEO Sam Bankman-Fried, while advocating for regulation of the digital currency sector. But said nothing about those who accepted his donations Only George soros donated more money to democrats. They literally bought the mid terms with stolen money. Lol angry crooked politician noises
Source: ABC - 🏆 471. / 51 Read more »
FTX insider turned on Sam Bankman-Fried days before bankruptcy, flagging potential fraud to regulatorsFormer FTX co-CEO Ryan Salame disclosed 'possible mishandling of clients' assets' by Sam Bankman-Fried to Bahamian regulators just before FTX bankruptcy filing. Convenient timing He’s gained weight since being arrested. Seems like he was trying to get a plea deal. As co-CEO I’m sure he was complicit is stealing from customers…
Source: CNBC - 🏆 12. / 72 Read more »
Parents of Sam Bankman-Fried face scrutiny over their roles in FTX | CNN BusinessSam Bankman-Fried's multibillion-dollar crypto empire was run primarily by 'grossly inexperienced and unsophisticated individuals' who failed to institute basic corporate controls and even relied on QuickBooks to do their accounting, according to investigators. Oh yeah, they were totally not in on it. The dude is 30 yrs old! I’d love to see someone take a set of clippers to that rats nest…tired of seeing it
Source: CNN - 🏆 4. / 95 Read more »