CJ - Crypto Speculator
Ellison, the ex-girlfriend of FTX founder Sam Bankman-Fried, has been named CEO of cryptocurrency trading firm Alameda Research. The purported cryptocurrency exchange CEO in the latest FTX scandal blamed his ex-partner for all the bad things that had happened to both of his businesses.
However, according to sources, Ellison said in a post from March that she "didn't come into this as a crypto true believer. When it comes down to it, it's largely scams and memes”. Recent disclosures about them have gone viral on social media and negatively portray the fraudulent owner, including herself.
In addition, ongoing investigations and records available for examination have shown that Sam Bankman-Fried and Ellison shared a lavish home in the Bahamas. The papers also disclosed that the couple shared a home with eight other people who were all employed by their own businesses.
As a result, FTX's corporate funds from crypto assets were utilized to buy homes in the Bahamas and other personal property. SBF said he regretted his choice less than a week after the now-infamous Bitcoin exchange declared bankruptcy.
Details on the Bahama home were disclosed in a document John Ray III, the current CEO of FTX, filed with the United States Bankruptcy Court for the District of Delaware. According to Ray, the FTX group's corporate assets were utilized in the Bahamas to buy residences and other personal things for workers and advisers.
Ellison and SBF were two of the ten sexually connected roommates that oversaw FTX and Alameda Research's activities from a lavish Bahamas apartment.
The group was made up of individuals who "are, or were, in close relationships with one other," according to sources, including Jane Street, a quantitative trading firm, and former MIT classmates. Additionally, Bankman-Fried and Ellison have occasionally dated while running their cryptocurrency investment business.
Bankman-Fried declined to comment further on the matter following the backlash but told the New York Times that he and Ellison were no longer romantically involved.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards