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sam bankman—fried, once known as the king of crypto has been given 25 years in jail. he used to be the boss of the ftx exchange, but was found guilty of swindling customers and investors. he's been ordered to forfeit $11 billion which can be used to compensate victims. he's expected to appeal. european and us markets are closed for the east weekend holidays. yesterday london hit a one—year high while frankfurt inched higher and paris ended flat as traders continued to weigh the recent uptick in inflation. asian indices closed mixed after a senior federal reserve official floated the idea of delaying or reducing cuts to us interest rates, boosting the dollar. major stock markets "are still hovering around record levels as investors continue the world." don't forget you can get in touch with me and some of the team on twitter. hello from the bbc sport centre. xabi alonso has confirmed that he will remain with bundesliga club bayer leverkusen next season, ending speculation linking him the future managerial vacancies at liverpool and bayern munich. alonso has led lever
sam bankman—fried, once known as the king of crypto has been given 25 years in jail. he used to be the boss of the ftx exchange, but was found guilty of swindling customers and investors. he's been ordered to forfeit $11 billion which can be used to compensate victims. he's expected to appeal. european and us markets are closed for the east weekend holidays. yesterday london hit a one—year high while frankfurt inched higher and paris ended flat as traders continued to weigh the recent...
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to the us now, where the man once known as the king of crypto has been given 25 years in jail. sam bankman—fried used to be the boss of the ftx exchange — but was found guilty of swindling customers and investors. he's been ordered to forfeit $11 billion dollars — which can be used to compensate victims. he's expected to appeal the sentence — but it could be an uphill battle — sam bankman—fried used to be the boss of the ftx exchange — thejudge had to decide the judge had to decide a thejudge had to decide a couple the judge had to decide a couple of things, and taking into account the sentencing he was considering the age, the losses involved, the impact of the victims, but also the message of the victims, but also the message of deterrence and ultimately he settled on 25 years for sam bankman—fried. it was less than lawyers who had been prosecuting the case had been asking for. they wanted 40—50 years. lawyers for sam bankman—fried were saying he should get less than seven years. judge lewis kaplan decided that splitting the difference in the middle was th
to the us now, where the man once known as the king of crypto has been given 25 years in jail. sam bankman—fried used to be the boss of the ftx exchange — but was found guilty of swindling customers and investors. he's been ordered to forfeit $11 billion dollars — which can be used to compensate victims. he's expected to appeal the sentence — but it could be an uphill battle — sam bankman—fried used to be the boss of the ftx exchange — thejudge had to decide the judge had to...
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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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plus, 25 years injail for the former king of crypto. has the downfall of sam bankman—fried done permanent harm to the digital currency dream?
plus, 25 years injail for the former king of crypto. has the downfall of sam bankman—fried done permanent harm to the digital currency dream?
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sam bankman—fried, the 32—year—old once known as the crypto king, is sentenced to prison. the white house approves money to help the us state of maryland respond to the deadly collpase of a bridge in baltimore. hello. i'm caitriona perry. you've very welcome. let's start in the middle east, where the syrian defence ministry says israel carried out an air strike on the city of aleppo. reports say at least 36 people — including some hezbollah fighters — were killed. syrian officials say aleppo had also come under fire from drones launched by what it called "terrorist groups". a british—based monitoring group the syrian observatory for human rights said the strikes targeted weapons stores near aleppo international airport. contacted by the afp news agency, the israeli military said it would "not comment on reports in the foreign media". the international court ofjustice has ordered israel to take all necessary action to ensure that basic food supplies reach palestinians facing hunger in gaza. thejudges said the israeli military must not violate the international convent
sam bankman—fried, the 32—year—old once known as the crypto king, is sentenced to prison. the white house approves money to help the us state of maryland respond to the deadly collpase of a bridge in baltimore. hello. i'm caitriona perry. you've very welcome. let's start in the middle east, where the syrian defence ministry says israel carried out an air strike on the city of aleppo. reports say at least 36 people — including some hezbollah fighters — were killed. syrian officials say...
