Sam Bankman-Fried
Sam Bankman-Fried Says He Will Testify Before US Congress
Former FTX CEO Sam Bankman-Fried said he will testify before the House Financial Services Committee after "learning and reviewing what happened" following the implosion of the crypto exchange he created. Murphy & McGonigle founder James Murphy shares his insights and legal considerations. Plus, the potential reasons why Bankman-Fried is embarking on an unprecedented media tour.
Alameda Shielded FTX From Possible $1B Loss Following Client's Leveraged Trade in 2021: Financial Times
Alameda Research bore the brunt of a $1 billion loss incurred by its affiliated firm FTX after a leveraged trade on the now-bankrupt crypto exchange backfired early last year, the Financial Times reported Friday, citing people with knowledge of the matter. "The Hash" hosts discuss the latest developments from the fall of Sam Bankman-Fried's FTX-Alameda crypto empire.
CoinDesk Op-Ed: FTX Collapse Was a Crime, Not an Accident
CoinDesk's Chief Insights Columnist David Z. Morris unpacks his latest opinion piece that argues Sam Bankman-Fried, former CEO of troubled crypto exchange FTX, is a fraud.
Sam Bankman-Fried’s Media Tour Amid FTX Bankruptcy Fallout
Former FTX CEO Sam Bankman-Fried discussed the collapse of his crypto exchange in a live interview with The New York Times during its annual DealBook Summit. Bankman-Fried also spoke to several other media outlets including New York Magazine. "The Hash" panel discusses his media tour and the key takeaways.
Sam Bankman-Fried: I Didn’t Knowingly Commingle Funds
In a highly anticipated interview at The New York Times' DealBook Summit, former FTX CEO Sam Bankman-Fried expressed regret over his exchange's collapse, but clung to the narrative that it was a bet gone wrong. "First Mover" hosts Christine Lee, Emily Parker and Lawrence Lewitinn weigh in.
Sam Bankman-Fried Distances Himself From Alameda: I Wasn’t Running It
Former FTX CEO Sam Bankman-Fried apologized for the collapse of his crypto exchange in an anticipated interview with The New York Times, but distanced himself from Alameda Research. "I wasn’t running Alameda. I didn’t know exactly what was going on. I didn’t know the size of their position," Bankman-Fried said. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the takeaways from the interview.
BlockFi Has $355M in Crypto Frozen on FTX; Sam Bankman-Fried Addresses FTX Collapse
Crypto lender BlockFi has about $355 million in crypto frozen on FTX. Sam Bankman-Fried addresses Bahamian FTX withdrawals and the collapse of his crypto exchange in a newly released audio interview from Tiffany Fong. Coinbase Wallet will no longer support the native tokens associated with Bitcoin Cash (BCH), Ethereum Classic (ETC) and others, effective Dec. 5.
Bankrupt BlockFi Sues Sam Bankman-Fried Over Robinhood Shares: FT
Cryptocurrency lender BlockFi, which filed for Chapter 11 bankruptcy protection on Monday, on the same day sued FTX founder Sam Bankman-Fried's Emergent Fidelity Technologies holding company for Robinhood Markets (HOOD) shares held by the company and pledged to BlockFi as collateral, the Financial Times reported, citing loan documents it had seen. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De dicusses the latest developments.
3Commas Customers Are Asking How Funds Were Drained From Their Accounts
Over a dozen users of the crypto trading service 3Commas, which was backed by Sam Bankman-Fried’s Alameda Research, say the platform leaked their credentials and enabled attackers to run away with over $6 million in user funds. CoinDesk Tech Reporter Sam Kessler explains what exactly happened and why conflicting statements from 3Commas have invited more questions than answers.
