Changpeng Zhao is about to find out if he will become the richest prisoner ever in the U.S. His situation is different from FTX’s, as he has friends on the company’s board, his ownership of the exchange is intact, and the mother of his child is helping run the thing.
JinseFinanceGolden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, mining information, project dynamics, technological progress and other industry dynamics.
JinseFinanceIn San Francisco in 2021, every visitor to this West Coast city will find huge FTX advertisements everywhere in the core of the city, featuring Sam Bankman-Fried and his iconic hairstyle.
JinseFinance“This is one of the biggest financial frauds in American history,” Damian Williams, the U.S. Attorney for the Southern District of New York.
OthersElon Musk alleged that SBF had donated over $1 billion to Democrats and asked where did that money go.
cryptopotatoThe former Texas Democratic candidate for governor was uncomfortable accepting such a large unsolicited donation, according to the Texas Tribune.
CoindeskTwitter’s new owner Elon Musk dismissed a report that disgraced FTX founder Sam Bankman-Fried put $100 million into Musk's Twitter takeover.
decryptNew CEO of FTX, made a formal declaration in the continuing Chapter 11 bankruptcy papers that showed additional financial theft by SBF.
The Crypto StarExchange executives Nishad Singh and Ryan Salame were also the recipients of sizable loans.
CoindeskCrypto regulation is inevitable. That's not necessarily a bad thing, as regulatory clarity will free builders from worrying about government action while paving the way for more capital to enter the space.
Cointelegraph