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- **Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6M**
Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6M
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$24,869.00
1.25%Ethereum
null,664.06
0.14%BNB
$329.18
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null.14
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-0.19%Price data by**NewsBusiness**Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6MBankman-Fried and his inner circle collectively received roughly $3.2 billion in payments and loans, court documents have revealed.By Mat Di SalvoMar 17, 20233 min readSam Bankman-Fried and Caroline Ellison. Images: FTX and Alameda Research
Ex-FTX boss and co-founder Sam Bankman-Fried received $2.2 billion in payments and loans, mostly from Alameda Research, according to a Wednesday announcement from the failed exchange’s new management.
That figure may appear even more striking when compared to the payouts received by other executives, including former Alameda CEO Caroline Ellison, who only received $6 million.
In total, $3.2 billion was handed out to ex-FTX staff, documents filed by the new management show, with most of it coming from the company’s sister trading firm Alameda Research.
Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6M
NewsCoursesDeep DivesCoinsVideosCoin PricesBitcoin
$24,869.00
1.25%Ethereum
null,664.06
0.14%BNB
$329.18
6.38%XRP
$0.365787
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$0.32303
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null.14
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-0.19%Price data by**NewsBusiness**Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6MBankman-Fried and his inner circle collectively received roughly $3.2 billion in payments and loans, court documents have revealed.By Mat Di SalvoMar 17, 20233 min readSam Bankman-Fried and Caroline Ellison. Images: FTX and Alameda Research
Ex-FTX boss and co-founder Sam Bankman-Fried received $2.2 billion in payments and loans, mostly from Alameda Research, according to a Wednesday announcement from the failed exchange’s new management.
That figure may appear even more striking when compared to the payouts received by other executives, including former Alameda CEO Caroline Ellison, who only received $6 million.
In total, $3.2 billion was handed out to ex-FTX staff, documents filed by the new management show, with most of it coming from the company’s sister trading firm Alameda Research.
Want to be a crypto expert? Get the best of Decrypt straight to your inbox.Your Email**Get it!**
Alameda was at the center of the FTX drama: The quantitative trading firm, also founded by Bankman-Fried, had the ability to use FTX customer assets for its own means, and without oversight, according to newly appointed FTX CEO John J Ray III.
FTX was a massive digital asset exchange which let its customers buy, sell, and bet on the future price of cryptocurrencies. The Bahamas-based entity had 134 companies under its umbrella but went bust in November.
Its sudden bankruptcy was in part due to its management making risky bets with customer cash via Alameda Research, prosecutors allege. Bankman-Fried founded Alameda in 2019 but claims that he stepped away from day-to-day operations of the trading firm in 2021.
e.s.
Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6M
NewsCoursesDeep DivesCoinsVideosCoin PricesBitcoin
$24,869.00
1.25%Ethereum
null,664.06
0.14%BNB
$329.18
6.38%XRP
$0.365787
0.28%Cardano
$0.32303
-1.74%Polygon
null.14
0.60%Dogecoin
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0.90%Solana
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0.51%Polkadot
$6.05
1.29%Shiba Inu
$0.00001044
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2.42%Avalanche
$15.78
0.00%Uniswap
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1.85%Wrapped Bitcoin
$24,911.00
1.91%Chainlink
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-0.19%Price data by**NewsBusiness**Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6MBankman-Fried and his inner circle collectively received roughly $3.2 billion in payments and loans, court documents have revealed.By Mat Di SalvoMar 17, 20233 min readSam Bankman-Fried and Caroline Ellison. Images: FTX and Alameda Research
Ex-FTX boss and co-founder Sam Bankman-Fried received $2.2 billion in payments and loans, mostly from Alameda Research, according to a Wednesday announcement from the failed exchange’s new management.
That figure may appear even more striking when compared to the payouts received by other executives, including former Alameda CEO Caroline Ellison, who only received $6 million.
In total, $3.2 billion was handed out to ex-FTX staff, documents filed by the new management show, with most of it coming from the company’s sister trading firm Alameda Research.
