'Why aren't you in jail already?' Internet erupts after Sam Bankman-Fried confirms participating in New York Times' DealBook - MarketWatch

FTX founder Sam Bankman-Fried confirmed he will participate in the New York Times’ DealBook Summit in November. SBF will be interviewed by journalist Andrew Ross Sorkin, who tweeted that “nothing is off limits” when it comes to interviewing SBF. The 29-year-old will be appearing alongside Larry Fink, Reed Hastings and Reed Hastings.
#SamBankmanFried #FTX #’DealBookSummit #News #Technology #Internet

2 days ago

Apple Close To Bagging Streaming Rights For 'Big Short' Author's Book On FTX, Sam Bankman-Fried Saga: Report - Netflix (NASDAQ:NFLX), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN) - Benzinga

Michael Lewis' latest work on Sam Bankman-Fried and FTX is set to be turned into a feature film. Film director Adam McKay, who adapted 'The Big Short' into a movie, is reportedly expected to be involved. FTX and Alameda Research filed for bankruptcy on Nov. 11. The unraveling of the firms led cryptocurrencies like Bitcoin and Ether to plummet in value.
#SamBankman #Apple #FriedSaga #SamBankmanFried #News #Entertainment #Books

4 days ago

Sam Bankman-Fried, FTX team among top political donors before bankruptcy

FTX founder Sam Bankman-Fried and members of his team rose from relative obscurity in Washington to be among the biggest donors in US politics. FTX’s contributions, crypto became one of the biggest-spending industries in politics during the most-recent election cycle, with campaign donations exceeding those of the defense and auto industries combined.
#SamBankman #FTX #Washington #News #Entertainment #Books

5 days ago

Binance boss CZ calls disgraced FTX founder Bankman-Fried a 'psychopath' over tell-all threat

Binance CEO Changpeng Zhao accuses Sam Bankman-Fried of being a dangerous lunatic. Zhao was responding to a question from a moderator at an investment summit sponsored by the Milken Institute. Zhao has previously said he suspected FTX's collapsed empire was responsible for leaks that endangered his children. The FTX collapse wiped away all of the founder's wealth, and he may be facing jail time.
#BankmanFried #FTX #News #Business #Economy

1 weeks ago

With FTX bankrupt, politicians should get rid of Sam Bankman-Fried’s cash - The Washington Post

Sam Bankman-Fried implied earlier this year that he might spend as much as $1 billion on political donations before 2024. He gave more than $13 million to candidates and organizations of both parties in just this past midterm election cycle. The problem is that it is unclear where the money came from; it's unclear where it came from.
#SamBankman #FTX #News #Business #Economy

1 weeks ago

New CEO of FTX blasts its handling of financial information

John Ray III, the new CEO of the collapse cryptocurrency trading firm FTX, who oversaw Enron's bankruptcy, said he has never seen such a “complete failure of corporate control. Ray was named CEO of FTX less than a week ago when the company filed for bankruptcy protection and CEO and founder Sam Bankman-Fried resigned.
#JohnRayIII #FTX #News #Entertainment #Tv

1 weeks ago

'Dr Doom' Nouriel Roubini says after Sam Bankman-Fried, crypto king CZ is a 'walking time bomb'

Binance exchange founder Changpeng "CZ" Zhao should be kicked out of the UAE, says Nouriel Roubini. The economist said he could not believe that CZ has a license to operate in the UAE. He said CZ would be worse than disgraced FTX founder Sam Bankman-Fried, who founded FTX.
#DrDoom #FTX #UAE #News #Business #Economy

1 weeks ago

Author Michael Lewis spent 6 months with FTX's Sam Bankman-Fried for book on crypto

Michael Lewis appears to have spent six months with FTX founder Sam Bankman-Fried, interviewing him for his new book. Lewis is known for writing both books and articles on financial crises and behavioral finance for Bloomberg and New York Times. The best-selling author is likely to touch upon the rivalry between Binance CEO Changpeng Zhao and FTX's founder Sam. Binance, the world’s largest cryptocurrency exchange, agreed to take over FTX last week.
#MichaelLewis #FTX #News #Entertainment #Books

1 weeks ago

'That's What Ended Up Breaking It': Vitalik Buterin Tells Benzinga What Broke FTX, Why Solana, Ethereum Didn't Fail - Ethereum (ETH/USD), Solana (SOL/USD)

Vitalik Buterin says FTX chief Sam Bankman-Fried donated large amounts to politicians is what ended up breaking the cryptocurrency exchange. FTX was an exchange run by a person who is very politically connected and apparently was in the process of trying pretty hard to get some no-action letters from the SEC. He added that FTX's rapid decline into bankruptcy has undoubtedly sent shockwaves through the global crypto market.
#VitalikButerin #Benzinga #News #Business #Economy

2 weeks ago

Stock Market News Today: S&P 500 Has Best Week Since June

The S&P 500 marked its best weekly gain since in June, aided by cooler October inflation. China eased quarantine requirements for travelers coming into the country who tested positive for coronavirus. Bitcoin and other cryptocurrencies fell after FTX filed for bankruptcy, with Sam Bankman-Fried stepping down as CEO.
#SamBankmanFried #S&P #500 #China #News #Business #Markets

2 weeks ago

Embattled crypto exchange FTX files for US bankruptcy protection, CEO resigns

FTX is suffering from a liquidity crunch after customers withdrew their funds at a frenetic pace. The company also informed that its CEO Sam Bankman-Fried will resign from his role.
#SamBankmanFried #FTX #News #Business #Economy

2 weeks ago

Stock Market News: Investors Eye China Zero-COVID Easing, FTX Bankruptcy

US stocks opened mixed Friday after the prior day's massive rally. China reduced quarantine requirements for travelers coming into the country who tested positive for coronavirus. FTX filed for bankruptcy, with Sam Bankman-Fried also stepping down as CEO. BlockFi said it's halting client withdrawals and limiting activity on its platform, citing uncertainty surrounding FTX.
#SamBankmanFried #FTX #China #News #Business #Markets

2 weeks ago

Cryptocurrencies slump again amid fallout from FTX sale

Bitcoin fell to its lowest level since December 2020. FTX Trading was forced to sell itself to larger rival Binance. Customers fled the exchange after becoming concerned about whether FTX had sufficient capital. The sudden sale was a shocking turn of events for FTX CEO and founder Sam Bankman-Fried.
#SamBankmanFried #FTX #News #Business #Markets

2 weeks ago