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In his new post, SBF found inconsistencies in documents filed by the law firm Sullivan & Cromwell (S&C) to a Delaware court alleging that FTX US is insolvent.
S&C somehow failed to include $428 million of assets in FTX US bank accounts in the report.
As a result, SBF concluded that FTX had hundreds of millions of dollars in excess of what the exchange needed to pay its obligations to users.
Just return the money, Sam!
Almost immediately after Bankman-Fried was released on a $250 million bail, wallet activity started. Additionally, there are persistent online rumors that he is currently not in his parents' home wearing an electronic bracelet on his leg but rather somewhere in the Alameda office.
The public came to the conclusion that Curly-haired Sam was preparing a daring escape and gathering the cryptocurrency to bribe the regulators. Furthermore, similar emptying of the company's wallets was observed when Terra CEO Do Kwon vanished (by the way, where is Do Kwon now?)
And here's a rhetorical question: why did the regulators seize FTX accounts but not Alameda’s? Everyone can see that these two businesses are related because the same person managed (or, to be more precise, damaged) both of them.
Curly-haired Sam, the former "future Rockefeller" and CEO of the bankrupt FTX exchange, has been extradited to the US from The Bahamas
However, for Sam, things got much worse as two of his main accomplices, Caroline Ellison and Gary Wang, began to testify to the feds. Due to the fact that sentences can be reduced for substantial assistance in the investigation, hopeless fraudsters decided to take advantage of this.
In their search for bankrupt FTX clients' money, lawyers want to cross-examine SBF's mother and brother.
It is already known that the businessman's parents lived in a house in the Bahamas worth $16.4 million, which was the property of a crypto exchange. And the SBF's brother bought a multi-million dollar property near United States Capital (probably with the FTX clients' money).
Negotiations with the SBF's father are ongoing. Perhaps the court will be able to get the truth at least from the suspect's father.
They announced a new job on LinkedIn: “Head of Central Bank Digital Currency.”
"The successful candidate will be responsible for leadership of HM Treasury’s work on a potential digital pound – a U.K. central bank digital currency (CBDC)," reads the post.
The Bank of England (BoE) had previously stated that the FTX collapse proved the need for a digital pound.
Just 24 hours after FTX's new CEO, John Ray, announced that the platform could be revived, fraudsters created a fake FTX 2.0 token.
The FTX2.0 scam token is being actively spread among the registered users' wallets, including Justin Sun, KuCoin, and Binance.
Security firm PeckShield reported that the smart contract of FTX 2.0 has a backdoor that allows hackers to steal funds from users' accounts. To participate in the "new airdrop" the users are encouraged to click on a phishing link.
But the worst part is that the token's code allows buying the coin, but prohibits it from being sold. That's why its price has quickly rocketed, causing a wave of FOMO among FTX customers. 












