The family hired a $10,000-a-week, armed security detail to guard the house after the accused cryptocurrency fraudster received death threats.
A car rammed into a metal barricade outside the California home where Sam Bankman-Fried is serving out his house arrest in an intentional and malicious crash, his lawyers said Thursday.
Bankman-Fried’s lawyers, Mark Cohen and Christian Everdell, didn’t provide a specific date of the alleged threat, but said it happened recently. In a letter to US District Judge Lewis Kaplan, the lawyers said the individuals’ names should remain private due to the “significant privacy and safety concerns” they would face given the case’s notoriety.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Car drove into barricade outside Bankman-Fried's home, lawyers sayA car recently drove into a metal barricade outside Sam Bankman-Fried's home in California, his lawyers said on Thursday, in an incident they said underscores the security concerns faced by the FTX founder and those ensuring his return to court.
Read more »
Semafor Set to Buy Out Sam Bankman-Fried’s $10M Investment: ReportThe FTX boss, who is facing allegations of orchestrating a colossal fraud worth billions, made the single biggest outside investment in Semafor, which launched in 2022.
Read more »
Why billionaire Bill Ackman isn't condemning FTX's Sam Bankman-FriedBill Ackman keeps finding reasons not to condemn disgraced FTX founder Sam Bankman-Fried for fraud. Here's why, in the billionaire's 8 top quotes.
Read more »
Sam Bankman-Fried Disputes FTX US 'Shortfall' Claims, Critics Skeptical of Excel Spreadsheet Defense – Bitcoin NewsFormer FTX boss SBF stated that the presentation published by the FTX debtors’ law firm is 'extremely misleading' and that FTX US is solvent.
Read more »
Sam Bankman-Fried's Substack is an 'incredibly foolish' idea says former federal prosecutor“I didn’t steal funds,” Sam Bankman-Fried, the former CEO of FTX, wrote in a Substack newsletter that he launched. “And I certainly didn’t stash billions away.” To legal experts, the launch of a Substack after an arrest is a terrible idea.
Read more »
FTX profited from Sam Bankman-Fried's inflated coins: ReportSam Bankman-Fried may have used his influence in the crypto industry to inflate the prices of some coins through Alameda Research.
Read more »