This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Sam Bankman-Fried has been arrested by The Royal Bahamas Police Force following reports that the United States filed criminal charges against the founder and former CEO of cryptocurrency exchange FTX , and is likely to request his extradition. TechCrunch reporter Amanda Silberling contributed to this piece.
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. News reports that FTX was mishandling funds and under investigation soon bloomed into the company filing for bankruptcy. FTX’s new CEO, Enron wind-down veteran John J.
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. There’s no accounting for AI : Kyle reports that Vic.ai
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.
The company just demonstrated a two-way data link this week and announced its first network partners in Africa and the Bahamas — if everything goes well it may not be long before you can get a signal anywhere in the world. Not a lot of data, of course — but more than enough for an SMS, a GPS location, a weather report, or the like.
judge released Bankman-Fried on a $250 million bail bond after he was extradited to America from the Bahamas. Then in December, he talked from an undisclosed location in the Bahamas with reporter Andrew Ross Sorkin for a DealBook event; a discussion that his legal team “very much” did not approve of, he told Sorkin with a boyish grin.
During the interview, SBF, while sipping (and at least once, spilling) a La Croix in the Bahamas, claimed multiple times that he did not know how certain aspects of the business, from its ties to its eventual bankruptcy, went so wrong. Darrell Etherington contributed reporting to this piece. . ” meeting with regulators.
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. But the funding round fell short of the $400–500 million that TechCrunch reported the company was pursuing last October.
The organizers of Fyre Festival — think: The Hunger Games, but for influencers — have agreed to a settlement with 277 attendees for $7,220 apiece, The New York Times reports.
Then a bunch of tech reporters all got suspended , at least some of whom had been tweeting about the jet tracker ordeal. SBF arrested : Sam Bankman-Fried, founder of the FTX cryptocurrency exchange/Gordian knot that exploded oh-so-dramatically over the last few months, was arrested in the Bahamas this week. Shortly thereafter, the U.S.
By December 12, Bankman-Fried had been arrested in the Bahamas. Further progress was made, “by 2022, however, the mission was less clear,” as Kirsten notes in her news report. That rings especially true for Udayy, which shut down after raising millions from investors, reported the Economic Times.
In our eighth annual research report, Measuring the State of Disaster Philanthropy 2021: Data to Drive Decisions , developed in partnership with Candid , we dive into how philanthropy and other donors supported natural hazards, severe weather events and complex humanitarian emergencies in 2019. . 18 at 2 p.m.
Most FTX customers have been unable to withdraw their funds from the platform as the Bahamas-headquartered company goes through bankruptcy proceedings. But because some people look a certain way or tick a certain box, they get all the funding, no governance, no reporting, and no accounting department.
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. FTX founder Sam Bankman-Fried has been arrested in the Bahamas. To get this in your inbox, subscribe here. May the earnest among us rise up: Techies, it’s prediction season. Seen on TechCrunch.
According to the World Resources Institute , As occasional reports arise of locally acquired malaria in Europe and the U.S., there is increasing concern that malaria could creep into places that havent seen it in living memory. The effect will be more extreme in areas that already have higher-than-average sea levels, such as the U.S.
The story opens detailing how GSD provided disaster relief in the form of medical care and road-clearing crews after Hurricane Dorian hit the Bahamas last year. The Daily Beast ’s Mark Harris has a wild story about Global Support and Development (GSD), a disaster charity founded by Sergey Brin that’s being run by his former bodyguards.
of the Rocket Report! Each report will include information on small-, medium-, and heavy-lift rockets as well as a quick look ahead at the next three launches on the calendar. The company launched its 60th Electron rocket Tuesday from New Zealand, Space News reports. Welcome to Edition 7.32 Rocket Lab launches for the 60th time.
Just saw Starship 8 blow up in the Bahamas @SpaceX @elonmusk pic.twitter.com/rTMJu23oVx Jonathon Norcross (@NorcrossUSA) March 6, 2025 As TechCrunch notes, SpaceX revealed in February that the seventh Starship test flight exploded because it suffered from propellant leaks that resulted in fires. ."
Spacecraft debris rained down over Turks and Caicos, resulting in one report of property damage. Shortly after, people began taking and posting pictures and videos online of debris raining over the Bahamas, and flights were temporarily grounded in Florida to avoid the wreckage. minutes after launch. This Tweet is currently unavailable.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content