missed doings about a year ago, including stealing as much as $10 million from his own customers. more now from new york. sam bankman fried was a towering figure in crypto. a self made entrepreneur who promised that his ftx crypto exchange was the safe and easy way to get into crypto currencies. his businesses brought him great wealth. at one point he was worth $26 billion, and propelled him into an a list social network of celebrities, some of whom he paid to endorse ftx.- celebrities, some of whom he paid to endorse ftx. with ftx i have everything paid to endorse ftx. with ftx i have everything i paid to endorse ftx. with ftx i have everything i need - paid to endorse ftx. with ftx i have everything i need to - paid to endorse ftx. with ftx i have everything i need to buy, | have everything i need to buy, sell and trade crypto safely. my sell and trade crypto safely. my goal has been to find a way of having my goal has been to find a way of having a positive impact on
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who promised customers worldwide that his ftx crypto exchange was the safe and easy way to get into cryptocurrencies. his businesses brought him great wealth. at one point he was worth $26 billion and propelled him into an a list social network of celebrities, some of whom he paid to endorse. with ftc s, have everything i need to buy, sell and trade crypto safely. my goal has been to find ways to have positive impact on the world. my goal has been to find ways to have positive impact on the world. he charmed washington politicians by calling for greater regulation in the crypto industry and made donations to their campaigns. he also adopted the mantle of a responsible leader in an industry rife with misconduct. but it turns out the fortune, the business, the image were built on a lie. the great success story was, in fact, a great fraud. bankman fried now faces decades in prison. during four weeks of testimony, prosecutors told jurors that the 31 year old bankman fried appare
subsequent threat to add $100 billion of additional chinese goods with tariffs. if he follows through on that, that will be roughly 40% of china s overall exports to the u.s. the u.s. is important to china. it s china s biggest export market. the pain can go both ways. that s what china has threatened in the past with soybeans, for example, or pork producers or airplanes. all of these have been listed on tariff lists. it s made people worry in the u.s., particularly in the agriculture sector. let s take a look at the statement from republican senator ben sasse who put out a statement warning that president trump s policies threaten to set u.s. agriculture on fire going on to say, quote, hopefully the president is just blowing off steam again. but if he s even half serious, this is nuts.