FTX CEO – DIGIT INFO

It sounds fishy, but SBF really IS trading mackerel in prison: Report

DIGIT — Fri, 24 Nov 2023 00:45:56 +0000

The former billionaire paid four “macks” for a haircut before his trial while staying at the Brooklyn Metropolitan Detention Center.

Go to Source

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

DIGIT — Thu, 30 Mar 2023 00:34:56 +0000

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his […]

Go to Source

New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business

DIGIT — Sun, 18 Dec 2022 23:00:41 +0000

According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J. Ray III, recently told members of the U.S. Congress that Joseph Bankman […]

Go to Source

FTX hires forensics team to find lost customers’ billions: Report

DIGIT — Thu, 08 Dec 2022 02:40:00 +0000

Lawyers have claimed FTX assets are either stolen or missing and now a team of financial forensic experts is attempting to trace the money trail.

Go to Source

Legal professionals astonished as SBF admits failures, apologizes 12 times in interview

DIGIT — Thu, 01 Dec 2022 05:43:30 +0000

The former FTX CEO has offered multiple apologies and admitted failings at least a dozen times during the one-hour interview.

Go to Source

New FTX CEO Says Sam Bankman-Fried Does Not Speak on Firm’s Behalf, After SBF’s Candid Interview With Vox

DIGIT — Thu, 17 Nov 2022 14:30:28 +0000

Following the former FTX CEO Sam Bankman-Fried’s (SBF) interview with the New York Times and several direct text messages with Reuters, SBF recently did a much longer and more candid interview with Vox journalist Kelsey Piper. After the interview done via Twitter direct messages, the current FTX chief restructuring officer and CEO John Ray explained […]

Go to Source

FTX CEO Confirms Reports of ‘Unauthorized Access to Certain Assets,’ Team Is ‘Coordinating With Law Enforcement’

DIGIT — Sat, 12 Nov 2022 22:30:37 +0000

Following the reports that said FTX wallets were being drained and the FTX Telegram channel’s admins that detailed its possible malware might be present in FTX-related apps and websites, the company’s new CEO John Ray confirmed there were “unauthorized transactions.” The news was shared by FTX US’s general counsel Ryne Miller and retweeted by FTX’s […]

Go to Source

Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves

DIGIT — Wed, 09 Nov 2022 14:30:06 +0000

On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of […]

Go to Source

Report: FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals

DIGIT — Tue, 08 Nov 2022 21:00:47 +0000

According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore, the staff member’s account notes that withdrawals on the exchange FTX.com were “effectively paused.” Report Claims FTX CEO Said Exchange […]

Go to Source

Bankruptcy Court Publishes 14,000 Pages of Celsius Customer Usernames and Trade History

DIGIT — Fri, 07 Oct 2022 13:30:29 +0000

The crypto community is upset about a recent discovery stemming from the Celsius bankruptcy case as a court filing has revealed over 14,000 pages of the usernames and trading histories of the company’s customers. While the file does not disclose personal information tied to the user’s finance providers or the customer’s residential address, the crypto […]

Go to Source