Bankman-Fried has been found guilty on all 7 counts he faced after a monthlong trial, during which prosecutors argued that he looted $8 billion from the exchange's users.
The Indian-origin engineer worked closely with fallen crypto king Bankman-Fried who ran FTX and trading firm Alameda Research, and lost most of his life savings.
Court says Sam Bankman-Fried, founder of the crypto exchange, attempted to interfere with witnesses by continuing 'inappropriate contact' that could influence their testimonies in October.
By Jack Queen and Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange and caused
The collusion between the new class of bureaucrats, politicians, businessmen and trade union bosses perpetuates itself partly because of the short-run benefits and partly because they see no way out of the system, wrote author MH Mody in 1980.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
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