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 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...]
Caroline Ellison: The Ex-Girlfriend of Sam Bankman-Fried at the Center of the FTX Trial
For more, check out Michael Lewis's book on the FTX scandal, "Going Infinite": https://amzn.to/46ja8tD. (Amazon affiliate link). Goes into a lot of detail on Ellison/SBF's tumultuous relationship. Caroline Ellison, former CEO of Alameda research and girlfriend of former FTX CEO Sam Bankman-Fried, found herself at the center of one of the biggest cryptocurrency financial … [Read more...]
Sam Bankman-Fried’s ex-girlfriend set to take stand as fraud trial’s star witness
Sam Bankman-Fried's fraud trial resumes on Tuesday (October 10) with testimony from his former colleagues at the now-bankrupt FTX cryptocurrency exchange, including his onetime girlfriend Caroline Ellison. The fifth day of the former crypto mogul's trial on charges of stealing billions of dollars in FTX customer deposits will kick off with defense lawyers' cross-examination of … [Read more...]
Kraken CEO Jesse Powell responds to NYT hit piece & explains what’s going on in crypto | E1487
Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp 0:00 Jason and Molly tee up today’s show! 2:50 Warriors win! Recapping the Warriors’ finals run 12:47 ActiveCampaign - Get 10% off your ActiveCampaign subscription today at https://activecampaign.com/promo/twist 14:00 Downmarket: what can you do? Lessons founders can learn from the Warriors’ leadership 22:37 … [Read more...]
Spain’s prosecutor accuses singer Shakira of tax fraud
Spain’s prosecutor accuses singer Shakira of tax fraud Representatives of Shakira said in a statement that the singer did not live in Spain until 2015, and has met all of her tax obligations to Spanish authorities. (AFP pic) MADRID: Spanish prosecutors filed charges against Colombian singer Shakira on Friday, accusing her of failing to pay 14.5 million … [Read more...]
Shakira likely to face 8-year jail term in Spain for alleged $14.7 mn tax fraud
#shorts Shakira likely to face 8-year jail term in Spain for alleged $14.7 mn tax fraud A Spanish prosecutor is seeking a prison term of eight years for singer Shakira over a $14.7 million tax fraud case, a prosecutor's office document showed. Earlier this week, she rejected a settlement offer to close the case. She's accused of failing to pay taxes between 2012 and 2014, a … [Read more...]
Shakira’s Tax Fraud Case: “Innocence Will Be Proven” | E! News
Shakira's rep tells E! News the tax fraud allegations against her are "baseless" after reports the singer rejected Spanish prosecutors' offer to settle the case. Full Story: https://www.eonline.com/news/1339629/shakira-confident-that-her-innocence-will-be-proven-as-she-rejects-tax-fraud-case-settlement #Shakira #ENews Subscribe: http://bit.ly/enewssub About E! News: The E! … [Read more...]
Former friend to fake heiress Anna Sorokin on how she says she was conned out of $60K l Nightline
Rachel Williams said Sorokin offered her an all-expenses-paid trip to Morocco in 2017, but that she was charged with the $62,000 bill. Sorokin was found not guilty of defrauding Anna. #Nightline #News #Anna Sorokin #fake heiress #Rachel Williams WATCH NIGHTLINE EPISODES: https://abc.go.com/shows/nightline ALSO AVAILABLE ON HULU: … [Read more...]