A profile of Tether Chief Investment Officer Richard Heathcote, who manages a $150B asset portfolio and has helped deepen Tether's ties with Cantor Fitzgerald
the “41-year-old Brit based in the Bahamas who oversees an almost $150 billion portfolio of assets as chief investment officer” via @RyanJamesWeeks https://www.bloomberg.com/...
A Florida court filing accuses the Bahamas-based Deltec Bank of giving Alameda Research a short-term line of credit worth billions of dollars to buy Tether
Zeke Faux / Bloomberg :
A Florida court filing accuses the Bahamas-based Deltec Bank of giving Alameda Research a short-term line of credit worth billions of dollars to buy Tether
- Deltec is alleged to have provided a short-term line of credit — Court documents suggest a tighter web than previously known
FTX co-founder Gary Wang testifies that Alameda Research had “special privileges” that afforded a $65B line of credit, of which the firm ultimately withdrew $8B
and then lied about it Owotunse Adebayo / Cryptopolitan : FTX co-founder makes shocking revelation at SBF's trial New York Times : New Details About FTX Emerge as Bankman-Fried's Trial Begins Chimaman...
Filing: FTX's estate has now marshalled ~$7B in assets, including $1.5B in cash, $1.16B in solana, $560M in bitcoin, and $200M in properties in the Bahamas
The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year. — Register Now
An excerpt from the book Number Go Up details an April 2022 FTX conference in the Bahamas, where writer Michael Lewis lavished Sam Bankman-Fried with praise
Three years ago, nobody knew who you were. And now you're sitting on the cover of magazines. And you're a gazillionaire.
Sources: Tether added Britannia Bank & Trust, a privately held bank operating in the Bahamas, to process dollar transfers, as US banks cut crypto ties
Bloomberg :
The US DOJ informed a federal judge that Sam Bankman-Fried won't face the campaign finance charge, which wasn't part of an extradition document with The Bahamas
The Justice Department said late Wednesday that the campaign finance charge was not included in an extradition document with The Bahamas …
A US judge rejects a request to relinquish control over $7.3B in disputed FTX assets; liquidators in the Bahamas argued a local judge should oversee the process
Liquidators had argued the assets should be overseen by a court in the Bahamas during a bankruptcy hearing for the exchange on Thursday.
In its superseding indictment, the US charges that SBF and two unnamed FTX executives made 300+ “unlawful” political donations, including using customers' funds
The Bahamas won't like that. https://twitter.com/... Kenneth P. Vogel / @kenvogel : NEW: SBF “selected CC-1” to give a straw donation of “at least $1M to a super PAC” that was “affiliated with pro-LGB...