Want to be a crypto expert? Get the best of Decrypt straight to your inbox.Your Email**Get it!**
Alameda was at the center of the FTX drama: The quantitative trading firm, also founded by Bankman-Fried, had the ability to use FTX customer assets for its own means, and without oversight, according to newly appointed FTX CEO John J Ray III.
FTX was a massive digital asset exchange which let its customers buy, sell, and bet on the future price of cryptocurrencies. The Bahamas-based entity had 134 companies under its umbrella but went bust in November.
Its sudden bankruptcy was in part due to its management making risky bets with customer cash via Alameda Research, prosecutors allege. Bankman-Fried founded Alameda in 2019 but claims that he stepped away from day-to-day operations of the trading firm in 2021.
SEC Says Ellison, Wang ‘Knew or Were Reckless in Not Knowing’ About FTX FraudThe most common phrase found in the SEC’s 38-page complaint alleges that various FTX and Alameda employees either “knew, or were reckless in not knowing” what was actually happening between the two companies. The next most common phrase? “False and misleading,” a phrase that typically comes up in criminal complaints relating to fraud. And that just about sums up what happened during what the Commission alleges was a “massive, years-long fraud.” Now, with Alameda Research’s former CEO Caroline ...**NewsBusiness**4 min readLiam J. KellyDec 22, 2022
This week’s documents show that Bankman-Fried—better known as SBF—received most of the $3.2 billion in payouts reported by FTX’s new management while the company’s former director of engineering Nishad Singh received $587 million, and co-founder Gary Wang received $246 million.
Former FTX Digital Markets co-CEO Ryan Salame was handed $87 million and former co-head of Alameda Research Sam Trabucco got $25 million, the announcement said—adding that it was not including the more than $240 million spent to purchase luxury property in the Bahamas.
Trabucco, it’s worth noting, resigned from his post as CEO of Alameda in August, and hasn’t been heard from publicly since. Authorities have yet to announce charges against the former exec, unlike the rest of Bankman-Fried’s inner circle.
SBF is now facing 12 criminal charges in the United States. Some of those charges were handed down in a superseding indictment last month and include conspiracy to commit fraud on customers of FTX in connection with purchase and sales of derivatives, and conspiracy to commit money laundering.
In January, Bankman-Fried pleaded not guilty to the original charges and now awaits a trial scheduled for October.
Ellison, Wang, and Singh have all admitted to fraud and are cooperating with investigators.
Ellison, who had an on-off romantic relationship with Bankman-Fried, was appointed co-CEO of Alameda along with Trabucco in October 2021. She assumed the role of sole CEO after Trabucco resigned. Ellison gained notoriety following the collapse of FTX after a bizarre Tumblr blog linked to the executive surfaced, revealing a strong fascination with polyamory and race science from the author, presumed to be Ellison.
Meanwhile, billions of dollars in FTX client cash is still currently missing—with a large amount presumed stolen.
John J. Ray III, who is in charge of sorting out failed corporations, has said that the crypto company’s sudden collapse was caused by “a very small group of grossly inexperienced and unsophisticated individuals.”
- 🇺🇸 US banks borrowed $164.8 billion from the Federal Reserve over the past week, a new record.
- **Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6M**
Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6M
NewsCoursesDeep DivesCoinsVideosCoin PricesBitcoin
$24,869.00
1.25%Ethereum
null,664.06
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$4.06
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null.078
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-0.19%Price data by**NewsBusiness**Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6MBankman-Fried and his inner circle collectively received roughly $3.2 billion in payments and loans, court documents have revealed.By Mat Di SalvoMar 17, 20233 min readSam Bankman-Fried and Caroline Ellison. Images: FTX and Alameda Research
Ex-FTX boss and co-founder Sam Bankman-Fried received $2.2 billion in payments and loans, mostly from Alameda Research, according to a Wednesday announcement from the failed exchange’s new management.
That figure may appear even more striking when compared to the payouts received by other executives, including former Alameda CEO Caroline Ellison, who only received $6 million.
In total, $3.2 billion was handed out to ex-FTX staff, documents filed by the new management show, with most of it coming from the company’s sister trading firm Alameda Research.
Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6M
NewsCoursesDeep DivesCoinsVideosCoin PricesBitcoin
$24,869.00
1.25%Ethereum
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null.12
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$0.071912
-0.19%Price data by**NewsBusiness**Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6MBankman-Fried and his inner circle collectively received roughly $3.2 billion in payments and loans, court documents have revealed.By Mat Di SalvoMar 17, 20233 min readSam Bankman-Fried and Caroline Ellison. Images: FTX and Alameda Research
Ex-FTX boss and co-founder Sam Bankman-Fried received $2.2 billion in payments and loans, mostly from Alameda Research, according to a Wednesday announcement from the failed exchange’s new management.
That figure may appear even more striking when compared to the payouts received by other executives, including former Alameda CEO Caroline Ellison, who only received $6 million.
In total, $3.2 billion was handed out to ex-FTX staff, documents filed by the new management show, with most of it coming from the company’s sister trading firm Alameda Research.
Want to be a crypto expert? Get the best of Decrypt straight to your inbox.Your Email**Get it!**
Alameda was at the center of the FTX drama: The quantitative trading firm, also founded by Bankman-Fried, had the ability to use FTX customer assets for its own means, and without oversight, according to newly appointed FTX CEO John J Ray III.
FTX was a massive digital asset exchange which let its customers buy, sell, and bet on the future price of cryptocurrencies. The Bahamas-based entity had 134 companies under its umbrella but went bust in November.
Its sudden bankruptcy was in part due to its management making risky bets with customer cash via Alameda Research, prosecutors allege. Bankman-Fried founded Alameda in 2019 but claims that he stepped away from day-to-day operations of the trading firm in 2021.
e.s.
Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6M
NewsCoursesDeep DivesCoinsVideosCoin PricesBitcoin
$24,869.00
1.25%Ethereum
null,664.06
0.14%BNB
$329.18
6.38%XRP
$0.365787
0.28%Cardano
$0.32303
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null.14
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$34.73
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2.03%Dash
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null.32
4.22%Zilliqa
$0.02706834
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$8.56
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-0.19%Price data by**NewsBusiness**Sam Bankman-Fried Was Paid $2.2B Mostly From Alameda—Ex-CEO Caroline Ellison Only $6MBankman-Fried and his inner circle collectively received roughly $3.2 billion in payments and loans, court documents have revealed.By Mat Di SalvoMar 17, 20233 min readSam Bankman-Fried and Caroline Ellison. Images: FTX and Alameda Research
Ex-FTX boss and co-founder Sam Bankman-Fried received $2.2 billion in payments and loans, mostly from Alameda Research, according to a Wednesday announcement from the failed exchange’s new management.
That figure may appear even more striking when compared to the payouts received by other executives, including former Alameda CEO Caroline Ellison, who only received $6 million.
In total, $3.2 billion was handed out to ex-FTX staff, documents filed by the new management show, with most of it coming from the company’s sister trading firm Alameda Research.
Want to be a crypto expert? Get the best of Decrypt straight to your inbox.Your Email**Get it!**
Alameda was at the center of the FTX drama: The quantitative trading firm, also founded by Bankman-Fried, had the ability to use FTX customer assets for its own means, and without oversight, according to newly appointed FTX CEO John J Ray III.
FTX was a massive digital asset exchange which let its customers buy, sell, and bet on the future price of cryptocurrencies. The Bahamas-based entity had 134 companies under its umbrella but went bust in November.
Its sudden bankruptcy was in part due to its management making risky bets with customer cash via Alameda Research, prosecutors allege. Bankman-Fried founded Alameda in 2019 but claims that he stepped away from day-to-day operations of the trading firm in 2021.
