Disgraced FTX founder Sam Bankman-Fried claims he has just $100,000 left in his bank account after the implosion of his cryptocurrency empire.
The remarks Monday marked Bankman-Fried’s first attempt to explain his current personal wealth during intense scrutiny over his handling of FTX’s finances. The firm’s new leaders have condemned Bankman-Fried’s management of the company as they navigate a disastrous bankruptcy.
For some reason I don’t believe him.
The father of one of the four victims in the Nov. 13. University of Idaho stabbings says his daughter suffered “large punctures” from a “brutal weapon.”
Steve Goncalves — father of slain Kaylee Goncalves, 21 — said he learned a little more about who the police believe is responsible for the attack Tuesday.
“The detective said this weapon is probably something [the killer] paid money for and something that they’re proud of,” he told ABC news in his first on-screen interview.
He also vented his upset that the killer is “having a great life out there, and [we’re] just left in shambles.”
Pedophiles are getting less than a year prison time after a range of horrific acts, including raping kids under 14, a DailyMail.com investigation reveals.
Analysis of a California database of sex offenders shows thousands of child molesters are being let out after just a few months, despite sentencing guidelines.
Current and former sex crime prosecutors said the figures are ‘terrifying’ and ‘shameful’.
“At this time, no suspect has been identified and we have only released vetted information that won’t hinder the investigation,” Moscow Police spokesman Aaron Snell
Police investigating the deaths of four University of Idaho students have moved to shut down rumors about the case.
The students were found stabbed to death in their beds on November 13 in a rental house. They were housemates Kaylee Goncalves, 21, Xana Kernodle, 20, Madison Mogen, 21, and Kernodle’s boyfriend, Ethan Chapin, 20.
You can’t make this up. Earlier this month, some dough-faced dork named Sam Bankman-Fried—an MIT grad and son of Stanford law professors—vaporized the GDP of a small country after successfully conning the entire world of so-called educated elites.
All of them. The freaks in Silicon Valley, the freaks on Wall Street, the freaks in Hollywood, and the freaks in Washington. Even (or especially) the journalists who are supposed to be holding everyone accountable. The smartest, most enlightened professional experts and self-appointed moral referees.
Nearly two weeks after four University of Idaho students were found knifed to death in their off-campus home, police have still not publicly identified a suspect.
As students emptied out of the college town for Thanksgiving, investigators once again returned to the taped-off murder scene in Moscow on Friday — 13 days after Kaylee Goncalves, 21, Ethan Chapin, 20, Xana Kernodle, 20, and Madison Mogen, 21 were found stabbed to death at the house.
Disgraced former FTX CEO Sam Bankman-Fried financially backed half a dozen media outlets including ProPublica, Vox and the Intercept, it has emerged.
SBF’s crypto exchange sensationally collapsed earlier this month, after the company filed for bankruptcy amid reports it owes billions of dollars to customers.
But the repercussions could be even more far-reaching, with one media outlet warning it has a ‘significant hole’ in its budget now FTX has folded.
Officials in Moscow, Idaho, have yet to identify a suspect 10 days after the gruesome murder of four University of Idaho students.
On Wednesday, officials with the Moscow Police Department held a press conference to update the public on the ongoing investigation. Police said that they have not yet been able to identify a suspect in the crime.
Billionaires signal virtue to avoid paying tax
Elizabeth Holmes dressed in the same style every day: black turtleneck sweater, black slacks, and black low-slung shoes. This “uniform” underlined her deified status as a busy billionaire dedicated to changing the world, setting her apart from mere mortals with time to choose their clothes. “My mom had me in black turtlenecks when I was, like, eight,” she told one women’s magazine. “I probably have 150 of these. It makes it easy, because every day you put on the same thing and don’t have to think about it — one less thing in your life. All my focus is on the work. I take it so seriously; I’m sure that translates into how I dress.”
Seagram’s heiress Clare Bronfman, who bankrolled Keith Raniere’s NXIVM cult with her $500M fortune, wins bid to drop sex offender tag and will be transferred to ‘Club Fed’ low security prison where she could be released as soon as next year
VANCOUVER – Plans by the British Columbia government to confiscate suspected proceeds of crime with “unexplained wealth orders” are drawing praise from an expert in financial compliance as a way to make life harder from criminals.
Alexandra Wrage, CEO of Trace International, a global business association focused on commercial transparency and good governance, said unexplained wealth orders would help to redress and deter financial crime in the province, including money laundering.
I see a well intended idea abused by corrupt law enforcement. Asset seizures in the US have been nothing less than state sanctioned theft.
One year after gangs of thieves looted Western Pacific trains leaving Los Angeles, a police task force has brought down two cartels that stole $18 million in high-priced goods and sold them through online marketplaces.
It was a familiar sight to see tracks leaving the Port of Los Angeles littered with boxes and debris during late 2021, the result of burglars who rifled through slow-moving trains loaded with goods. The items were destined for stores across the nation that had been decimated by the pandemic and awaited new goods.
NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) – Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show.
Separately, attorneys for FTX said on Tuesday that one of the company’s units spent $300 million in the Bahamas buying homes and vacation properties for its senior staff, and that FTX was run as a “personal fiefdom” of Bankman-Fried. No further details were given.
IN September, when commenting on the evil killing of nine-year-old Olivia Pratt-Korbel at bedtime in her own home, I said, ‘A final word to the “lock ’em up brigade”. The thing about locking criminals up for a long time (the serious ones, the nasty ones) is that then they are not free to burst into the homes of little girls at bedtime to continue their gangland feud. If you lock up dangerous criminals they can sort out all their feuding in prison, where they should have plenty of time on their hands. Only then can the children have a peaceful bedtime story instead of being fatally shot in their own homes.’
We should all remember this when some bleeding-heart liberal tells you the prison population is ‘too high’.
The signs are obscured …