Mike Novogratz calls Sam Bankman-Freed’s statement “nonsense”

Founder of Galaxy Digital Mike Novogratz criticized Sam Bankman-Fried (SBF) following his recent media comments regarding the collapse of FTX. “It was delusional. Let’s be really clear. Sam was delusional about what happened and his culpability in it,” says @novogratz. “He needs to be prosecuted. He will spend time in jail. And it wasn’t just … Read more

Founder Sam Bankman-Fried is said to have diverted $300 million out of $420 million in investor money

Sam Bankman-Fried The founder of the crypto exchange FTX is getting more and more criticism. (Foto: The Washington Post/Getty Images) New York FTX founder Sam Bankman-Fried is said to have used almost three quarters of the money that investors had pledged in a financing round in 2021 for his own purposes. The Wall Street Journal reports. … Read more

Despite bankruptcy, Sam Bankman-Fried is looking for new investors

Sam Bankman-Fried The co-founder and CEO of the crypto exchange FTX is threatened with investigations by the public prosecutor. (Foto: Bloomberg/Getty Images) New York It would be a desperate maneuver: According to US media reports, the founder of the failed cryptocurrency exchange FTX, Sam Bankman-Fried, still believes he can raise enough money to compensate his users. … Read more