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US to extradite embattled FTX ex-CEO Sam Bankman-Fried from Bahamas

November 18, 2022 -

Bankman-Fried has found himself in the middle of a major controversy after his crypto exchange was revealed to be funneling money to a sister trading company, Alameda Research, that is run by the 30-year-old's girlfriend, Caroline Ellison.

Sources told Bloomberg that Bahamian and American authorities have been holding intense discussions in recent days as they investigate the role Bankman-Fried played in the collapse of FTX. He is reportedly cooperating with Bahamian ...

FTX founder Sam Bankman-Fried puts up Bahamas penthouse for sale at $40M

November 17, 2022 -

According to a report by Semafor, the 12,000 square-foot residence located in the Albany luxury resort community was recently listed for sale. While the realtor in charge refused to name Bankman-Fried, insider sources verified that it was indeed the residence of the disgraced crypto bigwig.

The property designed by Morris Ajmi Architects is priced at $39,950,000 with an extra $21,000 in maintenance fees. The new buyer is set to enjoy its five bedrooms and master suite ...

Former colleague’s inside story: Disgraced Sam Bankman-Fried intended to build vaccine factory in the Bahamas

August 28, 2023 -

"He didn't just want to build a company. He wanted to build a machine, a growing sphere of influence that could break past the walls of that little office in Berkeley and wash over the world 'as a force for good.'"

Bankman-Fried's vision for FTX – the now-bankrupt company that formerly operated a crypto hedge fund – extended far beyond just a crypto exchange. His "humanitarian" plans included building a huge vaccine factory in the Bahamas to promote immunizations ...

Security warning and travel advisory issued by U.S. Embassy in the Bahamas following 18 murders reported in January

February 01, 2024 -

The U.S. Embassy in the Bahamian capital of Nassau warned that safety concerns in the island nation have reached a point of severity where U.S. officials are warning Americans in the Bahamas to not even try to "physically resist" being robbed.

"Murders have occurred at all hours including in broad daylight in the streets," wrote the embassy in a press release recommending the use of "extreme caution," especially for Americans who plan to travel through the ...

Sam Bankman-Fried’s parents purchased $121 million in “vacation home” properties in Bahamas using illicit funds from FTX crypto scam

November 27, 2022 -

Citing official property records, Reuters reports that it was not just "executives" at FTX and Alameda that were stealing investor cash and using it to pad their own pockets and buy expensive properties. SBF and his family were doing the same without shame.

Most of the properties that SBF's parents bought in the Bahamas using stolen funds were "luxury beachfront homes, including seven condominiums in an expensive resort community called Albany, costing almost ...

Explosion of pillaging and looting across Bahamas in wake of Hurricane Dorian proves yet again that society will not remain civil after a collapse

September 15, 2019 -

Reports indicate that many areas of the Bahamas descended into "war zone" after the hurricane finally left the area, leaving people stranded and desperate, and willing to do almost anything to survive. And it is always important to remember that things would be no different here in America, as desperate people are willing to take desperate measures in order to feed themselves, as one example.

"It's just total devastation ... there's nothing left," one woman ...

FLOATING BIOWEAPONS LAB: Royal Caribbean requires all crew members and adult passengers to be vaccinated

March 25, 2021 -

The cruise line recently announced that it will start sailing again from Nassau in the Bahamas starting June 12.

With President Joe Biden directing states to make coronavirus vaccines available to all American adults no later than May 1, Royal Caribbean is expected to sail in U.S. waters soon. But there is currently no definite date for that and it's not clear whether vaccines will be required on vessels departing from the U.S.

"That is still under consideration," ...

Bahamian government wants to take back $256 million-worth of luxury properties bought by FTX executives (with other peoples’ money)

December 14, 2022 -

The Bahamian officials went to a federal court in Delaware asking the court to dismiss FTX's bankruptcy proceedings for its property subsidiary, FTX Property Holdings Limited.

Bahamian attorneys told the court that because all of FTX Property Holdings' real estate was in the Bahamas and because "Bahamian law does not allow recognition of a foreign insolvency proceeding for a Bahamian company," the bankruptcy proceedings for the subsidiary should be suspended....

SEC reveals Sam Bankman-Fried squandered FTX missing funds on political donations and himself

December 16, 2022 -

The controversial mogul, who was arrested in the Bahamas on December 12 and is now facing charges following his company's bankruptcy filing, "gifted" himself $1.338 billion through personal loans, according to the Securities and Exchange Commission (SEC).

"Between March 2020 and September 2022, Bankman-Fried executed promissory notes for loans from Alameda totaling more than $1.338 billion, including two instances in which Bankman-Fried was both the borrower ...

Sam Bankman-Fried’s ex-girlfriend may have fed the government information that led to his arrest

December 19, 2022 -

This sparked speculations that she was in New York to meet with law enforcement officials. Legal experts even claimed that she likely flipped on Bankman-Fried and provided the government with information that led to his arrest.

Former Securities and Exchange Commission (SEC) lawyer Howard Fischer said Ellison was likely among the first people to turn on SBF and help prosecutors build their fast-moving fraud case in the controversial $8 billion collapse of his FTX cryptocurrency ...

