Tag: Crypto

A "close associate" of Sam Bankman-Fried has been an informant to the Bahamas' security commission and may have tipped off the authorities on where he was staying at the time of his arrest. According to the Financial Times, the co-chief of FTX's Bahamas unit, Ryan Salame, informed the country's...

According to a story from Bloomberg on Tuesday, the United States and the Bahamas may be interested in sending FTX founder Bankman-Fried on a plane to talk with Uncle Sam about the now-infamous failure of his cryptocurrency exchange. The 30-year-old crypto entrepreneur who goes by the handle SBF has reportedly...

According to Travis Kling, the chief investment officer and founder of the California-based hedge fund Ikigai Asset Management, a "vast proportion" of the company's assets were held on the now-bankrupt cryptocurrency exchange FTX. The headlines are not jokes and memes. Billions of dollars of people’s money is being held hostage....

BREAKING: Sam Bankman-Fried, commonly referred to as SBF, has just filed for bankruptcy and personally owes lenders over $650 Million. In less than 48 hours, the FTX founder and once prodigy child and touted king of crypto has gone from a $16 billion net worth, to practically broke. FTX faces...