#trending: Malaysia-based actress encounters ‘rude’ Grab driver in Singapore; says he told her to ‘walk it’ after missing her destination NEW YORK, Nov 4 ― Cryptocurrency backers yesterday celebrated the fraud conviction of the industry's one-time golden boy Sam Bankman-Fried, hoping the embattled sector can finally turn the page on a multibillion dollar scandal.
On Thursday, a New York jury found Bankman-Fried, known as “SBF,” guilty of all seven counts against him, including fraud, conspiracy and money laundering.He was convicted of using customer funds deposited on his FTX cryptocurrency exchange platform to fuel risky investments and trades by his personal investment firm, Alameda Research.
The “swift and unanimous verdict confirms what we already knew: that SBF misled and deceived so many, from customers and employees to business partners and investors, including myself and Sequoia,” said Alfred Lin, partner at Sequoia, one of Silicon Valley's most reputable venture capital firms.Thursday's decision “means another dead weight has been pried off of bitcoin. This is good...
This period saw the value of bitcoin, the industry bellwether currency, plunge by two-thirds between the end of March and the end of November 2022.“It's not a day to celebrate,” tempered Hayden Adams, founder of Uniswap, a cryptocurrency exchange platform.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »
Source: fmtoday - 🏆 5. / 72 Read more »
Source: malaymail - 🏆 1. / 86 Read more »
Source: fmtoday - 🏆 5. / 72 Read more »
Source: staronline - 🏆 4. / 75 Read more »
West Malaysian Claims That Fried Rice In East Malaysia Never Tastes GoodA netizen, allegedly from West Malaysia recently uploaded quite the controversial opinion on Twitter. Apparently, he opined that food in East Malaysia was
Source: HypeMY - 🏆 10. / 63 Read more »