Wednesday, December 14, 2022

FTX founder Sam Bankman-Fried in custody after fraud charges, bail denied

The former CEO of the collapsed cryptocurrency exchange, dressed in a blue suit without a tie, lowered his head and hugged his parents after the judge said his risk of flight was too "great" and ordered that he be sent to a Bahamas correctional facility until February 8.

from Tech-Economic Times https://ift.tt/S9WHYyv

No comments:

Post a Comment

OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...