Sam Bankman Fried

Exclusive: SBF secretly funded crypto news site The Block and its CEO's apartment in the Bahamas

Exclusive: SBF secretly funded crypto news site The Block and its CEO’s apartment in the Bahamas

Photo illustration: Sarah Grillo/Axios. Photo: Eva Marie Uzcategui/Bloomberg via Getty Images The Block, a media company that says it covers crypto news independently, was secretly funded for over a year with money funneled to The Block’s CEO by the disgraced cryptocurrency trading company. of Sam Bankman-Fried, sources told Axios. why is it important: The payments, …

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FTX Bankruptcy Manager Calls Crypto Firm "A Complete Failure" Of Corporate Controls

FTX Bankruptcy Manager Calls Crypto Firm “A Complete Failure” Of Corporate Controls

John J. Ray III, FTX’s new CEO charged with handling the company’s bankruptcy, wrote that it was one of the worst cases he’s had to go through, calling it “a complete failure of security controls. the company”.Photo: Sergey Yelagin (Shutterstock) How bad do you have to be for a 40-year veteran of corporate woes to …

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