BBCNEWS World Business Report June 4, 2024 05:32:00
Billions of dollars of customer assets to plug losses at his own hedge fund alameda, in what they have called "one of the biggest financial frauds in american history." they say former alameda boss caroline ellison and ftx co—founder gary wang have pleaded guilty to charges and are co—operating. sbf, as he's known, says he never intended to commit fraud but has admitted making �*mistakes�*. samira hussain has more. at one point sam bankman—fried because my company was worth $32 billion. seemingly overnight the crypto exchange collapsed and filed for bankruptcy. it also set the tidal ...
Source: archive.org