1 year ago

Sam Bankman-Fried could face years in prison over FTX’s $32 billion meltdown — if the U.S. ever gets around to arresting him

https://www.cnbc.com/2022/12/05/sam-bankman-fried-could-face-years-in-prison-over-ftx-meltdown.html

All eyes on #FTX as funds from multiple wallets begin flowing without an official announcement on a Friday night. The #crypto community looks for answers in on-chain data.

https://twitter.com/cointelegraph/status/1591303547395743744?s=51&t=hEBKhWKvmy3zvTM_ipevAQ

Bernie Madoff’s trial took a little more than seven months. We learned most of the details during the trial. Then he was given a 150-year sentence where he has lots of time to understand what happened. But… he was actually arrested, charged, and prosecuted.

https://twitter.com/warrendavidson/status/1599740004481216513?s=51&t=hEBKhWKvmy3zvTM_ipevAQ

Bankman-Fried is on an apology tour that's seemingly designed to confuse anyone who doesn't speak crypto

Apparently, SBF will testify, just not now.

The former CEO of now-bankrupt crypto exchange FTX feels that he needs to "finish learning and reviewing what happened" before testifying.

https://twitter.com/cointelegraph/status/1599763521251774466?s=51&t=hEBKhWKvmy3zvTM_ipevAQ

Cobie: It’s a shame that
@Bybit_Official
is hosting another Moon Carl token launch after the performance of the last one, which he appears to have mostly abandoned

https://twitter.com/cobie/status/1599706704723120128?s=51&t=hEBKhWKvmy3zvTM_ipevAQ

ByBit Crypto Exchange to Layoff Third of Workforce Amid Ongoing Bear Market

https://cryptonews.com/news/bybit-crypto-exchange-layoff-third-of-workforce-amid-ongoing-bear-market.htm

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