Sam Bankman-Fried

Unmasking Farmington: FTX, Fluent Finance and the Coming Digital Dollar

A former partner of Farmington State Bank, the tiny rural bank embroiled in the FTX scandal, is now building the rails for CBDCs in the Middle East and beyond. Their recent activities may finally reveal the true motives behind Sam Bankman-Fried's and his allies' use of Farmington, with major implications for the coming Digital Dollar.
Unmasking Farmington: FTX, Fluent Finance and the Coming Digital Dollar.

Sam Bankman-Fried, BlockFi and Sullivan & Cromwell: A Viper’s Nest of Conflicts and Intrigue

by Pam Martens and Russ Martens, Wall St On Parade: On December 21, Big Law firm Sullivan & Cromwell filed a conflict disclosure with the U.S. Bankruptcy Court in Delaware, where it was hoping to be officially appointed as lead counsel for the bankruptcy estate of Sam Bankman-Fried’s collapsed crypto house of cards – FTX, […]

Sam Bankman-Fried Admits FTX Didn’t Buy Bitcoin for Clients – Just Took Their Money

An interviewer asked SBF,why there was no more Bitcoin for customers to withdraw, and suggested it was because the Bitcoin did not actually exist as SBF was just letting customers buy notional or imaginary tokens rather than Bitcoin. SBF responded by saying, "I believe that what you're saying is part of what happened."

FTX partnership with Ukraine is latest chapter in shady Western aid saga

The Ukrainian government mysteriously disappeared online records of its fundraising arrangement with the FTX crypto scam just days before the scandal erupted. The initiative claims to have raised $60 million for Ukraine, but where did the money go? The demise of FTX, the fifth-biggest cryptocurrency exchange by trade volume in 2022, and the second-largest by holdings, has sent a wave of chaos through global financial markets.  As the turbulence grows, the government of Ukraine is conducting an ongoing cleanup and […]