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Tech 2 years ago
Sam Bankman-Fried testifies lawyers were involved in key FTX decisions
Bankman-Fried, taking the witness stand hours after the prosecution rested its case presented over 12 trial days, gave testimony that fit with the defense argument that he acted in good faith while running FTX, which collapsed in November 2022 following a wave of customer withdrawals.
Tech 2 years ago
Theft or mistakes? Bankman-Fried jurors hear competing explanations for FTX collapse
Bankman-Fried, 31, has pleaded not guilty to charges he used FTX customer money from the exchange's 2019 launch until its November 2022 bankruptcy in order to prop up his hedge fund, Alameda Research, buy luxury real estate, and donate to US political campaigns and candidates.
Americas 2 years ago
FTX's Bankman-Fried headed for jail over alleged witness tampering
Sam Bankman-Fried is heading to jail after a US judge on Friday revoked his bail, finding probable cause that the indicted founder of the bankrupt FTX cryptocurrency exchange tampered with witnesses at least twice.
Tech 3 years ago
PREMIUM
How ChatGPT proposes turning Rp 100,000 into Rp 1 billion
Asking ChatGPT for investment advice has become a trend lately, with many users assuming perhaps that the bot’s ability to sift through lots of information almost instantaneously makes it perfect for finding the best path through the complex financial jungle.
Tech 3 years ago
PREMIUM
Bitcoin digs in for a bumpy new year
Cryptocurrencies have crept into the new year, licking their wounds after the carnage of 2022. The overall global crypto market cap has risen 5 percent to $871 billion since Jan. 1, but it's still down over 57 percent from this time last year.
