Former FTX users say the failed crypto exchange was a 'Ponzi scheme.' Here's how Ponzis work

Quick Summary:

SBF, as Bankman-Fried was often called, says he didn’t commit fraud.

But bankruptcy specialists say the findings so far are pretty devastating.

But bankruptcy specialists say the findings so far are ‘pretty devastating.

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Article Details

Author / Journalist: Will Daniel

Category: Economy

Markets: United StatesBahamasMali

Topics: Sam Bankman-Fried FTX

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-12-03 @ 12:30:00 (3 months ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 22 words

Reading Time: 1 minutes read

Sentences: 57 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 2119219

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 39 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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