BankmanFried

Screenshot: YouTubeSam Bankman-Fried, the founder of hedge fund Alameda Research and crypto platform FTX, was a frequent guest on both mainstream financial news and more niche crypto podcasts. And while digging through his media appearances over the years, Gizmodo has stumbled upon a very weird analogy from SBF, as he was often known, where the now-former billionaire explained that massive fraud at Enron wouldn’t have been possible if the company used the blockchain.SBF appeared on the “Jax Jones and Martin Warner Show”…

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022.Jeenah Moon | Bloomberg | Getty ImagesAn ethics watchdog group has asked the Federal Election Commission to investigate former FTX CEO Sam Bankman-Fried for alleged "serious violations" of election law, citing his admitted contributions of "dark" money to Republican-aligned groups during the 2022 primary…

Sam Bankman-Fried, the embattled co-founder of bankrupt crypto exchange FTX, has retained New York defense attorney Mark Cohen to represent him. Sam Bankman-Fried, the embattled co-founder of bankrupt crypto exchange FTX, has retained New York defense attorney Mark Cohen to represent him, according to Bankman-Fried's spokesperson Mark Botnick. Cohen was previously part of the team that represented convicted sex trafficker Ghislaine Maxwell. He also successfully defended analyst Peter Black against a Securities and…

If you are a certain kind of person, you have found yourself entranced by the SBF/FTX story. Billions of dollars have vanished from an offshore crypto operation. Drugs and sex may be involved. (Or maybe not.) In the center is a guy who looks like someone you’d cheat off in pre-calc. A few months ago, FTX founder Sam Bankman-Fried was a power broker handing out piles of cash to ... everyone, as well as hosting leaders of the free world on stage; they wore suits, he wore shorts. Now he claims he’s a well-meaning schlub…

Sam Bankman-Fried, the former chief executive of FTX, indicated on Sunday that he is unlikely to testify in the upcoming U.S. House committee’s hearing on the collapse of his crypto exchange, saying he is still “learning and reviewing what happened.” In a tweet to the Financial Services Committee Chair Maxine Waters and the committee, Bankman-Fried, who has been alleged to misappropriate customer funds, suggested he will testify at a later time. The U.S. House Financial Services Committee…

Sam Bankman-Fried, the former CEO and founder of failed cryptocurrency exchange FTX, flailed on “Good Morning America” when asked if he knew that funds were illegally transferred to his trading firm Alameda Research. During a two-hour sitdown interview that aired on “Good Morning America” Thursday, George Stephanopoulos asked Bankman-Fried the question multiple times. When called out for dodging the question, he repeatedly licked his lips, muttered under his breath and looked up at the ceiling before saying, “I…

And he said he couldn’t rule out the possibility that money deposited by FTX customers who were told their money was theirs alone was in fact lent to Alameda. In an interview with The Wall Street Journal, Mr. Bankman-Fried distanced himself from Alameda, saying he had stepped back from running the firm and had little insight into its workings even though he owned 90% of it. Some FTX customers made deposits by wiring money to Alameda-controlled bank accounts, with the intention that the money be used to fund…

Sam Bankman-Fried sat for news interviews this week about the collapse of FTX, the cryptocurrency exchange he co-founded and once ran, even as investigators dug in and its new leaders scoured the globe for assets to salvage.The interviews could be a case study in what not to do in a crisis, some communications executives said.  “He’s basically breaking every rule that somebody in the crisis communications field would advise,” said Andrew Gilman, president and…

U.S. authorities are asking crypto investors and trading firms who worked closely with FTX to hand over information on the company and its key figures. U.S. authorities are asking crypto investors and trading firms who worked closely with FTX to hand over information on the company and its key figures including Sam Bankman-Fried and Caroline Ellison, Bloomberg News reported on Thursday. The U.S. Attorney's Office for the Southern District of New York recently sent out a series of requests, asking recipients to hand…

Back in April I paid $12 to “attend” a virtual event with 30-year-old crypto billionaire Sam Bankman-Fried. Around 45 other people registered for the Zoom, which was hosted by Manny Yekutiel, a San Francisco-based Democratic organizer and owner of the eponymous civic venue Manny’s. Yekutiel is an affable but astute questioner, who sat against a hot-pink sequin backdrop and pressed SBF (as he’s known) on crypto applications and regulation, concepts of liberty and freedom, and the potentially destructive means that might…