FTX and Canadian crypto FOMO

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The Globe and Mail’s technology reporter, Temur Durrani, explains the Canadian connections to the now-collapsed cryptocurrency exchange and why so many got caught up in the craze

on Monday. U.S. prosecutors charged Bankman-Fried with eight counts of fraud and conspiracy. He’s now in a Bahamian prison and could be extradited to the U.S. The company was founded in 2019 and went from being worth US$32-billion to bankrupt in mid-November.

 

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