Saturday , November 23 2024

Business

Bankman Fried, convicted of the largest 'crypto fraud' in US history, sentenced to 25 years in prison

Crypto Fraud News : In the US, FTX founder Sam Bankman Fried was sentenced by a judge to 25 years in prison. Fried was accused of defrauding cryptocurrency exchange customers of $8 billion through his company FTX. After committing this fraud his company was declared bankrupt. Prosecutors described the case …

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RBI's series of measures will make financial sector strong and transparent: S&P

New Delhi: Credit rating agency S&P Global Ratings said the Reserve Bank of India is showing serious commitment to improving governance and transparency in the financial sector and its measures are making banks stronger and more transparent. The recent measures by the Reserve Bank will reduce overzealousness of financial institutions, …

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