— FTX, Michael Lewis
Going Infinite is the latest blow to Michael Lewis’ reputation
No one had more access to Sam Bankman-Fried and his empire than Michael Lewis, who squandered it all in his latest book, Going Infinite.
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— FTX, Michael Lewis
No one had more access to Sam Bankman-Fried and his empire than Michael Lewis, who squandered it all in his latest book, Going Infinite.
Prager Metis, which took care of the books for FTX has had a complaint filed against it for failing to follow rules for public accountants.
— Barbara Fried, FTX
FTX debtors allege that Joseph Bankman and Barbara Fried were deeply involved in FTX, and received millions in rewards for their roles.
The FTX bankruptcy noted contracts with SkyBridge dated days after Joseph Bankman warned Scaramucci about an "asset-liability mismatch."
One of FTX's general counsels was involved in an attempted acquisition of TrueUSD by Tron and Justin Sun, according to a lawsuit.
Did SBF, Alameda, and FTX make its cash through the Kimchi Arbitrage? These curious ties to Chinese entities seem to suggest otherwise.
Abra has supposedly directed investors to open accounts at Prime Trust, despite the firm lacking a money transmission license in Texas.
FTX is unlikely to restart soon but is assessing the possibility, as it continues to recover funds for creditors.
FTX court filings reveal exec payouts weren't too generous for Alameda Research co-CEO Ellison, and far less than co-CEO Sam Trabucco.
Sam Bankman-Fried relied on a number of trading desks beside Alameda Research to keep his empire functioning.