Bahamas Files Raise 
TechCrunch
NOVEMBER 17, 2022
A new bankruptcy filing, first reported by CNBC , shows that FTX’s corporate funds were used to purchase homes in the Bahamas among other personal items. The details arise less than a week after the now infamous crypto exchange filed for bankruptcy – a decision that founder and former CEO Sam Bankman-Fried said he regrets.
TechCrunch
JANUARY 12, 2023
In a post titled “FTX Pre-Mortem Overview,” Bankman-Fried maintains his innocence surrounding the collapse and bankruptcy of FTX, a cryptocurrency exchange he founded in 2019 that went on to raise $2 billion in funding and achieve a valuation of a staggering $32 billion. His trial date has been set for October 2, 2023. Last month, a U.S.
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TechCrunch
MAY 3, 2022
. “When we talk about NFTs, there are images and songs and videos and all of these things, but the sort of lightbulb [for Americana] was that all of these things are files,” Frey said. “Of course, files are very easy to transact on the internet, but what about everything else?” Americana just raised $6.9
TechCrunch
NOVEMBER 21, 2022
Most FTX customers have been unable to withdraw their funds from the platform as the Bahamas-headquartered company goes through bankruptcy proceedings. FTX bankruptcy filings state that it owes money to over a million people and businesses after SBF used billions of dollars from customer money to prop up Alameda Research.
TechCrunch
DECEMBER 20, 2022
It is, frankly, a bad time to be raising and, by extension, a bad time to be running an early-stage startup. Before that, the commerce service platform raised $85 million in the country’s largest Series B funding, at a valuation of $275 million. The o nce-third-largest crypto exchange FTX on November 11 filed for bankruptcy in the U.S.
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