Crazy! New Details On FTX, Alameda Research and Sam Bankman-Fried!
A major cryptocurrency exchange player in the bitcoin, and Ethereum market, FTX filed for bankruptcy. As more details emerge, the founder, Sam Bankman-Fried is coming under scrutiny due to the poor mishandling of finances and fraudulent practices. FTX was also a major donor for the democratic party second only to George Soros. President Vladimir Zelenskyy of Ukraine invested money through FTX According to a lawsuit filed this week, plaintiffs are seeking more than $11 billion in damages from not only sam Bankman-Fried, but also Tom Brady, Steph Curry, and Kevin O'Leary for misleading investors by advertising FTX. Bankman-Fried also ran a hedge fund named Alameda Research LLC that borrowed money from FTX investors to trade against them in a major conflict of interest. Caroline Ellison was the CEO of the fund and Bankman- friends on and off girlfriend openly discussed her financial incompetence and showed the world why the company ultimately failed. #ftx #sambankmanfried #sbf #alameda #ellison #carolineellison #bitcoin #ethureum #crypto #stockmarket #democrats #joebiden
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