FTX
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After being named in an FTX lawsuit along with Tom Brady, Steph Curry, and Larry David, Shaquille O'Neal says he was "just a paid spokesperson for a commercial" (CNBC)
CNBC: After being named in an FTX lawsuit along with Tom Brady, Steph Curry, and Larry David, Shaquille O’Neal says…
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An attempt to understand how much real-world money was lost by SBF and FTX, a key question for the SEC, suggests only a fraction of crypto's peak $3T value (Paul J. Davies/Bloomberg)
Paul J. Davies / Bloomberg: An attempt to understand how much real-world money was lost by SBF and FTX, a…
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Court filing: FTX Digital Markets co-CEO Ryan Salame tipped Bahamas' security commission on November 9 that FTX customer funds were used to cover Alameda losses (Financial Times)
Financial Times: Court filing: FTX Digital Markets co-CEO Ryan Salame tipped Bahamas’ security commission on November 9 that FTX customer…
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The SEC says a secret change to FTX code allowed Alameda to borrow FTX funds irrespective of the collateral value, giving a "virtually unlimited line of credit" (Reuters)
Reuters: The SEC says a secret change to FTX code allowed Alameda to borrow FTX funds irrespective of the collateral…
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A profile of John Ray III, a lawyer who specializes in restructuring troubled companies, including Enron in 2001, as he leads FTX through its bankruptcy process (Kalley Huang/New York Times)
Kalley Huang / New York Times: A profile of John Ray III, a lawyer who specializes in restructuring troubled companies,…
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John Ray III tells the US House that FTX's bankruptcy is "paperless" due to an "unprecedented" lack of documentation, FTX and Alameda are not distinct, and more (Stephanie Murray/The Block)
Stephanie Murray / The Block: John Ray III tells the US House that FTX’s bankruptcy is “paperless” due to an…
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The CFTC sues Sam Bankman-Fried on fraud charges, alleging FTX "misappropriated customer funds", violated its TOS, extended Alameda unlimited credit, and more (Bloomberg)
Bloomberg: The CFTC sues Sam Bankman-Fried on fraud charges, alleging FTX “misappropriated customer funds”, violated its TOS, extended Alameda unlimited…
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The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to Alameda while raising over $1.8B (U.S. Securities and Exchange Commission)
U.S. Securities and Exchange Commission: The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to…
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FTX lawyers says Bahamas officials worked to help SBF regain access to FTX Trading's systems, asking him to mint a coin and transfer funds to island officials (Bloomberg)
Bloomberg: FTX lawyers says Bahamas officials worked to help SBF regain access to FTX Trading’s systems, asking him to mint…
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