Disgraced FTX CEO and Democrat Megadonor Sam Bankman-Fried on Thursday was sentenced to 25 years in jail for fraud after facing up to 100 years in jail.
Bankrupt cryptocurrency exchange FTX has scuttled plans to relaunch, but has also declared its intention to fully repay its customers and creditors, marking a significant shift in its insolvency resolution approach.
Bankrupt cryptocurrency exchange FTX has scuttled plans to relaunch, but has also declared its intention to fully repay its customers and creditors, marking a significant shift in its insolvency resolution approach.