Sam Bankman-Fried Collected $905,768,503 in Cash Payments From FTX Months Prior To Collapse: Court Filing
Disgraced FTX founder Sam Bankman-Fried received close to a billion dollars in cash payments in the months leading up to the bankruptcy of the crypto exchange.
A recent court filing shows that Bankman-Fried began to collect millions of dollars in cash payments from FTX as early as January 2022 until October of the same year, a month before the exchange imploded.
The documents also reveal that the former FTX CEO received cash payments to the tune of $200 million on two separate occasions.
Disgraced FTX founder Sam Bankman-Fried received close to a billion dollars in cash payments in the months leading up to the bankruptcy of the crypto exchange.
A recent court filing shows that Bankman-Fried began to collect millions of dollars in cash payments from FTX as early as January 2022 until October of the same year, a month before the exchange imploded.
The documents also reveal that the former FTX CEO received cash payments to the tune of $200 million on two separate occasions.
Meme Coin Death Battle – Could Memeinator Destroy Floki Inu?
Prepare for battle! Memeinator is stepping into the ring, ready to challenge the meme coins for world domination. In its immediate crosshairs, the Viking-inspired puppy, Floki Inu. While Floki has enjoyed its status as a meme coin heavyweight, Memeinator is prepped and primed to shake things up in the cryptosphere. With cutting-edge features and a vision that screams ambition, Memeinator isn’t just here to shadowbox; it’s here to claim the title of the best meme coin ever. This epic showdown is worthy of investigation to see who truly has the mettle to reign supreme. Let the games begin!
Prepare for battle! Memeinator is stepping into the ring, ready to challenge the meme coins for world domination. In its immediate crosshairs, the Viking-inspired puppy, Floki Inu. While Floki has enjoyed its status as a meme coin heavyweight, Memeinator is prepped and primed to shake things up in the cryptosphere. With cutting-edge features and a vision that screams ambition, Memeinator isn’t just here to shadowbox; it’s here to claim the title of the best meme coin ever. This epic showdown is worthy of investigation to see who truly has the mettle to reign supreme. Let the games begin!
Court Upholds Detention of Ex-FTX CEO Sam Bankman-Fried, Deeming Release Arguments ‘Unpersuasive’
As Sam Bankman-Fried’s legal representatives gear up to appeal the ex-FTX chief’s recent verdict, they have requested the court for his provisional release from the Metropolitan Detention Center in Brooklyn, New York. Upon examination of Bankman-Fried’s claims, a clerk from the court of appeals deemed them “unpersuasive.”
Bankman-Fried’s Attempt at Release Has Been Denied by the Court of AppealsSam Bankman-Fried is eager to leave incarceration at Brooklyn’s Metropolitan Detention Center, where he has been since August. In a recent effort, his attorneys sought to secure his release while preparing for his appeal, filing a motion with the Court of Appeals. However, the court’s clerk, Catherine O’Hagan Wolfe, firmly rejected this plea, maintaining the necessity for continued imprisonment.
The decision by the United States Court of Appeals, Second Circuit, is rooted in the initial grounds for revoking his bail. The court identified credible evidence suggesting Bankman-Fried attempted to influence two witnesses, which played a pivotal role in the decision against his release.
As Sam Bankman-Fried’s legal representatives gear up to appeal the ex-FTX chief’s recent verdict, they have requested the court for his provisional release from the Metropolitan Detention Center in Brooklyn, New York. Upon examination of Bankman-Fried’s claims, a clerk from the court of appeals deemed them “unpersuasive.”
Bankman-Fried’s Attempt at Release Has Been Denied by the Court of AppealsSam Bankman-Fried is eager to leave incarceration at Brooklyn’s Metropolitan Detention Center, where he has been since August. In a recent effort, his attorneys sought to secure his release while preparing for his appeal, filing a motion with the Court of Appeals. However, the court’s clerk, Catherine O’Hagan Wolfe, firmly rejected this plea, maintaining the necessity for continued imprisonment.
The decision by the United States Court of Appeals, Second Circuit, is rooted in the initial grounds for revoking his bail. The court identified credible evidence suggesting Bankman-Fried attempted to influence two witnesses, which played a pivotal role in the decision against his release.
