It hasn’t been a kind year for blockchain-based startup activity. In addition to an asset-price correction during a general venture capital slowdown, web3-focused tech upstarts have also had to deal with a series of intra-industry crises that have, at times, dominated technology headlines. The Terra/Luna mess comes to mind. As […]
FTX
Sam Bankman-Fried could face decades in jail if convicted of law violations in FTX collapse, lawyers say
Sam Bankman-Fried, founder and former chief executive officer of failed cryptocurrency exchange FTX, could face more than 20 years in prison depending on the scale of potential legal violations related to the collapse of FTX and if he is convicted, two lawyers told Forkast. Multiple U.S. state agencies, including the […]