Former FTX chief, Sam Bankman-Fried, who is currently serving 25 years behind bars has reached an agreement with investors to settle their civil claims. Bankman-Fried will cooperate in a. The list of celebrities include Tom Brady, Shaquille O'Neal, Stephen Curry, Shohei Ohtani, Gisele Bundchen, Larry David and others
A group of FTX investors has agreed to drop legal claims against Sam Bankman-Fried. In exchange, the disgraced former crypto exchange CEO will cooperate in the investors’ suits against other defendants stemming from FTX’s collapse, including various celebrities paid to promote the exchange, according to court documents filed Friday (April 19). The settlement, first reported by Bloomberg News, comes weeks […]
Sam Bankman-Fried, facing the prospect of spending much of his adult life behind bars, on Thursday appealed his conviction and 25-year prison sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded. Defence lawyer Marc Mukasey had announced plans for the appeal to the Manhattan-based 2nd US Circuit Court of Appeals during Bankman-Fried's March 28 sentencing hearing. The 32-year-old former billionaire crypto wunderkind was convicted in November...
Sam Bankman-Fried, the founder of crypto exchange FTX who went from the 41st richest person in America to broke faster than any billionaire in history, has settled the lawsuit FTX investors filed against him in exchange for his help and cooperation in lawsuits against celebrities like Tom Brady and Shaq who publicly promoted FTX. This […]
Mark Cuban is “proud” to pay his taxes. The 65-year-old billionaire revealed his hefty payment of $288 million to the IRS in a social media post on Sunday. While Cuban revealed his satisfaction with fulfilling his duty as a citizen, he seemingly took a swipe at Donald Trump, whose finances have long been under scrutiny amid his legal woes.Billionaire Mark Cuban seemingly takes a jab at Donald Trump“I pay what I owe. Tomorrow I will wire transfer to the IRS $288,000,000.00 This country has done...
Cuban appeared to call out former president Donald Trump in a Sunday
Ahead of Tax Day, billionaire Mark Cuban seemingly took aim at former President Donald Trump on Sunday as he revealed how much he is paying in taxes.The deadline to file federal income tax returns and extensions to the Internal Revenue Service (IRS) for most of the country is Monday, April 15. For many, the annual tax adjustments, including new tax brackets, an increased standard deduction and higher limits to 401(k) plans are leading to lower income taxes and an increased tax refund.: What Is a...
Billionaire Mark Cuban confronted fellow billionaire Bill Ackman online on Saturday after he criticized President Joe Biden's forgiveness plan for student loan debt.Biden recently canceled student loan debt for a further 277,000 people, bringing the total number of Americans approved for debt relief during his administration to 4.3 million. The latest debt relief applies to people enrolled in the federal Saving on a Valuable Education Plan (SAVE), or people who were approved for relief because...
"This country has done so much for me, I'm proud to pay my taxes every single year," Cuban wrote on X. "Tag a former president that you know doesn't."
The world of cryptocurrency is a wild ride. Opinions on Bitcoin’s future are all over the map, with some experts bullish and others bearish. Right now, Bitcoin is stuck around $64,000, and no one can quite agree on where it’s headed next. Related Reading: VeChain Lands $100 Million Knockout Partnership With UFC – Details Crypto: […]
Sam Alito appears to believe everything Trump has claimed about the unfairness of his prosecutions.
A stolen car crashed off a highway during a chase through Massachusetts on Monday, leading to the arrest of three people inside, police said. The car crashed off Interstate 290 in Northborough, causing heavy delays. Two of the people inside were taken to a hospital, according to Massachusetts State Police. The police pursuit began in the MetroWest area, and a