The U.S. will soon require travelers from China to show a negative COVID-19 test before visiting, amid a surge in China cases. Is forced labor from China involved in making U.S. cars? One senator wants automakers to look into it, after a new report highlights the possible connections, and says every part of the car should…
NTD Business (Dec. 28): US to Require Negative Test From China Travelers; FTX Customers File Class Action Lawsuit
FTX Customers File Class Action to Lay Claim to Dwindling Assets
FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried on Tuesday, seeking a declaration that the company’s holdings of digital assets belong to customers. The lawsuit is the latest legal effort to lay claim to the dwindling assets of FTX, which is already feuding…
Judge Kept FTX Executives’ Plea Deals Secret to Get Founder to US
NEW YORK—A judge kept secret that two of Sam Bankman-Fried’s closest associates had turned against him so the cryptocurrency entrepreneur wouldn’t get spooked and fight extradition from the Bahamas, according to court transcripts made public Friday. U.S. prosecutors in New York waited until Bankman-Fried, the founder of the collapsed crypto exchange FTX, was in FBI…
Judge Allows FTX Founder Bankman-Fried to Be Released on $250 Million Bond to Parents’ Home
A judge on Thursday allowed FTX founder Sam Bankman-Fried to be released on $250 million bond and placed under house arrest at his parents’ home after his first court appearance on U.S. soil. A federal magistrate judge, Gabriel Gorenstein, allowed Bankman-Fried to be released to his parents’ Palo Alto, California, home, after the FTX founder’s first court…
Court Stakeout of Bankman-Fried Being Released on ‘Restrictive’ Bail
FTX founder Sam Bankman-Fried will be released on “restrictive” bail on the afternoon of Dec. 22. The Epoch Times will livestream the stakeout of the court. …
FTX Asks Politicians to Voluntarily Return Billions in Sam Bankman-Fried Donations Amid Mounting Debts
December 22, 2022
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Business & Marketscampaign donationscongresscryptocurrencyFTXInvestmentMarketsPoliticsSam Bankman-FriedUS
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Failed crypto exchange FTX is asking politicians and charities to return the millions of dollars in donations they received from former CEO Sam Bankman-Fried in order to help pay off its mounting debts. In a press release on Dec. 19, the company said that it has already been approached by a number of recipients of contributions or other…
Sam Bankman-Fried in Custody in US, to Appear Before Judge ‘As Soon as Possible’
FTX founder Sam Bankman-Fried has been extradited from the Bahamas and is now in federal custody in the United States, according to a U.S. prosecutor and media reports, with the accused fraudster expected to appear in front of a judge in relatively short order. Manhattan U.S. Attorney Damian Williams said in a video posted on…
Sam Bankman-Fried Associates Plead Guilty to Charges in FTX Collapse
December 22, 2022
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Business & MarketsCompaniesCrime and IncidentscryptocurrencyeconomyFraudFTXInvestmentMarketsSam Bankman-FriedUSUS News
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Two associates of failed FTX boss Sam Bankman-Fried have pleaded guilty to criminal charges related to the collapse of the cryptocurrency exchange. Caroline Ellison, the former CEO of Alameda Research, and Gary Wang, who co-founded FTX along with Bankman-Fried, pleaded guilty to charges in connection with “their roles in the fraud that contributed to FTX’s collapse,”…
FTX’s Bankman-Fried Extradited From Bahamas to US
Former FTX CEO Sam Bankman-Fried boards a plane to be extradited from an airport in Nassau, Bahamas, to the United States at 6:00 p.m. ET on Dec. 21. The Epoch Times will livestream the event. …
LIVE NOW: FTX’s Bankman-Fried Extradited From Bahamas to US
Former FTX CEO Sam Bankman-Fried boards a plane to be extradited from an airport in Nassau, Bahamas, to the United States at 6:00 p.m. ET on Dec. 21. The Epoch Times will livestream the event. …
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