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sam bankman—fried, the 32—year—old once known as the crypto king, is sentenced to prison. the white house approves money to help the us state of maryland respond to the deadly collpase of a bridge in baltimore. hello. i'm caitriona perry. you've very welcome. let's start in the middle east, where the syrian defence ministry says israel carried out an air strike on the city of aleppo. reports say at least 36 people — including some hezbollah fighters — were killed. syrian officials say aleppo had also come under fire from drones launched by what it called "terrorist groups". a british—based monitoring group the syrian 0bservatory for human rights said the strikes targeted weapons stores near aleppo international airport. contacted by the afp news agency, the israeli military said it would "not comment on reports in the foreign media".
sam bankman—fried, the 32—year—old once known as the crypto king, is sentenced to prison. the white house approves money to help the us state of maryland respond to the deadly collpase of a bridge in baltimore. hello. i'm caitriona perry. you've very welcome. let's start in the middle east, where the syrian defence ministry says israel carried out an air strike on the city of aleppo. reports say at least 36 people — including some hezbollah fighters — were killed. syrian officials say...
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the founder of the bankrupt crypto currency exchange ftx, sam bankman—fried, has been sentenced to 25 years in prison. a federaljudge at manhattan court house ruled that the 32—year—old knew he acted criminally but had shown no remorse. mr bankman—fried, who's expected to appeal the sentence, apologised for his actions but did not admit to criminal wrongdoing. he was found guilty of fraud and money laundering last year. before his firm's collapse in 2022, the former billionaire became a celebrity atop a crypto empire. prosecutors said he raided customer accounts for bribes, illegal political donations and risky investments. our business correspondent michelle fleury has more. thejudge had to decide a couple of things and took into account age, losses involved an impact on the victims and also the message of the tarrant and he settled on 25 years for sam bankman—fried, sending him to prison for that time. it was less than lawyers who had been prosecuting the case had asked for you wanting, 14—15 years and by contrast lawyers for mr bankman—fried said he should get less than
the founder of the bankrupt crypto currency exchange ftx, sam bankman—fried, has been sentenced to 25 years in prison. a federaljudge at manhattan court house ruled that the 32—year—old knew he acted criminally but had shown no remorse. mr bankman—fried, who's expected to appeal the sentence, apologised for his actions but did not admit to criminal wrongdoing. he was found guilty of fraud and money laundering last year. before his firm's collapse in 2022, the former billionaire became a...
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sam bankman—fried, once known as the �*crypto king', is sentenced to prison. the white house approves money to help the us state of maryland respond to the deadly collpase of a bridge in baltimore. and wall streetjournal reporter evan gershkovich marks a year in russian detention. hello, i'm caitriona perry. we begin in new york with what's being called one of the biggest financial crimes in us history. the founder of the bankrupt crypto currency exchange ftx, sam bankman—fried, has been sentenced to 25 years in prison. a federaljudge at manhattan court house ruled that the 32—year—old knew he acted criminally but had shown no remorse. mr bankman—fried, who's expected to appeal the sentence, apologised for his actions but did not admit to criminal wrongdoing. he was found guilty of fraud and money laundering last year. before his firm's collapse in 2022, the former
sam bankman—fried, once known as the �*crypto king', is sentenced to prison. the white house approves money to help the us state of maryland respond to the deadly collpase of a bridge in baltimore. and wall streetjournal reporter evan gershkovich marks a year in russian detention. hello, i'm caitriona perry. we begin in new york with what's being called one of the biggest financial crimes in us history. the founder of the bankrupt crypto currency exchange ftx, sam bankman—fried, has been...
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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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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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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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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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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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a court in new york sentences the former billionaire crypto boss — sam bankman freed to 25 years. at least 45 people have died in a bus crash in south africa — the vehicle plunged off a high bridge into a ravine after colliding with the crash barrier. the un's top court orders israel to take extra measures to ensure basic food supplies reach gaza — saying famine is already setting in. 0ppenheimer — the oscar winning film about the maker of the atomic bomb is screened for the first time injapan despite sensitivies.
a court in new york sentences the former billionaire crypto boss — sam bankman freed to 25 years. at least 45 people have died in a bus crash in south africa — the vehicle plunged off a high bridge into a ravine after colliding with the crash barrier. the un's top court orders israel to take extra measures to ensure basic food supplies reach gaza — saying famine is already setting in. 0ppenheimer — the oscar winning film about the maker of the atomic bomb is screened for the first time...
