How Sam Bankman-Fried swindled $8 billion in customer money, according to federal prosecutors

Bankman-Fried’s swift fall from hero to villain of the crypto sector exposed a years-long fraud that traced back to FTX’s launch in 2019, according to authorities.

Source：https://www.cnbc.com/2022/12/18/how-sam-bankman-fried-ran-8-billion-fraud-government-prosecutors.html

How Sam Bankman-Fried swindled $8 billion in customer money, according to federal prosecutors

2022 was a no good very bad year for the stock market. Will 2023 be any better?

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How Sam Bankman-Fried swindled $8 billion in customer money, according to federal prosecutors

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2022 was a no good very bad year for the stock market. Will 2023 be any better?

The EU just reached a deal to overhaul its carbon market to hit its 2030 climate goal—despite an ongoing energy crisis

Related Posts

Why was Ryan Salame given a sentence longer than prosecutors recommended?

‘Fly high, Bette’: This 88-year-old started her flight attendant career in 1957 and never officially retired

Melinda French Gates is going her own way. Donating $1 billion to women’s rights after leaving the foundation she created with her ex-husband

Country club seeks higher price in sale of 2,000-year-old sacred ceremonial grounds

Hess shareholders to vote on Chevron deal as dispute with Exxon over Guyana assets creates uncertainty

Amazon, Walmart, and Target finally realize their colossal pricing mistake—now they’re slashing costs to win back customers

The EU just reached a deal to overhaul its carbon market to hit its 2030 climate goal—despite an ongoing energy crisis

Browse by Category

Subscribe to Blog via Email

Welcome Back!

Retrieve your password

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