In late December Mr Bankman-Fried was released from detention on $250m bail on condition that he does not leave his parents’ home in California.Collapsed cryptocurrency exchange FTX has located more than $5bn of assets, the FTX’s former chief executive Sam Bankman-Fried was accused of orchestrating an “epic” fraud that may have cost investors, customers and lenders billions of dollars. FTX, which a year ago was valued at $32bn, filed for bankruptcy protection on 11 November. It has been estimated that $8bn of customer’s funds was missing. Will the recovery affect the crypto prices ?
Previous Article
China-Australia relations turnaroundNext Article
Introduction of digital currencies