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Mar 29, 2024
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just in our crypto ——. i for other purposes. just in our crypto ---_ crypto --. i feel like an appmpriate _ crypto --. i feel like an appropriate sentence. l crypto --. i feel like an appropriate sentence. i crypto --. i feel like an - appropriate sentence. i feel them lotta people would have them lotta people would have the request of a0 mac years just because of the number of projects and meeting investors impacted by his actions a lot better then the lawyer was asking was six years which would bring ridiculous considering the crime. those that ut considering the crime. those that put a — considering the crime. those that put a lot _ considering the crime. those that put a lot of _ considering the crime. those that put a lot of money - considering the crime. those that put a lot of money and l that put a lot of money and fade into ftx and freed himself or they could be getting their money back?— or they could be getting their mone back? �* , ,., money back? there's something im ortant money back? there's something important to _ money back? there's someth
just in our crypto ——. i for other purposes. just in our crypto ---_ crypto --. i feel like an appmpriate _ crypto --. i feel like an appropriate sentence. l crypto --. i feel like an appropriate sentence. i crypto --. i feel like an - appropriate sentence. i feel them lotta people would have them lotta people would have the request of a0 mac years just because of the number of projects and meeting investors impacted by his actions a lot better then the lawyer was asking was six years which...
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Mar 29, 2024
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justin d'anethan is a crypto expert from keyrock. he says the sentencing is welcome news for the industry. i think for the crypto community as whole, it feels like an appropriate sentence. i think many people would have rather have the prosecutors request of a0 years, just because of the number of projects, companies, and just retail investors that were impacted by his actions, but it is at least a lot better than what sbf�*s lawyer was asking, which was 6.5 years, which would have been ridiculous considering the seriousness of his crime. yes, and speaking of the retail investors, those that put a lot of money and faith into ftx and into bankman—fried himself, are they going to be getting their money back? there's something very important to understand. right now the claims for ftx assets that are locked in are about 80 or 90 cents on the dollar. so it sounds like most of the assets would be paid back to the investors, but a very important point is that it will be the value of the assets at the time of bankruptcy and not what the
justin d'anethan is a crypto expert from keyrock. he says the sentencing is welcome news for the industry. i think for the crypto community as whole, it feels like an appropriate sentence. i think many people would have rather have the prosecutors request of a0 years, just because of the number of projects, companies, and just retail investors that were impacted by his actions, but it is at least a lot better than what sbf�*s lawyer was asking, which was 6.5 years, which would have been...
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Mar 28, 2024
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a reckoning for the fallen crypto king. sam bankman—fried is to be sentenced in the next few hours for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. the crisis at thames water deepens as shareholders refuse to inject extra cash into the uk's largest water company. hello and welcome to world business report, i'm lukwesa burak. we start in the us, where in the next few hours sam bankman—fried — the former cryptocurrency tycoon, convicted of stealing billions of dollars from customers — will be sentenced for his crimes. the 32—year old founder of the collapsed crypto exchange ftx could now face decades in prison. our cyber correspondent, joe tidy, was the last person to interview bankman—fried before he was arrested in december 2022 and reports on the rise and downfall of the man behind one of the biggest financial crimes in us history. one interesting thing that's been happening pretty recently is that the bitmex bitcoin perpetual futures ran up a lot in price. this
a reckoning for the fallen crypto king. sam bankman—fried is to be sentenced in the next few hours for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. the crisis at thames water deepens as shareholders refuse to inject extra cash into the uk's largest water company. hello and welcome to world business report, i'm lukwesa burak. we start in the us, where in the next few hours sam bankman—fried — the former cryptocurrency tycoon, convicted of...
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thank you. went out to the crypto king, who is now the crypto convict, headed for present, from a millionaire san basement free. it's been sentenced to 25 years in prison for stealing billions of dollars from his crypto exchange platform. at the x, a prosecutors had one and 50 years in prison. they say they've been free, defrauded tens of thousands of customers from around the world, spending over $8000000000.00 of their savings on his luxury homes and risky investments. last november, the jury found him guilty on 7 counts of fraud conspiracy and money laundering. they've been freed, founded f t x back in 2019. it quickly grew into one of the largest crypto currency exchanges in the world. millions of users logged on to buy and sell crypto token and such as bitcoin billions of dollars. it passed through the site every single day. a customers thought that their cash was safe, but they've been free to use that cash to fund his own personal investments. and also to prop up as lawsuits with news broke, that f t. x was on shaky financial ground. people tried to withdraw their funds to run on the b
thank you. went out to the crypto king, who is now the crypto convict, headed for present, from a millionaire san basement free. it's been sentenced to 25 years in prison for stealing billions of dollars from his crypto exchange platform. at the x, a prosecutors had one and 50 years in prison. they say they've been free, defrauded tens of thousands of customers from around the world, spending over $8000000000.00 of their savings on his luxury homes and risky investments. last november, the jury...
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Mar 28, 2024
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we've seen crypto skyrocket. i wonder if this sentence, this conviction, the fact that a bad actor is being put away, if this does send a message to the crypto community, we are making things safer, in, we will see what happens with bitcoin today but certainly it's been on a run. i will send it back to you. neil: mentioned the prospect of appealing and where that stands but given the severity of the sentence, it's not as far as the judge could have had it go, makes you wonder what chances he would have. >> absolutely. a question i've been thinking about myself. when you have that 25 year sentence come down it is supplemental. for folks watching at home they are going 110, how could he not have gotten that? bernie madoff got over one hundred years, that was for someone who was at the end of their life. when you think of sentencing you think about the possibility of revocation or remorse, to to good in society going forward but even though they are going to appeal, he fired the folks that got connected to convictio
we've seen crypto skyrocket. i wonder if this sentence, this conviction, the fact that a bad actor is being put away, if this does send a message to the crypto community, we are making things safer, in, we will see what happens with bitcoin today but certainly it's been on a run. i will send it back to you. neil: mentioned the prospect of appealing and where that stands but given the severity of the sentence, it's not as far as the judge could have had it go, makes you wonder what chances he...
