Beyond politically connected scammers and frothy valuations, the attractiveness of cryptocurrencies lies in their potential for doing what cash does, but across distances. When governments inflate money, people turn to other stores…
Tag: Fraud
FTX's Sam Bankman-Fried Used Customer Assets to Fund Political Donations, Says SEC
Disgraced crypto king faces criminal charges and SEC lawsuit. Sam Bankman-Fried, founder and head of the popular cryptocurrency exchange FTX, has been arrested in the Bahamas at the behest of U.S. prosecutors,…
Did Sam Bankman-Fried's Millions Buy the Media's Loyalty?
The public is only beginning to understand the full extent of alleged crimes committed by Sam Bankman-Fried (better known as SBF), a cryptocurrency entrepreneur who lost billions of dollars after his exchange,…