Tag: Sam Bankman-Fried

Sam Bankman-Fried Attorneys Ask Judge to Remove Security Measures for ‘Close Friends’ Visiting

Lawyers for Sam Bankman-Fried on July 13 asked the judge overseeing his criminal prosecution to allow “close friends and colleagues” of the former FTX founder’s parents to visit him at his home without a security guard having to be present or conduct security checks. Mr. Bankman-Fried was extradited to the United States from the Bahamas in…


FTX Lied to Banks for Years About Misappropriated Customer Funds, New CEO Says

Cryptocurrency derivatives exchange FTX has been lying to banks about the suspicious movements of customer assets as far back as 2020, the company’s new leadership alleged in court filings. Once a $32 billion crypto empire, FTX collapsed in November 2022 after its disgraced founder Sam Bankman-Fried allegedly misappropriated customers’ money to cover losses at his…


Bankman-Fried to Get 2nd Trial on Bank Fraud, Bribery Counts

NEW YORK—A U.S. judge on Thursday granted a request from prosecutors to try some of their charges against Sam Bankman-Fried in a second trial next year separate from his scheduled Oct. 2 trial over the collapse of now-bankrupt cryptocurrency exchange FTX. Bankman-Fried, 31, will be tried on March 11, 2024, on five counts, including bank…


Biden Courts Mega-Donors at Luxury Washington Hotel

With his 2024 reelection bid firmly launched, President Joe Biden is taking part in an April 28 Democratic National Committee (DNC) reception at the luxury Salamander D.C. Hotel in Washington. It’s part of a multi-day meeting with 150 top Democratic donors, as reported by the Associated Press (AP). First Lady Jill Biden accompanied her husband…


FTX Failure Rooted in ‘Hubris,’ ‘Greed,’ Debtors Report Says

Failed crypto exchange FTX Trading Ltd. lacked a control framework, and collapsed due to “hubris, incompetence, and greed,” according to a new review of FTX, which mentioned that the previous management “stifled dissent” and “joked internally about their tendency to lose track of millions of dollars in assets.” The review was published as an interim…


PREMIERING NOW: Kash’s Corner: Sam Bankman-Fried Bribed CCP Officials With Over $40 Million; Moderna’s $400 Million ‘Kickback’ to NIH Scientists?

The National Institute of Allergy and Infectious Diseases (NIAID), which is part of the NIH, received $400 million from Moderna in a “catch-up payment,” according to a newly disclosed contract that The Epoch Times obtained through a Freedom of Information Act request. So where is the money going? Which government officials are getting the money?…


Kash’s Corner: Sam Bankman-Fried Bribed CCP Officials With Over $40 Million; Moderna’s $400 Million ‘Kickback’ to NIH Scientists?

The National Institute of Allergy and Infectious Diseases (NIAID), which is part of the NIH, received $400 million from Moderna in a “catch-up payment,” according to a newly disclosed contract that The Epoch Times obtained through a Freedom of Information Act request. So where is the money going? Which government officials are getting the money?…


PREMIERING 8PM ET: Kash’s Corner: Sam Bankman-Fried Bribed CCP Officials With Over $40 Million; Moderna’s $400 Million ‘Kickback’ to NIH Scientists?

The National Institute of Allergy and Infectious Diseases (NIAID), which is part of the NIH, received $400 million from Moderna in a “catch-up payment,” according to a newly disclosed contract that The Epoch Times obtained through a Freedom of Information Act request. So where is the money going? Which government officials are getting the money?…


LIVE NOW: FTX’s Bankman-Fried Gets Arraigned on New Charge

Sam Bankman-Fried, the founder of the bankrupt FTX cryptocurrency exchange, is arraigned in Manhattan federal court at 10:00 a.m. ET on March 30 on a 13-count indictment, including a new charge of conspiring to pay bribes to Chinese officials. Bankman-Fried previously pleaded not guilty to eight of the counts. U.S. District Judge Lewis Kaplan will…


FTX’s Bankman-Fried Gets Arraigned on New Charge

Sam Bankman-Fried, the founder of the bankrupt FTX cryptocurrency exchange, is arraigned in Manhattan federal court at 10:00 a.m. ET on March 30 on a 13-count indictment, including a new charge of conspiring to pay bribes to Chinese officials. Bankman-Fried previously pleaded not guilty to eight of the counts. U.S. District Judge Lewis Kaplan will…