NEW YORK (AP) — Fallen cryptocurrency mogul Sam Bankman-Fried sentenced to 25 years in prison for massive fraud.

Ordered to forfeit more than $11 billion

Original Thread: https://fb.watch/hzwHhXv9LP/

#SamBankmanFried
#Cryptocurency
#FTXScandal
#FTX
#CarolineEllison
#GaryWang #LockharTVMedia

#nppbusiness

"Discover the intriguing life of FTX founder Sam Bankman-Fried in Michael Lewis' new biography 'Going Infinite.' Uncover strange anecdotes about his personality, political involvement, and a curious incident with a family dog. #SamBankmanFried #FTX #biography"

https://t.co/wQWnw05xUJ

#FTXscandal
#SamBankmanFried
#Cryptocurrency

#nppbusiness

Renowned biographer Michael Lewis shines a light on the scandal surrounding FTX crypto exchange's founder Sam Bankman-Fried. Allegations of mismanagement, diverting funds, and poor governance are addressed in Lewis' upcoming book. #FTX #crypto #scandal

https://t.co/u2G6A0YXZJ

#FTXscandal
#SamBankmanFried
#cryptofraud

#nppbusiness

"Controversy surrounds Barbara Fried, mother of alleged crypto fraudster Sam Bankman-Fried, as FTX debtors file lawsuit alleging her involvement in profiting from illicit activities. Caveat emptor: potential bias detected."

https://t.co/Mr11mJbaQ2

#FTXscandal
#StanfordLaw
#Controversy

Shaquille O' Neal was served his process papers for the ongoing FTX lawsuit on the set of Inside the NBA
— while he was covering an NBA playoff game between the Miami Heat and Boston Celtics

#ShaquilleONeal
#FTXlawsuit
#Cryptocurency
#FTXScandal
#FTX
#LockharTVMedia

#Crypto Lender #Genesis (@gen_capital) Files for Bankruptcy in New York

https://www.financemagnates.com/cryptocurrency/crypto-lender-genesis-files-for-bankruptcy-in-new-york/?utm_source=dlvr.it&utm_medium=mastodon

My take: Contagion from #FTXscandal and market turbulence complicates the nascent #digitalassets market. An inevitable + needed shake-out of weak players IMO.

#DeFi #Web3

From #SupplyChains To #Blockchain, A Tough Road Ahead For CIOs

https://www.forbes.com/sites/dianebrady/2022/12/16/from-supply-chains-to-blockchain-a-tough-road-ahead-for-cios/?sh=102936aa2ed1&utm_source=dlvr.it&utm_medium=mastodon

My take: Difference between #cryptocurrencies + the broad, transformative effect of #blockchain tech was set back by #FTXscandal. But #digitassets here to stay. CIOs must deepen investment.

REUTERS: Hedge funds trading crypto currencies tracked by BarclayHedge ended 2022 down almost 50% - a sign the collapse of the cryptocurrency exchange FTX continues to ripple through the industry - via @reuters

#Crypto #hedge #FTX #FTXSCANDAL

https://www.reuters.com/business/finance/crypto-hedge-funds-ended-2022-down-almost-50-barclayhedge-data-2023-01-17/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Technology-Roundup&utm_term=011723

Le partenariat de FTX avec l'Ukraine est le dernier chapitre en date de la saga des aides occidentales douteuses
(par Kit Klarenberg, une publication The Grayzone, novembre 2022)

#FTX #FTXScandal
#Ukraine #Occident

https://www.endehorsdelaboite.com/fr/articles/le-partenariat-de-ftx-avec-l-ukraine-est-le-dernier-chapitre-en-date-de-la-saga-des-aides-occidentales-douteuses