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Mar 28, 2024
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i think there is a crypto of today and a crypto of the past. we are in a new institutional era of crypto. i think the trust is building significantly. you can see that in prices and the type of investors who are moving into crypto for the first time. i think that momentum is going to build for the foreseeable future. ed: bitwise asset ceo matt hougan, thank you for your time and what is happening with sam bankman-fried's sentencing. we will sit down with the ceo of walgreens to discuss the company's future. walgreens and the reinvention era right now. that conversation is coming up next. this is bloomberg technology. ♪ okay y'all we got ten orders coming in... big orders! starting a business is never easy, but starting it eight months pregnant... that's a different story. i couldn't slow down. we were starting a business from the ground up. people were showing up left and right. and so did our business needs the chase ink card made it easy. when you go for something big like this, your kids see that. and they believe they can do the same. ear
i think there is a crypto of today and a crypto of the past. we are in a new institutional era of crypto. i think the trust is building significantly. you can see that in prices and the type of investors who are moving into crypto for the first time. i think that momentum is going to build for the foreseeable future. ed: bitwise asset ceo matt hougan, thank you for your time and what is happening with sam bankman-fried's sentencing. we will sit down with the ceo of walgreens to discuss the...
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Mar 28, 2024
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a crypto “ournalist followin t bankman-fried. a crypto “ournalist feiiewingttefi bankman-fried. a crypto “ournalist following the case h bankman-fried. a crypto journalist following the case extensively - bankman-fried. a crypto journalist j following the case extensively joins following the case extensivelyjoins me now. first let's talk about about sam bankman—fried as a person. i've given a bit of background to him but explained to viewers who he was and what happened. it explained to viewers who he was and what happened-— explained to viewers who he was and what happened. it was incredible. he tositioned what happened. it was incredible. he positioned himself _ what happened. it was incredible. he positioned himself as _ what happened. it was incredible. he positioned himself as an _ what happened. it was incredible. he positioned himself as an effective - positioned himself as an effective altruist making as much money as possible then giving all of it away. he was the subject of flattering media profiles and one man's eczema said the next warren buffett but in intervi
a crypto “ournalist followin t bankman-fried. a crypto “ournalist feiiewingttefi bankman-fried. a crypto “ournalist following the case h bankman-fried. a crypto journalist following the case extensively - bankman-fried. a crypto journalist j following the case extensively joins following the case extensivelyjoins me now. first let's talk about about sam bankman—fried as a person. i've given a bit of background to him but explained to viewers who he was and what happened. it explained...
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that bankman—fried had on the whole crypto industry, over about a year or so, crypto industry, over about a year orso, bankman—fried crypto industry, over about a year or so, bankman—fried sentenced in the last few minutes to 25 years. joe tidy or cyber correspondentjust getting into place beside me. he has been with me over the last hour or so, as we anticipated the sentence. it has come and we had talked the last time about an hour or so ago when we knew the prosecutors are going between a0 and 50 years. in the end landing on 25. yes. going between 40 and 50 years. in the end landing on 25.— going between 40 and 50 years. in the end landing on 25.- i l the end landing on 25. yes. 20. i think there _ the end landing on 25. yes. 20. i think there has _ the end landing on 25. yes. 20. i think there has been _ the end landing on 25. yes. 20. i think there has been a _ the end landing on 25. yes. 20. i think there has been a correctionj think there has been a correction of. i think there has been a correction of. .. . think there has been a correction of. ., , ., think there has
that bankman—fried had on the whole crypto industry, over about a year or so, crypto industry, over about a year orso, bankman—fried crypto industry, over about a year or so, bankman—fried sentenced in the last few minutes to 25 years. joe tidy or cyber correspondentjust getting into place beside me. he has been with me over the last hour or so, as we anticipated the sentence. it has come and we had talked the last time about an hour or so ago when we knew the prosecutors are going...
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Mar 29, 2024
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., , , crypto world? well, 25 years is a “oke, crypto world? well, 25 years is a joke. is _ crypto world? well, 25 years is a joke, is what _ crypto world? well, 25 years is a joke, is what i've _ crypto world? well, 25 years is ajoke, is what i've heard, - a joke, is what i�*ve heard, lovable. there are many people disappointed by the sentence, as substantial as it is, because of how much money people lost. because of how much money people lost-— because of how much money people lost. because of how much money --eole lost. ~ . . ., ., , people lost. what damage has it done to the _ people lost. what damage has it done to the crypto _ people lost. what damage has it done to the crypto investment? | done to the crypto investment? has it damaged it? is it still damaged des�*s are still damaged or has it rehabilitated itself? the crypto markets have recovered, now we are seeing bitcoin at higher prices than ever before, but i would argued that the sentence among investors who may have been interested in crypto has changed and also the way bu
., , , crypto world? well, 25 years is a “oke, crypto world? well, 25 years is a joke. is _ crypto world? well, 25 years is a joke, is what _ crypto world? well, 25 years is a joke, is what i've _ crypto world? well, 25 years is ajoke, is what i've heard, - a joke, is what i�*ve heard, lovable. there are many people disappointed by the sentence, as substantial as it is, because of how much money people lost. because of how much money people lost-— because of how much money people lost....
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sam bankman-fried washa crypto's golden boy, he was the - crypto's golden boy, he was the founder of the ftx cryptocurrency exchange where customers could come and exchange their dollars and pounds for a cryptocurrency, and he assured those customers, as his ftx exchange was collapsing, that their money was safe. but when customers went to withdraw their funds, the funds were not there. the jury found that money had been moved to an investment fund and that sam bankman—fried use that money to enrich himself and his inner circle, to make political donations and charitable donations, dubai luxury real estate. when customers went to pull the money out, it wasn't there. now, thank you very much. that is our correspond in there at the courthouse. if there is more reaction in new york, will return there. with me is our cyber correspondent, joe tidy, who was the last person to interview bankman—fried before he was arrested in december 2022. let's start there, joe. when you did that interview back then, what was he like? ~ ., , that interview back then, what was he like? ~ . , ,., that i
sam bankman-fried washa crypto's golden boy, he was the - crypto's golden boy, he was the founder of the ftx cryptocurrency exchange where customers could come and exchange their dollars and pounds for a cryptocurrency, and he assured those customers, as his ftx exchange was collapsing, that their money was safe. but when customers went to withdraw their funds, the funds were not there. the jury found that money had been moved to an investment fund and that sam bankman—fried use that money to...
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crypto regulation hasn't changed — crypto industry? crypto regulation hasn't changed that _ crypto industry? crypto regulation hasn't changed that much - crypto industry? crypto regulation hasn't changed that much really i hasn't changed that much really since this came to light a couple of years ago. in fact, if the collapse of ftx came after the first crypto brain exploded, then here we are also yet again in another crypto boom. when ftx collapsed bitcoin was worth around $21,000. at its current price it is $70,000. it hasn't stopped the majority rise in crypto currencies and another boom and yet we don't have more rules yet. the other thing worth pointing out is that sam bankman—fried's nemesis, the ceo of binance also faces his own legal challenges and he'll be so instant in a separate case on april 30. , . ., , ., instant in a separate case on april 30. -- sentenced in a separate case. thank yom — here in the uk, more than 200 workers are taking part in two days of strike action at an amazon site in birmingham. members of the
crypto regulation hasn't changed — crypto industry? crypto regulation hasn't changed that _ crypto industry? crypto regulation hasn't changed that much - crypto industry? crypto regulation hasn't changed that much really i hasn't changed that much really since this came to light a couple of years ago. in fact, if the collapse of ftx came after the first crypto brain exploded, then here we are also yet again in another crypto boom. when ftx collapsed bitcoin was worth around $21,000. at its...
