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Former Enron chairman takes over SBF’s bankrupt crypto cartel

Crypto exchanges FTX and FTX US, trading firm Alameda Research, and over 100 related entities have declared Chapter 11 bankruptcy.

Investor Bill Ackman defends Bankman-Fried then deletes tweet

Ackman praised FTX chief Sam Bankman-Fried for his “accountability” on Twitter… then quickly deleted the tweet.

Alameda Research reportedly has immense exposure to illiquid assets like FTX token, with billions of dollars in loans.

According to a new investigation, Sam Bankman-Fried, FTX, Alameda Research, and Tether are all closely tied to bankrupt crypto lender Celsius.

BitBoy’s video took aim at Sam Bankman-Fried’s leaked proposition for the regulation of DeFi, referring to the billionaire as “the devil.”