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Sam Bankman-Fried
Sam Bankman-Fried, once a pivotal figure in the cryptocurrency industry, was convicted in November 2023 of committing fraud and conspiracy for stealing billions of dollars of money belonging to customers of his FTX crypto exchange, funneling the money to Alameda Research, his hedge fund. FTX had been one of the largest cryptocurrency exchanges before its demise, a major player in derivatives trading including perpetual futures. The company's undoing was spurred by a CoinDesk scoop in November 2022 showing Alameda's balance sheet was mysteriously full of the FTT token issued by FTX – calling into question both Alameda and FTX's financial stability. The Bahamas-based company filed for bankruptcy nine days after the story. Before his downfall, SBF (as the former billionaire is commonly known as) had been a leading figure in crypto, pushing for regulation of the industry in the U.S. He was a major political donor and the public face of effective altruism, a movement geared toward maximizing the amount of good done by philanthropy. SBF was arrested in December 2022, and his bail was revoked due to alleged witness tampering. His trial began in October 2023, and he was convicted on Nov. 2, 2023, a year to the day after the CoinDesk story that caused his crypto empire to crumble.
FTX, MLB Announce $100K Giveaway in Bitcoin or Cash
Sam Bankman-Fried’s crypto exchange FTX and the Major League Baseball (MLB) are now giving away $100K worth of bitcoin.
Hedgehog Marchés lève 3,5 millions de dollars lors d'un tour de financement
L'entreprise teste ce qui sera la première plateforme de prédictions sur la blockchain de Solana.
FTX CEO Sam Bankman-Fried: ‘Huge Expansion Potential For FTX US’
FTX CEO Sam Bankman-Fried discusses what’s next for his crypto exchange on the heels of a record-breaking $900 million funding round, valuing the firm at $18 billion. “There is huge expansion potential in the States for FTX U.S.,” Bankman-Fried said.
FTX Crypto Exchange Raises Record $900M Funding Round, Firm Valued at $18B
Sam Bankman-Fried's crypto exchange FTX has raised a record-breaking $900 million in a Series B round, bringing its total valuation to $18 billion. "The Hash" panel discusses the "expansion potential" of FTX's ever-growing empire. "Investors clearly think there's another Coinbase in the making," host Zack Seward said. "There's room for another big centralized exchange to serve the market, and Coinbase is not going to be the only one to do it."
WazirX, Binance Boost Compliance Procedures, Forkast Speaks to FTX CEO
Crypto exchanges WazirX and Binance look to implement stronger compliance measures. Forkast.News speaks with FTX founder and CEO Sam Bankman-Fried about crypto regulatory measures in Asia. Chinese district rewards residents with e-Yuan for counting footsteps. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Tom Brady, Gisele Bündchen Become Part Owners of FTX
Tom Brady and Gisele Bündchen will become equity shareholders of Sam Bankman-Fried's cryptocurrency derivatives exchange FTX. This long-term partnership makes Brady an exchange ambassador, with Bündchen an environmental and social initiatives advisor. Both received crypto as part of the new deal. "The Hash" panel digs into the ongoing saga of sports and crypto.
Sam Bankman-Fried Speaks About McAfee’s Legacy, China Crackdown and Why Tether ‘Is Not a Worry’
FTX CEO Sam Bankman-Fried reacts to the death of antivirus software pioneer and early crypto investor John McAfee, discussing the way he “embodied 2017 in crypto” and the legacy he left behind for the digital asset industry.
The First-Ever Global Sports League-Cryptocurrency Exchange Partnership
Sam Bankman-Fried’s crypto derivatives exchange FTX is doubling down on sports sponsorships by teaming up with Major League Baseball (MLB). Beginning in July, FTX logos will be featured on all umpires’ uniforms. “The Hash” panel reacts, digging into the world of sports and crypto.
FTX CEO: Bitcoin Mining Council ‘Can’t Work Like OPEC’ Since Anyone Can Mine Bitcoin
FTX CEO Sam Bankman-Fried reacts to announcement of a new Bitcoin Mining Council by MicroStrategy CEO Michael Saylor and Tesla CEO Elon Musk during an interview on “First Mover” at Consensus 2021.
Sam Bankman-Fried’s Crypto Markets Outlook
The crypto markets have been volatile over the last few weeks, spooked by China’s threats to miners and Elon Musk’s tweets flip-flopping on bitcoin’s sustainability. FTX founder Sam Bankman-Fried weighs in on what’s going on in the crypto markets and what he expects to see in the near term.