Life at the FTX Bahamas Compound
Bloomberg Crypto21 Joulu 2022

Life at the FTX Bahamas Compound

Sam Bankman-Fried might not have expected that his time in the Bahamas would include the inside of a jail cell. Bankman-Fried and his inner circle at FTX and Alameda Research relocated operations to the Bahamas from Hong Kong in late 2021.

The Nassau-based employees and executives seemed to enjoy a lavish island lifestyle - think yachts and penthouses with ocean views. How much of that lifestyle was funded, ah, improperly is at the center of allegations and charges filed by everyone from the US Department of Justice to the Securities and Exchange Commission to the CFTC.

The Department of Justice alleges that, among other things, SBF misappropriated customer deposits. And there’s a brewing fight between officials in the US and local regulators in the Bahamas just who is in charge of what.

Bloomberg reporters Zeke Faux and Carly Wanna join this episode.

Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter

See omnystudio.com/listener for privacy information.

Jaksot(223)

Hedge Funds Question Crypto’s Future

Hedge Funds Question Crypto’s Future

In the aftermath of the FTX collapse - one of the most significant crypto exchanges in the industry, investors and hedge funds are seriously questioning the future of crypto.  FTX was once among the t...

20 Joulu 202217min

Jane Street's Culture

Jane Street's Culture

Sam Bankman-Fried has been arrested in the Bahamas and US authorities have unleashed some truly stunning charges against him, essentially accusing him of having his entire crypto empire as a personal ...

19 Joulu 202217min

This Week in Crypto: SBF Arrested

This Week in Crypto: SBF Arrested

Just a mere month ago, disgraced former FTX CEO Sam Bankman-Fried was the undisputed king of the digital asset industry. Now the 30-year-old is under arrest, facing criminal charges from the U.S. The ...

16 Joulu 202219min

What the Future Holds for Bitcoin ATMs

What the Future Holds for Bitcoin ATMs

Bitcoin ATMs could be considered symbolic of the state of crypto’s popularity. During the digital asset boom they kept on appearing in what could reasonably be considered unusual locations. Such as Am...

15 Joulu 202217min

Crypto's Very Bad, No Good Year

Crypto's Very Bad, No Good Year

It’s safe to say that 2022 wasn’t the best year for crypto. By late January, Bitcoin had already shed half its value from its all-time high set the previously November - nearly $69,000. And Bitcoin pr...

14 Joulu 202228min

How the 'Alameda Gap' Is Impacting Crypto Markets

How the 'Alameda Gap' Is Impacting Crypto Markets

For the last six months or so, the digital asset industry has been knee-deep in the trenches of a ‘crypto winter.’ Now, the demise of Sam Bankman-Fried’s FTX and Alameda Research have produced a drama...

13 Joulu 202213min

What Do Stimulus Checks Have to do With Crypto Winter?

What Do Stimulus Checks Have to do With Crypto Winter?

What do pandemic stimulus funds have to do with the recent collapse of crypto prices and entities like FTX? According to Bloomberg Opinion writer Robert Burgess, the answer is basically everything.As ...

12 Joulu 202214min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
ootsa-kuullut-tasta-2
rss-ootsa-kuullut-tasta
tervo-halme
politiikan-puskaradio
rss-vaalirankkurit-podcast
viisupodi
rss-podme-livebox
rss-asiastudio
otetaan-yhdet
the-ulkopolitist
et-sa-noin-voi-sanoo-esittaa
rss-kaikki-uusiksi
rss-hyvaa-huomenta-bryssel
linda-maria
rss-kalevi-sorsa-saation-podcast
rss-polikulaari-humanisti-vastaa-ja-muut-ts-podcastit
rss-merja-mahkan-rahat
rss-kuka-mina-olen
rss-tekkipodi