Bankman Fried news and trends

Report: FTX and Bithumb in Acquisition Talks
Cryptocurrency // July 22, 2022

Crypto-trading platform FTX and crypto-trading platform Bithumb are in advanced discussions that could lead to FTX buying the South Korean company, Bloomberg reported. FTX’s co-founder was billionaire Sam Bankman-Fried. Bloomberg based the report, which stated that the discussions have been underway for months, on an...

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Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud

October 19, 2023
Crypto exchange Gemini and venture capital firm Digital Currency Group (DCG) are facing a lawsuit filed by New York Attorney General Letitia James, alleging the companies defrauded customers of $1.1 billion. The lawsuit, filed Thursday (Oct. 19), accuses Gemini and DCG’s Genesis Global Capital unit of not disclosing the risks associated with a crypto-lending program they launched in 2021, Bloomberg […]

Report: FTX and Bithumb in Acquisition Talks

July 22, 2022
Crypto-trading platform FTX and crypto-trading platform Bithumb are in advanced discussions that could lead to FTX buying the South Korean company, Bloomberg reported. FTX’s co-founder was billionaire Sam Bankman-Fried. Bloomberg...