Commentary There has always been a great deal of fishiness surrounding the blowup of the crypto exchange FTX and its founder Sam Bankman-Fried. The company seemed to appear out of nowhere. In the crypto industry, in which I’ve been hanging around for 10 years, he was a complete unknown. And yet his company quickly became…
NTD Business (March 28): IRS Visits Journalist, Lawmaker Wants Answers; More Bank Danger After SVB’s Fall?
The IRS visited the home of a journalist as he testified about government abuse. Is it witness intimidation? We ask a civil rights group. At the first hearing on the Silicon Valley Bank collapse, senators questioned regulators on who is to blame for the failure. Generative AI images are starting to look real. Famous people…
FTX Founder Bankman-Fried Bribed Chinese Officials with $40 Million in Crypto: DOJ
Sam Bankman-Fried, the disgraced co-founder of cryptocurrency exchange FTX, bribed Chinese government officials with $40 million in cryptocurrency, the Department of Justice alleged in a new 13-count indictment (pdf). Federal prosecutors stated that accounts belonging to Bankman-Fried and others “directed and caused the transfer” of at least $40 million in crypto “intended for the benefit…
Bankman-Fried’s Lawyers Say October Trial May Need to Be Delayed
March 9, 2023
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bitcoinBusiness & MarketsCrime and IncidentscryptocurrencydefenseDelayMarketsSam Bankman-FriedUSUS News
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NEW YORK—Sam Bankman-Fried’s lawyers said on Wednesday it may be necessary to delay the FTX cryptocurrency exchange founder’s scheduled Oct. 2 criminal trial, arguing it may take more time than expected to review the evidence and prepare a defense. In a letter to U.S. District Judge Lewis Kaplan, the 31-year-old former billionaire’s lawyers said federal…
Bankman-Fried Can Have Flip Phone, Limited Internet While on Bail, US Proposes
NEW YORK—Sam Bankman-Fried should be allowed while on bail to have a flip phone with no internet capability and a basic laptop with limited functions, but be forbidden from using other electronic communication devices, the U.S. Department of Justice said. The proposal to limit the indicted FTX cryptocurrency exchange founder’s communications was filed late on…
FTX Lawyers Threaten Politicians: Return Donations or Be Sued
February 11, 2023
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Business & Marketseconomyfix donationsftx bankruptcyFTX CollapseInvestmentpolitical donationsPoliticsSam Bankman-FriedUSUS News
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FTX bankruptcy attorneys sent out private letters last week to politicians and PACs who received donations from the company, giving them until Feb. 28 to return the money voluntarily or face legal action. According to a company statement, “to the extent such payments are not returned voluntarily, the FTX Debtors reserve the right to commence…
Is China the Rising Power It Says It Is? Its Population Crisis Says Otherwise | The Larry Elder Show | EP. 122
February 7, 2023
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African American historybitcoinChina's PopulationChinese spy ballooncritical race theoryCRTcryptocurrencyDigital PasswordEpochTVFTXLive Videosone-child policySam Bankman-Friedsocial credit systemThe Larry Elder ShowVideo
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China has announced that its population declined in 2022 by 850,000 people—the first such decline in 60 years, since the disastrous “Great Leap Forward.” Reggie Littlejohn, President of Women’s Rights Without Frontiers, has been working to stop forced abortion in China for many years. She joins Larry Elder to discuss China’s one-child policy and the digital…
PREMIERING 3 PM ET: Is China the Rising Power It Says It Is? Its Population Crisis Says Otherwise | The Larry Elder Show | EP. 122
February 7, 2023
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African American historybitcoinChina's PopulationChinese spy ballooncritical race theoryCRTcryptocurrencyDigital PasswordEpochTVFTXLive Videosone-child policySam Bankman-Friedsocial credit systemThe Larry Elder ShowVideo
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China has announced that its population declined in 2022 by 850,000 people—the first such decline in 60 years, since the disastrous “Great Leap Forward.” Reggie Littlejohn, President of Women’s Rights Without Frontiers, has been working to stop forced abortion in China for many years. She joins Larry Elder to discuss China’s one-child policy and the digital…
Judge Bars Sam Bankman-Fried From Contacting FTX Employees
February 2, 2023
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Business & MarketsCompaniescryptocurrencyFTXJudiciaryMarketsMedia & Big TechSam Bankman-FriedUSUS News
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A New York judge on Feb. 1 granted a request from the Department of Justice to block Sam Bankman-Fried from attempting to contact both current and former employees of the failed cryptocurrency exchange FTX. U.S. District Court Judge Lewis Kaplan also ruled that the block applies to current and former employees of FTX’s sister hedge fund,…
FTX Token Rallies After New Chief Says Bankruptcy Exchange Could Restart
FTT, the native digital token for bankrupt cryptocurrency exchange FTX, rallied as much as 35 percent on Thursday after a report revealed that new CEO John J. Ray III is considering restarting the platform. According to The Wall Street Journal, Ray has established a team to look at resuscitating FTX.com, the website that maintains non-U.S….
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