Sam Bankman-Fried has been denied bail while awaiting extradition to the United States…,
Sam Bankman-Fried Quietly Bought an SEC-Registered Stock Trading Operation; There Are Big Questions As to What’s Happening with Customer Accounts…
Yesterday, just hours before Sam Bankman-Fried was arrested in the Bahamas at the request of Damian Williams, the U.S. Attorney for the Southern District of New York, Wall Street On Parade learned that Bankman-Fried had been allowed to purchase an SEC-registered retail brokerage firm in August of last year…
No One Trusts the FTX Bankruptcy Case: News Outlets Intervene; Justice Department Trustee Demands Independent Examiner; SEC Orders Disclosures…
For rather obvious reasons, the law firm Sullivan & Cromwell is suspect as it relates to managing FTX’s bankruptcy. Apparently the law firm poses several conflictual issues such as a former employee of the law firm became General Counsel for the crypto exchange not to mention another employee of the law firm represented FTX in the acquisition of another crypto firm…
Sam Bankman-Fried and the Missing Billions for Pandemic Planning…
Yes, I watched the appalling scenes of Sam Bankman-Fried’s media tour. He repeatedly returns to the theme of his philanthropy: pandemic planning…
FTX and the Curious History of Farmington State Bank…
In late November, Protos began demystifying the mysterious ties of the bankrupt and fraud-riddled cryptocurrency exchange FTX to “a small bank in rural Washington,” known as Farmington State Bank. Given that it has only 3 employees and is one of the smallest banks in the entire United States, Protos noted that “the fact that [this bank] somehow finds itself embroiled in the largest cryptocurrency fraud in history is puzzling, disconcerting, and totally out of place, to say the least.”…
A Forgotten Banking Scandal Suggests FTX Is the Tip of the Crypto Iceberg…
Fraud, money laundering, and corruption on a global scale, yet regulators seem asleep at the wheel. This has happened before…
Incoming House Oversight Chairman James Comer Winds Sean Hannity’s Tick-Tock Clock…
Incoming House Committee on Oversight and Reform Ranking Member James Comer (R-Ky.), along with lawmakers from the legislative committee, held a press conference today declaring an investigation shall commence into the Biden family’s influence peddling, the Hunter Biden laptop, and the Biden scheme to enrich themselves…
JP Morgan Blames Bear Stearns for ‘Criminal Enterprise’ at Precious Metals Trading Desk…
Regulators Expand Already Massive Precious Metals Manipulation Probe to Other Markets…
Just two days after the DOJ took the unprecedented step of designating the JPMorgan precious metals trading desk as a “criminal enterprise” using unusually aggressive language which reminded legal experts of indictments utilizing the RICO Act, and which hopefully ended years of precious metal manipulation by the group formerly headed by Blythe Masters, CNBC now […]