Sam Bankman-Fried might not have expected that his time in the Bahamas would include the inside of a jail cell. Bankman-Fried and his inner circle at FTX and Alameda Research relocated operations to the Bahamas from Hong Kong in late 2021.
The Nassau-based employees and executives seemed to enjoy a lavish island lifestyle - think yachts and penthouses with ocean views. How much of that lifestyle was funded, ah, improperly is at the center of allegations and charges filed by everyone from the US Department of Justice to the Securities and Exchange Commission to the CFTC.
The Department of Justice alleges that, among other things, SBF misappropriated customer deposits. And there’s a brewing fight between officials in the US and local regulators in the Bahamas just who is in charge of what.
Bloomberg reporters Zeke Faux and Carly Wanna join this episode.
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Introducing - Spellcaster: The Fall of Sam Bankman-Fried
Crypto Winter Meets Banking Crisis: A Tale of Three Banks
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Circle CEO Jeremy Allaire on US Crypto Regulation
The IRS Wants to Tax Your Frozen Crypto
What Are the UK and EU Doing About Crypto Regulation?
Why The FTX Collapse Shook The Bahamas
This Week in Crypto: Ukraine War, Marathon Digital, FTX
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What are Bitcoin NFTs?
The Latest on Bitcoin, FTX and Coinbase
2022 Was a Good Year for Crypto Hackers
How Are Bankruptcy Courts Shaping Crypto Law?
What Makes ‘Bitcoin Jesus’ Roger Ver Tick?
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