‘I am none of these’

Sam Bankman-Fried, the disgraced founder of now-defunct trading firm Alameda Research and its sister company FTX, took to Twitter to deny involvement in a series of undisclosed transfers and token swaps that came from wallets linked to Alameda Research.

in feedback in a media report that discussed Transfer Including people linked to Alameda, Sam Bankman-Fried tweeted, ‘None of them is me.’

He further claimed not to have access to them in the first place.

Sam Bankman-Fried and FTX owe billions of dollars

According to court documents, a group of FTX customers based outside the United States made an anonymous request for confidentiality to the judge overseeing the bankruptcy case involving the company.

In a document filed on Dec. 28, 15 creditors who claim that FTX owes them a total of $1.9 billion said they wished to remain anonymous due to the increased risk of fraud and theft associated with cryptocurrencies.

The filing states that the cryptocurrency was difficult to monitor and that traditional financial transactions were more secure than cryptocurrency transactions.

Anonymity is important to many more people than just those who use FTX. Judge Dorsey ordered the identities of FTX’s principal creditors to be kept secret. Creditors requested this.

FTX is now concerned with privacy

FTX is concerned that personal information could be stolen if the names of its creditors are made public. It is estimated that the top 50 creditors are owed a total of $3.1 billion in monetary compensation.

Together, the four most prominent financial news outlets—The New York Times, Dow Jones, Bloomberg and The Financial Times—have filed a lawsuit demanding that the identities of those responsible for the breach be made public.

The judge set a hearing for January to hear arguments from both sides. Prosecutors in the case blame poor management on the FTX explosion, if not outright theft.

FTX Brief Bankruptcy Ripple Tron Buyout

John J. Re: Been There, Done That

John Jay Ray III is an insolvency specialist and the current CEO of FTX. Ray claims that the mismanagement of FTX runs deep. They found that its employees used common programs like Slack and QuickBooks to manage multibillion-dollar finances. This is despite the fact that the company had recently emerged from bankruptcy.

According to Ray, a bankruptcy expert who worked on cases involving Enron and others, the failure of the Bahamas-based company was due to an “insufficiently trained and limited number of unskilled people”. Ray has worked on cases involving Enron and others. Ray has faced situations that were very similar in the past.

An investigation revealed that former FTX CEO Sam Bankman-Fried allegedly combined FTX customers’ investments with Alameda Research without FTX customers’ knowledge.

authority Arrested Sam Bankman-Fried extradited to the Bahamas last week and extradited to the US

The charges against Sam Bankman-Fried include money laundering and wire fraud. He posted a $250 million bond and is currently under house arrest at his parents’ residence in California.


All information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.



Leave a Reply

Your email address will not be published. Required fields are marked *