Diabytes
FTX News
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Bankman-Fried is born on March 6, 1992.
He grew up in a family of highly educated parents, both professors.
Bankman-Fried was ultimately sentenced to 25 years behind bars.
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Bankman-Fried was convicted in November 2023 of two counts of wire fraud conspiracy, two counts of wire fraud, one count of conspiracy to commit money laundering, conspiracy to commit commodities fraud and conspiracy to commit securities fraud.
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FTX filed for bankruptcy on November 11, when it ran out of money after the equivalent of a bank run on the global cryptocurrency exchange.
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Nishad Singh pleaded guilty to six conspiracy charges, including conspiracy to commit wire fraud, conspiracy to commit money laundering and conspiracy to violate federal campaign finance laws.
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It comes just two months after the collapse of trading platform FTX sent shockwaves through the crypto industry.
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Bankman-Fried had been under criminal investigation by the two countries following the collapse last month of FTX. The firm filed for bankruptcy on November 11, when it ran out of money after the cryptocurrency equivalent of a bank run.
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As Bitcoin is considered the fastest-growing asset, you can choose to hold the free Bitcoin
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FTT is the Built-in cryptocurrency token of the crypto Spin off trading platform FTX
If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX
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