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)

Gender Fluidity In The Metaverse

Gender Fluidity In The Metaverse

Experimenting with who you are online, especially if those identities are really different from who you present to the analogue world, is not a new concept. Neal Stephenson famously coined the phrase ...

6 Juli 202219min

Does the Senate Reg Bill Scratch The Itch?

Does the Senate Reg Bill Scratch The Itch?

In June, Senators Kirsten Gillibrand and Cynthia Lummis introduced a sweeping Senate bill that would regulate crypto assets. Influential crypto insiders have hailed the proposal as a great starting po...

5 Juli 202219min

No US Spot Bitcoin ETF For You

No US Spot Bitcoin ETF For You

One of the most closely-watched fights in crypto might sound a little obscure, but it’s really important. It pits a company called Grayscale Investments against the US Securities and Exchange Commissi...

1 Juli 202216min

Crypto Money Goes to Washington

Crypto Money Goes to Washington

It might feel like there’s always some kind of election happening in the US - and that’s because there is. State and local elections can happen every year, while ​​Congressional mIdterms occur every o...

30 Juni 202217min

Won't Anyone Think of the UK Crypto Investor?

Won't Anyone Think of the UK Crypto Investor?

Rishi Sunak, one of the most senior people in the UK government, this year announced he wanted to establish the country as a global hub for crypto . He’s got some catching up to do: the competition be...

29 Juni 202213min

Why Bitcoin Trades Like A Stock

Why Bitcoin Trades Like A Stock

One of the features that early crypto investors would talk about is something called correlation - specifically, the lack of it. Correlation refers to the relationship between different financial asse...

28 Juni 202215min

What’s Up With Crypto’s VC?

What’s Up With Crypto’s VC?

California’s Silicon Valley is both a place and a philosophy. It’s hailed as *the* place for US tech startups to get funding and attract talent. VCs, or venture capitalists, are integral to this mytho...

27 Juni 202214min

Crypto Joins The War in Ukraine

Crypto Joins The War in Ukraine

Prior to the Russian invasion of Ukraine in February, the Ukrainian government and the country’s crypto community would not have been described as allies. There was skepticism, distrust and even a few...

24 Juni 202215min

Populärt inom Politik & nyheter

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