BBCNEWS World July 2, 2024
"one of the biggest financial frauds in american history" — thats how a new york prosecutor described the actions of sam bankman—fried, the former cryptocurrency boss, who, in the last few hours, has been convicted of defrauding investors. as youve been hearing, mr bankman—fried was arrested a year ago, when his cryptocurrency exchange, ftx, and his investment fund, alameda research, went bankrupt. prosecutors said he had used money stolen from ftx customers to prop up alameda an...
Source: archive.org