The fall of FTX is one of the most sudden and massive in recent corporate history. Here is a look at the company's downfall, by the numbers.
," was slapped with an eight-count indictment from the Southern District of New York on Tuesday for charges of fraud and conspiracy.Here is a look at the company's downfall, by the numbers:: In 2018, that's how much more Bitcoin was selling for in Japan compared with the U.S. The then-25-year-old Bankman-Fried bought large amounts of the popular token in the U.S. and sold them in Japan, moving as much as $25 million in Bitcoin each day.
Bankman-Fried faces accusations that FTX used deposits to pay Alameda Research creditors, a claim reportedly made by former Alameda Research CEO Caroline Ellison during a call in early November.
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Former FTX CEO Sam Bankman-Fried arrested in Bahamas | EngadgetThe Bahamas Attorney General's Office announced Monday that Bankman-Fried has been arrested there and is likely to be extradited in short measure back to the US to stand trial.
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