Former FTX CEO Sam Bankman-Fried landed in the United States and resides in Palo-Alto.
and a former’s access to a “borrowing facility” through FTX from 2019 to 2022. The arrangement with FTX permitted Alameda access to an unlimited line of credit without being required to post collateral, having to pay interest on negative balances and being subject to margin calls or FTX.com’s liquidation protocols. Ellison’s statement included allegations that Bankman-Fried and other FTX executives had borrowed funds from Alameda and used FTX funds to repay “loans worth several billion dollars.
Nonfungible token marketplace OpenSea has been banning artists and collectors from Cuba, citing United States sanctions as the key reason behind its action. OpenSea marketplace has mentioned in its terms of service that it explicitly prohibits sanctioned individuals and individuals in sanctioned jurisdictions. The NFT marketplace’s adhesion to United States sanctions was widely known and included countries such as Venezuela, Iran and Syria.
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