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Keyword: kives

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  • FTX sues former Hillary Clinton aide over $700 million in ‘misappropriated funds’

    06/25/2023 1:35:48 PM PDT · by Libloather · 22 replies
    NY Post ^ | 6/23/23 | Ariel Zilber
    FTX is seeking to claw back some $700 million from a former aide to Hillary Clinton-turned Hollywood super agent who was allegedly showered with cash by disgraced fallen crypto mogul Sam Bankman-Fried. The bankrupt cryptocurrency exchange took legal action on Thursday against Michael Kives, who was an assistant to then-Sen. Hillary Clinton (D-N.Y.), and his company, K5 Global, and firm co-founder Bryan Baum. According to court papers filed in bankruptcy court in Delaware, Bankman-Fried authorized the transfer of $700 million to K5 entities in 2022, and he leaned on K5’s celebrity and business connections in his effort to obtain rescue...