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FTX Investors Settle With Sam Bankman-Fried to Pursue Promoters

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A group of FTX investors and customers has agreed to drop their claims against co-founder Sam Bankman-Fried in exchange for his cooperation against other defendants in a sprawling set of lawsuits over the cryptocurrency exchange’s collapse.

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FTX chief executive blasts Sam Bankman-Fried for claiming fraud victims will not sufferNEW YORK (AP) — The chief executive of the cryptocurrency company Sam Bankman-Fried founded attacked the onetime crypto power player on Wednesday in a letter...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

FTX's Sam Bankman-Fried Sentenced To 25 Years Over Cryptocurrency ScamLydia is a HuffPost senior reporter in her hometown of San Francisco and a graduate of the University of Southern California's Annenberg School of Journalism. She has worked at HuffPost since 2013, when she was selected for that year's class of editorial fellows.
Source: HuffPostCanada - 🏆 61. / 53 Read more »

Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investorsFormer crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced Thursday for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency.
Source: CTVNews - 🏆 1. / 99 Read more »