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Another crypto platform struggling to survive

Ticker News ·
Ticker News
Ticker News

Australian Cryptocurrency exchange SwyftX has fired 90 employees. The cuts equate to around a third of all staff and come amid a downturn in the sector. SwyftX cut some staff earlier this year and follows a $1.5bn merger with Superhero.

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Bankman-Fried Guilty

Former FTX co-founder Sam Bankman-Fried has been found guilty of defrauding investors and customers.