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Mar 27, 2024
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around crypto. this is bloomberg. ♪ ♪ tom: welcome back. bitcoin breached the $70,000 level after a surge after etf outflows last week sense ftc approval. i'm joined by tim, a major player in the crypto space. let's look to january 11, what has approval done to demand for the products? tim: widely anticipated, it took a long time to come to fruition. and lot of lobbying for asset managers. very exciting event, slightly hysterical event. the impact has been larger than the most optimistic forecasts. $11 billion inflows. we've seen that expressed in price action. tom: do you see money in etf's? tim: yes. european products have been around longer, so i think there was repatriation to u.s. products but impact has been named legitimacy and of bitcoin. it is all very well promoting it but when larry fink puts blackrock behind it, this is a material change and impacts the attitude to bitcoin. tom: when it comes to building out a crypto sector is it playing catch-up? tim: euro has had crypto products fo
around crypto. this is bloomberg. ♪ ♪ tom: welcome back. bitcoin breached the $70,000 level after a surge after etf outflows last week sense ftc approval. i'm joined by tim, a major player in the crypto space. let's look to january 11, what has approval done to demand for the products? tim: widely anticipated, it took a long time to come to fruition. and lot of lobbying for asset managers. very exciting event, slightly hysterical event. the impact has been larger than the most optimistic...
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i did mention the crypto venture earlier. so when f f t x are collapsed, um, so a bitcoin suited at about $17000.00 as we speak today, bitcoin straight at 70 a $1000.00. so all those scandals, all those bankruptcies didn't harm the crypto market itself at all. and also regulators recently and has been much more open to the crypto. well then they used to be a year or 2 ago the financial correspondent, again, school today in new york for us. thank you again. and we can now return to our top store, the united nation, pick saudi arabia to had a women's rights commission that we can now speak to based on the kiosk, ease uh with amnesty international. and that container on saudi arabia and she joins me now from a baby. now saw the low it, for example, in shrines, mail, guardianship. what are the consequences of such a is even leaving? are you in for them on women's rights? thank you so much for for having me. honestly, i don't know whether to laugh or to cry. after you're introduced us on your radio was pointed to the commission on
i did mention the crypto venture earlier. so when f f t x are collapsed, um, so a bitcoin suited at about $17000.00 as we speak today, bitcoin straight at 70 a $1000.00. so all those scandals, all those bankruptcies didn't harm the crypto market itself at all. and also regulators recently and has been much more open to the crypto. well then they used to be a year or 2 ago the financial correspondent, again, school today in new york for us. thank you again. and we can now return to our top...
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a reckoning for the fallen crypto king. sam bankman—fried is due to be sentenced for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. more industrial action against amazon as workers in birmingham in the uk strike over pay and union rights. welcome to world business report. we start in the new york — where sam bankman—fried — the former cryptocurrency tycoon convicted of stealing billions of dollars from customers — is due to be sentenced for his crimes. the 32—year old founder of the collapsed crypto exchange ftx could face decades in prison. our cyber correspondentjoe tidy was the last person to interview bankman—fried before he was arrested in december 2022. and he takes a look back at the rise and fall of the man behind one of the biggest financial crimes in us history. one interesting thing that's been happening pretty recently is that the bitmex bitcoin perpetual futures ran up a lot in price. this was sam bankman—fried in his element — at his desk, talki
a reckoning for the fallen crypto king. sam bankman—fried is due to be sentenced for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. more industrial action against amazon as workers in birmingham in the uk strike over pay and union rights. welcome to world business report. we start in the new york — where sam bankman—fried — the former cryptocurrency tycoon convicted of stealing billions of dollars from customers — is due to be sentenced...
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it's all crypto market and the whole industry attached to it. yeah, that's definitely also quite a stunning because we had this huge boe out of the f t x. but we also had to couple of other crypto firms that are going bankrupt. so this is not the only even if it's the most spectacular case. but the crypto market itself actually doesn't seem to care when f t x collapsed them. bitcoin stood at $17000.00. today we are at $70000.00, some almost as a, a record tie. and even if you look at the regulators some just the, this year, they opened the doors for more financial products and around the crypto world. so if you have the crypt or markets in general didn't really matter or it didn't influence the market at all. all those scandals that we've covered in and seen in the past couple of years and it's probably not the last sky until that we see in that area death and the know dance. one last question. very brief on. so please. and you've been covering roles fees. uh for, for many, many years and really in terms of scandals. you mentioned birdie made of
it's all crypto market and the whole industry attached to it. yeah, that's definitely also quite a stunning because we had this huge boe out of the f t x. but we also had to couple of other crypto firms that are going bankrupt. so this is not the only even if it's the most spectacular case. but the crypto market itself actually doesn't seem to care when f t x collapsed them. bitcoin stood at $17000.00. today we are at $70000.00, some almost as a, a record tie. and even if you look at the...
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Mar 29, 2024
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it's very much a bitcoin story and crypto is still searching for those cases. we will leave _ searching for those cases. we will leave it _ searching for those cases. we will leave it there. steven ehrlich, director of research at forbes crypto, thank you for joining us on bbc news.- joining us on bbc news. thank ou. the biden administration has approved maryland's request for $60 million in aid for recovery efforts after a bridge in baltimore collapsed when it was hit by a cargo ship. divers have so far found the bodies of two people in a red pick—up truck underwater. eight workers were on the bridge when it was hit by the cargo ship dali, plunging them into the waters below. two were rescued on the day, but the search continues for four other men who were working on the bridge repairing potholes. all are now presumed dead. investigators say the container ship that crashed, and still remains in the patapsco river, was carrying more than 700 tons of hazardous materials. the jobs of at least 8,000 workers at the port of baltimore are affected by the collapse o
it's very much a bitcoin story and crypto is still searching for those cases. we will leave _ searching for those cases. we will leave it _ searching for those cases. we will leave it there. steven ehrlich, director of research at forbes crypto, thank you for joining us on bbc news.- joining us on bbc news. thank ou. the biden administration has approved maryland's request for $60 million in aid for recovery efforts after a bridge in baltimore collapsed when it was hit by a cargo ship. divers...
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Mar 29, 2024
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he spoke in front of congress as a leader in the burgeoning crypto industry. he founded the cryptocurrency exchange ftx, where customers traded their dollars and pounds for cryptocurrencies like bitcoin. when the exchange collapsed in november 2022, he assured customers their money was safe. but it turns out his entire business was built on lies. a jury convicted him here in this courthouse in november on fraud and conspiracy charges after only five hours of deliberations — a nod to the strength of the government's case. nowjudge lewis kaplan has sentenced him to 25 years in prison, saying bankman—fried knew his actions were wrong and criminal and that he made a bad bet that he wouldn't get caught. judge kaplan said the losses to ftx customers, investors and lenders totalled more than $11 billion. bankruptcy proceedings have been able to claw back much of the money, but the judge said that doesn't absolve bankman—fried. the prosecution was able to show multiple times where sam had the opportunity to do the right thing, to come clean, and he chose not to
he spoke in front of congress as a leader in the burgeoning crypto industry. he founded the cryptocurrency exchange ftx, where customers traded their dollars and pounds for cryptocurrencies like bitcoin. when the exchange collapsed in november 2022, he assured customers their money was safe. but it turns out his entire business was built on lies. a jury convicted him here in this courthouse in november on fraud and conspiracy charges after only five hours of deliberations — a nod to the...
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Mar 28, 2024
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a reckoning for the fallen crypto king. sam bankman—fried is to be sentenced in the next few hours for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. the crisis at thames water deepens as shareholders refuse to inject extra cash into the uk's largest water company. hello and welcome to world business report, i'm lukwesa burak. we start in the us, where in the next few hours sam bankman—fried — the former cryptocurrency tycoon, convicted of stealing billions of dollars from customers — will be sentenced for his crimes. the 32—year old founder of the collapsed crypto exchange ftx could now face decades in prison.
a reckoning for the fallen crypto king. sam bankman—fried is to be sentenced in the next few hours for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. the crisis at thames water deepens as shareholders refuse to inject extra cash into the uk's largest water company. hello and welcome to world business report, i'm lukwesa burak. we start in the us, where in the next few hours sam bankman—fried — the former cryptocurrency tycoon, convicted of...
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Mar 28, 2024
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i think you will see stronger regulation around crypto currencyl regulation around crypto currency but i _ regulation around crypto currency but i also — regulation around crypto currency but i also think for the markets that you're seeing is comparatively new asset — that you're seeing is comparatively new asset continue to enter portfolios and you end up in this quite _ portfolios and you end up in this quite odd — portfolios and you end up in this quite odd situation where both the price of— quite odd situation where both the price of gold and crypto, bitcoin, are going — price of gold and crypto, bitcoin, are going up at the same time. the ultimate _ are going up at the same time. the ultimate store of value in many respects, — ultimate store of value in many respects, very old asset to invest in, respects, very old asset to invest in. this— respects, very old asset to invest in, this other one a brand—new one, but seemingly taking its place in investor— but seemingly taking its place in investor portfolios but it will need appropriate regulation if you're going _
i think you will see stronger regulation around crypto currencyl regulation around crypto currency but i _ regulation around crypto currency but i also — regulation around crypto currency but i also think for the markets that you're seeing is comparatively new asset — that you're seeing is comparatively new asset continue to enter portfolios and you end up in this quite _ portfolios and you end up in this quite odd — portfolios and you end up in this quite odd situation where both the...
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the, the, this is dw news lie from berlin convicted crypto currency king sentence to 25 years in prison, sam franklin fried swindled customers out of billions. the judge saying it's clear he only regrets getting caught. also coming up support for the war on hamas remain strong in israel, but pressure is growing on the government of pen. you mean that and yahoo! and struggling and madagascar claims at least 12 lives. this after a psych come tears, the path of devastation across the island nation. the unpopular felt really as welcome to the program, former opinion, eric crypto boss, i'm buying quinn freed has been sentenced to 25 years in prison for fraud. he was convicted after leaving hundreds of thousands of customers, lenders and investors, $11000000000.00 out of pocket after the collapse of his f. t. x platform. in 2022. after years of being rewarded for risky behavior, sam, bank and fried, finally ran out of road, convicted for fraud, and conspiracy to 32 year old was sentenced to more than 2 decades in prison. prosecutors wanted to put him away for decades more as 10 to 25. so clea
the, the, this is dw news lie from berlin convicted crypto currency king sentence to 25 years in prison, sam franklin fried swindled customers out of billions. the judge saying it's clear he only regrets getting caught. also coming up support for the war on hamas remain strong in israel, but pressure is growing on the government of pen. you mean that and yahoo! and struggling and madagascar claims at least 12 lives. this after a psych come tears, the path of devastation across the island...
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Mar 28, 2024
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t x, crypto exchange. he was convicted on old count salton month long trial in november . christmas leave me has moved from new york, citing the res unless of sandbag winfrey's actions and his flexibility with the truth. the judge gave the former c o the crypto currency exchange f t x 25 years behind bars. that is significantly less than the a 110 years that he could have received. but more than the 6 and a half that his lawyers had requested. they said he never intended to steal that his customers would eventually be made whole through bankruptcy proceedings. and that at his heart, he wanted to do good and donate his money to philanthropy and help people around the world. the prosecutors took exception to that characterization. they had requested 40 to 50 years behind bars, saying that he hadn't accepted full responsibility for his fraud or his line and could be in a position if let out. to do something like this. again, sam bagman fried, said little as the sentence was read. she did tell the judge that h
t x, crypto exchange. he was convicted on old count salton month long trial in november . christmas leave me has moved from new york, citing the res unless of sandbag winfrey's actions and his flexibility with the truth. the judge gave the former c o the crypto currency exchange f t x 25 years behind bars. that is significantly less than the a 110 years that he could have received. but more than the 6 and a half that his lawyers had requested. they said he never intended to steal that his...
