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Lawmakers grapple with sheer size of FTX’s missing billions

Por: Portland Press Herald World December 15, 2022

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Lawmakers on Wednesday attempted to grapple with the stunning collapse of cryptocurrency exchange FTX a day after federal prosecutors laid out a case of brazen financial crimes allegedly perpetrated by its former CEO, Sam Bankman-Fried, who is being held by authorities in the Bahamas. Bankman-Fried, known frequently as “SBF,” was arrested Monday at his luxury compound in Nassau at the request of the U.S. government, and he was charged with... + full article



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