Early last year, Sam Bankman-Fried told an FTX all-hands meeting about an addition to the company’s staff.
It wasn’t a head of accounting. It wasn’t a risk manager. Instead, it was a psychiatrist who would serve as coach for stressed-out employees at the fast-growing crypto exchange. Dr. George Lerner introduced himself on the video meeting and encouraged workers to consult with him, meeting attendees recalled.
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Sam Bankman-Fried Negotiating Bail Conditions, Court Filing SaysCounsel for former FTX CEO Sam Bankman-Fried is currently in talks with U.S. prosecutors to “resolve the outstanding issues related to Bankman-Fried’s bail conditions,” according to a court filing. Meanwhile, Proposals to subpoena FTX founder Sam Bankman-Fried, his immediate family and senior staff of the bankrupt crypto exchange have been opposed by the U.S. Trustee. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De breaks down the latest on Sam Bankman-Fried and FTX's hearings. SBF_FTX nikhileshde trondao Any dollar SBF uses to bail himself out belongs to the people he defrauded from.
Source: CoinDesk - 🏆 291. / 63 Read more »
Sam Bankman-Fried's holding company files for bankruptcyThe holding company, Emergent Fidelity Technologies, said the bankruptcy filing was 'the only practical way' to protect its assets: 55 million Robinhood shares and $20 million cash. Emergent Fidelity Technologies submitted a voluntary petition to declare bankruptcy under a Chapter 11 filing for the District of Delaware. The company was already the target of a lawsuit filed by crypto lending firm BlockFi regarding roughly 55 million shares of Robinhood.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Sam Bankman-Fried's Emergent Fidelity Technologies Files for BankruptcyEmergent Fidelity Technologies - the vehicle by which SBF_FTX purchased and held 56 million shares of Roinbhood - filed for Chapter 11 bankruptcy protection. $HOOD nikhileshde reports SBF_FTX nikhileshde The scenario of Bitcoin going to zero does not exist anymore. BTC is playing much the same role as gold did in the early days of banking. You all should Follow Bnb_7h she knows her stuff when it comes to BTC and other Cryptos,her tweet have been really helpful over the years SBF_FTX nikhileshde 😍 SBF_FTX nikhileshde roinbhood
Source: CoinDesk - 🏆 291. / 63 Read more »
Google invests $300M in AI firm previously funded by Sam Bankman-FriedReports suggest Google has invested $300 million into an artificial intelligence company which previously received over $500 million from Sam Bankman-Fried and his former business partners. The news has Crypto Twitter wondering whether these funds will be used to pay back FTX creditors. Google's investment is basically GCP credit. Not real money they can spend elsewhere. Do well to understand that every dip in the price of Bitcoin provides a golden opportunity to accumulate. Keep it simple buy and hodl the bull run is inevitable. Everyone should however follow KeshGlover she’s a super underrated bitcoiner. Great tips,I’ve been doing great. Nobody is getting their money back 😂😂
Source: Cointelegraph - 🏆 562. / 51 Read more »
Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder – Bitcoin NewsAnthropic raised $300M from Google this week, following a fundraiser in April 2022 that saw participation from FTX's Sam Bankman-Fried SBF and members of his inner circle. Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months Totally agree, but I only use ChiefraFba for signals and analysis SBF_FTX 🖕
Source: BTCTN - 🏆 531. / 51 Read more »
Crypto Crisis: A Timeline of Key EventsFTX founder Sam Bankman-Fried may be the face of recent crypto troubles, but the industry’s issues started months before FTX’s collapse The industry’s troubles started at the inception of becoming what you call an industry. The scam of all scams Could be described in few words greedy, stupid & dishonest. letshearthetru SURPRISE,, i hope u like it,,lol
Source: WSJ - 🏆 98. / 63 Read more »