FTX founder Sam Bankman-Fried reportedly denied speculative reports that he had flown to South America after the cryptocurrency exchange filed for bankruptcy.
denied speculation on Twitter that he had flown to South America after the cryptocurrency exchange filed for bankruptcy.
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance annual membership meeting in Washington, DC, US, on Thursday, Oct. 13, 2022.Reuters reported, citing two people familiar with the matter, that at leastWhen asked about the missing funds, Bankman-Fried responded: "???"Also on Saturday, FTX said that it was moving funds into offline storage after reporting "unauthorized transactions.
Cold storage refers to crypto wallets that are not connected to the internet to guard against hackers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’FTX CEO Sam Bankman-Fried admitted to investors he “should have done better” in providing transparency on the situation with FTX.
Read more »
Rumors continue to fly surrounding Sam Bankman-Fried and the fall of FTXA report citing anonymous sources claimed that FTX employees are trying to sell company assets while FTX CEO Sam Bankman-Fried is away.
Read more »
Scaramucci talks FTX, Sam Bankman-Fried and 'the worst week in cryptocurrency history'Anthony Scaramucci spoke about friend and business partner Sam Bankman-Fried on Squawk Box Friday morning.
Read more »
FTX files for bankruptcy as CEO Sam Bankman-Fried resigns in disgraceCrypto firm FTX is headed for bankruptcy after failing to secure a bailout.
Read more »
Crypto giant FTX to file for bankruptcy, CEO Sam Bankman-Fried steps downJUST IN: Crypto giant FTX and its affiliated companies have started the process to file for Chapter 11 bankruptcy, with founder and CEO Sam Bankman-Fried stepping down as CEO.
Read more »