At one point, Bankman-Fried's personal wealth reached $26.5 billion. 'Am I allowed to say a negative number?' he told Axios, when asked about his personal finances. 'I mean, I have no idea. I don't know. I had $100,000 in my bank account last I checked.'
From bankruptcy filing to a class action lawsuit, here's what we know about the controversy surrounding crypto giant FTX.
Sam Bankman-Fried, the former cryptocurrency exchange CEO – and once one of the richest people in the world – is down to his last $100,000 after the rapid failure of FTX,The investor and founder of FTX pointed to both personal failures and regulatory gaps to help explain the implosion of his company in an interview with the outlet.
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Investor conned in FTX crypto scandal pursuing legal action against Sam Bankman-Fried: ‘He committed fraud’Crypto investor Evan Singh Luthra argues FTX CEO Sam Bankman-Fried should 'already be in jail' for committing 'outright fraud' and other crimes with users' funds.
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BlockFi Sues FTX’s Sam Bankman-Fried Over Robinhood SharesThe lawsuit comes just hours after the cryptocurrency lender filed for bankruptcy protection after a liquidity crunch brought on by the collapse of FTX.
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Bankrupt BlockFi Sues Sam Bankman-Fried for His Robinhood Shares, FT Reports.BlockFi is suing SBF_FTX for shares he owns in RobinhoodApp to meet a collateral pledge, the Financial Times reported. GregAhl reports.
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Sam Bankman-Fried gave cash to liberal media organizations before FTX collapseProgressive FTX founder Sam Bankman-Fried faces questions about money given to liberal news organizations and whether he paid for favorable media coverage.
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Crypto lender BlockFi is suing Sam Bankman-Fried over his shares in Robinhood: reportJust hours after filing for Chapter 11 bankruptcy in New Jersey on Monday, crypto lender BlockFi filed a lawsuit against a holding company by FTX founder Sam...
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Beto O’Rourke returned $1 million check from FTX’s Sam Bankman-FriedO’Rourke’s campaign said they gave the money back before the company’s scandals became widely public, because they were taken aback by such a large unsolicited donation.
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