Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges. The 30-year-old was extradited on suspicion of committing “one of the biggest financial frauds in US history”, US authorities have said. LOOKING FOR A STUNNING VIDEO EDITING SOFTWARE? CHECK OUT THIS Mr Bankman-Fried, …
FTX boss Sam Bankman-Fried arrives in US to face charges Read More »
The Bahamas police have arrested Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, the country’s attorney general has said. He will appear in a magistrates court in The Bahamas on Tuesday, authorities in the Caribbean country said. Police said Mr Bankman-Fried was arrested for “Financial Offences” against laws in the US and The Bahamas. …
FTX founder Sam Bankman-Fried arrested in Bahamas Read More »
It took fewer than eight days for Sam Bankman-Fried to go from being nicknamed the “King Of Crypto” to his company filing for bankruptcy and him stepping down as chief executive, facing federal investigations into how he handled the company’s finances. LEARN PROFESSIONAL COURSES FOR FREE AND GET CERTIFIED WITHIN 48HRS Over the last few …
The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried Read More »
The stock market can be a confusing place for the uninitiated. Financial news is often saturated with bemusing buzzwords; tales from the trading floor of treasury stock, stated value, and retained earnings often mean nothing to the average investor. But for those looking to trade stocks, understanding and applying such concepts is key to navigating …
Stock Market Basics: A Beginner’s Guide to Trading Stocks Read More »
Better regulations are needed to protect the financial system after the collapse of the FTX cryptocurrency exchange, a senior Bank of England official has said. Digital currencies are still too small to pose a threat but that will soon change, said Sir Jon Cunliffe. FTX filed for bankruptcy last week and owes its largest creditors almost …
FTX: Tougher crypto rules needed after collapse, says Bank of England. Read More »
