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Disgraced former FTX CEO Sam Bankman-Fried sentenced to 25 years for financial fraud, must forfeit $11 billion for victims
https://abcnews.go.com/US/sam-bankman-fried-sentenced-thursday-financial-fraud/story?id=108554809 $FTX $BTC
FTX founder Sam Bankman-Fried found guilty of fraud
FTX's $3 Billion Crypto Sale: Navigating the Solana Challenge
FTX has been cleared to sell over $3 billion of crypto to reimburse users of the collapsed digital-asset exchange, including its significant holding of Solana, which was valued at $1.16 billion as of August 31. CoinMarketCap data shows the entire market value of Solana was around $8.51 billion at the time. Solana's price has been volatile recently.
$FTX, has been granted court approval to sell $3.4 billion in crypto assets during bankruptcy proceedings, with Galaxy Digital as the investment manager.
REUTERS: US SEC warns investors about risks of purchasing crypto asset securities
https://www.reuters.com/business/finance/us-sec-warns-investors-about-risks-purchasing-crypto-asset-securities-2023-03-23/#:~:text=US%20SEC%20warns%20investors%20about%20risks%20of%20purchasing%20crypto%20asset%20securities,-Reuters&text=March%2023%20(Reuters)%20%2D%20The,be%20complying%20with%20U.S.%20laws.
Very interesting, thanks for sharing.
Are they going to throw a couple non-crypto banks under the bus, to serve as cover?
Maybe their plan got out of hand, and spread a run to non- crypto banks?
Lots to ponder here..
One things for sure, The war of the wealth is forever.
Will $FRC be collateral damage? Or, will some "manufactured miracle" save it?
With this being one of the largest financial scandals in history, and FTX also being the 2nd largest donor to the Democrat party, why won't Democrats return the money to the people? The very people they claim to protect, and they don't want to return their money?
Instead, the Democrats want to keep the fraudulent money stolen from the people.
Mind blowing greed, and blatant insane power hunger.
We sure elect some disgusting people to "look out" for us...
Its being said that this is the biggest financial scandal to hit in U.S. History…I say the second…the first is the IRS!
I hope daily anal rap with a hot poker is the punishment…lol people like this and Do Kwon Sickens me
Wow I didn't know he got arrested!
FTX founder Sam Bankman-Fried arrested in the Bahamas
Pure junk. Always was and always will be. Guy that doesn’t comb his hair and puts his idiot girlfriend in key role. Idiot!!
Wasn’t it always junk?
LATEST UPDATE: ASSET$ FROZEN
FTX Alameda Research website now OFFLINE https://www.alameda-research.com/
Binance backs out of FTX.com acquisition
4.44 wow this video reveal even more dirt
WOW NO WONDER FTX FTTUSD COLLAPSED IS COLLAPSING
FTX implosion has U.S. regulators on watch
https://www.theblock.co/post/184354/ftx-implosion-has-u-s-regulators-on-watch?utm_source=twitter&utm_medium=social
FTX Collapsed…Here’s Why
" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=
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