Sam Bankman-Fried: The person behind FTX’s rise and fall

Just a few years after graduating from school, Sam Bankman-Fried grew frightened he was not taking sufficient dangers. So the son of two Stanford Regulation Faculty professors give up his Wall Road job and in 2017 began a cryptocurrency hedge fund, setting off a sequence of occasions that culminated on Thursday with him being sentenced … Read more

Bankman-Fried gained’t face second trial on remaining prices

Fallen cryptocurrency king Sam Bankman-Fried gained’t face a second trial on further prices after the co-founder of FTX was convicted of a large fraud final month, prosecutors instructed a decide. Additionally learn: Yr-ender 2023: Indian crypto trade adapts amid challenges, eyes future development The federal government instructed US District Decide Lewis Kaplan in a letter … Read more