SEC Says Ellison, Wang ‘Knew or Were Reckless in Not Knowing’ About FTX FraudThe most common phrase found in the SEC’s 38-page complaint alleges that various FTX and Alameda employees either “knew, or were reckless in not knowing” what was actually happening between the two companies. The next most common phrase? “False and misleading,” a phrase that typically comes up in criminal complaints relating to fraud. And that just about sums up what happened during what the Commission alleges was a “massive, years-long fraud.” Now, with Alameda Research’s former CEO Caroline ...**NewsBusiness**4 min readLiam J. KellyDec 22, 2022
This week’s documents show that Bankman-Fried—better known as SBF—received most of the $3.2 billion in payouts reported by FTX’s new management while the company’s former director of engineering Nishad Singh received $587 million, and co-founder Gary Wang received $246 million.
Former FTX Digital Markets co-CEO Ryan Salame was handed $87 million and former co-head of Alameda Research Sam Trabucco got $25 million, the announcement said—adding that it was not including the more than $240 million spent to purchase luxury property in the Bahamas.
Trabucco, it’s worth noting, resigned from his post as CEO of Alameda in August, and hasn’t been heard from publicly since. Authorities have yet to announce charges against the former exec, unlike the rest of Bankman-Fried’s inner circle.
SBF is now facing 12 criminal charges in the United States. Some of those charges were handed down in a superseding indictment last month and include conspiracy to commit fraud on customers of FTX in connection with purchase and sales of derivatives, and conspiracy to commit money laundering.
In January, Bankman-Fried pleaded not guilty to the original charges and now awaits a trial scheduled for October.
Ellison, Wang, and Singh have all admitted to fraud and are cooperating with investigators.
Ellison, who had an on-off romantic relationship with Bankman-Fried, was appointed co-CEO of Alameda along with Trabucco in October 2021. She assumed the role of sole CEO after Trabucco resigned. Ellison gained notoriety following the collapse of FTX after a bizarre Tumblr blog linked to the executive surfaced, revealing a strong fascination with polyamory and race science from the author, presumed to be Ellison.
Meanwhile, billions of dollars in FTX client cash is still currently missing—with a large amount presumed stolen.
John J. Ray III, who is in charge of sorting out failed corporations, has said that the crypto company’s sudden collapse was caused by “a very small group of grossly inexperienced and unsophisticated individuals.”
-
***`Wedding platform Joy will let you outsource your vows to OpenAI`***
There’s nothing more romantic than having an AI-powered bot write your vows for you. Earlier this month, wedding planning platform Joy launched a new OpenAI-powered “Wedding Writer’s Block” tool that uses AI technology to generate a draft for one of the most important speeches of your life.
The AI assistant is designed to help write vows and wedding toast speeches, among other “wedding-related wordage,” the company claims, like a love story for your wedding website, thank you notes, or if you’re stuck on how to politely decline a wedding invite.
There are also several different tones that the draft can be written in. For instance, if you want to sound like William Shakespeare or maybe a pirate for some reason. The AI assistant can even write in the style of a therapist, TikToker, astrologist or pessimistic ex.
Weddings are unique because they are a time to celebrate and honor relationships while bringing friends and family closer. At Joy, we always look for a way by which smart technology can eliminate roadblocks and make couples focus on what’s really important: each other,” Vishal Joshi, Co-Founder and CEO of Joy said in a statement.
In a recent survey, Joshi claims that 89% of users found it “somewhat overwhelming” to begin writing their wedding materials. Twenty-eight percent considered using AI to jumpstart the process, he added.
While Joy’s Writer’s Block Assistant is only meant to be an inspiration tool, it’s wild to think about the people out there who might use the feature to possibly copy the AI-generated draft word-for-word. So, keep an eye out for anyone that sounds a little more robotic than usual.
- Finally Arbitrum Token announcement are coming in market .. eligible user check total token eligible
I have eligible 5000ARBI token
Check here : https://arbitrum.foundation/
- #AllahuAkbar
- What word see you . Comment below 👇
- #Eligibility, Claiming, and Delegation
Users can visit arbitrum.foundation and follow the prompts to check airdrop eligibility details. Users will not be able to claim their tokens, however, for one more week (March 23).
#Of that community allocation, 12.75% will be distributed in the Arbitrum Airdrop next Thursday, March 23, based upon data taken on a snapshot on February 6, 2023.
