Observers might be wondering what the famously probabilistic Sam Bankman-Fried thinks about his chances now. In day two of the quant-minded and alleged crypto criminal’s trial, the U.S. prosecutor Nathan Rehn accused him of “committing a massive fraud” and “taking billions of dollars from thousands of victims”...
FTX founder Sam Bankman-Fried will return to America Wednesday (Dec. 21) under FBI escort. And upon doing so, the disgraced cryptocurrency wunderkind could be granted bail, assuming negotiations between his lawyers and federal prosecutors work out. That’s according to a New York Times report, citing...
October 24, 2023
Crypto lender BlockFi has announced that it will wind down its operations and begin returning crypto assets to customers. BlockFi has emerged from bankruptcy and will now focus on returning assets to its customers, Reuters reported on Tuesday (Oct. 24). This decision comes 11 months after the company faced difficulties due to the collapse of FTX, a major player […]
December 21, 2022
FTX founder Sam Bankman-Fried will return to America Wednesday (Dec. 21) under FBI escort. And upon doing so, the disgraced cryptocurrency wunderkind could be granted bail, assuming negotiations between his...
