FTX Customers Poised to Recover All Funds Lost in Collapse
Bankruptcy lawyers for FTX said customers of the cryptocurrency exchange were set to get all their money back, plus interest.
Bankruptcy lawyers for FTX said customers of the cryptocurrency exchange were set to get all their money back, plus interest.
Since pleading guilty to violating money-laundering rules, Changpeng Zhao, who ran the giant crypto exchange Binance, has networked across the United States to set up his next act.
Bitcoin aficionados are hoping that a scheduled reduction in the number of new coins going into circulation will cause the price of the cryptocurrency to skyrocket.
Tigran Gambaryan, an American compliance official for the giant cryptocurrency exchange Binance, flew to Nigeria in February for a planned two-day business trip. He hasn’t returned.
Mr. Bankman-Fried, who was convicted of stealing $8 billion from customers of his FTX cryptocurrency exchange, faced a maximum sentence of 110 years.
Here’s how the former crypto mogul’s 25-year sentence stacks up against the prosecutions of Michael Milken, Bernie Madoff and others.
Two years after the cryptocurrency market crashed, internet cafes for playing crypto-earning video games are opening and farmers have started harvesting virtual crops from the games for income.
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