Crypto Event

Sam Bankman-Fried’s Emergent Fidelity Technologies Files for Bankruptcy

Emergent owns 56 million shares of online brokerage Robinhood. Emergent Fidelity Technologies, a company co-founded by FTX founder Sam Bankman-Fried and former executive Gary Wang, filed for Chapter 11 bankruptcy Friday evening. Emergent Fidelity is a company that owns 56 million shares of Robinhood Markets (HOOD), a property that quickly became the main topic of […]

Crypto Event

DOJ says Sam Bankman-Fried tried to influence witness testimony, calls for communications ban

On Friday, federal prosecutors wrote to U.S. District Judge Lewis Kaplan, asking him to modify Sam Bankman-Fried’s bail to include a ban on personal communications with current and former FTX employees and from and Alameda research. The request from the Department of Justice (DOJ) comes after Bankman-Fried contacted at least one FTX employee – identified […]