Bankman-Fried (pictured) was found guilty on seven counts of fraud and money laundering after he conned some £8bn from users of his crypto exchange FTX.
Bankman-Fried (pictured) was found guilty on seven counts of fraud and money laundering after he conned some £8bn from users of his crypto exchange FTX.
(Bloomberg) A year ago the crypto market was on its knees and the notion that Bitcoin might retest a record high of nearly $69,000 was almost risible. Fast forward 12 months and some studies now point to just that possibility.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InRecord US Stock Rally Is Under Threat From a World i
Bitcoin’s price has tripled since the start of 2023 amid optimism over dedicated US exchange-traded funds as well as a looming reduction in the token’s supply growth known as the halving.