Tag: bankman-fried:
Financial Crime: If Sam Bankman-Fried committed fraud, he’ll face the music in the U.S, legal experts say
‘The Big Short’ author Michael Lewis is writing a book about FTX founder Sam Bankman-Fried
The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried
FTX files for Chapter 11 bankruptcy as CEO Sam Bankman-Fried resigns
Crypto’s no-good, very bad 2022 got even worse as FTX (along with its international platform, the independent FTX.us exchange, and Alameda Research), previously the world’s third-largest crypto exchange by volume, couldn’t come up with the money to satisfy customers’ withdrawal requests and then suffered an aborted acquisition attempt by a competitor.
Now, the company is filing for Chapter 11 bankruptcy in the United States while announcing that founder and CEO Sam Bankman-Fried has resigned from his post. Seamus Hughes pointed out that the bankruptcy filing itself is now available (pdf), and it lists a total of 134 corporate entities included in today’s announcement, as well as the proposed appointment of crypto investor Stephen Neal…
Daily Crunch: FTX CEO Sam Bankman-Fried quits as crypto exchange files for bankruptcy
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Daily Crunch: FTX CEO Sam Bankman-Fried quits as crypto exchange files for bankruptcy by Christine Hall originally published on TechCrunch