Crypto Currency and FTX
-
And this begs the question - who paid the USD 250m bail??
Mark – Founder, Phenomlab Ltd
Executive IT & Security Leadership
Phenomlab Ltd -
And this begs the question - who paid the USD 250m bail??
Mark – Founder, Phenomlab Ltd
Executive IT & Security Leadership
Phenomlab Ltd -
-
Can this guy dig himself a bigger hole than he’s already in? This really does beg belief.
TIP: When in a hole, stop digging
-
Another FTX executive Ryan Salame pleads guilty
-
And as if FTX wasn’t enough…
https://news.sky.com/story/binance-faces-4bn-bill-to-settle-us-criminal-case-13013106
Mark – Founder, Phenomlab Ltd
Executive IT & Security Leadership
Phenomlab Ltd -
And as if FTX wasn’t enough…
https://news.sky.com/story/binance-faces-4bn-bill-to-settle-us-criminal-case-13013106
Changpeng Zhao’s shock departure from Binance comes as part of a $4bn (£3.2bn) settlement that has been reached with US regulators.
so, that basically means US prosecutors had evidence for much more laundered money and they are lucky that this was an option for them
they wanted to settle before going through court… -
Changpeng Zhao’s shock departure from Binance comes as part of a $4bn (£3.2bn) settlement that has been reached with US regulators.
so, that basically means US prosecutors had evidence for much more laundered money and they are lucky that this was an option for them
they wanted to settle before going through court…@crazycells yes. I’m guessing the regulators here are the SEC.
-
Now, “SBF” is beginning a lengthy prison sentence of 25 years for what prosecutors have described as “one of the biggest financial frauds in American history”.
25 years for stealing billions of dollars? Seems pretty lenient to me
Clearly, this early estimate was completely wrong
The 30-year-old founder of FTX is being held on criminal charges over an alleged “brazen, multi-year” mass financial fraud, and faces up to 115 years in jail if convicted.
I personally think that 115 years is more appropriate and even that will never compensate those that have lost their life savings because of this man’s greed and narcissism.
-
Something of an update here. Good news that some people will get their hard earned investment back, but certainly not everyone
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login
