New FTX CEO John Ray testifies before the U.S. House Financial Services Committee on Tuesday. This is the first hearing in the committee’s public investigation into the collapse of the crypto exchange. During the hearing, Ray told the committee that usage of FTX customer funds by Alameda was intentional, not an accident. FTX founder Sam Bankman-Fried…
FTX Founder Sam Bankman-Fried Charged With Fraud
The Securities and Exchange Commission (SEC) has charged Sam Bankman-Fried, founder of failed crypto exchange FTX, with “orchestrating a scheme to defraud investors.” Bankman-Fried was arrested earlier on Monday, with the SEC issuing a statement on the same day that accused the former crypto boss of building a “house of cards” built on lies. “We…
FTX Founder Sam Bankman-Fried Faces Criminal Charges
Sam Bankman-Fried, founder of failed crypto exchange FTX, faces a litany of civil and criminal charges, including conspiracy to commit money laundering and wire fraud. Following Bankman-Fried’s arrest in the Bahamas on Monday, three U.S. agencies—the Commodity Futures Trading Commission (CFTC), the Securities and Exchange Commission (SEC), and the U.S. Attorney for the Southern District…
NTD Good Morning (Dec. 13): FTX Founder Arrested in Bahamas Pending Extradition; Twitter’s Trust and Safety Council Dissolved
Former CEO and founder of FTX Sam Bankman-Fried was arrested in the Bahamas on Dec. 12. Bahamas’ Prime Minister says he will be promptly extradited to the U.S. upon formal request. Twitter’s Trust and Safety Council has been dissolved. Meanwhile, the former head of the council trends on Twitter for some controversial past tweets. Election tension in…
Sam Bankman-Fried Arrested in the Bahamas
The Bahamas attorney general’s office on Monday announced the arrest of former FTX CEO Sam Bankman-Fried pending extradition to the United States, weeks after his cryptocurrency exchange collapsed. U.S. Attorney Damian Williams confirmed the arrest in a statement on Twitter. “Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on…
FTX Founder Sam Bankman-Fried Arrested in the Bahamas
The Bahamas attorney general’s office on Monday announced the arrest of former FTX CEO Sam Bankman-Fried pending extradition to the United States, weeks after his cryptocurrency exchange collapsed. U.S. Attorney Damian Williams confirmed the arrest in a statement on Twitter. “Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on…
Founder of Crypto Firm FTX Sam Bankman-Fried Arrested in Bahamas
The Bahamas attorney general’s office on Monday announced the arrest of former FTX CEO Sam Bankman-Fried pending extradition to the United States, weeks after his cryptocurrency exchange collapsed. U.S. Attorney Damian Williams confirmed the arrest at the request of the U.S. government in a statement on Twitter. “Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the…
FTX Founder Sam Bankman-Fried, New CEO John Ray To Testify Before Congress
Sam Bankman-Fried, founder of failed crypto exchange FTX, will testify before the U.S. House Financial Services Committee on Tuesday. New FTX CEO John Ray will also appear before the committee. The hearing will commence the first step in the committee’s public investigation into the collapse of the crypto exchange. FTX filed for U.S. bankruptcy protection on…
New FTX CEO John Ray to Testify Before Congress
New FTX CEO John Ray is scheduled to testify before the U.S. House Financial Services Committee on Dec. 13. FTX founder Sam Bankman-Fried was also scheduled testify remotely from the Bahamas, but this remains uncertain now that he has been detained by Bahamian law enforcement. This comes after a U.S. court shared a sealed indictment…
LIVE December 13, 10 AM ET: House Financial Services Committee Investigates the Collapse of FTX–Part I
House Committee on Financial Services full Committee Chairwoman Maxine Waters (D-Calif.) and Ranking Member Patrick McHenry (R-N.C.) will host a hybrid hearing entitled, “Investigating the Collapse of FTX, Part I” on Dec. 13. The Epoch Times will livestream this hearing starting at 10 a.m. ET. Access the livestream on this page, and also at EpochTV. Witnesses…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta