Sam Bankman-Fried, clean-shaven in a blue suit and dressed in a white shirt, listened to his lawyer pleads not guilty to the alleged “epic” fraud in New York.
Sam Bankman-Fried, clean-shaven in a blue suit and dressed in a white shirt, listened to his lawyer pleads not guilty to the alleged “epic” fraud in New York.
The company said that it will lay off approximately 20% of its employees at the crypto exchange Huobi. This is the latest indication of drastic cost-cutting in the sector as
Silvergate, a crypto-focused bank, is set to reduce 40% of its staff in response to the crisis in digital asset sectors sparked by Sam Bankman-Fried’s collapse.
According to reports, Daniel Friedberg, FTX’s former top attorney, has cooperated with US prosecutors in their investigation into the collapse of the crypto firms.
Sorry if you purchased one in 2022. However, I personally was happy when the NFTs market plummeted by 99pc.
According to a source familiar, Fallen crypto billionaire Sam Bankman Fried is expected to plead not guilty Tuesday to criminal charges that he cheated investors at his now-bankrupt FTX currency
Sam Bankman Fried’s ex-girlfriend, and one of his closest friends, pleaded guilty to fraud and have cooperated with US authorities investigating the collapse of FTX.
Criminal charges brought against the former boss of a failed cryptocurrency exchange
According to the Bahamas attorney general, Sam Bankman-Fried, former chief executive of FTX, was arrested.
The US government has requested an independent investigation into FTX’s bankruptcy to investigate fraud, dishonesty, and incompetence claims at the failing cryptocurrency exchange.
In the aftermath of the collapse in FTX, crypto lenders were dealt another blow by Bitcoin miners.