Category: FTX

Capitol Report: 40 Migrants Dead in Fire at Border Detention Facility; Federal Reserve Opens Investigation Into SVB

At least 40 people were killed in a fire at an immigration detention center near the southern border in Mexico, shedding light once again on the human toll of illegal immigration. Bodycam footage shows police responding to the Nashville school shooting. What do we now know about the shooter’s prior planning, and what does President…


FTX Founder Bankman-Fried Bribed Chinese Officials with $40 Million in Crypto: DOJ

Sam Bankman-Fried, the disgraced co-founder of cryptocurrency exchange FTX, bribed Chinese government officials with $40 million in cryptocurrency, the Department of Justice alleged in a new 13-count indictment (pdf). Federal prosecutors stated that accounts belonging to Bankman-Fried and others “directed and caused the transfer” of at least $40 million in crypto “intended for the benefit…


FTX Transferred $2.2 Billion to Bankman-Fried via Related Entities, New Managers Say

Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company’s new management said. Overall more than $3.2 billion was transferred through payments and loans to company founders and key employees, FTX said in a statement on Wednesday. These payments were made chiefly from Alameda Research…


Former FTX Executive Is 3rd to Plead Guilty in Cooperation Deal

NEW YORK—The former engineering director at FTX pleaded guilty to charges including conspiracy and wire fraud Tuesday, becoming the third executive from the collapsed cryptocurrency giant to strike a cooperation deal with prosecutors building a case against the company’s founder, Sam Bankman-Fried. The plea by Nishad Singh, 27, in what authorities have labeled one of…


FTX Gets Court Approval to Subpoena Founder Bankman-Fried, Other Insiders

Failed crypto firm FTX received court approval on Wednesday to issue subpoenas to its founder Sam Bankman-Fried and members of his family as part of the company’s investigation into “misappropriated and stolen” funds. FTX, a once-prominent crypto exchange, filed for bankruptcy protection in November amid allegations that Bankman-Fried used FTX customers’ money to prop up…


Is China the Rising Power It Says It Is? Its Population Crisis Says Otherwise | The Larry Elder Show | EP. 122

China has announced that its population declined in 2022 by 850,000 people—the first such decline in 60 years, since the disastrous “Great Leap Forward.” Reggie Littlejohn, President of Women’s Rights Without Frontiers, has been working to stop forced abortion in China for many years. She joins Larry Elder to discuss China’s one-child policy and the digital…


PREMIERING 3 PM ET: Is China the Rising Power It Says It Is? Its Population Crisis Says Otherwise | The Larry Elder Show | EP. 122

China has announced that its population declined in 2022 by 850,000 people—the first such decline in 60 years, since the disastrous “Great Leap Forward.” Reggie Littlejohn, President of Women’s Rights Without Frontiers, has been working to stop forced abortion in China for many years. She joins Larry Elder to discuss China’s one-child policy and the digital…


NTD Business (Feb. 6): China Sending Military Tech to Russia; Dell to Slash Over 6,000 Jobs Amid Uncertain Future

More layoffs in the tech sector: Dell is the latest to cut thousands of jobs amid an uncertain future. Bankrupt crypto firm FTX is now asking political groups that took money from FTX’s founder to return the donations. What possible information on the United States did the Chinese spy balloon obtain before it was shot…


Judge Bars Sam Bankman-Fried From Contacting FTX Employees

A New York judge on Feb. 1 granted a request from the Department of Justice to block Sam Bankman-Fried from attempting to contact both current and former employees of the failed cryptocurrency exchange FTX. U.S. District Court Judge Lewis Kaplan also ruled that the block applies to current and former employees of FTX’s sister hedge fund,…


US Seeks Tighter Bail for FTX Founder Bankman-Fried to Prevent Tampering

NEW YORK—U.S. prosecutors on Friday asked a Manhattan judge to impose tougher bail conditions on Sam Bankman-Fried, expressing concern that the founder of the FTX cryptocurrency exchange might tamper with witnesses or destroy evidence in his criminal case. Citing Bankman-Fried’s “recent attempts to contact prospective witnesses,” prosecutors asked U.S. District Judge Lewis Kaplan to ban…