Business partners turn on Sam Bankman-Fried | CNN Business

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The stunning collapse of one of crypto’s most prominent firms has quickly morphed into a legal battle pitting former executives and ex-romantic partners against one another

. Last week, as FTX founder Sam Bankman-Fried was being extradited to the United States from the Bahamas, two of his former business partners pleaded guilty to multiple charges of fraud and conspiracy.

Although $250 million is an extraordinary sum, Bankman-Fried won’t have to pay it unless he violates the terms of his bail agreement or fails to show up to court. The atypical bail plan was agreed to as part of his commitment to waive his extradition fight. Following his court appearance, Bankman-Fried was spotted in a business class lounge at New York’s John F. Kennedy International Airport. Crypto reporter Tiffany Fong also tweeted a photo showing Bankman-Fried on American Airlines flight.

 

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Dealing with Democrats should’ve seen this one coming

Another same DocuRama waiting to happen .. have your people call Netflix people .. ugh!!

Stealing billions isn't a collapse! Maybe ask Democrats to return the $40 million they received from Sam to manipulate the outcome of midterms.

Tu camarógrafo TheGrefg 😂

Business partners? I think you meant co-conspirators.

Hang on, I’ve read this storyline before . . . It’s just like Theranos/Holmes/Balwani. A young and charismatic entrepreneur suckers in investors/VC (especially in Silicon Valley) and it turns out to be a complete fraud. Strange that we are seeing another retelling of this tale 🤦‍♀️

He won’t need a romantic partner where he is going.

Funny, there's usually so much honor amongst thieves

and now he is in house arrest , instead of sitting infront of the Judge

🤣

Don’t let Netflix get a holdof this

netflix special coming soon

Jail. All of them.

Typical Democrat behavior

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