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- Documents claim Alameda CEO Caroline Ellison’s FTX margin position was negative $1.3 billion in May 2022
- Elon Musk says former FTX CEO Sam Bankman-Freed will raise $1 billion to help Democrats
- Morgan Creek CEO says FTX co-founder SBF will ‘punish’ crypto
- Nobel Laureate Paul Krugman Warns of Eternal Blockchain Winter
Claimed FTX insider reveals controversial documents The crypto industry has had yet another wild week related to former Alameda Research CEO Caroline Ellison’s account at FTX. In related news, Elon Musk has been criticized for suggesting that former FTX CEO Sam Bankman-Fried (SBF) probably donated much more than publicly admitted Democrats. Morgan Creek Capital CEO Mark Yusko has suggested that the SBF is a “pawn” used by upper echelons to punish cryptocurrencies. You can read these stories and more in the latest edition of Bitcoin.com News Week in Review.
Documents claim Alameda CEO Caroline Ellison’s FTX margin position was negative $1.3 billion in May 2022
– FTX founder Sam Bankman-Fried (SBF) explained that he “didn’t run Alameda” and “didn’t know the size of their position.” In a recent discussion with The Block’s Frank Chaparro, SBF explained that while auditors were looking at his FTX corporate financials, auditors “do not look at customer positions or customer risks.” . He told Bitcoin.com News this week, on condition of anonymity, that Alameda Research CEO Caroline Ellison’s personal account could lead to her $1.31 billion loss in May 2022. shared documents showing that it suffered
Elon Musk says former FTX CEO Sam Bankman-Freed will raise $1 billion to help Democrats
Former FTX CEO Sam Bankman-Fried (SBF), who is suspected of donating more than $1 billion, probably donated more than $1 billion to help the Democrats. Many accused Musk of making the accusations without providing evidence. “This statement is incredibly irresponsible,” one person commented.
Morgan Creek CEO says FTX co-founder SBF will ‘punish’ crypto
Following the demise of FTX, many industry executives, influencers, celebrities and politicians have stated that the event was associated with the cryptocurrency market. We shared our views on the slaughter it brought to many innocent bystanders. On Dec. 2, Mark Yusko, his CEO and founder of Morgan Creek Capital, said in an interview that the FTX co-founder said Sam Bankman-Fried (SBF) was simply a “pawn” or a “helpful idiot.” I explained that there is a good chance that To “punish the industry”.
Nobel Laureate Paul Krugman Warns of Eternal Blockchain Winter
Nobel Prize-winning economist Paul Krugman has warned that the winter could drag on for blockchain projects, including cryptocurrencies. In a recent article published in The New York Times (NYT), The Economist criticized blockchain as a technology and pointed to its uses with some signs ahead of this winter.
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