(Natural News) The founder of crypto exchange FTX, Sam Bankman-Fried, is expected to be extradited from the Bahamas back to the U.S. as $2 billion of clients’ money remains unaccounted for. This is according to a report from Bloomberg, which says that authorities in the U.S. and the Bahamas have been discussing extraditing him for […]

(Natural News) Sam Bankman-Fried, the founder of beleaguered cryptocurrency exchange company FTX, has put up his penthouse in the Bahamas for sale with a $40 million price tag. 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 […]

(Natural News) The head of strategy for cryptocurrency exchange firm Binance took a swipe at beleaguered rival FTX immediately after the latter filed for bankruptcy. “This is the direct result of a rogue actor breaking every single basic rule of fiscal responsibility,” Binance Chief Strategy Officer Patrick Hillmann said in a statement given to the Wall […]

(Natural News) The crumbling crypto industry has claimed another likely victim in BlockFi, a digital-asset lender worth $10 billion once, but is now barely functioning. With FTX announcing its plans to file for bankruptcy on Friday, Nov. 11, BlockFi announced via Twitter on the same day that it is “stopping client withdrawals” because of a “lack […]

(Natural News) The more we discover about FTX crypto exchange founder and CEO Sam Bankman-Fried, the more we learn about what a criminal he really is. According to reports, Bankman-Fried’s trading firm, Alameda Research, allegedly used billions of dollars worth of customer funds while using the exchange’s native token as collateral. “The quant trading firm Sam Bankman-Fried […]

(Natural News) It’s becoming increasingly clear that the crypto industry is rife with fraud and abuse, as the most recent development regarding FTX’s ‘billionaire’ founder proves. What’s more, those fraudsters have substantial monetary ties to Democrats, which should surprise no one. The most recent example involves the “FTX crypto slush fund run by now-disgraced Sam […]

(Natural News) The corporate world’s financial fealty to cancel culture Democrats continues to the detriment of investors who have now lost billions of dollars after foolishly handing money over to a left-wing con artist. Sam Bankman-Fried, the founder of crypto exchange FTX, has vanquished more than $15 billion in claimed assets, but while he still had […]

(Natural News) The Department of the Treasury is reportedly investigating crypto exchange Kraken on suspicion that it permitted Iranian users to use the site’s services in violation of federal sanctions. According to reports, the Treasury Department is expected to enforce a fine against the exchange. Kraken Chief Legal Officer Marco Santori said in a statement that they […]

(Natural News) Chinese miners are selling out or seeking new markets overseas after local governments in mining hubs in China imposed sweeping bans on cryptocurrency mining. “Many miners are exiting the business to comply with government policies,” said Mike Huang, operator of a crypto mining farm in the southwest province of Sichuan, which is China’s second leading […]

(Natural News) On Monday, June 21. the price of bitcoin and other cryptocurrencies slid further after China’s central bank ordered the country’s largest banks and payment processors to play a bigger role in curbing cryptocurrency trading and related activities. The People’s Bank of China (PBOC) on Monday summoned representatives of multiple financial institutions – including […]