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Tag: FTX’s

FTX’s Bankman-Fried appeals 25-year sentence

Sam Bankman-Fried, the embattled former chief executive officer of the bankrupt cryptocurrency exchange FTX, has lodged a notice of appeal against his 25-year sentence....

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FTX founder Sam Bankman-Fried sentenced to 25 years in prison for crypto fraud; to forfeit more than $11 billion – Tech Startups

“I’m sorry about that. I’m sorry about what happened at every stage.” In a dramatic turn of events, Sam Bankman-Fried, the once-revered entrepreneur behind the...

FTX Founder Bankman-Fried Sentenced To 25 Years For Fraud, Conspiracy

FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday on seven criminal charges — two counts of fraud and five...

Anthropic founders block Saudi Arabia from buying FTX-owned stake

AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto...

Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media...

Eye On AI: Startups Should Heed ‘AI-Washing’ Warnings

This column is a look back at the week that was in AI. Read the previous one here. It’s become difficult to hear a CEO...

Solana Chasing BNB Chain, Race To 5% Market Dominance Heats Up

The dominance war is on. CoinMarketCap data shows that Solana and BNB Chain, two popular smart contracts platforms after Ethereum, are emerging as strong...

BBB Says Crypto Fraud Is Riskiest Con Consumers Face – CryptoCurrencyWire

Crypto and investment frauds rank as the most perilous schemes in the United States presently, according to the Better Business Bureau (BBB). These fraudsters...

Asia banks spend $45 billion on compliance – for what?

Compliance-tech vendor LexisNexis has commissioned a study that says financial institutions in Asia Pacific spent $45 billion last year on financial crime compliance. Most firms...

Former FTX, Alameda Employees Pour In $17 Million For Backpack Crypto Exchange Startup

Former employees of FTX and Alameda Research have secured $17 million to establish Backpack cryptocurrency exchange.  They are among the businesses attempting to bridge the...

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