In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in gifts to Stanford traces back to the FTX empire. FTX’s Pandemic Protection Push Pauses: Stanford Announces Donation Reversal…
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The university said it intends to return the “entirety” of funds received from former cryptocurrency exchange FTX, which it claims were mainly for pandemic-related prevention and research. The California-based Stanford University said it plans to return all funds it received from the now-defunct cryptocurrency exchange FTX, according to a report from Bloomberg. Stanford received a…
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According to the allegations, Sam Bankman-Fried’s father, Joseph Bankman, was a “de facto officer” at FTX Group. Debtors of the bankrupt cryptocurrency exchange FTX have launched legal action against the parents of FTX founder Sam “SBF” Bankman-Fried, alleging that they misappropriated millions of dollars through their involvement in the exchange’s business. The counsel for FTX…
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Sam Bankman-Fried (SBF), a once towering figure in the crypto world and former FTX CEO, was curiously slated to share his insights on tech ethics with Stanford students this winter. In a thorough examination penned by Theo Baker for the Stanford Daily, the details of SBF’s multifaceted relationship with one of the globe’s most respected…
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Web3 companies continue to hire amidst a bull market as tech giants undergo layoffs and hiring freezes. As inflation continues to grow, coupled with a looming recession, many tech firms are having to cut portions of their staff. To put this in perspective, data from Layoffs.fyi found that over 700 tech startups have experienced layoffs…
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Universities implement physical and virtual research hubs dedicated to advancing blockchain technology through scientific and educational knowledge. The demand for organizations to adopt blockchain technology is growing rapidly. Recent findings from market research and advisory firm Custom Market Insights found that the global blockchain technology market size was valued at $4.8 billion in 2021, yet…
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Universities have been helping with blockchain-related research for quite some time and, now, some world-class universities have added the technology to their curriculum. The world of digital assets saw a significant rise last year. The total cryptocurrency market cap reached $3 trillion, making more people, governments and universities take a closer look at the asset…
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Post-secondary institutions appear to be flocking the Uniswap exchange. A Stanford student group just confirmed it has become a Uniswap delegate with more than 2.5 million votes. Stanford Blockchain Club has become one of the largest delegates for the exchange Uniswap, overtaking a student group at rival California university UC Berkeley. The student-run blockchain club…
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Blockchain startup Alchemy gathers funding from several large investors, including Stanford and Charles Schwab. Blockchain infrastructure startup Alchemy has garnered investments from multiple notable mainstream entities, including Stanford University, as well as leaders from other top businesses. Alchemy, a startup focused on providing blockchain infrastructure, as well as other tools for developers, has amassed $15…
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Stanford Alumni Revealed as Co-Signers of FTX Co-Founder’s $250M Bond
According to the latest court documents in the fraud case involving former FTX CEO Sam Bankman-Fried in Manhattan, the New York judge presiding over the case unsealed the co-signers of Bankman-Fried’s bond on Wednesday. The names of the two bail bond co-signers that were previously redacted from court documents are Stanford University alumni Larry Kramer…
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