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Tag: SBF

December 13, 2022

FTX Founder Arrested & Binance Fights Against Reuter Attacks And Bank Run!

For a few days, there has been massive firing on Twitter and in the mainstream media (MSM) against the world's largest crypto exchange Binance. The (rightly) criticized Proof of Reserves makes the public nervous. Especially after the collapse of FTX, whose founder and former CEO Sam Bankman-Fried (SBF) was recently arrested in the Bahamas. Most recently, Reuters reported that Binance could soon face criminal charges in the U.S. Binance and its founder Changpeng Zhao (CZ), are now fighting back to avoid panic and another bank run.

December 8, 2022

U.S. Prosecutors Investigate Sam Bankman-Fried’s Role in Terra/Luna Collapse!

According to the New York Times, federal prosecutors in the U.S. are investigating whether FTX’s founder, Sam Bankman-Fried (SBF), manipulated the market for TerraUSD and Luna this past spring, leading to their collapse and created a domino effect that eventually caused the implosion of his own cryptocurrency exchange last month. In a statement, SBF said he was “not aware of any market manipulation and certainly never intended to engage in market manipulation.”

November 23, 2022

Why FTX Founder Sam Bankman-Fried Should Be Arrested, Charged, And Tried Quickly!

Typically, the presumption of innocence applies in Western jurisdictions. However, Sam Bankman-Fried, aka SBF, has already confessed to misappropriation of client funds. Around $9 billion is apparently missing, and every day new evidence of the misuse of client funds is presented on Twitter. Such as the purchase of luxury properties in the Bahamas. SBF has placed the crypto industry under general suspicion. A swift arrest would send a much-needed signal to rescue crypto.

November 10, 2022

The FTX Collapse Shakes The Crypto Universe!

Sam Bankman-Fried's (SBF) crypto exchange FTX will not be acquired by Binance. After less than 24 hours after announcing the LOI to acquire FTX, Binance canceled the acquisition via Twitter. The reason given was the mishandled customer funds and the investigation by US authorities. Allegedly, up to 90% of FTX's customer funds have disappeared. was scared to death, SBF played another round of League of Legends. Sure as hell, he will be facing massive legal troubles!

November 9, 2022

The FTX Bail-Out And The Fall Of Crypto Mogul Sam Bankman-Fried!

Apparent crypto mogul Sam Bankman-Fried aka SBF and his FTX crypto exchange may not have been as financially strong as always presented themselves. After FTX users complained on Twitter about withdrawal issues, Binance CEO Changpeng Zhao aka CZ announced on Twitter that Binance had signed a non-binding LOI to bail out and acquire FTX, which had slipped into a liquidity crisis. SBF's image as a deep-pocket crypto mogul has probably suffered massive damage in the process.

July 25, 2022

Fucked Clients – The Courtroom & Social Media Battler Around Collapsed Crypto Scheme Voyager!

On July 5, 2022, Voyager filed a proposed stand-alone Plan of Reorganization under Chapter 11 of the US Bankruptcy Code to reorganize the company and return to customers all of their funds. The day after the Voyager filing, one of Voyager’s competitors and largest stakeholders, Alameda Ventures Ltd. and FTX Trading Ltd (AlamedaFTX), controlled by Sam Bankman-Fried, issued a press release that allegedly openly disparaged Voyager with highly misleading statements. Voyager rejected the deal and thus triggered a courtroom and social media battle.

DeFi Decoded: Smart Contracts – The Code Behind the DeFi Revolution

Smart contracts are the invisible architects of decentralized finance. These self-executing lines of code run everything from token swaps to lending platforms without middlemen. But while they offer autonomy, they also introduce new risks—bugs, exploits, and irreversible mistakes. In this fourth installment of our FinTelegram DeFi Series, we explain what smart contracts are.

CFTC

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.

Prison Update: Sam Bankman-Fried Transferred to Low-Security Federal Prison in Los Angeles!

Sam Bankman-Fried (SBF), the founder of the now-defunct cryptocurrency exchange FTX, has been transferred to the Federal Correctional Institution (FCI) Terminal Island in Los Angeles, California. This low-security facility is known for housing non-violent offenders and has previously held notable inmates such as Ramesh "Sunny" Balwani, former COO of Theranos.