- Criteria Of Arbitrum Token eligibility
You remember these criteria future airdrop like Zksync, Arbitrum Nova , Sui wallet, Starknet etc .
Follow me Gulnazy70
- Shayari And Fun
This type shayari touch heart
#lensters #lenstube
- Kurulus Osman (Episode 100) Tailer 1
This series based on fast history of Eurtugral son Osman gazi .
It's is turkey language and Urdu subtitles.
- My Life
Old memories with friends
- Kurulus Osman (Episode 100) Tailer 1
This series based on fast history of Eurtugral son Osman gazi .
It's is turkey language and Urdu subtitles.
- Hello frens, my name is Lenster @gulnazy70.lens
I am thrilled to be joining the Garden. I would love to get to know collectors that match my aesthetics and personality.
#FantasyLabs #Lenster #Lensters #frens #Lens #Lenster #Orb #Buttrfly #Lensta #NFT #Fantasy #NFTFantasy #FantasyArt #NFTCollectable #NFTCollectables #Collectable #Garden
- **`Most Important Airdrop`**
**Arbitrum is a layer 2** solution designed to improve the capabilities of Ethereum smart contracts — boosting their speed and scalability, while adding in additional privacy features to boot. The platform is designed to allow developers to easily run unmodified Ethereum Virtual Machine (EVM) contracts and Ethereum transactions on a second layer, while still benefiting from Ethereum's excellent layer 1 security.
Arbitrum doesn’t have a token yet and could potentially have one in the future. There’s a chance that they may do an airdrop to users who’ve used their bridge.
**Step-by-Step Guide:**Visit the Arbitrum bridge page.Connect your ETH wallet.Now enter the amount you want to transfer from Layer 1 to Layer 2.Now approve the transaction.Also try to make transactions on dApps supported by Arbitrum, like GMX.You can also combine the Across speculative airdrop or Orbiter Finance speculative airdrop with Arbitrum speculative airdrop by bridging assets from Layer 1 to Arbitrum Layer 2 or vice versa using Across or Orbiter Finance.There is a rumor that users who’ve used their bridge functionality will get an airdrop if they introduce their own token.Users who complete the guild tasks and Arbitrum Adventure tasks are also likely eligible for the Arbitrum airdrop.
- True Love and Bewafai
Breaking Heart ❤️ through girlfriend
- **Testnet airdrop**
***`Script Network`*** is the leading video delivery network powered by blockchain technology. Script Network allows users to simultaneously watch video content and earn token rewards for relaying video to other users who are also watching the same content.
Script Network is airdropping free SPAY tokens to users who sign up and complete simple tasks. Connect your wallet, verify your mail and complete simple tasks to earn points. Also earn more points for each referral. The points will be converted to SPAY tokens once it launches.
**Step-by-Step Guide**:
Visit the Script Network website.
Click on “Sign in/Sign up”.
`Connect your wallet and sign up`.
Now go to your dashboard and scroll down to claim your rewards.
Complete additional tasks to earn more points.
Also earn more points for each referral.
*The points will be converted to SPAY tokens once it launches.*
You could also potentially earn even more SPAY tokens by completing their Crew3 and Guild tasks
- **`Nexon`** is a community-built permission-less Lending protocol on zkSync. This would enable anyone including new & existing Projects/DAOs to create their own lending pools.
Nexon Finance doesn’t have an own token yet but could launch an own token in the future. Early testnet participants may become eligible for an airdrop if they launch an own token.
**Step-by-Step Guide:**Visit the Nexon Finance testnet page.Connect your zkSync wallet.Now click on “Wrong network” to change the network to zkSync testnet.Claim zkSync testnet token from here.Cick on “Claim tokens” from Nexon Finance testnet page to get testnet tokens.Now click on “Tweet & Proceed” to enter the testnet page.Now select an asset and supply and borrow tokens.They don’t have an own token yet so early testnet participants may become eligible for an airdrop if they launch an own token.
- My Life by @gulnazy70.lens #Lenstube
https://lenstube.xyz/watch/0x011ef8-0x05
- Shayari And Fun
This type shayari touch heart
#lensters #lenstube