New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business – Bitcoin News

[ad_1] According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J. Ray III, recently told members of the U.S. Congress that Joseph […]

FTX Co-Founder Bankman-Fried Plans to Surrender to US Extradition Request – Bitcoin News

[ad_1] Disgraced FTX co-founder Sam Bankman-Fried (SBF) has reportedly reversed his decision to contest his extradition to the United States. Bankman-Fried has spent close to five days in the Bahamas Department of Correctional Services (BDOCS) jail Fox Hill, an overcrowded prison known for being filthy and one that has been accused of prison maltreatment. Reuters […]

Hal Finney’s Wife Fran Activates Her Husband’s Twitter Account to Protect It From ‘Being Purged’ by Elon Musk – Bitcoin News

[ad_1] Roughly seven days ago the owner of Twitter, Elon Musk, disclosed that the social media platform planned to purge 1.5 billion Twitter names if they were inactive or the accounts haven’t logged in for years. After the statement, bitcoiners grew concerned that the now-deceased computer scientist Hal Finney’s Twitter account would be terminated. It […]

Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web – Bitcoin News

[ad_1] The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges like Binance, Crypto.com, and Kucoin following the FTX collapse last month. Mazars Group Pauses Crypto Company Audits, […]