The dishevelled former wunderkind fooled Silicon Valley and stole billions from customers, a court found.
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The dishevelled former wunderkind fooled Silicon Valley and stole billions from customers, a court found.
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The judge said Bankman-Fried had lied during his testimony and had shown no remorse for stealing $8 billion from customers of his now-bankrupt FTX cryptocurrency exchange.
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Cryptocurrency tycoon Sam Bankman-Fried may face a jail term of more than a century after conviction on seven counts of fraud and money laundering.
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Mastercard has cuts its ties with the Maps payments app run by British-educated cryptocurrency tycoon Alex Grebnev, who was backed by Sam Bankman-Fried, amid a row over Russian users
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The cryptocurrency lender’s collapse is the latest blow to the sector.
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Twelve others also reported losses in the failed exchange to a City of London Police scam hotline in November.
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More than half of Brisbane company’s digital assets were deposited with Sam Bankman-Fried’s exchange
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While Sam Bankman-Fried has been the public face of FTX, it is an ex-Google software engineer who has the reputation as the brains behind the crypto empire.
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Cryptocurrency exchanges like FTX aren’t safe. Here’s what every crypto investor needs to know.
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FTX's stupendous collapse shines a light on just how symbiotic the entire crypto industry now is with the world of offshore finance, writes Casey Michel.
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Exchange’s local administrators flooded with emails from investors, with claims of up to $1m to date
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After the crypto firm collapsed, the executive who handled the Enron debacle was brought in – and said he’d never seen anything like it
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Smaller investors tell how they found themselves unable to withdraw money as rumours of the exchange’s troubles spread
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As the dust settles from one of the most shocking financial implosions in history, one of the key unknowns is how much customers who can't access their money expect to get back from FTX, the crypto exchange that filed for bankruptcy last week.