FTX seeks to retrieve voluntary payments from donation recipients, including some Democrats

December 22, 2022 -

According to reports, the company will attempt to recoup voluntary payments made to third parties prior to its collapse.

"To the extent such payments are not returned voluntarily, the FTX debtors intend to commence actions before the bankruptcy court to require the return of such payments, with interest accruing from the date any action is commenced," the digital currency firm stated.

"Recipients are cautioned that making a payment or donation to a third party ...

FTX founder Sam Bankman-Fried out on $250M bail

December 23, 2022 -

U.S. Magistrate Judge Gabriel Gorenstein of the U.S. District Court for the Southern District of New York in Manhattan approved the personal recognizance bond – a written commitment from the accused to appear in court when ordered. Gorenstein set Bankman-Fried's next court appearance on Jan. 3, 2023 to enter his plea before U.S. District Judge Ronnie Abrams and be arraigned. Prosecutors and Bankman-Fried's defense team agreed to the terms of the bond.

In return, Bankman-Fried's ...

Biden’s Justice Department drops campaign finance charge against Democratic megadonor Sam Bankman-Fried (who illegally paid off Democrats)

July 28, 2023 -

According to a letter by the Department of Justice sent to the District Court for the Southern District of New York, the federal government is allegedly not pursuing the charge because the government of the Bahamas did not plan to extradite Bankman-Fried to the United States on campaign finance charges.

"Accordingly, in keeping with its treaty obligations to the Bahamas, the government does not intend to proceed to trial on the campaign contributions count," ...

Sam Bankman-Fried’s father complained about being paid only $200K a year when he expected an annual salary of $1M from FTX

September 22, 2023 -

This is according to a lawsuit filed by FTX, the cryptocurrency exchange founded by Bankman-Fried, against his parents. This lawsuit accuses Joseph and Barbara Fried, Sam's mother, of siphoning millions of dollars from FTX for their own benefits and causes.

The lawsuit details a complaint made by Joe to his son about his pay from FTX and how he brought Fried in to mediate the matter. (Related: Sam Bankman-Fried indicted AGAIN for allegedly using $100M in stolen customer ...

Breaking News: Macron BUSTED – New documents prove he lied about Tax Evasion

May 05, 2017 -

Macron denied the allegations.

Now, new documents prove he lied about – almost – everything.

(Article by Carter Brown, republished from TheGatewayPundit)

Two days ago, an Anon on /pol/ (the 4Chan thread notorious for unmasking Antifa, among other things) uploaded proof of Macron’s tax evasion.

"Document 1" shows the Macron La Provicence LLC operating agreement.

(See the full document here.)

Document 2.

This document shows that ...

China exploiting Caribbean nations to build military and missile bases that can threaten the continental United States

December 22, 2020 -

In an op-ed in the Gatestone Institute, Lawrence A. Franklin warns against the dangers of China's increased investment in the region both economically and militarily."Belt and Road" initiative a debt trap for Caribbean nations

The CCP is investing heavily into the establishment of a Caribbean Belt and Road Sector as a way to make inroads into the region. This includes construction projects such as the modernization of airports and seaports.

But the op-ed points ...

SAM THE SIPHON: Filings show former CEO Sam Bankman-Fried took $2.2 billion in customer funds for personal use

March 21, 2023 -

Bankman-Fried and the other employees transferred the funds to their personal accounts using the label of “payments and loans.” This is according to filings in bankruptcy court by the company's new management. The transfers took place prior to the collapse of the crypto exchange late last year, and most of the funds came from Alameda Research.

According to the filings, Bankman-Fried took $2.2 billion for himself, while FTX Co-founder Gary Wang took $246 million, former ...

Fan of Tom Brady who lost life savings following football star into FTX scam sues him for recompense

December 20, 2022 -

Michael Livieratos says he decided to go the FTX route after seeing Brady in commercials endorsing the cryptocurrency. In one of them – watch below – Brady was seen stating that "FTX is the safest and easiest way to buy and sell crypto."

Updated Tom Brady / FTX commercial pic.twitter.com/v4kIS9a9dA

— Freezing Cold Finance Takes (@FreezingFinTake) November 24, 2022

Brady also appeared alongside Sam Bankman-Fried (SBF), the disgraced ringleader of the FTX Ponzi ...

FTX contagion spreads as BlockFi crypto firm files for Chapter 11 bankruptcy

November 29, 2022 -

Reports indicate that BlockFi filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey almost immediately following the implosion of FTX.

The filing suggests that BlockFi had more than 100,000 creditors with liabilities and assets ranging from $1 billion to $10 billion. There is also an outstanding $275 million loan to FTX US, the American arm of Sam Bankman-Fried's (SBF) crumbled crypto scam.

In tandem with ...

So-called “audits” of crypto companies are a complete joke, carried out by auditors who don’t even understand basic principles of finance or math

November 22, 2022 -

It is going to be a lengthy process getting to the bottom of what happened, but according to new company CEO and liquidator John Ray III, who also oversaw the unwinding and liquidation of Enron, what has already been uncovered is simply shocking.

"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here," Ray said.

"From compromised systems integrity and faulty ...