Ryan Salame, a former top FTX executive and a prolific Republican donor, faces mounting legal pressure for his role in Sam Bankman-Fried’s business empire. Story Published at: April 27, 2023 at 08:09PM Continue Reading…
F.B.I. Searches Home of Top FTX Executive
The Unknown Hedge Fund That Got $400 Million From Sam Bankman-Fried
After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder’s huge investment in Modulo Capital. Story Published at: January 24, 2023 at 10:00AM Continue Reading…
In the Bahamas, a Lingering Sympathy for Sam Bankman-Fried
Residents there have a generous view of the disgraced FTX founder, who has been accused of misusing billions of dollars in customer funds. Story Published at: December 26, 2022 at 06:45PM Continue Reading…
Sam Bankman-Fried Is Set for Extradition to U.S.
The FTX founder agreed to be transferred from the Bahamas to face federal charges of fraud. Story Published at: December 21, 2022 at 05:07PM Continue Reading…
Sam Bankman-Fried Is Expected to Agree to Extradition to the U.S.
The FTX founder, now in prison in the Bahamas, faces criminal charges that he engaged in widespread fraud since founding the cryptocurrency exchange in 2019. Story Published at: December 18, 2022 at 12:49AM Continue Reading…
Restaurateur, Political Donor, Tipster: The Many Roles of FTX’s Ryan Salame
The co-chief executive of an FTX unit who told regulators about wrongdoing at the exchange was a big Republican donor. He also bought restaurants. Story Published at: December 17, 2022 at 08:00AM Continue Reading…
In FTX Collapse, Binance Sees a Chance to Become the New Face of Crypto
Sam Bankman-Fried and Changpeng Zhao were archrivals. With FTX gone, Binance, the world’s biggest crypto exchange, is trying to step into the void. Story Published at: December 13, 2022 at 12:27AM Continue Reading…
FTX’s Sam Bankman-Fried Is Arrested in the Bahamas
A statement by the government of the Bahamas said Mr. Bankman-Fried was arrested after prosecutors in the United States filed criminal charges. Story Published at: December 12, 2022 at 11:51PM Continue Reading…
Ordinary Investors Who Jumped Into Crypto Are Saying: Now What?
Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry. Story Published at: December 5, 2022 at 06:33PM Continue Reading…
How Sam Bankman-Fried’s Crypto Empire Collapsed
Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds. Story Published at: November 14, 2022 at 10:06PM Continue Reading…