Life at the FTX Bahamas Compound
Bloomberg Crypto21 Dec 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.

Avsnitt(224)

Decentralizing the Music Industry

Decentralizing the Music Industry

Earlier this year,  pop music duo The Chainsmokers released 5,000 nonfungible tokens for free. These NFTs gave fans a 1% cut of the streaming royalties from their latest album, as well as priority acc...

28 Juli 202218min

The Democratic Nature of DeFi

The Democratic Nature of DeFi

There’s a fascinating tension in crypto: there's the prevailing belief in the necessity, indeed the superiority, of decentralization. Then, there’s reality: when things hit the fan, folks respond by s...

27 Juli 202218min

Who Is Kirkland + Ellis LLP?

Who Is Kirkland + Ellis LLP?

There’s an old joke in finance: when companies fight, lawyers win. And right now in crypto, lots of companies are fighting - some for their corporate lives. Kirkland + Ellis, one of the biggest law fi...

26 Juli 202217min

From Blackrock to Uniswap

From Blackrock to Uniswap

Mary-Catherine Lader has a story to tell. She was a rising star at Blackrock when she left Wall Street and TradFi for crypto and DeFi. She's now chief operating officer at Uniswap Labs, creator of the...

25 Juli 202218min

DeFi versus TradFi

DeFi versus TradFi

While there’s a perception that ideas like the blockchain are novel and groundbreaking, the reality is there’s lots of precedents for concepts like DAOs, or Initial Coin Offerings. This is particularl...

22 Juli 202218min

Temperatures Rise at Celsius

Temperatures Rise at Celsius

The crypto winter of 2022 has claimed several casualties so far, but as of late, there’s one name that’s on everyone’s lips: Celsius Network, the crypto lender that’s now trying to save its skin throu...

21 Juli 202215min

The Price of Crypto Admission

The Price of Crypto Admission

What do Rapper Jay-Z and former CEO of Twitter, Jack Dorsey have in common? No it's not music... It’s Bitcoin.  If you spend enough time around people who believe that crypto can transform society, yo...

20 Juli 202213min

Analyzing The CeFi Wipeout

Analyzing The CeFi Wipeout

As investors around the world grapple with the reality of sustained declines in prices across crypto markets,  stakeholders are asking the question: what’s next? And in some cases, who’s next? In this...

19 Juli 202215min

Populärt inom Politik & nyheter

aftonbladet-krim
svenska-fall
rss-krimstad
p3-krim
spar
aftonbladet-daily
flashback-forever
rss-sanning-konsekvens
politiken
rss-krimreportrarna
motiv
blenda-2
rss-flodet
rss-frandfors-horna
grans
rss-vad-fan-hande
rss-aftonbladet-krim
dagens-eko
svd-ledarredaktionen
olyckan-inifran