Tag: Samuel Bankman-Fried

Oregon Secretary of State Shemia Fagan Under Fire for Alleged Ethics Violations

Oregon Secretary of State Shemia Fagan is under fire since news broke on April 27 that she had been moonlighting as a cannabis industry consultant while her office was conducting an audit that proved favorable to that industry. The audit results essentially call to loosen regulation of the cannabis industry and encourage the state to…


FTX Founder Bankman-Fried Hit With 4 More Charges, Including Illegal Campaign Donations

An indictment against former FTX CEO Samuel Bankman-Freid was made public on Feb. 23, and included 12 statutory allegations, including wire fraud, securities fraud, and conspiracy to make unlawful political contributions. FTX was founded in 2019 and was controlled by Bankman-Freid, along with several smaller companies, including FTX.US and Alameda Research. The defendant is accused of misappropriating…


The FTX Collapse: A ‘Perfect Crisis’ With Many Unanswered Questions

Commentary As the impact of the FTX collapse continues to unfold, there are several aspects of the event that reach well beyond the cryptocurrency world. And as more information comes out, the more important the situation appears. A Few Facts and Curious Coincidences First of all, the massive financial scandal has left investors with billions…


Democrat on House Financial Services Committee Hired FTX Crypto Kingpin’s Brother

Commentary A Democrat who sits on the House Financial Services Committee hired the brother of the head of the bankrupt cryptocurrency company FTX, potentially raising ethical questions. Gabe Bankman-Fried, the younger brother of FTX CEO Samuel Bankman-Fried, went to work in January 2019 for Rep. Sean Casten (D-Ill.). Casten, then a freshman congressman, was named that same…