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CATEGORY: political donations

White House silent on whether it will return $5.2M in donations from SBF
Author: Cointelegraph By Jesse Coghlan
United States
Source: Cointelegraph.com News
Dec 14, 2022 08:25

White House silent on whether it will return $5.2M in donations from SBF

A White House spokesperson dodged point-blank questioning on whether President Joe Biden is planning to return the political donations from SBF.

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FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 18, 2023 10:30

FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders

According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8 [...]

The post FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders appeared first on Crypto Breaking News.

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