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Bankman-Fried while out on bail can only use 'non-smartphone' without internet
Limiting the FTX founder Sam Bankman-Fried’s access to a device that gained popularity when he was about three years old is the latest development in a fight over his communications. The functions on his phone will be restricted to voice calls and SMS text messages.
Updated on Mar 05, 2023 02:46 AM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
Bankman-Fried faces new criminal charges, accused of hiding political donations
After founding FTX in 2019, Bankman-Fried rode a boom in the value of Bitcoin and other digital assets to attain an estimated $26 billion net worth. The exchange collapsed in November amid a flurry of customer withdrawals over concerns the exchange was commingling assets with Alameda.
Published on Feb 23, 2023 10:43 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar
Bitcoin price highest since August ahead of Chinese New Year
Bitcoin, the largest cryptocurrency rose as much as 2.1% to $22,786, the highest level since August 18. It also had strong gains over Friday and Saturday last weekend. Second-ranked Ether advanced as much as 2.4% to levels not seen since September.
Published on Jan 21, 2023 04:29 PM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
Goldman Sachs sees opportunity to invest in crypto firms after FTX collapse
FTX's implosion has heightened the need for more trustworthy, regulated cryptocurrency players, and big banks see an opportunity to pick up business, Mathew McDermott, Goldman's head of digital assets, told Reuters.
Published on Dec 06, 2022 12:08 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar
Bankman-Fried's FTX, parents bought Bahamas property worth $121 mn: Report
The most expensive purchase was a $30 million penthouse at the Albany, a resort where Tiger Woods hosts a golf tournament every year. FTX Property Holdings Ltd, an FTX unit, bought 15 properties worth nearly $100 million in 2021 and 2022.
Published on Nov 22, 2022 11:47 AM IST
Reuters | | Posted by Singh Rahul Sunilkumar
