Fried potato pancake hanukkah
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400 million to Modulo Capital, an obscure crypto trading firm. One of the founders was once romantically involved with Bankman-Fried, per the New York Times. Another, the Times said, was just two years out of college. Access your favorite topics in a personalized feed while you’re on the go. Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. 400 million by Sam Bankman-Fried had close ties to the FTX founder, according to the New York Times. Modulo Capital was founded in March 2022, before receiving one of Bankman-Fried’s largest investments and drawing the attention of investigators.
400 million was given in the third and fourth quarters of 2022, documents from lawyers handling FTX’s bankruptcy reviewed by Insider show. One of Modulo’s founders, Xiaoyun “Lily” Zhang, used to be romantically involved with Bankman-Fried, according to four people familiar with their relationship who spoke to the Times. Her cofounder, Duncan Rheingans-Yoo, had only graduated from Harvard two years before SBF’s investment, the Times added. Zhang spent a decade at Jane Street, three years of which coincided with SBF’s tenure, while Rheingans-Yoo joined in 2020, per the Times. 30 million penthouse at the resort, but other FTX employees stayed in condos or villas rented by the company.
8 million at the Albany in nine months up to September 2022. Lawyers for FTX’s new leadership are currently searching for assets which could be used to reimburse customers of the bankrupt exchange. Modulo’s founders have not been accused of any wrongdoing, but recently hired a criminal defense lawyer who is a former director of enforcement for the CFTC, the Times reported. Representatives for Modulo and Bankman-Fried did not respond to Insider’s request for comment. Sign up for notifications from Insider! Stay up to date with what you want to know. Man Leah is really fried today.