The previous FTX CEO arrived in New York from the Bahamas on 21 and appeared in court docket on 22 the place he was launched on bail by way of a “private recognizance bond” — primarily a written…
SBFs
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Altcoin NewsNews
Democrats to reportedly return over $1M of SBF’s funding to FTX victims
by Jeremyby JeremyOn 16, the Democratic Nationwide Committee (DNC), the Democratic Senatorial Marketing campaign Committee (DSCC) and the Democratic Congressional Marketing campaign Committee (DCCC) pledged to return SBF’s political donations after the entrepreneur was charged with eight counts of monetary
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Bitcoin NewsNews
The end result of SBF’s prosecution might decide how the IRS treats your FTX losses
by Jeremyby JeremyWhat sorts of losses can FTX buyers declare on their taxes?Earlier this fall, it appeared that property misplaced within the FTX collapse can be thought of a capital loss below the USA tax code for the tax 12 months
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Bitcoin NewsNews
SBF’s authorized battle nonetheless has “so much to play out,” in keeping with authorized commentators
by Jeremyby Jeremy“It’s tough to say at this stage what the doubtless end result can be, however the stakes are very excessive Sentences in main fraud circumstances can range, with Bernie Madoff receiving a 150 yr sentence in 2009, while within…
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Bitcoin NewsNews
SBF’s Bahamian jail reported for ‘harsh’ circumstances and ‘degrading remedy’ — US State Dept
by Jeremyby JeremyAuthorities within the Bahamas reportedly remanded Bankman-Fried to the medical wing of Fox Hill following a 13 listening SBF’s counsel stated he had been taking remedy previous to his arrest on 12 together with Adderall and anti-depressants,…
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Altcoin NewsNews
US Home committee chair pushes again in opposition to SBF’s excuse to doubtlessly delay testimony
by Jeremyby JeremyIn a 5 Twitter thread, Waters cited Bankman-Fried’s quite a few media interviews within the wake of FTX’s chapter as proof that his data was “enough for testimony” earlier than the Waters will preside over a listening to…
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OnNov 30, Bankman-Fried made his first dwell public look because the collapse of FTX — answering quite a few questions throughout the DealBook Summit in New Within the interview, Bankman-Fried claimed to have “unknowingly commingled funds” between Alameda and…