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Bahama homes were purchased with FTX corporate funds

TechCrunch

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. Bankman-Fried, meanwhile, claims that he is still hoping to raise a $8 billion lifeline for the company. FTX’s new CEO, Enron wind-down veteran John J.

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Daily Crunch: US law enforcement charges SBF with fraud as he awaits extradition after Bahamas arrest

TechCrunch

Trading suits for stripes : After much fodder all over the place of why Sam Bankman-Fried was not behind bars sooner for his involvement in the collapse of FTX, Darrell reports that SBF was arrested in the Bahamas amid fraud charges brought by several U.S. raises $52 million , showing that automating accounting processes can be profitable.

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Syndicate raises ‘informal’ round from over 50 partners to bring DAOs to the masses

TechCrunch

In addition to sharing its progress, Syndicate just announced that it has raised $6 million in a strategic investment from more than 50 of its customers and partners. ” Crypto Bahamas signals stronger ties between old and new worlds of finance.

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That Fyre Fest tweet with the sad sandwich will be auctioned as an NFT for medical expenses

The Verge

But unlike the Fest itself, the tweeted photo of the limp cheese slice on wheat bread with some greens and a sad tomato in a styrofoam container isn’t a grift; as first reported by Axios , DeHaas is hoping to raise $80,000 which he plans to put toward his medical bills. Plus there are expenses for my donor that I would like to cover.”.

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Sam Bankman-Fried launches Substack: ‘I didn’t steal funds, and I certainly didn’t stash billions away’

TechCrunch

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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Big Impact, Small Budget: Live Auction Ideas for Small Nonprofits

Greater Giving

There are numerous captivating live auction ideas that don’t require a celebrity endorsement or a trip to the Bahamas. By implementing these ideas and following these tips, your small nonprofit can host a live auction that not only raises crucial funds but also creates a memorable experience for your supporters.

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Flying taxi startup Lilium will build a hub for its electric aircraft in Florida

The Verge

It will work with the primary real estate developer in the area, Bahamas-based Tavistock Development Company, on the development and construction of the vertiport. Lilium denies it was seeking to raise that much money, citing lower labor costs in Germany.

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