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once the wonder can of the crypto currency world. sam bank winfrey's fall from grace seems complete. the judges at the international court of justice of ordered israel to take all necessary measures to ensure humanitarian assistance reaches palestinian people in gaza. the court war. and there is already a fireman and ordered the israeli government to act with i've delay and also called for the immediate release of all hostages held by hamas. israel is finding itself increasingly isolated as the civilian desktop and gaza continues to rise in his rail support for the war remains high, but the leadership of prime minister benyamin to 10 yahoo is coming under heavy scrutiny use. rebecca renters has more for me as well. when he is well, lone states will on gauze in response to a mouse is deadly terror attack is riley, is overwhelmingly supported. the operation 6 months on that support remains steadfast. i think it was definitely the right decision because it was needed to happen that they needed to get rid of come off because they've been
once the wonder can of the crypto currency world. sam bank winfrey's fall from grace seems complete. the judges at the international court of justice of ordered israel to take all necessary measures to ensure humanitarian assistance reaches palestinian people in gaza. the court war. and there is already a fireman and ordered the israeli government to act with i've delay and also called for the immediate release of all hostages held by hamas. israel is finding itself increasingly isolated as the...
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Mar 21, 2024
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. >>> the crypto industry could face new regulations from congress. some lawmakers say it's increasingly likely that new laws could be passed before the election. is sean duffy in favor of that? well, we're going to ask him. we're going to find out. >>> and my next guest says he feels hike a fool for legally getting his green card. he says he should have just walked over the border and gotten more free stuff. he'll make his case next. ♪ ♪ i have type 2 diabetes, but i manage it well ♪ ♪ jardiance! ♪ ♪ it's a little pill with a big story to tell ♪ ♪ i take once-daily jardiance ♪ ♪ at each day's start! ♪ ♪ as time went on it was easy to see ♪ ♪ i'm lowering my a1c! ♪ jardiance works twenty-four seven in your body to flush out some sugar. and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects may include ketoacidosis that may be fatal, dehydration that can lead to sudden worsening of kidney function, and genital yeast or urinary tract infec
. >>> the crypto industry could face new regulations from congress. some lawmakers say it's increasingly likely that new laws could be passed before the election. is sean duffy in favor of that? well, we're going to ask him. we're going to find out. >>> and my next guest says he feels hike a fool for legally getting his green card. he says he should have just walked over the border and gotten more free stuff. he'll make his case next. ♪ ♪ i have type 2 diabetes, but i...
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Mar 29, 2024
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there is only regulatory uncertainty around the rest of crypto. and and i think a lot of people are disappointed by politicians in general on both sides who overpromise and underdeliver, all the while enriching themselves to the point of generational wealth while they opine how sad it is that we no longer have a middle class. and one of of the best things about bitcoin is it isen inherently apolitical. it removes the power that comes with manager able to manipulate money and print limitless unit withs, and it really unchains capital from the prison of politics. so no matter who gets elected, i think bitcoin going to shine. kelly: ewell, certainly, that's something that a we're going to be curious to see about the candidates as they come out. before i let you go, i wanted to bring up etherium. larry fink says that he doesn't think it would have much bearing on an etf, a spot etf ai improvement what do you think? >> look, when i entered the space, i was confused. why are people saying bitcoin is so different, and i experimented, and then i really le
there is only regulatory uncertainty around the rest of crypto. and and i think a lot of people are disappointed by politicians in general on both sides who overpromise and underdeliver, all the while enriching themselves to the point of generational wealth while they opine how sad it is that we no longer have a middle class. and one of of the best things about bitcoin is it isen inherently apolitical. it removes the power that comes with manager able to manipulate money and print limitless...
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the, the dw news line from berlin tonight, the convicted crypto currency king sentenced a 25 years in prison, san bakeman frames window, customers out of millions of dollars blowing money on a luxury lifestyle and risky investments. also coming up outrage as the united nations picks and saudi arabia to lead a women's rights commission. critics describing this as an abysmal record on gender equality in the country. and france backing a ban on discrimination based on people's fear style mean victims of prejudice. black women to get a job many are forced to treat their hair with chemical. the break off is good to have you with this former bill you there crypto boss, sam, bakeman, fries has been sentenced to 25 years in prison for fraud, worth billions of dollars. a jury found bakeman fried guilty on 7 criminal counts last november for stealing billions of dollars from his crypto exchange platform. f t x prosecutor say that he defrauded tens of thousands of customers all around the world spending over $80000000000.00 of their savings on his luxury homes and risky investments. i asked fina
the, the dw news line from berlin tonight, the convicted crypto currency king sentenced a 25 years in prison, san bakeman frames window, customers out of millions of dollars blowing money on a luxury lifestyle and risky investments. also coming up outrage as the united nations picks and saudi arabia to lead a women's rights commission. critics describing this as an abysmal record on gender equality in the country. and france backing a ban on discrimination based on people's fear style mean...
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Mar 27, 2024
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we will talk crypto with mike nova grass. that conversation you do not want to miss. this is bloomberg technology. ♪ we're letting curiosity light the way. asking smart questions about opportunities like advances in healthcare. and how these innovations will create a healthier world tomorrow. better questions. better outcomes. ed: welcome back to bloomberg technology. a very quick check in on the markets as we approach the end of the first quarter. basically flat on most major indices particular the tech heavy ones. philadelphia semiconductor index there's a few interesting stories out there. you can see just above my hand to sense a share delisted by the nyse monday. this morning's news that they are cutting prices to try and save themselves. go on bloomberg.com and read about what's happening. nvidia also down 3%. there was so much material content out there at the moment. it still continuing to be the leader of the pack but it is from a points basis a bit of a drag on some of the indexes which is why i put it in that board. we are looking at bitcoin as we always
we will talk crypto with mike nova grass. that conversation you do not want to miss. this is bloomberg technology. ♪ we're letting curiosity light the way. asking smart questions about opportunities like advances in healthcare. and how these innovations will create a healthier world tomorrow. better questions. better outcomes. ed: welcome back to bloomberg technology. a very quick check in on the markets as we approach the end of the first quarter. basically flat on most major indices...
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Mar 28, 2024
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a reckoning for the fallen crypto king. sam bankman—fried is due to be sentenced for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. more industrial action against amazon as workers in birmingham in the uk strike over pay and union rights. welcome to world business report. we start in the new york — where sam bankman—fried — the former cryptocurrency tycoon convicted of stealing billions of dollars from customers — is due to be sentenced for his crimes. the 32—year old founder of the collapsed crypto exchange ftx could face decades in prison.
a reckoning for the fallen crypto king. sam bankman—fried is due to be sentenced for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. more industrial action against amazon as workers in birmingham in the uk strike over pay and union rights. welcome to world business report. we start in the new york — where sam bankman—fried — the former cryptocurrency tycoon convicted of stealing billions of dollars from customers — is due to be sentenced...
