From $32 billion to criminal investigations: Here's how Sam Bankman-Fried's crypto empire vanished overnight. KenzieSigalos reports.
Amid the wave of bankruptcies, some of Alameda's lenders asked for their money back. But Alameda didn't have it, because it was no longer liquid. Bankman-Fried's trading firm had parked the borrowed money in venture investments, a decision that was "probably not really worth it," he told the Times in an interview Sunday.
"It was substantially larger than I had thought it was," Bankman-Fried told the Times. "And in fact the downside risk was very significant."and the Journal both reported that the lifeline was around $10 billion, and Reuters reports that $1 billion to $2 billion of that emergency financing is now missing. Tapping customer funds without permission was a violation of FTX's own terms and conditions. On Wall Street, it would be a clear violation of U.S. securities laws.
"FTX and Alameda had an extremely problematic relationship," Castle Island Venture's Nic Carter told CNBC. "Bankman-Fried operated both an exchange and a prop shop, which is super unorthodox and just not really allowed in actually regulated capital markets."
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
The Crypto-Ignorant Person's Guide To What’s Going On With FTX And Founder Sam Bankman-FriedHere’s a rundown of everything you need to know about FTX’s colossal implosion.
続きを読む »
Sam Bankman-Fried did financial system a favourThe curly-haired cryptocurrency kingpin pushed regulators and politicians to legitimise assets like bitcoin. A few more years and his now-bankrupt exchange FTX would have burrowed deeper into mainstream finance, amplifying the damage. His downfall sends the process into reverse.
続きを読む »
The Risky Business of Sam Bankman-FriedSam Bankman-Fried’s approach to risk fueled his rise to the top of the crypto world. Then came the catastrophic fall.
続きを読む »
Former FTX CEO Sam Bankman-Fried and allies lose gatekeepers to Washington as company collapsesFormer FTX CEO Sam Bankman-Fried and his allies are losing key gatekeepers to Washington as his company collapses.
続きを読む »
Solana Foundation Invested in FTX, Held Millions in Sam Bankman-Fried-Linked Cryptos on ExchangeThe Solana Foundation has tens of millions of dollars in cryptocurrencies stranded on FTX – as well as 3.24 million common stock shares in the bankrupt crypto exchange. realDannyNelson reports
続きを読む »
How Much Trouble Is FTX’s Sam Bankman-Fried In?Seeing his net worth plummet from $16 billion to $0 in a matter of days appears to be the least of Sam Bankman-Fried's problems.
続きを読む »