“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics employed by Mr. Bankman-Fried and other FTX executives […]
As part of the transaction, which took place around 08:38 UTC, a wallet that received 3,500 bitcoin forwarded 300 BTC to another destination. That was split further and landed in several wallets not attributed to […]
Sam Bankman-Fried’s collapsed crypto enterprise, under new leadership, has kicked off insolvency proceedings in the U.S. Bankruptcy Court for the District of Delaware. Shortly after the company filed for chapter 11 bankruptcy on Nov. 11, […]
by IndustryTrends November 25, 2022 The first connection between the existing banking system and the growing world of digital currencies is made by decentralized finance (DeFi) coins. Users can obtain conventional banking services from DeFi […]
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