This Year’s Winner Is Bitcoin,” says Michael Saylor as 2023 Ends
In a bold proclamation as 2023 comes to a close, MicroStrategy founder Michael Saylor has declared Bitcoin as “this year’s winner.”
The renowned investor shared his sentiment Saturday on X (formerly Twitter) along with a compelling image showcasing the remarkable growth of Bitcoin compared to other traditional assets.
In a bold proclamation as 2023 comes to a close, MicroStrategy founder Michael Saylor has declared Bitcoin as “this year’s winner.”
The renowned investor shared his sentiment Saturday on X (formerly Twitter) along with a compelling image showcasing the remarkable growth of Bitcoin compared to other traditional assets.
Spanish Treasury Proposes Tax Reform to Allow Cryptocurrency Seizures
The Spanish Treasury is proposing a tax reform to allow the seizure of cryptocurrency assets when liquidating tax debts. According to local sources, the proposal would also allow the state administration to embargo these digital assets as it is giving the first steps by declaring electronic money entities as tax collection agents.
Spanish Treasury Seeks to Seize Cryptocurrency for Tax DebtsThe Spanish Treasury is seeking to gain control and oversight over cryptocurrency assets owned by taxpayers. The institution proposes reforming the current tax law to allow Agencia Tributaria, the national tax watchdog, to seize the cryptocurrency holdings when executing taxpayers’ debts.
The proposal, made in 2021 to the European Union (EU), will be implemented soon, as local sources explain that the government is quickly moving to create the conditions needed for the reform to be applicable.
The Spanish Treasury is proposing a tax reform to allow the seizure of cryptocurrency assets when liquidating tax debts. According to local sources, the proposal would also allow the state administration to embargo these digital assets as it is giving the first steps by declaring electronic money entities as tax collection agents.
Spanish Treasury Seeks to Seize Cryptocurrency for Tax DebtsThe Spanish Treasury is seeking to gain control and oversight over cryptocurrency assets owned by taxpayers. The institution proposes reforming the current tax law to allow Agencia Tributaria, the national tax watchdog, to seize the cryptocurrency holdings when executing taxpayers’ debts.
The proposal, made in 2021 to the European Union (EU), will be implemented soon, as local sources explain that the government is quickly moving to create the conditions needed for the reform to be applicable.
Donald Trump Comments on Bitcoin and NFTs, Says He Likely Wouldn’t ‘Take It Away’ if Elected President
Donald Trump, the former president and presumptive Republican nominee in 2024, is signaling his support of digital assets.
In a new CNBC interview, Trump indicated if he were elected president again he would not crack down on the use of Bitcoin (BTC) and other cryptocurrencies through increased regulations.
Donald Trump, the former president and presumptive Republican nominee in 2024, is signaling his support of digital assets.
In a new CNBC interview, Trump indicated if he were elected president again he would not crack down on the use of Bitcoin (BTC) and other cryptocurrencies through increased regulations.
Bitcoin Halving Countdown: The Survival and Preparedness of Bitcoin Mining Industry
At the time of writing, there are less than 300 blocks left until the fourth Bitcoin halving. With blocks being generated on average every 10 minutes, we have less than two days before we witness this historic moment. As one of the most important narratives within the cryptocurrency industry, the Bitcoin halving is seen as a key catalyst for propelling the market into a new bull run, and it also signifies an impending major shift in the Bitcoin mining landscape.
Why does the Bitcoin halving have such a significant impact on the entire market? First, we need to understand the fundamental principles behind the halving.
At the time of writing, there are less than 300 blocks left until the fourth Bitcoin halving. With blocks being generated on average every 10 minutes, we have less than two days before we witness this historic moment. As one of the most important narratives within the cryptocurrency industry, the Bitcoin halving is seen as a key catalyst for propelling the market into a new bull run, and it also signifies an impending major shift in the Bitcoin mining landscape.
Why does the Bitcoin halving have such a significant impact on the entire market? First, we need to understand the fundamental principles behind the halving.
Trader That Called 2022 Bear Market Bottom Updates Bitcoin Forecast – Here’s His BTC Cycle Top Price Prediction
A popular trader known for several accurate crypto market calls is outlining his Bitcoin forecast after the BTC halving last week.
