Tag: Cryptocurrency
Cryptocurrency Firm Loses Codes and Gets Hacked, Millions Lost
Recent developments in the cryptocurrency world highlight the dangers of trading in this type of “coin.” But how important is cryptocurrency to the financial world and why should we care? We discuss the issue with…
Sam Bankman-Fried trial begins, here’s what to expect
Jury selection is underway for the highly anticipated trial of former crypto executive Sam Bankman-Fried, who rose to the top of the cryptocurrency world before his company, FTX, collapsed. He’s now accused of defrauding investors…
Author Michael Lewis on the rise and fall of Sam Bankman-Fried
Lawyers for Sam Bankman-Fried delivered opening statements in his criminal trial Wednesday. Prosecutors have accused the former FTX CEO of misusing billions of dollars in customer funds. Author Michael Lewis joins CBS News to discuss…
Former FTX employees expected to testify at Bankman-Fried trial
Some of Sam Bankman-Fried’s former co-workers at FTX are expected to testify against him at his fraud trial. CBS News legal analyst Rikki Klieman explains the latest on the case. #news #ftx #sbf CBS News…
Witness testifies Sam Bankman-Fried directed her to commit fraud
Former Alameda Research CEO Caroline Ellison, the government’s star witness against Sam Bankman-Fried, took the stand Tuesday and said the former crypto boss directed her to commit crimes. CBS News national correspondent Errol Barnett was…