1 year ago
More accusation has travel to airy allegedly revealing the lavish manner of FTX co-founder and “altruist” Sam Bankman-Fried, arsenic the failed erstwhile crypto speech CEO besides fights for Robinhood shares helium says helium needs much than customers. In different news, Shark Tank prima Mark Cuban has warned that a crypto implosion could travel from “the find and removal of lavation trades” connected exchanges. Finally, experts person predicted golden prices volition soar successful 2023. All this conscionable beneath successful the latest Bitcoin.com News Week successful Review.
FTX Co-Founder’s Alleged Extravagance Comes to Light successful Bankruptcy Court Documents
Following the tribunal filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants entree to FTX’s $460 cardinal successful Robinhood shares, Delaware bankruptcy tribunal documents amusement tens of millions were spent by the FTX squad successful 2022 connected surviving accommodations, hotels, food, and flights. Moreover, SBF’s quantitative trading steadfast allegedly owes much than $55,000 to Jimmy Buffett’s formation resort, Margaritaville, aft Alameda and FTX executives occupied 20 suites for a fewer months past year.
SBF Fights for Robinhood Shares — Says He Needs Them More Than FTX Customers Who Only Suffer ‘Possibility of Economic Loss’
Disgraced FTX laminitis Sam Bankman-Fried (SBF) is attempting to regain entree to his Robinhood shares, worthy implicit $460 million. The erstwhile CEO of the collapsed crypto speech claimed that helium needs them to “pay for his transgression defense,” stressing that without them the consequences would beryllium superior and “irreparable.” FTX customers, connected the different hand, “face lone the anticipation of economical loss,” SBF’s tribunal filing states.
Billionaire Mark Cuban Warns of Next Crypto Implosion Coming From Wash Trades
Mark Cuban, a Shark Tank prima and the proprietor of the NBA squad Dallas Mavericks, has warned that the adjacent crypto implosion could travel from “the find and removal of lavation trades” connected centralized exchanges. The billionaire’s comments followed the illness of crypto speech FTX which wiped retired billions of dollars of lawsuit funds.
Gold Prices Expected to Soar successful 2023: Experts Predict Record Highs for Precious Metal
Gold is connected the emergence successful 2023 and successful the archetypal week of the caller twelvemonth alone, the precious metallic has jumped 2.36% against the U.S. dollar. Over the past 65 days, golden has soared 14.55% portion metallic has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the caput of metals strategy astatine MKS Pamp Group, determination is simply a “decent magnitude of bullish ‘pent-up’ request that has been carried implicit from past year” for gold.
What are your thoughts connected this week’a hottest stories from Bitcoin.com News? Be definite to fto america cognize successful the comments conception below.
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