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Sam Bankman-Fried ‘surprisingly optimistic’ at meeting with sexy crypto influencer Tiffany Fong

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Sam Bankman-Fried ‘surprisingly optimistic’ at meeting with sexy crypto influencer Tiffany Fong

FTX dangerous boy Sam Bankman-Fried’s soft home arrest was brightened up Tuesday by a go to from an attractive single crypto influencer who mentioned he appeared “surprisingly optimistic” forward of his trial on a number of fraud fees, The Publish has realized.

Sources mentioned Tiffany Fong stayed late into the evening throughout her journey to see the accused fraudster — at the moment holed up at his mother and pa’s home in Stanford, Calif. — who has been federally charged in what’s shaping as much as be one of many greatest monetary scandals in historical past.

Fong, 26, who makes a speciality of crypto content material, was the primary individual FTX founder Bankman-Fried opened as much as about his rumored polyamorous intercourse life in a telephone name which was first printed in November.

Tiffany Fong has carefully lined the collapse of each Bankman-Fried’s cryptocurrency alternate FTX and cryptocurrency lending firm Celsius Community.
Tiffany Fong / Instagram
Fong posed for a photo with President Joe Biden at The White House Christmas Party this year.
Fong posed for a photograph with President Joe Biden at The White Home Christmas Social gathering this 12 months.
Tiffany Fong / Instagram

Nevertheless, when contacted by The Publish she mentioned she had met the ankle-monitored former billionaire within the residence’s library and their chat was strictly enterprise.

Fong mentioned Bankman-Fried “appeared much like how he at all times is,” including he “stays surprisingly optimistic, though conscious of [the gravity of his situation],” referring to the jail sentence of as much as 115 years he faces if convicted on all fees.

“He doesn’t appear to wish to speak an excessive amount of about worst case situations,” she added.

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Bankman-Fried was arrested within the Bahamas, the place he had been operating the FTX crypto alternate earlier than its collapse, on Dec. 12. He was the jailed for every week within the nation’s infamous rat-infested Fox Hill jail earlier than agreeing to be extradited again to the US.

Sam Bankman-Fried (FTX) leaves Manhattan Federal Court.
Bankman-Fried has reportedly had many guests whereas underneath home arrest at his dad and mom’ California residence.
Matthew McDermott
The road leading up to Bankman-Fried's parents house has been closed off to the public.
The highway main as much as Bankman-Fried’s dad and mom home has been closed off to the general public.
David G. McIntyre

Fong added they’d “touched upon his time in Fox Hill,” however wouldn’t be drawn on how he’d fared within the jail.

She added: “He undoubtedly expressed remorse and regret a variety of occasions,” throughout their chat, for the purchasers who misplaced thousands and thousands as the results of Bankman-Fried’s alleged monetary misdeeds which led to FTX’s collapse.

“He’s making an attempt to assemble his tackle occasions…. He gave the impression of he was making an attempt to assemble his ideas about what occurred,” Fong added, noting Bankman-Fried was on his laptop as they talked, however was not gaming.

Fong
Fong is a well-liked crypto-influencer.
Tiffany Fong/Instagram

As a part of the phrases of his $250 million bail settlement, Bankman-Fried is allowed on the web however not allowed to make purchases over $1,000 or begin a enterprise. He’s solely allowed to go away the house for train, authorized conferences or court-mandated substance abuse and psychological well being therapy.

In line with sources: “Bankman-Fried’s dad and mom should formally approve any guests beforehand, so that they know what’s happening. It’s their home.”

Fong — who boasts 19,000 YouTube followers and 39,000 Twitter followers — describes her present occupation on LinkedIn as a self-employed “Reluctant Crypto Content material Creator” and mentioned she simply occurred to be in close by San Francisco to spend the vacations along with her sister and her husband when she acquired a message from Bankman-Fried.

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Rapidly rising within the Crypto neighborhood, Fong caught the discover of the Biden administration, who invited her to the White Home Christmas Social gathering, the place she quipped she let Biden “scent my hair,” in an Instagram publish of her smiling beside the president.

In one other Publish from contained in the White Home, she joked: “whats up @potus, i’ve some questions on your son’s laptop computer.”

She has carefully adopted FTX’s implosion and Bankman-Fried’s authorized troubles on her Youtube channel, which she claims she began to “vent” about cryptocurrency.

In her first video, posted in June, Fong defined how she misplaced $200,000 within the collapse of the US Crypto lender Celsius Community, which filed for chapter in New York in July.

Fong additionally carefully lined the fallout from Celsius Community and its embattled founder and former CEO Alex Machinsky on her channel.

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Fong
Fong mentioned she misplaced $200,000 because of the collapse of the Celsius crypto community

Bankman-Fried’s interview schedule hasn’t slowed down regardless of being positioned underneath home arrest at his Stanford regulation professor dad and mom’ $4m home – which they needed to put up as collateral to satisfy his bail necessities.

On Friday, he was visited for a number of hours by bestselling creator Michael Lewis, as he seems to be turning the collapse of his crypto empire right into a blockbuster.

