Don't expect the bill that thrust Sam Bankman-Fried into controversy to become law this year, though crypto legislation has momentum in Washington.
One of the world's largest capital markets firm's received approval from the UK financial regulator to launch a wholesale crypto exchange for institutional clients.
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FTX crypto collapse: Ex-CEO Sam Bankman-Fried denies 'improper use' of customer fundsNASSAU, THE BAHAMAS — Sam Bankman-Fried, the embattled former CEO of cryptocurrency giant FTX and trading firm Alameda Research, told ABC News he was ultimately responsible for the downfall of both companies, but denied that he knew 'that there was any improper use of customer funds.'
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Sam Bankman-Fried Says His Net Worth 'is Close to Zero' After FTX Collapse | CoinMarketCapIn an interview, the former CEO of the formerly No. 2 crypto exchange in the world, FTX, said he didn't commit fraud and believes he could still fix his bankrupt businesses.
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Sam Bankman-Fried confronted over the fall of FTX in live interview'I was frankly surprised by how big Alameda’s position was which points to another failure of oversight on my part and failure to appoint someone to be chiefly in charge of that.'
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Sam Bankman-Fried Says FTX Had A ‘Bad Month,’ But He Didn’t Try To Defraud Anyone'I substantially underestimated what the scale of the market crash could look like,' the former cryptocurrency wunderkind said.
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FTX CEO stresses Bankman-Fried, Ellison no longer involved in operationsFTX's new CEO John Ray stressed in an employee all hands that the firm is not in communication with former CEO Sam Bankman-Fried.
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Sam Bankman-Fried says he has $100K left in bank account after FTX collapseFormer FTX CEO Sam Bankman-Fried has revealed that he now has $100,000 in his personal bank account after once being valued at $26.5 billion, a report says.
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