Tag Archives: transferred

Sam Bankman-Fried secretly transferred FTX customer funds to Alameda Research after his trading firm suffered losses in the spring, report says

Sam Bankman-Fried secretly transferred FTX customer funds to Alameda Research after his trading firm suffered losses in the spring, report says

Sam Bankman-Fried.Craig Barritt/Getty Images for CARE For Special Children Sam Bankman-Fried transferred at least $4 billion in FTX funds to Alameda Research earlier this year, sources told Reuters. The money included customer funds as well as those backed by FTX’s native token FTT and shares in Robinhood.  The Wall Street Journal reported FTX lent more than half of its $16 billion in customer funds to Alameda in total. Sam Bankman-Fried transferred at least $4 billion from FTX to Alameda… Source link

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Brittney Griner being transferred to Russian penal colony after appeal denied, per report

Brittney Griner being transferred to Russian penal colony after appeal denied, per report

What had been feared for Brittney Griner has come to pass far sooner than expected. The process has begun for the WNBA All-Star to be transferred to a Russian penal colony, her legal team in Russia announced Wednesday in Moscow, a move her camp has dreaded since her August conviction on drug charges. A long-shot appeal for Griner was denied on Oct. 25, opening the possibility she would be moved from her previous jail in Moscow to the significantly harsher conditions of a penal colony, where… Source link

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