“I sincerely hope this holiday season will drain the poison that has infected our politics, and set us against one another,” an optimistic President Joe Biden said this afternoon in a Christmas address to the nation. However, if the politically nimble Democrat in the White House hoped to break … Read entire story.
Source: Deadline
UPDATED, 8:25 AM: The Securities and Exchange Commission today said FTX founder and ex-CEO Sam Bankman-Fried “built a house of cards” in charging him with fraud for cheating about 90 U.S. investors out of more than $1.1 billion in his cryptocurrency platform. The erstwhile crypto king, , whose wild … Read entire story.
Source: Deadline
Disgraced crypto king Sam Bankman-Fried was arrested today in the Bahamas, the Justice Department said. The Attorney General’s office of the Caribbean nation said the bust was made after U.S. prosecutors formally charged the founder and former CEO of bankrupt cryptocurrency exchange FTX, whose wild story is … Read entire story.
Source: Deadline
The bidding for film and TV rights is shaping up to be wild and wooly on an unwritten book about the stunning collapse of FTX cryptocurrency exchange titan Sam Bankman-Fried. Lewis, the master of channeling complicated financial and statistical data-based stories into hit films — The Big Short, … Read entire story.
Source: Deadline
Cryptocurrency prices dropped to two-year lows overnight after major cryptocurrency exchange Binance announced late Wednesday that it was pulling out of a proposed merger with ailing rival FTX, leaving the latter on the verge of collapse. The failure of the cryptocurrency giant could have a ripple effect on the … Read entire story.
Source: Deadline