Sources advised The Publish on Tuesday “Moneyball” and “The Large Quick” author met with Bankman-Fried simply hours after he landed in California — presumably to speak about how a 30-year-old went from a billionaire CEO to going through as much as life in jail in a matter of weeks.

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ASX admits first spot Bitcoin ETF

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ASX admits first spot Bitcoin ETF

ASX today announces the admission of its first spot Bitcoin exchange-traded fund (ETF), marking a significant milestone in the Australian financial market and cryptocurrency industry.

The admission of the VanEck Bitcoin ETF (ASX:VBTC) comes as crypto assets, such as Bitcoin and Ether, increasingly move into the investment mainstream, supported by increased regulatory guidance around the product category and growing consumer demand.

Andrew Campion, GM of Investment Products & Strategy said:

“While it has been possible to trade Bitcoin via crypto exchanges, trading units with exposure to Bitcoin via an ETF on an exchange like ASX means you’re able to buy and sell those units through a traditional brokerage account, simplifying the process and opening the opportunity to more Australians.”

VBTC will be backed by a Bitcoin holding via a US domiciled master fund, ensuring that each unit of the ETF corresponds to a specific amount of Bitcoin. This structure aims to give investors exposure to the price of Bitcoin, providing investors with a robust and transparent reflection of the crypto asset’s value.

“As the demand for digital assets continues to grow, we are proud to offer a regulated avenue for Australian investors to access the crypto asset market,” Mr Campion said.

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Kraken Calls Security Research Firm’s Demands ‘Criminal’; Certik Slams Threats Against Its Employees – Security Bitcoin News

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Kraken Calls Security Research Firm’s Demands ‘Criminal’; Certik Slams Threats Against Its Employees – Security Bitcoin News
Kraken has accused an unnamed security research firm of stealing $3 million from its treasury and attempting to extort more money. Nick Percoco said so-called white hat hackers failed to fully disclose the bug transaction details and have not made arrangements to return the stolen funds. White Hat Hackers Refuse to Abide by Rules The […]
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Analyst Forecasts Bright Future for Solana and Render in Cryptocurrency Market

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Analyst Forecasts Bright Future for Solana and Render in Cryptocurrency Market

An experienced analyst has shared optimistic insights with their substantial following, highlighting the potential growth of Solana (SOL) and Render (RNDR) in the volatile world of cryptocurrencies.

The analyst, known as Capo, has expressed confidence in the upward trajectory of Solana and RNDR, emphasizing potential opportunities for long-term investments. Solana is currently priced at $133, reflecting a minor drop of around 7% over the last 24 hours, while RNDR is trading at $7.17, showing a decrease of 10% in the same period.

Capo’s analysis extends beyond individual assets, as they closely monitor the performance of the broader crypto market through the OTHERS chart. With a market cap of $219.25 billion and fluctuations of over 7% within a day, alternative coins are poised for potential movements.

In a bold prediction, Capo suggests that Ethereum against Bitcoin (ETH/BTC) could experience a significant breakout, hinting at a possible rise to 0.065 BTC ($4,196). Currently trading at 0.0532 BTC ($3,442), ETH/BTC has shown slight gains in the past 24 hours.

Furthermore, the analyst anticipates a turning point for the crypto market, envisioning a forthcoming breakout. Despite the challenges faced by altcoins, Capo remains optimistic about a resurgence, underlining a bullish sentiment amidst prevailing market conditions.

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As the cryptocurrency landscape continues to evolve, investors are advised to stay informed to navigate the dynamic market trends effectively. Stay tuned for further updates on the exciting developments in the crypto sphere.

Additional Relevant Facts:
– Solana (SOL) is known for its high-performance blockchain that aims to provide fast and low-cost transactions, making it attractive for decentralized applications (dApps) and DeFi projects.
– Render (RNDR) focuses on providing decentralized GPU rendering services, catering to the needs of industries such as animation, visual effects, and cloud computing.
– The cryptocurrency market is renowned for its volatility, with prices capable of experiencing significant fluctuations within short periods, presenting both opportunities and risks for investors.

Key Questions:
1. What are the fundamental factors driving the growth potential of Solana and Render in the cryptocurrency market?
2. How do analyst forecasts influence investor sentiment and decisions in the crypto space?
3. What are the challenges associated with investing in volatile assets like cryptocurrencies, and how can investors mitigate risks effectively?

Advantages and Disadvantages:
Advantages:
– Potential for high returns: Cryptocurrencies like Solana and Render have shown rapid price appreciation, offering the possibility of substantial profits for early investors.
– Innovation opportunities: Projects like Solana and Render present innovative solutions in blockchain and GPU rendering technologies, attracting interest from tech enthusiasts and industry professionals.
Disadvantages:
– Volatility risks: The cryptocurrency market’s inherent volatility can lead to sudden and sharp price swings, potentially resulting in significant losses for investors.
– Regulatory uncertainties: Regulatory changes and crackdowns on cryptocurrencies in various jurisdictions can impact the market sentiment and the viability of certain projects.

Suggested Related Links:
– CoinDesk
– Cointelegraph
– Crypto section on Bloomberg

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