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11/18/2022
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By Cassie B.
US to extradite embattled FTX ex-CEO Sam Bankman-Fried from Bahamas
The founder of crypto exchange FTX, Sam Bankman-Fried, is expected to be extradited from the Bahamas back to the U.S. as $2 billion of clients’ money remains unaccounted for. This is according to a report from Bloomberg, which says that authorities in the U.S. and the Bahamas have been discussing extraditing him for questioning. Bankman-Fried […]
11/18/2022
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By News Editors
FTX founder and Democrat super donor Sam Bankman-Fried lent $1 billion to himself through his hedge fund
Disgraced cryptocurrency exchange FTX founder and Democrat super donor Sam Bankman-Fried lent $1 billion to himself through his hedge fund Alameda Research, which likely sourced the money from FTX customer funds. (Article by Alana Mastrangelo republished from Breitbart.com) On Thursday, it was revealed by FTX’s new CEO John Ray, III that the collapsed company’s bankruptcy filing shows it […]
11/17/2022
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By Ramon Tomey
Bitcoin’s drop in value triggered by FTX fiasco a “deadly blow” to El Salvador’s financial solvency
Bitcoin’s sudden drop in value, triggered by the collapse of cryptocurrency exchange company FTX, dealt a “deadly blow” to the Central American nation of El Salvador. The most popular crypto token saw a 21 percent drop in its value, with its price hitting the lowest in two years. While the ongoing global economic recession seriously […]
11/17/2022
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By News Editors
Sam Bankman-Fried bought into stakeholder capitalism and proved it’s a disastrous ideology
While many analysts and economists will be talking for months about the epic downfall of crypto-exchange company FTX and its founder Sam Bankman-Fried, their focus will be primarily on the billions lost, the mismanagement of funds, the fraud inherent in yield farming and the alleged betrayal of investor trust. This is a tale as old […]
11/17/2022
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By Ethan Huff
Mike Adams exposed the FTX / Alameda-style crypto collapse FOUR YEARS AGO in this hilarious “Sh#tcoin and Buttcoin” animation
Nearly five years ago, Mike Adams, the Health Ranger, released a video mocking Bitcoin and what he called “crypto-lunacy.” In light of the recent events surrounding the collapse of FTX, that video – watch below – is more relevant than ever. Adams released the video as part of a Counterthink.com animation series warning people about […]
11/17/2022
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By Kevin Hughes
FTX founder Sam Bankman-Fried puts up Bahamas penthouse for sale at $40M
Sam Bankman-Fried, the founder of beleaguered cryptocurrency exchange company FTX, has put up his penthouse in the Bahamas for sale with a $40 million price tag. According to a report by Semafor, the 12,000 square-foot residence located in the Albany luxury resort community was recently listed for sale. While the realtor in charge refused to […]
11/17/2022
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By Kevin Hughes
Binance strategy chief takes a swipe at FTX following the latter’s bankruptcy filing
The head of strategy for cryptocurrency exchange firm Binance took a swipe at beleaguered rival FTX immediately after the latter filed for bankruptcy. “This is the direct result of a rogue actor breaking every single basic rule of fiscal responsibility,” Binance Chief Strategy Officer Patrick Hillmann said in a statement given to the Wall Street Journal (WSJ). […]
11/16/2022
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By Belle Carter
Health Ranger: Engineered demolition of digital currency paves way for centralization, heavy regulation
The Health Ranger Mike Adams believes cryptocurrencies and other digital currencies are being demolished in an engineered fashion to usher in massive regulatory control. He compared this demolition job to the 9/11 bombings during the Nov. 13 episode of “Sunday Night Live” on InfoWars. According to the Natural News and Brighteon.com founder, the collapse is […]
11/16/2022
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By Arsenio Toledo
Crypto.com withdrawals SURGE after CEO admits “mishandling” $400M transaction
Thousands of clients of the cryptocurrency exchange platform Crypto.com pulled out their funds from the site over the weekend after the company’s chief executive admitted to “mishandling” a transaction involving roughly $400 million worth of crypto assets. Crypto.com CEO Kris Marszalek said on Twitter that the $400 million transfer was mistakenly sent to the wrong type […]
11/16/2022
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By Kevin Hughes
Report: FTX utilized customer funds to prop up beleaguered Alameda Research
Failed cryptocurrency firm FTX Trading Limited and its disgraced former CEO Sam Bankman-Fried moved customer assets to prop up trading company Alameda Research, after it suffered from multiple losses in May and June 2022. A Nov. 3 Reuters report elaborated on this claim, citing three people familiar with FTX operations. The sources said Bankman-Fried moved at […]
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