The pseudonymous analyst known as Dave the Wave shares a chart with his 147,000 followers on the social media platform X that indicates Bitcoin could reach $169,500 in the last quarter of 2024.
A popular trader known for several accurate crypto market calls is outlining his Bitcoin forecast after the BTC halving last week.
The pseudonymous analyst known as Dave the Wave shares a chart with his 147,000 followers on the social media platform X that indicates Bitcoin could reach $169,500 in the last quarter of 2024.
BlockDAG’s Latest Keynote Spurs Growth as $30 Forecasts Strengthen Amid Bonk and PayPal Developments
Crypto adherents are gravitating towards BlockDAG (BDAG), bolstered by an impressive $40.8 million in presale funding following the success of its Keynote 2. As BlockDAG’s keynote video captures widespread attention, Bonk’s price forecast hints at potential record highs, and PayPal’s integration of a stablecoin on Solana promises to revolutionize transaction speeds and costs. BlockDAG’s presale for Batch 16 is priced at $0.0095 per coin, with over 10.6 billion BDAG coins sold, generating $3 million in miner sales. This surge of interest positions BlockDAG as a premier crypto contender, as predictions suggest it could reach $30 by 2030.
Crypto adherents are gravitating towards BlockDAG (BDAG), bolstered by an impressive $40.8 million in presale funding following the success of its Keynote 2. As BlockDAG’s keynote video captures widespread attention, Bonk’s price forecast hints at potential record highs, and PayPal’s integration of a stablecoin on Solana promises to revolutionize transaction speeds and costs. BlockDAG’s presale for Batch 16 is priced at $0.0095 per coin, with over 10.6 billion BDAG coins sold, generating $3 million in miner sales. This surge of interest positions BlockDAG as a premier crypto contender, as predictions suggest it could reach $30 by 2030.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
‘Uncomfortable’ Bitcoin Indicator Could Decide BTC’s Next Move, According to Benjamin Cowen
A widely followed crypto analyst says that one classic indicator could dictate Bitcoin’s (BTC) next price move.
In a new video update, crypto strategist Benjamin Cowen tells his 803,000 YouTube subscribers that the crypto king’s relative strength index (RSI) – a momentum oscillator used to analyze whether an asset is overbought or oversold – is giving “uncomfortable” vibes.
A widely followed crypto analyst says that one classic indicator could dictate Bitcoin’s (BTC) next price move.
In a new video update, crypto strategist Benjamin Cowen tells his 803,000 YouTube subscribers that the crypto king’s relative strength index (RSI) – a momentum oscillator used to analyze whether an asset is overbought or oversold – is giving “uncomfortable” vibes.
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Malaysia Embraces Worldcoin’s Iris Scan Technology
Malaysia has officially adopted Worldcoin’s iris scan technology as part of its digital transformation strategy. This significant step aims to improve the security and efficiency of digital identity verification across the country.
The adoption stems from a partnership with the Worldcoin Foundation, Tools for Humanity (TFH), MyEG, and MIMOS Berhad, which is Malaysia’s governmental research and development body. It aims to align Worldcoin’s highly secure biometric option called ‘proof of work’ with the existing digital ecosystem in Malaysia.
Malaysia has officially adopted Worldcoin’s iris scan technology as part of its digital transformation strategy. This significant step aims to improve the security and efficiency of digital identity verification across the country.
The adoption stems from a partnership with the Worldcoin Foundation, Tools for Humanity (TFH), MyEG, and MIMOS Berhad, which is Malaysia’s governmental research and development body. It aims to align Worldcoin’s highly secure biometric option called ‘proof of work’ with the existing digital ecosystem in Malaysia.
Bybit integrates DEX in its WSOT crypto trading competition for the first time
Bybit announced that the World Series of Trading 2024 competition would have a “WSOT DEX Wave” part, integrating the Web3 world into the competition. Previously, WSOT required using centralized tools, but now traders can participate using decentralized tools, too.
Bybit announced that the World Series of Trading 2024 competition would have a “WSOT DEX Wave” part, integrating the Web3 world into the competition. Previously, WSOT required using centralized tools, but now traders can participate using decentralized tools, too.
The new big memcoin on SunPump is gaining momentum
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
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