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  • Market Cap: $2,425,389,926,722.30
  • 24h Vol: $61,102,931,072.84
  • BTC Dominance: 56.53%

political donations

ftx-debtors-reveal-$6.8-billion-hole-in-balance-sheet-amidst-financial-discrepancies-and-payments-to-insiders

FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders

Leave a Comment / $6.8 Billion, accounting discrepancies, Alameda Research, Amazon Web Services, american express, AWS, Bankruptcy, Bitcoin, conglomerate, counterparties, Crypto Hacked, Cryptocurrency, debt, debts, Ethereum, Fairview Asset Management, financial discrepancies, ftx, insiders, Jimmy Buffett, liabilities, Margaritaville Beach Resort, Meta, News, Payments, political donations, quantitative trading, Quickbooks, Sam Bankman-Fried, Spotify, Stripe, third-party loans, Trulioo, Turner Network Television, unpaid invoices, Vendors / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8 […]

FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders Read More »

democrats-to-return-22%-of-$45.2-million-donation-made-by-ftx’s-co-founder-sam-bankman-fried

Democrats to Return 2.2% of $45.2 Million Donation Made by FTX’s Co-Founder Sam Bankman-Fried

Leave a Comment / alleged violations, bankrupt estate, Bankruptcy, Bitcoin, campaign contributions, campaign finance, Congressional Campaign Committee, creditors, Crypto Hacked, Cryptocurrency, Democratic National Committee, democratic party, Democrats, donations, Elon Musk, Ethereum, FEC, fraudulent means, ftx, George Soros, government ethics, Joe Biden, legal proceedings, moral decision-making, News, news media, PACs, political action committees, political calculation, political donations, Sam Bankman-Fried, Senatorial Campaign Committee, US midterm elections, US politics, White house / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), donated $5.2 million to Joe Biden’s campaign in 2020 and more than $40 million to Democrats leading up to the U.S. midterm election cycle, three major Democratic organizations plan to return 2.2% of the funds, or $1 million, to the now-defunct crypto exchange. Of the total

Democrats to Return 2.2% of $45.2 Million Donation Made by FTX’s Co-Founder Sam Bankman-Fried Read More »