From: zerohedge Did SBF Buy Puff-Piece Propaganda? | ZeroHedge As FTX founder Sam Bankman-Fried faces extradition to the USA following his fund’s commingled asset implosion, one might be a bit confused about the gravity of the situation given recent press coverage. For example, the on Monday published a cowering puff-piece which mentioned exactly none of […]

From: zerohedge Here Come “Programmable Dollars”: New York Fed And 12 Banking Giants Launch Digital Dollar Test | ZeroHedge Never let a crisis go to waste. Or a market crash for that matter. With equity and bond markets stuck in brutal bear markets and providing a sufficient distraction to what is happening behind the scenes, […]

From: zerohedge FTX Facing Criminal Probe By Bahamas Authorities, But Musk Counters There Will Be “No Investigation” Of “Major Democrat Donor” SBF | ZeroHedge Amid growing speculation of his whereabouts, Bloomberg reports that Sam Bankman-Fried was interviewed by Bahamian police and regulators on Saturday, although Bloomberg was quick to add that in the Bahamas, law-enforcement inquiries […]

From: zerohedge FTX Hit By Mysterious $662 Million Outflow Amid Revelation That SBF Implemented Bookkeeping “Backdoor” | ZeroHedge Summary: Sam Bankman-Fried’s now bankrupted crypto exchange FTX plunged into further chaos late Friday night and Saturday morning after the company detected unauthorized transactions.  Bloomberg said the exchange was “hit by a mysterious outflow of about $662 […]

From: zerohedge Sam Bankman-Fried Bought Into Stakeholder Capitalism And Proved It’s A Disastrous Ideology | ZeroHedge While many analysts and economists will be talking for months about the epic downfall of crypto-exchange company FTX and its founder Sam Bankman-Fried, their focus will be primarily on the billions lost, the mismanagement of funds, the fraud inherent […]

From: zerohedge FTX Founder Spent $40 Million As Democrat Midterm Megadonor | ZeroHedge Leading up to Sam Bankman-Fried’s spectacular implosion – in which his firm FTX evaporated billions in wealth after the now-bankrupt cryptocurrency exchange allegedly commingled client assets with his trading firm into a liquidity crunch – he became the sixth-largest donor in this […]

From: zerohedge FTX Held Just $900MM In Liquid Assets Vs $9BN In Liabilities As Video Emerges Confirming Alameda Knew It Was Pilfering Client Funds | ZeroHedge On Friday, we first learned courtesy of a mystery twitter account belonging to an anonymous FTX insider, that the now bankrupt crypto exchange held just $900 million in liquid […]

From: zerohedge FTX Files For Bankruptcy, Sam Bankman-Fried Resigns As CEO | ZeroHedge As widely expected, FTX – which was clearly insolvent after the biggest fraud in crypto history – has filed for bankruptcy, and its soon-to-be incarcerated boss Sam Bankman-Fried, f/k/a “the JPMorgan of his generation”, has resigned as CEO. Here is a press […]

From: zerohedge Commodities Soar After China Eases Quarantine Rules | ZeroHedge Commodities from Iron to crude to copper to soybeans soared after China made a significant change to the zero Covid policy that has caused nothing but trouble in the world’s second-biggest economy.  Almost all commodities, whether agriculture, energy, or metals, traded higher following the […]

From: zerohedge Bankman-Fried ‘Lent’ Billions In Customer Funds To His Trading Firm, Setting The Stage For Implosion | ZeroHedge Alameda Research – Sam Bankman-Fried’s (SBF) FTX-affiliated crypto hedge fund – “owed” FTX $10 billion after the exchange “lent” billions of dollars of sacrosanct customer assets to fund risky bets, just as we suspected… only even […]