#sam
134 articles found
Latest
Caroline Ellison: The Great Mind with a Dark Edge
Until autumn 2022, Caroline Ellison remained largely under the radar. That changed dramatically when FTX, once the leading cryptocurrency exchange, faced a major setback. Ellison, leading Alameda Research, channeled FTX client investments into ventures of dubious repute, culminating in the downfall of Sam Bankman-Fried’s empire. 
A spokesperson for the university stated that they have been in talks with FTX debtor attorneys to facilitate the full return of the donated funds. It’s worth noting that Sam Bankman-Fried’s parents have a longstanding association with Stanford Law School, serving as legal scholars and professors there. The donations in question, totaling approximately $5.5 million, were made by FTX-related entities between November 2021 and May 2022 for pandemic-related prevention and research. 
Kenya’s interior cabinet secretary Kithure Kindiki stated that individuals attempted to exit the country but were detained.
However, the U.S. government stepped in, asserting they should be permitted to depart since they hadn’t been formally convicted of any wrongdoing.
The U.S. further promised to ensure their return if needed for legal proceedings.
The committee probing Worldcoin has until September 28 to submit its findings.
It’s interesting to note that last week, Sam Altman was seen in a private meeting with Kenya’s President William Ruto and some other individuals. 
FTX Sues Founder's Parents for Fraudulent Transfers
The bankruptcy estate of crypto exchange FTX has filed a lawsuit against Joseph Bankman and Barbara Fried, parents of FTX founder Sam Bankman-Fried. The suit aims to recover millions of dollars in funds allegedly transferred and misappropriated fraudulently. 