Judge suggests jail to limit FTX founder’s communications
‘There is a solution, but it’s not one anybody’s proposed yet,’ Kaplan said as Bankman-Fried sat passively at the defense table
‘There is a solution, but it’s not one anybody’s proposed yet,’ Kaplan said as Bankman-Fried sat passively at the defense table
The industry has been humbled by a massive downturn in cryptocurrency prices, as well as the bankruptcy of several well-known companies
Prosecutors can use any statements, tweets or other communications against him at his trial, which is scheduled for October
The crypto exchange is also authorized to permanently keep secret the addresses and email addresses of individual creditors and equity holders
Anatoly Legkodymov, who lives in China, was arrested Tuesday night in Miami
Following the bankruptcy of the digital currency trading platform, economists and politicians are warning that the financial system could buckle if crypto assets are not immediately regulated
Before his arrest, the FTX founder was living a life of excess with his polyamorous friends in the Bahamas – all at the expense of the money of his defrauded clients and investors
Investors, lenders, customers and even oversight bodies failed to detect the failures behind FTX, the digital currency trading platform that was run with an accounting program for SMEs
According to an indictment unsealed on Tuesday, the former head of the bankrupt cryptocurrency exchange is facing eight counts, including wire fraud
Across the world, over a million people have been impacted by the bankruptcy of the main exchange platform that facilitated trading
The founder of the FTX platform watched his entire fortune evaporate in a matter of days