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sam was a client which makes the stable coins for crypto exchanges and that is what is being traded. tether. his other company was the biggest client of tether. so i think as regulators and law enforcement officials start to figure out what was going on, the ties between these very few players are becoming increasingly clear. they were all on a single group chat together called exchange coordination, talking about coordinating their crypto exchanges and i will leave the audience to infer what that means. m0??? and i will leave the audience to infer what that means. now that the re . ulators infer what that means. now that the regulators have _ infer what that means. now that the regulators have done _ infer what that means. now that the regulators have done what - infer what that means. now that the regulators have done what they - infer what that means. now that the | regulators have done what they have donein regulators have done what they have done in the states, and we have seen their value shoot up, i wonder if maybe you are in denial about its potential and its viability.- pote
sam was a client which makes the stable coins for crypto exchanges and that is what is being traded. tether. his other company was the biggest client of tether. so i think as regulators and law enforcement officials start to figure out what was going on, the ties between these very few players are becoming increasingly clear. they were all on a single group chat together called exchange coordination, talking about coordinating their crypto exchanges and i will leave the audience to infer what...
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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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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. ajury 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 d
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. ajury 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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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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a court in new yorkjails the former billionaire crypto boss — sam bankman freed for 25 years. unions say there's been a significant rise in violence and abuse in schools towards teachers, since covid. and — why we're all being urged — to clean out our drawers and stop hoarding old tech. a teaching union in england says its members have reported a sharp rise in levels of violence and abuse from pupils since the pandemic. nearly one in five teachers who responded to a survey commissioned by the bbc said they had been hit by a student this year. the same number said they'd also experienced verbal or online abuse from a parent or guardian since september. here's more from education correspondent, elaine dunkley. across the country, clips posted on social media give an insight into the chaos in classrooms. the room got absolutely ransacked. the boards were ripped off the wall, displays were snapped and broken. you're going to get people shouting at you. when it comes to teenagers and what they're saying, quite sexualised. teachers pushed to the brink because of bad behaviour. t
a court in new yorkjails the former billionaire crypto boss — sam bankman freed for 25 years. unions say there's been a significant rise in violence and abuse in schools towards teachers, since covid. and — why we're all being urged — to clean out our drawers and stop hoarding old tech. a teaching union in england says its members have reported a sharp rise in levels of violence and abuse from pupils since the pandemic. nearly one in five teachers who responded to a survey commissioned by...
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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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the former billionaire crypto boss sam bankman freed, who was convicted for one of the biggest financial frauds in us history. also coming up on the world today: tackling homelessness through football, we take a look at a new netflix movie hoping to make a change. welcome to the world today an hour of international news from the bbc. some breaking news to
the former billionaire crypto boss sam bankman freed, who was convicted for one of the biggest financial frauds in us history. also coming up on the world today: tackling homelessness through football, we take a look at a new netflix movie hoping to make a change. welcome to the world today an hour of international news from the bbc. some breaking news to
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he was dubbed the crypto king. 32—year—old sam bankman—fried became a billionaire through his cryptocurrency exchange platform ftx, but but the company collapsed spectacularly in 2022. now he will spend 25 years in prison for lying to investors and stealing customers funds. for more on this here's our north america business correspondent erin delmore. tell us more about it. the judge tell us more about it. the 'udge said today in i tell us more about it. the 'udge said today in a i tell us more about it. the 'udge said today in a court * tell us more about it. the judge said today in a court house - tell us more about it. the judge l said today in a court house behind me that he rejected entirely sam bankman—fried's claims that there were no actual losses when the cryptocurrency exchange ftx collapsed in november 2022. instead, thejudge pointed collapsed in november 2022. instead, the judge pointed to $8 collapsed in november 2022. instead, thejudge pointed to $8 billion in losses from customers, and more losses from customers, and more losses by creditors and investors totalling more than
he was dubbed the crypto king. 32—year—old sam bankman—fried became a billionaire through his cryptocurrency exchange platform ftx, but but the company collapsed spectacularly in 2022. now he will spend 25 years in prison for lying to investors and stealing customers funds. for more on this here's our north america business correspondent erin delmore. tell us more about it. the judge tell us more about it. the 'udge said today in i tell us more about it. the 'udge said today in a i tell...
