Bankman-Fried’s handling of FTX’s finances is under immense scrutiny.
Disgraced former FTX CEO Sam Bankman-Fried reportedly gave himself a $300 million windfall last year when his then-red-hot cryptocurrency exchange secured a massive fundraising round.
Of the massive total, $300 million went to Bankman-Fried after he sold a portion of his personal stake in FTX, thereported Friday, citing financial records and people familiar with the transaction. The 30-year-old reportedly told investors the money was a partial reimbursement after he bought out rival platform Binance’s stake in FTX some months earlier.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Binance CEO Changpeng Zhou takes swipe at Sam Bankman-Fried following new revelations from bankruptcy filingPerhaps it's one last dagger, but Binance CEO Changpeng Zhou just could not resist a little dig at the fallen FTX chief executive Sam Bankman-Fried.
Weiterlesen »
Sam Bankman-Fried rumor mill running amok: Trading course, FBI extradition, FTX hackReports citing anonymous sources say that American and Bahamian authorities are considering flying SBF to the United States for questioning.
Weiterlesen »
Effective Altruism Is Better Off Without Sam Bankman-FriedThe popular Silicon Valley philosophy has taken major blows. But it still has something to offer—if it makes significant changes.
Weiterlesen »
FTX suggests Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy: FilingFTX lawyers said Bahamian regulators directed Sam Bankman-Fried to transfer digital assets to the custody of the Bahamian government.
Weiterlesen »
What Does Congress Do With a Problem Like Sam Bankman-Fried?The FTX founder was once crypto’s trusted ambassador in Washington. His collapse has thrust lawmakers into chaos: Do crypto regulation bills need to be passed now, or are they too tainted by his touch?
Weiterlesen »
WSJ News Exclusive | FTX’s Sam Bankman-Fried Cashed Out $300 Million During Funding SpreeNearly three-quarters of the $420 million that FTX raised in a fundraising blitz last year went to founder Sam Bankman-Fried, who sold some of his personal stake in the company, according to FTX financial records reviewed by The Wall Street Journal and people familiar with the transaction.
Weiterlesen »