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Mar 21, 2024
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crypto is decentralised online currency. we haven't seen that specific report but we are going to speak now to mark fitzpatrick... associate fellow for strategy, technology and arms control at the international institute for strategic studies. what are the broad allegations here, what is north korea accused of doing? what is north korea accused of doinu ? . , , ., , doing? immediate news is that they are accused — doing? immediate news is that they are accused of— doing? immediate news is that they are accused of stealing _ doing? immediate news is that they are accused of stealing vast - doing? immediate news is that they are accused of stealing vast sums i doing? immediate news is that theyi are accused of stealing vast sums of money through crypto currency exchanges and some directly crypto attacks on financial institutions to the tune of $3 billion. the other part of the equation is that they are using a large part of this money to fund their nuclear programme, so they are both thieves and very dangerous actors on th
crypto is decentralised online currency. we haven't seen that specific report but we are going to speak now to mark fitzpatrick... associate fellow for strategy, technology and arms control at the international institute for strategic studies. what are the broad allegations here, what is north korea accused of doing? what is north korea accused of doinu ? . , , ., , doing? immediate news is that they are accused — doing? immediate news is that they are accused of— doing? immediate news is...
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Mar 28, 2024
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uncertainty when it comes to the broader crypto space —— so much regulatory uncertainty. you shouldn't be able to cheat people, there should be well crafted laws and regulation that protects freedom and that is good because it shouldn't be easy for unethical people to steal our counterfeit money. there is nothing wrong with security, what he was issuing mod security, what he was issuing mod security, but issues need to disclose the risks so that investors understand who is in control. who can make decisions that will potentially affect their money. bitcoin is a decentralised asset and commodity that nobody can control and emission is to remove the ability to print money out of thin air, which is what sbf was doing and why he harmed so many people because he still that money. we why he harmed so many people because he still that money.— he still that money. we believe it there as we _ he still that money. we believe it there as we continue _ he still that money. we believe it there as we continue to _ he still that money. we believe it there as we continue to watch - he
uncertainty when it comes to the broader crypto space —— so much regulatory uncertainty. you shouldn't be able to cheat people, there should be well crafted laws and regulation that protects freedom and that is good because it shouldn't be easy for unethical people to steal our counterfeit money. there is nothing wrong with security, what he was issuing mod security, what he was issuing mod security, but issues need to disclose the risks so that investors understand who is in control. who...
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Mar 29, 2024
03/24
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. >>> former crypto mogul sam bankman-fried sentenced to 25 years for massive fraud. his apology in court before learning his fate. >>> on the east coast, the soaking rain and flood risk. >>> the race for 2024. president biden sharing the stage tonight with barack obama and bill clinton at a star-studded fundraiser. just miles away, former president trump at the wake for a slain nypd officer as he campaigns on the issue of crime. >>> the mission to protect the giants of the sea. inside the new whale traffic control. >>> and as small-town papers disappear, harry smith takes us to maine, where local news is getting a lifeline. >> announcer: this is "nbc nightly news" with lester holt. >> good evening and welcome. tonight, we are getting our closest look yet at the precarious remains of baltimore's francis scott key bridge and the out-of-control container ship that toppled it. our team out with the army corps of engineers today as they prepare for the formidable challenge of clearing the blocked channel. tonight, special equipment is on the way to begin the work, while t
. >>> former crypto mogul sam bankman-fried sentenced to 25 years for massive fraud. his apology in court before learning his fate. >>> on the east coast, the soaking rain and flood risk. >>> the race for 2024. president biden sharing the stage tonight with barack obama and bill clinton at a star-studded fundraiser. just miles away, former president trump at the wake for a slain nypd officer as he campaigns on the issue of crime. >>> the mission to protect...
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Mar 29, 2024
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failed for 25 years, a former billionaire crypto boss sam bankman-fried is cvicted of one of the biggest financial frauds in u.s. history. also coming up on "the world today," tackling homelessness through football. we look at a new netflix movie helping to make a change. ♪ hello and welcome to the world today from bbc news where we start with breaking news coming in to us now from south africa, where at least 45 people have died in a bus crash. the department of transport says the vehicle, traveling from botswana to limpopo province, plunged off a high bridge into a ravine after colliding with the crash barrier. it then burst into flames when it hit the ground. local media is reporting that an eight-year-old girl was the only survivor. the precise cause of the crash is currently being investigated. just to reiterate what we just told you, there has been a serious bus crash in south africa. transportation authorities have been informing us that we believe that 45 people at least have been killed in this crash. this vehicle plunged off a high bridge into a ravine, colliding with a crash
failed for 25 years, a former billionaire crypto boss sam bankman-fried is cvicted of one of the biggest financial frauds in u.s. history. also coming up on "the world today," tackling homelessness through football. we look at a new netflix movie helping to make a change. ♪ hello and welcome to the world today from bbc news where we start with breaking news coming in to us now from south africa, where at least 45 people have died in a bus crash. the department of transport says the...
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Mar 28, 2024
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b s t x crypto exchange. the united nations says the dogs will, has cause the wills launches displacement crisis. millions of people have been forced from that homes and all facing acute food shortages, heavy funds. it continues hundreds of thousands of fleeting to neighboring countries. welcome web reports from a transit camp and south sea don's board, a town of rank every morning, selma adam sends her granddaughter to maya to try and sell some of the few remaining items of clothing throughout many biases in this transit camp in south see don fulton hall familia and people have arrived here in the last year. things to don civil war. most everyone struggling to get by the sale means to my assignment evil. today. they said fighting in c times capital cost 2 months ago to my father died soon after arriving here and left selma to look off to her grandchildren. the you, the not got a phone kind of to use. the one is the con i often we arrive to, we took my son to the hospital, he'd been ill for months without any
b s t x crypto exchange. the united nations says the dogs will, has cause the wills launches displacement crisis. millions of people have been forced from that homes and all facing acute food shortages, heavy funds. it continues hundreds of thousands of fleeting to neighboring countries. welcome web reports from a transit camp and south sea don's board, a town of rank every morning, selma adam sends her granddaughter to maya to try and sell some of the few remaining items of clothing throughout...
