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Tag
Sam Bankman-Fried
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FTX scrambles for funds as regulators take action
Regulators froze some assets of distressed cryptocurrency exchange FTX and industry peers raced to limit losses Friday amid problems at the firm and scrutiny of its chief executive, Sam Bankman-Fried.
Former FTX CEO Bankman-Fried arrested in Bahamas, US to unveil charges
Sam Bankman-Fried, who founded and led FTX until a liquidity crunch forced the cryptocurrency exchange to declare bankruptcy last month, was arrested on Monday in The Bahamas after being criminally charged by U.S. prosecutors.
Bankman-Fried leaves Bahamas after consenting to extradition
FTX founder Sam Bankman-Fried left the Bahamas on Wednesday on an aircraft bound to the United States, according to a person familiar with the matter and a Reuters witness who saw the plane take off.
December 21, 2022 | 07:01 pm PT
US DOJ to seize $465M of Robinhood shares tied to Bankman-Fried
U.S. prosecutors are in the process of seizing shares of Robinhood Markets Inc tied to Sam Bankman-Fried, who has been charged with fraud in the collapse of the FTX cryptocurrency exchange.
January 4, 2023 | 07:26 pm PT
Bankrupt crypto exchange FTX has recovered $7.3B in assets
Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company's attorney said at a court hearing in Delaware.
April 12, 2023 | 05:43 pm PT