On 2 November 2023, almost a year after the collapse of what used to be the second largest cryptocurrency exchange in the world, its founder was found guilty on all seven charges against him, which include wire fraud and money laundering. I previously mentioned Sam Bankman-Fried and FTX in a blog post last March where I talked about the fall of two US banks due to losses brought on by the fall of the fraudulent cryptocurrency exchange. Most may consider the story complete, and life shall go on. This is a tale about pride, greed, lust, and the ruin those things bring. (more…)
