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SBF denied bail, and U.S. senators take aim at FTX and crypto industry: CNBC Crypto World

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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Kraken's incoming CEO Dave Ripley reacts to the implosion of FTX and discusses what he believes is in store for the future of the industry.

 

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Do people really give their hard earned money to these WS criminals? For what? The markets have basically turned into a computerized organized crime ring, high speed casino, not just crypto

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FTX founder charged in scheme to defraud crypto investorsThe U.S. government charged Samuel Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes on Tuesday, alleging he intentionally deceived customers and investors to enrich himself and others, while playing a central role in the company’s multibillion-dollar collapse.
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