Sam Bankman-Fried Remains Stuck in Jail

2023-9-13 02:00

Sam Bankman-Fried lost a bid to be released from jail ahead of his trial next month. All hope isn’t lost for him, but time is running out for the FTX founder.

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CFTC Says Bitcoin Trader Who Lost $1.1M Will Serve 15 Months in Jail

The Commodity Futures Trading Commission (CFTC) revealed that a former employee of Consolidated Trading will serve 15 months in jail and pay $1. 1 million for Bitcoin fraud. Employer Tipped Off Authorities According to sources including US regulator the Commodity Futures Trading Commission (CFTC) and a social media commentator citing “people close” to the matter, Joseph Kim lost CT over $600,000 through stealing money to finance cryptocurrency trades gone wrong.

2018-11-12 14:00