FTX investors can now expect to get their funds back.
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If FTX reimburses investors who lost their assets when the crypto exchange collapsed, it may offer the chance of a new start for the sector.
Fraud can happen to anyone.
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Recent studies have shown fraud is an even bigger problem than people realise.
Sam Bankman-Fried got 25 years for his role in overseeing a multibillion-dollar crypto fraud.
AP Photo/Seth Wenig
The downfall of the onetime multibillionaire holds lessons for investors and regulators alike.
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Cryptocurrency tycoon Sam Bankman-Fried may face a jail term of more than a century after conviction on seven counts of fraud and money laundering.
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Michael Lewis’s new book tells the remarkable story of the rise and fall of a very contemporary tycoon.
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New Zealand’s central bank is taking a long, hard look at cryptocurrencies and the role they will play in future business. Here’s what businesses had to say about our digital future.
A halfpenny token issued by the Parys Mining Company of Anglesey in 1788. The hooded druid design was used for many years and was the first of hundreds of token designs.
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A Welsh mining company was the first to issue tokens to workers as an alternative form of payment.
Elizabeth Holmes is appealing her 11-year jail sentence for fraud.
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We can all learn from high-profile frauds that have reeled in experts and celebrities alike, such as FTX and Theranos.
Tech billionaire Dustin Mosovitz is one of the world’s wealthiest effective altruists.
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The term, coined in 2011, refers to people who seek to use their money and time to make as much progress as possible toward solving the world’s most pressing problems.
A worker from Hope House, an organization that sponsors the use of cryptocurrencies on El Zonte beach, makes a purchase at a small shop that accepts bitcoins, in Tamanique, El Salvador, June 9, 2021.
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An expert in the field of cryptocurrencies answers the question: Is crypto really here to stay or is it just a fad?
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It may not be possible to avert a a cryptocurrency crisis, but it can be contained.
Sam Bankman-Fried, once considered a star in the freewheeling world of cryptocurrency, has been charged with conspiracy, fraud and money laundering.
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In the Charitable Corporation Scandal, a group of politically connected directors leveraged the company’s altruistic image to attract investors – before raiding the funds to prop up other ventures.
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The licence didn’t extend to trading in cryptocurrenices, and had been granted to a firm FTX took over, rather than FTX itself.
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Cryptocurrency exchanges like FTX aren’t safe. Here’s what every crypto investor needs to know.
Los Angeles’ Crypto.com Arena – home to the LA Lakers basketball team – was known as Staples Center when sponsored by the US office supplies retailer.
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Cryptocurrency customers and sports fans have crossover demographics, but an advertising splurge could distract from solving deeper problems.
Given the complexity of polycules, it’s important for participants to be on the same page.
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FTX founder Sam Bankman-Fried, his on-and-off girlfriend, Caroline Ellison, and others involved in the company were reportedly in a polycule together.
The cryptocurrency exchange FTX fell from a multibillion-dollar company to bankruptcy in less than a week.
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Even though some traditional financial firms parked millions in the bankrupt company – once valued at $30 billion – the impact of FTX’s spectacular crash is limited to crypto investors
FTX founder Sam Bankman-Fried has lost the fortune he aimed to give away.
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The founder of the now-defunct exchange for trading cryptocurrencies believed in ‘earning to give.’
Crypto trader.
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The rise of decentralised exchanges and growing regulatory pressure could strengthen crypto.
Former FTX billionaire Sam Bankman-Fried.
Dan Matt
Stand by for more drama in the days ahead.