Balita
Halos dalawang taon matapos hatulan si Sam Bankman-Fried ng 25 taon na pagkakakulong dahil sa kanyang papel sa pagbagsak ng crypto exchange na FTX, babalik sa korte ang mga abogado ng dating CEO.
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Sam “SBF” Bankman-Fried founded FTX in 2019, quickly establishing it as a major player in the cryptocurrency exchange market. His empire spanned trading, venture capital and esports sponsorship.
Despite early success, allegations of financial mismanagement emerged concerning the misuse of billions of dollars in customer funds.
In November 2022, FTX crashed due to a liquidity crisis, financial mismanagement and mass withdrawal of funds by rattled investors. On Nov. 11, 2022, FTX filed for Chapter 11 bankruptcy, with Bankman-Fried sentenced to 25 years in prison in March 2024.