FTX Archives - Slay News

Judge Called On to Name & Shame FTX CEO’s Secret High-Profile $250 Million Bond Guarantors

The U.S. judge overseeing the fraud case against Sam Bankman-Fried (SBF) has come under pressure to name and shame the secret high-profile guarantors who helped front the FTX CEO and co-founder's $250 million bond. Eight major media outlets have asked the judge overseeing the case to make the names of…

FTX CEO ‘Created Secret Backdoor’ for Laundering Money, Court Hears

An attorney for bankrupt cryptocurrency exchange FTX has testified in court that former CEO Sam Bankman-Fried ordered a "secret backdoor" to be created for laundering money. FTX lawyer Andrew Dietderich told the court that Bankman-Fried instructed the company's cofounder Gary Wang to create the backdoor. The move enabled Bankman-Fried's hedge…

Clinton Judge Hides Identities of FTX CEO’s $250M Bail Backers

The Bill Clinton-appointed judge overseeing the billion-dollar fraud case of Sam Bankman-Fried has agreed to hide the identities of those who paid the disgraced FTX CEO's $250 million bail. Bankman-Fried, FTX's founder and a Democrat super donor, pleaded not guilty to the charges in a New York court on Tuesday.…

Crypto Billionaires Are Dying in Mysterious Circumstances around the World

Amid the recent collapse of the cryptocurrency exchange FTX, other crypto billionaires have been dying in mysterious circumstances around the world. Sam Bankman-Fried first captured headlines in the wake of crypto platform FTX’s spectacular fall from grace. FTX imploded just two days after the 2022 midterm election, which Bankman-Fried heavily…

FTX Associates ‘Cooperating with Investigators’ in Case against Sam Bankman-Fried

Two associates of former FTX CEO Sam Bankman-Fried are reportedly "cooperating with investigators" in the prosecutors' fraud case against the boss of the failed cryptocurrency exchange. Bankman-Fried former allies have pleaded guilty to criminal fraud charges related to the collapse of the FTX. Caroline Ellison, the former CEO of Alameda…

Top Executives Plead Guilty to Federal Fraud Charges in FTX Case

Two former top executives have pleaded guilty to federal fraud charges in the case against now-bankrupt cryptocurrency exchange FTX. Caroline Ellison, the former CEO of Alameda Research, and Gary Wang, a co-founder of FTX, have both reportedly pleaded guilty and are cooperating in the criminal fraud case. Prosecutors say the…

FTX CEO Sam Bankman-Fried Denied Bail after Arrest, Faces up to 115 Years in Jail

Bankrupt cryptocurrency exchange FTX co-founder Sam Bankman-Fried has been denied bail after his arrest in the Bahamas. Bankman-Fried was taken into custody by Bahamian authorities at the request of the U.S. government on Monday. On Tuesday, Chief Magistrate Joyann Ferguson-Pratt ruled that Bankman-Fried’s $250,000 bail request would be denied. The…

Major Democrat Donor Arrested in Bahamas as U.S Files Criminal Charges against Sam Bankman-Fried

Bankrupt cryptocurrency exchange FTX founder Sam Bankman-Fried, one of the largest donors to Democrat politicians and liberal causes in history, was arrested in The Bahamas today. Bankman-Fried was arrested by local authorities after the United States Attorney for the Southern District of New York shared a sealed indictment with the…

Sam Bankman-Fried Seeks to Launch New Business after FTX Collapse

FTX founder Sam Bankman-Fried has revealed his plans to launch a new business venture just weeks after the historic collapse of his cryptocurrency exchange. Bankman-Fried is currently facing a number of civil lawsuits brought against both him and his failed company. In an interview with the BBC published on Saturday,…

Elon Musk: FTX CEO Funneled ‘Over $1B’ to Democrats

Twitter boss Elon Musk has demanded to know where "the money went" after declaring that Sam Bankman-Fried, the disgraced former CEO of cryptocurrency exchange FTX, funneled "over $1B" to Democrats. If the number is accurate, Musk's allegation would mean Sam Bankman-Fried (SBF) donated significantly more than the initially reported $40…