FTX company lasted far longer than others in the industry before it entered bankruptcy in November when the global exchange ran out of money after the equivalent of a bank run. government had a “dramatic - and troubling” response to a broad market crash in cryptocurrency last year that affected every corner of the market.
Lawyers for the onetime head of a multibillion dollar cryptocurrency exchange said in papers in Manhattan federal court that the U.S.
NEW YORK (AP) - FTX founder Sam Bankman-Fried sought a dismissal of criminal charges against him in a court filing late Monday, saying prosecutors have improperly made federal crimes out of civil and regulatory issues that resulted from an industrywide collapse of cryptocurrency markets dubbed the “crypto winter.”
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