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Tag: ftx collapse

Onetime crypto mogul Bankman-Fried gets 25 years for FTX fraud
Business

Onetime crypto mogul Bankman-Fried gets 25 years for FTX fraud

March 28, 2024

Sam Bankman-Fried, a fallen crypto mogul, was handed a 25-year jail time period on Thursday for orchestrating a large fraud affecting tons of of 1000’s

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Former FTX CEO apologizes, says didn’t ‘try to commit fraud’
Technology

Former FTX CEO apologizes, says didn’t ‘try to commit fraud’

December 26, 2022

Sam Bankman-Fried, former chief government of collapsed cryptocurrency alternate FTX, apologized Wednesday in an interview for a “lot of mistakes” simply after the abrupt crash

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Former FTX CEO Bankman-Fried arrested in Bahamas
Technology

Former FTX CEO Bankman-Fried arrested in Bahamas

December 25, 2022

Sam Bankman-Fried, founder and former CEO of the cryptocurrency trade FTX, was arrested within the Bahamas on Monday on the request of the United States.

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Crypto uncertainty remains as Binance withdrawals hit .9B, data says
Technology

Crypto uncertainty remains as Binance withdrawals hit $1.9B, data says

December 25, 2022December 25, 2022

Binance, the world’s greatest crypto trade, has registered $1.9 billion of withdrawals previously 24 hours, blockchain knowledge agency Nansen stated on Tuesday, because the cryptocurrency

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Goldman Sachs intends to invest in crypto firms following FTX fiasco
Business

Goldman Sachs intends to invest in crypto firms following FTX fiasco

December 24, 2022December 24, 2022

Goldman Sachs, one of many largest funding banks on the planet, plans to spend tens of hundreds of thousands of {dollars} to purchase or put

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FTX’s Bankman-Fried released on 0M bond after ‘epic’ fraud charge
Technology

FTX’s Bankman-Fried released on $250M bond after ‘epic’ fraud charge

December 23, 2022December 23, 2022

Sam Bankman-Fried was launched on a $250 million bond bundle on Thursday whereas he awaits trial over the collapse of the FTX crypto trade, which

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Bankman-Fried in US custody as FTX associates plead guilty to fraud
Technology

Bankman-Fried in US custody as FTX associates plead guilty to fraud

December 22, 2022December 22, 2022

U.S. legislation enforcement officers on Wednesday took custody of Sam Bankman-Fried and had been flying him from the Bahamas to New York, the place prosecutors

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