An up-to-the-minute news coverage curated by Newswella News from all over the world.
An up-to-the-minute news coverage curated by Newswella News from all over the world.
Sam Bankman-Fried has been found guilty of defrauding customers of his cryptocurrency exchange out of billions of dollars. The 31-year-old could be sentenced to more than 100 years in prison after stealing money from clients of FTX. A Manhattan jury convicted him on all seven counts after a month-long trial. FTX collapsed last November, shocking …
Sam Bankman-Fried The founder of FTX was convicted of all seven charges of wire fraud and conspiracy to launder money in the collapse of his crypto exchange Sam Bankman-Fried, the founder of now-bankrupt crypto exchange FTX, was found guilty on all counts of defrauding his customers on Thursday in Manhattan federal court. The one-time mogul …
Friday 3 November 2023 00:42, UK Sam Bankman-Fried has been found guilty of defrauding customers of his bankrupt cryptocurrency exchange in one of the biggest frauds ever. The 31-year-old could be sentenced to more than 100 years in prison after cheating FTX clients out of billions of dollars. A Manhattan jury convicted him on all …