Caroline Ellison's parents, Sarah Fischer Ellison & Glenn Ellison, are spotted for the first time since their daughter emerged at the center of the FTX scandal. Sam Bankman-Fried's parents, Joseph Bankman and Barbara Fried, are likely to be under investigation (with their son) on charges of using customer funds for personal use. CHAPTERS 00:00 Caroline Ellison's parents 00:40 … [Read more...]
Intent will be the core of SBF trial: Crypto-focused lawyer Zack Shapiro
Zack Shapiro, managing partner at the crypto-focused law firm Rains, weighs in on Sam Bankman-Fried's trial and the impact on the digital asset industry. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV … [Read more...]
‘Devil In Nerd’s Clothes’: How Sam Bankman-Fried Fooled Everyone | Forbes Exclusive
Crypto insiders paint a picture of a charismatic tech founder who became the darling of high-powered investors, even as Sam Bankman-Fried was brazen about his cryptocurrency exchange’s shaky business model and kept the books closed to all but a few confidants; David Jeans joins "Forbes Newsroom" to tell the story. Read the full story on Forbes: … [Read more...]
Sam Bankman-Fried tossed in jail for leaking ex-girlfriend’s love letters
Indicted FTX founder Sam Bankman-Fried was hauled off to jail Friday after a federal judge revoked the fallen crypto king’s bail for allegedly leaking his ex-girlfriend’s love letters. US District Judge Lewis Kaplan sided with federal prosecutors who argued that Bankman-Fried had jeopardized his upcoming trial by leaking the personal writings of his former lover and business … [Read more...]
Understanding The Rise And Fall Of FTX, FTT And Alameda Research | Forbes
The fall of FTX and Sam Bankman-Fried revealed holes in the crypto space that industry peers, the media, and government officials either chose to overlook or refused to question further. Underneath FTX’s successful veneer was a fragile ecosystem led by young, ambitious founders determined to move mountains under the guise of Effective Altruism - an academic and social movement … [Read more...]
The Collapse Of FTX: Insiders Tell All | CNBC Documentary
Former billionaire, Sam Bankman-Fried, saw a meteoric rise as crypto's golden boy and an even more spectacular fall from grace as his $32 billion cryptocurrency exchange, FTX, collapsed in a matter of days. FTX customers and investors around the world watched in shock as a single tweet ignited a series of events that ended with the former crypto titan facing a dozen federal … [Read more...]
FTX: the legend of Sam Bankman-Fried | FT Film
FTX, Sam Bankman-Fried's cryptocurrency exchange, exploded onto the scene in just a few years. Endorsed by celebrities and accepted by the establishment, it attracted big-name investors and was valued at $32bn before it collapsed in a matter of days. Regulators fell for it, venture capitalists fell for it, celebrities fell for it - everyone fell for the legend of Sam #FTX … [Read more...]
FTX founder Sam Bankman-Fried denies ‘improper use’ of customer funds | GMA
The former FTX CEO spoke to George Stephanopoulos and ABC News following both companies in his cryptocurrency empire filing for bankruptcy last month. Subscribe to GMA's YouTube page: https://bit.ly/2Zq0dU5 Visit Good Morning America's homepage: https://www.goodmorningamerica.com/ Follow GMA: Facebook: https://www.facebook.com/GoodMorningAmerica Twitter: … [Read more...]
FTX Founder Allegedly Used Investor Funds for His Lifestyle
Once hailed as a genius, Sam Bankman-Fried's cryptocurrency exchange FTX was valued at $32 billion and was promoted by celebrities including Larry David. However, Bankman-Fried's empire came crashing down after he was arrested in the Bahamas for fraud. He lived in a luxury penthouse at a marina in the Bahamas with his girlfriend, Caroline Ellison, and eight other friends. … [Read more...]
Inside the downfall of cryptocurrency titan Sam Bankman-Fried l Nightline
Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, was charged with defrauding investors by the U.S. Securities and Exchange Commission on Tuesday. WATCH NIGHTLINE EPISODES: https://abc.go.com/shows/nightline ALSO AVAILABLE ON HULU: … [Read more...]