FTX seeks to claw back political donations by the end of February
FTX’s new management is sending messages to politicians and political groups to return donations by the end of the month. Go to Source Powered by WPeMatico
Sam Bankman-Fried
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FTX-tied townhouse in Washington DC unlisted: Report
A few blocks from the U.S. Capitol, the townhouse belongs to Guarding Against Pandemics, a nonprofit organization founded by Gabriel Bankman-Fried, SBF’s brother. Go to Source Powered by WPeMatico
Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder
As the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including Sam Bankman-Fried (SBF), co-founder of FTX; Caroline Ellison, former … Read more
Sam Bankman-Fried’s holding company files for bankruptcy
Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX’s. Go to Source Powered by WPeMatico
DOJ-Appointed US Trustee Objects to Subpoena Request in FTX Bankruptcy Case
Following a request from FTX lawyers to subpoena FTX co-founder Sam Bankman-Fried (SBF) and members of his family, the U.S. Trustee appointed by the Department of Justice has filed an opposition to the request. The U.S. Trustee explained that the motion would duplicate the efforts of the federally appointed independent examiner. U.S. Trustee Argues for … Read more
Alameda Research wallet receives $13M from Bitfinex, other sources
The assets transferred to Alameda’s consolidation wallet are reportedly part of bankruptcy recovery efforts. Go to Source Powered by WPeMatico
New FTX documentary to spotlight SBF-CZ relationship
The documentary will examine the dynamic relationship between Sam Bankman-Fried and Binance founder Changpeng Zhao. Go to Source Powered by WPeMatico
Federal judge bars SBF from contacting FTX and Alameda employees, using Signal
Sam Bankman-Fried could also be barred from accessing FTX and Alameda funds as part of his bail conditions, with a judge scheduled to discuss the matter in a Feb. 7 hearing. Go to Source Powered by WPeMatico
FTX debtors seek subpoenas for inner circle of Sam Bankman-Fried
FTX and affected parties have requested court subpoenas to force Sam Bankman-Fried’s closest advisors to provide documents and information for ongoing investigations. Go to Source Powered by WPeMatico
FTX Debtors Seek Dismissal of Turkish Entities in Chapter 11 Bankruptcy Proceedings
FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy proceedings. The defunct crypto exchange’s lawyers believe dismissing the entities “is in the best interests” of creditors, and FTX debtors do not believe Turkish authorities “or any liquidator” in the country will cooperate with officials … Read more