For the vast majority of the world’s wealthiest people, 2022 was a year to forget.
Browsing: Sam Bankman-Fried
FTX customers have filed a class-action lawsuit against the failed crypto exchange and its former top executives.
Caroline Ellison and Gary Wang pleaded guilty to defrauding investors in the crypto trading platform.
Now that Sam Bankman-Fried’s fall from grace is complete, uneasiness is growing around the dominance that his rival holds in the cryptocurrency market.
A judge denied FTX founder Sam Bankman-Fried bail on Tuesday, hours after US prosecutors accused him of misappropriating billions of dollars.
FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of US prosecutors on Monday
Cryptocurrency broker Genesis and its parent DCG owe customers of crypto exchange Gemini $900-million, the FT reported.
This year’s crypto rout has sliced almost 70% off a gauge of the top 100 digital assets.
Crypto brokerage Genesis has warned of the risk of bankruptcy amid contagion from the rapid demise of FTX.
The collapse of FTX contains lessons for all of crypto, according to ethereum co-founder Vitalik Buterin.