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Mar 28, 2024
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i asked him, have you killed crypto? it was in the doldrums. we had seen previous scandals in 2022 and his was the worst by far. he said at the time i hope not, and i don't think it has because i think it stronger than that. it turns out he was right. if you look at the state of crypto now it has slowly this year built up and built up and it is stronger than ever. . ~' built up and it is stronger than ever. ., ~ , ., y built up and it is stronger than ever. ., ~ i. , . built up and it is stronger than ever. . ~' y . ., ever. thank you very much. you will be back with — ever. thank you very much. you will be back with me _ ever. thank you very much. you will be back with me in _ ever. thank you very much. you will be back with me in a _ ever. thank you very much. you will be back with me in a little _ ever. thank you very much. you will be back with me in a little while. i we're expecting sentencing to take place in new york in the coming hours. we will of course bring you the latest from the courthouse as soon as we get it. you can watch our
i asked him, have you killed crypto? it was in the doldrums. we had seen previous scandals in 2022 and his was the worst by far. he said at the time i hope not, and i don't think it has because i think it stronger than that. it turns out he was right. if you look at the state of crypto now it has slowly this year built up and built up and it is stronger than ever. . ~' built up and it is stronger than ever. ., ~ , ., y built up and it is stronger than ever. ., ~ i. , . built up and it is...
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Mar 28, 2024
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let's get another look at cryptos if we can. we should point out we are awaiting the sentencing of sam bankman-fried. adam, come back in here. does today's news have any significant impact on the crypto markets? we know that prosecutors want, what, 40, 50, 60 years and defense attorney says 5 years and appears the judge will come down hard. >> yeah, unlike what's happening in los angeles with reparations for dodger's stadium, there's no reparations in the market but there'll be certainly punishment for mr. bankman-fried. he did something he should never have done. he commingled his funds accounts with customer accounts. you can't do that. it's illegal. no matter how you slice it. he knows that he shouldn't have done that. he admitted it, which is why the trial happened very quickly and while he will be sentenced to jail. you know, markets, we live in such a strange world, ashley. you know, you and lauren talking about transgender sports in reparations and all the d do ovs and interpretations and the markets are very honest. you
let's get another look at cryptos if we can. we should point out we are awaiting the sentencing of sam bankman-fried. adam, come back in here. does today's news have any significant impact on the crypto markets? we know that prosecutors want, what, 40, 50, 60 years and defense attorney says 5 years and appears the judge will come down hard. >> yeah, unlike what's happening in los angeles with reparations for dodger's stadium, there's no reparations in the market but there'll be certainly...
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Mar 28, 2024
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what does this mean for the larger crypto sector it means a good thing. we have seen record high prices in last six months that speaks to the grifters wash out. >> thank you great to see you i know you are heading to the court room right now good luck. >> thank you. >>> coming up on "worldwide exchange," as the s&p preparing to wrap the best first quarter in a half a decade, what jim cramer is saying fear of the b pullback is not an option. british announcer: rose is really struggling. it's something you build over time. american announcer: that's 21 missed cuts in a row. [car trunk slammed shut] for 88 years, morgan stanley has offered clients determination and forward thinking to create the future... crowd: stop it! ...only you can see. american announcer: rose, back in the winner's circle. [crowd cheers] [music out] >>> welcome back we are watching shares of amazon this morning the stock coming off a 1% pop p yesterday after announcing it will invest $2.7 billion in anthropic. that startup is a competitor to openai's chatgpt amazon announced an initial
what does this mean for the larger crypto sector it means a good thing. we have seen record high prices in last six months that speaks to the grifters wash out. >> thank you great to see you i know you are heading to the court room right now good luck. >> thank you. >>> coming up on "worldwide exchange," as the s&p preparing to wrap the best first quarter in a half a decade, what jim cramer is saying fear of the b pullback is not an option. british announcer:...
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Mar 28, 2024
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prosecution closing this chapter, it's a crypto story continuing. lisa: continuing on that, what kind of domino effect could we see in the ruling today? as well as the others wrapped up in the scheme that he had? david: that's a great question. he pled guilty and faces federal prison time. alice mission ski going on trial -- alex mission ski is going on trial in the building behind me. prominent individuals on trial in the coming months. but what does it mean for the broader conversation about regulation and how crypto is regarded? it's fascinating to me that it didn't serve as the catalyst many thought that it would. with sam bankman-fried arrested, some thought it would collapse and it wasn't the case. others thought it would expedite regulation to change regulatory structures in washington. that hasn't happened either. a lot is at play and happening as a result. it's not leading to the changes some thought. jonathan: david, old friend, fantastic to see you back on our screens. providing coverage of this story throughout the day on bloomberg tv an
prosecution closing this chapter, it's a crypto story continuing. lisa: continuing on that, what kind of domino effect could we see in the ruling today? as well as the others wrapped up in the scheme that he had? david: that's a great question. he pled guilty and faces federal prison time. alice mission ski going on trial -- alex mission ski is going on trial in the building behind me. prominent individuals on trial in the coming months. but what does it mean for the broader conversation about...
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Mar 28, 2024
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issues, crypto complexity. instead they focussed on follow the money, look at the money, it was stolen that's what the case was about as quickly as the jury returned the verdict in this case, that's exactly how the jury perceived it i think the government did a great job trying the case. i think the defense did the best job with what it had, which was little the government gets high marks. >> on that note, jacob, it wasn't as planned, thought through ponzi scheme as with bernie madoff. the prosecutors didn't have that much evidence. the rebound we've seen in crypto prices, had bankman-fried did this temporarily, might he have got away with it all >> well, you know, that's a great question i think the judge is very much going to view his conduct as very much premeditated we have to look at it as to what happened at the time clearly there are probably many fraud cases that have been -- that have never been investigated or brought merely because investors have been made whole during the perpetration of the fraud.
issues, crypto complexity. instead they focussed on follow the money, look at the money, it was stolen that's what the case was about as quickly as the jury returned the verdict in this case, that's exactly how the jury perceived it i think the government did a great job trying the case. i think the defense did the best job with what it had, which was little the government gets high marks. >> on that note, jacob, it wasn't as planned, thought through ponzi scheme as with bernie madoff....
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Mar 28, 2024
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so what does this mean for crypto overall, do you think, or does it mean anything for crypto overall? >> it means a lot of people who thought it was a legitimate long-term investment or a hedge for inflation, those people -- those people really lost. they lost out here. it looks like it was more like a casino or a game or a video game than anything else. i mean, look, there are legitimate ways to invest in crypto, but the really sad part about this story, there were a lot of people who were investing with him and in cryptocurrencies who shouldn't have been. this was not the right kind of investment for them. they should have been in something more in line with their own risk. there's already the risk of crypto and then you have the fraudulent actors in that space. >> yeah, i mean, there are parts of this story that without a doubt are laughable just because they're so crazy. >> you couldn't write it. >> on their face, but for people who are victims of it it's a whole other thing. christine romans and zeka faux, thank you so much. >>> the return of america's favorite pastime is officia
so what does this mean for crypto overall, do you think, or does it mean anything for crypto overall? >> it means a lot of people who thought it was a legitimate long-term investment or a hedge for inflation, those people -- those people really lost. they lost out here. it looks like it was more like a casino or a game or a video game than anything else. i mean, look, there are legitimate ways to invest in crypto, but the really sad part about this story, there were a lot of people who...
