Posts by tag: "Sam Benkman-Fried"

Sam Benkman-Fried found guilty of fraud - FTX founder faces up to 110 years in prison

Benkman-Fried was detained in December 2022 in the Bahamas after the collapse of the cryptocurrency exchange FTX he founded. A jury found Sam Bankman-Fried guilty on all 7 counts of fraud and conspiracy. According to The New York Times, he faces a m...

FTX founder Sam Bankman-Fried wanted to buy the island nation of Nauru with investor funds and build a bunker there

Crypto

July 21, 2023 at 5:56 PM Comments (0)Views (0)

FTX founder Sam Bankman-Fried wanted to buy the island nation of Nauru with investor funds and build a bunker there

The latest lawsuit from FTX Trading reveals new details of massive fraud and personal desires of Bankman-Fried. In particular, the complaint states that the former director of the company's subsidiary hedge fund Alameda Research (and Bankman-Fried's...