Bankman-Frieds lavish lifestyle supposedly uncovered, Cuban warns of the implosion of washing trade, experts expect rising gold prices in 2023-weekly review-The Weekly
Bankman-Frieds lavish lifestyle supposedly uncovered, Cuban warns of the implosion of washing trade, experts expect rising gold prices in 2023-weekly review-The Weekly

further information has come to light that allegedly reveal the lavish lifestyle of the FTX co-founder and "altruist" Sam Bankman-Fried, since the failed former CEO of the crypto exchange also fights Robinhood shares, of which he says that he needs more than customers. In other messages, Shark Tank Star Mark Cuban warned that a crypto implosion could arise from “the discovery and removal of wash trades” on stock exchanges. Finally, experts predicted that gold prices will increase in 2023. All of this right below in the latest Bitcoin.com News Week in Review.
Alleged extravagance of the FTX co-founder comes to light in documents of the insolvency court
According to the court application, which shows that FTX co-founder Sam Bankman-Fried (SBF) would like to have access to Robinhood shares from FTX worth $ 460 million, documents from the Delaware Insolvency Court show that the FTX team spent tens of millions for accommodations, hotels and foods in 2022. In addition, the quantitative trading company of SBF allegedly owes more than $ 55,000 to Jimmy Buffett's beach resort Margaritaville after Alameda and FTX managers had filled 20 suites for a few months last year.
SBF fights for Robinhood shares-says that he needs more than FTX customers who only suffer from the "possibility of an economic loss"
The folded FTX founder Sam Bankman-Fried (SBF) tries to regain access to his Robinhood shares worth over $ 460 million. The former CEO of the collapsed crypto exchange claimed that he needed them to "pay his defense", and emphasized that the consequences were serious and "irreparable" without them. FTX customers, on the other hand, "are only the possibility of an economic loss," says the court files of Sbf.
The billionaire Mark Cuban warns of the next crypto implosion by Wash-Trades
Mark Cuban, a Shark tank star and owner of the NBA team Dallas Maverick, has warned that the next crypto implosion could end up with the “discovery and removal of wash trades” on centralized exchanges. The billionaire's comments followed the collapse of the FTX crypto exchange, which destroyed customer funds in billions
Gold price increase 2023 awaited: Experts forecast precious metals at a record level
gold was on the rise in 2023 and in the first week of the new year alone, the precious metal rose by $ 2.36 % compared to the US dollar. Gold has risen by 14.55 % in the last 65 days, while silver has shot by 22.31 % over Greenback since November 3, 2022. Increasing demand that was taken from last year “for gold.
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