LeadStory
Banking & LoansFinanceBusinessCrypto

Bloomberg

Sam Bankman-Fried says collateral crashed $51 billion

Bloomberg ·
Bloomberg
Bloomberg

FTX founder Sam Bankman-Fried apologized to staff in a letter that outlined a crash in "collateral" to $9 billion from $60 billion. Suvashree Ghosh reports on Bloomberg Television.

SEE THE FULL STORY

Bankman-Fried Guilty

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