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Mar 29, 2024
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speaking in court before his sentencing, the man who was known as the crypto king apologised and said he'd made a series of bad decisions. he said he knew a lot of people feel really let down. we'll have more details on that sentencing in our business coverage a little later on this hour. around the world and across the uk, this is bbc news. you're live with bbc news. it was one of last summer's big blockbuster movies and it swept the board during the awards season. but up until now, people injapan haven't been able to see the film oppenheimer. that changes today when it gets a cinema release. the film tells the story of the scientist j robert oppenheimer. this is a national emergency. detonators charged. we this is a national emergency. detonators charged.- this is a national emergency. detonators charged. we are in a race against _ detonators charged. we are in a race against the _ detonators charged. we are in a race against the nazis _ detonators charged. we are in a race against the nazis and - detonators charged. we are in a race against the nazis and i - race against the nazis
speaking in court before his sentencing, the man who was known as the crypto king apologised and said he'd made a series of bad decisions. he said he knew a lot of people feel really let down. we'll have more details on that sentencing in our business coverage a little later on this hour. around the world and across the uk, this is bbc news. you're live with bbc news. it was one of last summer's big blockbuster movies and it swept the board during the awards season. but up until now, people...
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Mar 28, 2024
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and crypto—skeptic ben mckenzie. and yet, now, you, us, taxpayers subsidise those private firms to the tune of billions of pounds every year. so is the tide turning against privatisation? economics editor ben chu and political editor nick watt. then, what is happening with macro i? then, what is happening with macro 1? w ., , ., , then, what is happening with macro 1? the fact that these thames water shareholders — 1? the fact that these thames water shareholders have _ 1? the fact that these thames water shareholders have refused _ 1? the fact that these thames water shareholders have refused to - 1? the fact that these thames water shareholders have refused to put - shareholders have refused to put this extra money into the company doesn't make nationalisation eventually inevitable —— thames water. but it does make it a lot more likely it would otherwise have been. if it does happen, it wouldn't been. if it does happen, it wouldn't be a willing nationalisation and no doubt ministers would try and get the comp
and crypto—skeptic ben mckenzie. and yet, now, you, us, taxpayers subsidise those private firms to the tune of billions of pounds every year. so is the tide turning against privatisation? economics editor ben chu and political editor nick watt. then, what is happening with macro i? then, what is happening with macro 1? w ., , ., , then, what is happening with macro 1? the fact that these thames water shareholders — 1? the fact that these thames water shareholders have _ 1? the fact that...
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the, the, this is dw news live and from berlin. tonight, the convicted crypto currency king sentenced a 25 years in prison. sam bakeman fried, swindled the customers of the billions of dollars. the judge today saying it is clear that he only regrets that he got com, also coming up to an outrage as the united nations fixed saudi arabia to head a women's rights commission. critics pointing to the countries of business records on gender equality and france backs a ban on discrimination based on people's hair style, main victims of prejudice, black women, to get a job. any say they've been forced to treat their hair with chemical. the regard to our view is watching on p b as in the united states and to all of you around the world. welcome, former 1000000000 air crypto boss, sam bakeman freed, has been sentenced to 25 years in prison for multi 1000000000 dollar fraud. they've been freed sentence was handed down at a manhattan court house today. last november, a jury found him guilty on 7 criminal counts for stealing billions of dollars from his crypto exchange platform f t. x. prosecutors
the, the, this is dw news live and from berlin. tonight, the convicted crypto currency king sentenced a 25 years in prison. sam bakeman fried, swindled the customers of the billions of dollars. the judge today saying it is clear that he only regrets that he got com, also coming up to an outrage as the united nations fixed saudi arabia to head a women's rights commission. critics pointing to the countries of business records on gender equality and france backs a ban on discrimination based on...
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Mar 29, 2024
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to 25 years in prison after crypto fraud stealing billions of customers, your reaction i know you're predicting that bitcoin can hit $100,000. >> yes. bitcoin 100,000 before the end of the year in ethereum 5000 before the end of the year are my targets. in terms of sam bankman-fried it's so great to see someone criminally prosecuted and sentenced. in terms of the tenor of the sentence it won't be long enough we did not have near enough connection to fts thankfully but i will say it's good that were closing the chapter on essentially a lot of fraudulent and criminal activity i thinking crypto. i wish that the regulators would get their act together with legislatures and make this industry much more credible. it's their fault frankly i think they've done a slow roll on both ends but nevertheless the industry is mature so much so obviously bitcoin etf's have been reported widely in the past week we've seen blackrock launch a money market fund that's focused on ethereum were seeing real world cases tokenized in the gold fund. we'll see a lot of financial products tokenized because it's f
to 25 years in prison after crypto fraud stealing billions of customers, your reaction i know you're predicting that bitcoin can hit $100,000. >> yes. bitcoin 100,000 before the end of the year in ethereum 5000 before the end of the year are my targets. in terms of sam bankman-fried it's so great to see someone criminally prosecuted and sentenced. in terms of the tenor of the sentence it won't be long enough we did not have near enough connection to fts thankfully but i will say it's good...
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Mar 29, 2024
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crypto is trading as it does 24/7 and it is making unusual moves. meantime it is my honor to bring kelly o'grady to this, kelly was all over the sam bankman-fried and you are putting up with crazy people walking around you and that's just your producer. a lot of people, couldn't understand this, were saying 25 years, he got off lightly. that still a lot of time. >> it is. he's 32 years old. there's a lot of factors that go into sentencing. the message it sends to society and to him but can he be rehabilitated. something that goes into revegetation's where he is going to spend his next 25 years. we took a little bit of a look into that. the judge suggested he be transferred to long-term facility as low or medium security facility and one of the big things they were focusing on in the defense argument was his diet. why looked at various prison standards standard menu, chickpea tacos, baked ziti, the judge recommended that he would serve that 25 years in the san francisco bay area. you can see those on-screen, low security gives you more flexibility to
crypto is trading as it does 24/7 and it is making unusual moves. meantime it is my honor to bring kelly o'grady to this, kelly was all over the sam bankman-fried and you are putting up with crazy people walking around you and that's just your producer. a lot of people, couldn't understand this, were saying 25 years, he got off lightly. that still a lot of time. >> it is. he's 32 years old. there's a lot of factors that go into sentencing. the message it sends to society and to him but...