Salt Lake City Police Shoot 16-Year-Old Wielding Broomstick
A police officer shot a 16-year-old boy when he refused to drop the broomstick he was holding in Salt Lake City last night.
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Salva Kiir Mayardit: Rape, Murder and $2M For Washington PR Firms
By almost any objective measure, the fledgling nation of South Sudan is a disaster. Reeling from a violent power struggle that’s left an estimated 50,000 people dead just in the past three years and with a gross domestic product of just $2,000 per capita, it’s one of the world’s poorest, most unsafe nations.
Sam Bankman-Fried blames Changpeng Zhao for ‘targeted’ campaign to destroy FTX
Sam Bankman-Fried accused Binance boss Changpeng “CZ” Zhao of waging a lengthy campaign to destroy his crypto empire on Thursday while making yet another attempt to explain what led to FTX’s catastrophic bankruptcy. In a lengthy Substack post, the disgraced former FTX CEO alleged that Zhao’s “fateful tweet” on Nov. 6 capped an “extremely effective…
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Sam Bankman-Fried claims he ‘misaccounted’ $8B in FTX funds
Math doesn’t seem to be the MIT graduate’s strength. Disgraced FTX founder Sam Bankman-Fried — an alum of the vaunted university — gave a bizarre explanation for an $8 billion budget shortfall that helped force the doomed cryptocurrency platform into bankruptcy last month — claiming he had simply “misaccounted” the cash. Bankman-Fried scrambled to explain…
DetailsSam Bankman-Fried denied $250K cash bail offer
Fallen FTX mogul Sam Bankman-Fried brought up his vegan diet and apparent ADD diagnosis as he begged a Bahamas judge to let him out of jail on Tuesday — with his attorney proposing a $250,000 cash bail to no avail, according to reports. A magistrate judge in the Bahamas denied bail for the 30-year-old accused…
DetailsSam Bankman-Fried directed to executives to hide $8 billion in liabilities
The case of “where did the money go” is beginning to unravel for crypto exchange FTX. On November 11, the exchange’s founder, Sam Bankman-Fried filed for Chapter 11 bankruptcy protection for FTX and about 130 of its affiliated companies. The decision came after a scurry of withdrawals left the exchange illiquid. On Wednesday, Bankman-Fried arrived…
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Sam Bankman-Fried ex Caroline Ellison, FTX co-founder Gary Wang plead guilty to fraud
The ex-girlfriend of disgraced crypto mogul Sam Bankman-Fried and a co-founder of FTX pleaded guilty to fraud charges in the collapse of the cryptocurrency exchange and are both cooperating with federal prosecutors, officials announced Wednesday night. Caroline Ellison, the former CEO of Bankman-Fried’s crypto hedge fund company Alameda Research, and Gary Wang, a co-founder of…
DetailsSam Bankman-Fried Hires the Go-to Lawyer for Financial Fraudsters
There are several barometers indicating just how much trouble FTX founder Sam Bankman-Fried is facing after incinerating billions of dollars of client money — his company’s balance sheet from hell, the deeply sketchy-sounding back channel for moving his customers’ funds around, the reported SEC and Bahamian probes. But the best measurement might just be his…
DetailsSam Bankman-Fried prosecutors target top Democrats for info on FTX donations
Prosecutors investigating accused crypto grifter Sam Bankman-Fried have demanded information from high-level Democrats — including the Democratic National Committee, the Democratic Congressional Campaign Committee and New York Rep. Hakeem Jeffries, the incoming House minority leader — to help prove their sprawling case, according to a report. Top Dem lawyer Marc E. Elias, who represents a…
DetailsSam Bankman-Fried remains in rat-infested Bahamian jail after extradition confusion
Sam Bankman-Fried remained in a Bahamian jail Monday despite reports he would allow his extradition to the US — following what a local judge called a “wasted day” in court. The 30-year-old alleged crypto grifter had been widely expected to give up his extradition fight Monday following his arrest in the Bahamas last week on US charges he’d defrauded…
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