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the former billionaire crypto boss — sam bankman freed — who was convicted for one of the biggest financial crimes in us history — is about to be sentenced. and a special message from the king marking maundy thursday. we need and benefit greatly from those who extend the hand of friendship to us, especially in a time of need. hello, i'm matthew amroliwala, welcome to verified live, welcome to verified live. it's been described as the uk's most widespread miscarriage ofjustice — the post office scandal, where hundreds of sub—postmasters and postmistresses were prosecuted for stealing money because of incorrect information provided by a computer system called horizon. the scandal has made headlines across the world — and now, a draft report uncovered by the bbc shows the post office spent 100 million pounds of public money fighting sub—postmasters in court despite knowing its defence was untrue. the document reveals the post office was shown evidence by 2017 that losses could be due to errors in the horizon it system or remote tampering. but it kept arguing until 2019 in the bates v
the former billionaire crypto boss — sam bankman freed — who was convicted for one of the biggest financial crimes in us history — is about to be sentenced. and a special message from the king marking maundy thursday. we need and benefit greatly from those who extend the hand of friendship to us, especially in a time of need. hello, i'm matthew amroliwala, welcome to verified live, welcome to verified live. it's been described as the uk's most widespread miscarriage ofjustice — the post...
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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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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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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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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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the former billionaire crypto boss sam bankman—fried, who was convicted for one of the biggest financial crimes in us history, is about to be sentenced. these are the live pictures from outside the manhattan federal court where bankman—fried faces decades in prison forfraud and money laundering. the un investigates what it says is a plausible case of israel using starvation as a weapon of war in gaza. as india prepares to go to the polls, the country's largest minority tells the bbc they feel marginalised and suppressed — we have a special report. the most beautiful thing about india is its diversity but that is now being crushed, and the main victims are muslims. and scotland could become the first uk nation to provide terminally ill people with assistance to end their lives.
the former billionaire crypto boss sam bankman—fried, who was convicted for one of the biggest financial crimes in us history, is about to be sentenced. these are the live pictures from outside the manhattan federal court where bankman—fried faces decades in prison forfraud and money laundering. the un investigates what it says is a plausible case of israel using starvation as a weapon of war in gaza. as india prepares to go to the polls, the country's largest minority tells the bbc they...
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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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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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former billionaire crypto boss sam bankman—fried, who was convicted of fraud and money laundering last year, returns to court for sentencing. scotland could become the first uk nation to provide terminally ill people with assistance to end their lives if a bill that has been introduced at holyrood is approved. the thames water crisis deepens as shareholders refuse to inject extra money into the uk's largest water company. and queen camilla departs the royal maundy thursday service — there's a message from the absent king. we need and benefit greatly from those who extend the hand of friendship to us. especially in a time of need. hello, welcome to bbc news now, three hours of fast—moving news, interviews and reaction.
former billionaire crypto boss sam bankman—fried, who was convicted of fraud and money laundering last year, returns to court for sentencing. scotland could become the first uk nation to provide terminally ill people with assistance to end their lives if a bill that has been introduced at holyrood is approved. the thames water crisis deepens as shareholders refuse to inject extra money into the uk's largest water company. and queen camilla departs the royal maundy thursday service — there's...
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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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former billionaire crypto boss sam bankman—fried — who was convicted of fraud and money laundering last year — returns to court for sentencing. thames water crisis deepens as shareholders refuse to inject extra money into the uk�*s largest water company. two bodies inside a submerged pickup truck have been recovered from beneath the collapsed bridge in baltimore.
former billionaire crypto boss sam bankman—fried — who was convicted of fraud and money laundering last year — returns to court for sentencing. thames water crisis deepens as shareholders refuse to inject extra money into the uk�*s largest water company. two bodies inside a submerged pickup truck have been recovered from beneath the collapsed bridge in baltimore.
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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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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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and former billionaire crypto boss sam bankman—fried — who was convicted of fraud and money laundering last year — returns to court for sentencing. queen camilla arrives for the annual maundy service — with a message from the absent king. we start in the middle east, where israeli airstrikes and fierce fighting between israel and hamas have continued around at least three hospitals in the gaza strip. the israeli military says it is taking steps
and former billionaire crypto boss sam bankman—fried — who was convicted of fraud and money laundering last year — returns to court for sentencing. queen camilla arrives for the annual maundy service — with a message from the absent king. we start in the middle east, where israeli airstrikes and fierce fighting between israel and hamas have continued around at least three hospitals in the gaza strip. the israeli military says it is taking steps
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the 32—year—old founder of collapsed crypto exchange ftx could now face decades in prison. our cyber correspondentjoe tidy was the last person to interview bankman—fried before he was arrested in december 2022. he reports on the rise and downfall of the man behind one of the biggest financial crimes in us history. 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, talking crypto and making incredible profits. his hair and shabby look were all part of the appeal and brand. sbf, as he was known by legions of fans online, portrayed himself as a maths genius who wasn't interested in personal wealth. it was all about developing the cryptocurrency industry and giving to charities. this is big. but ftx, his cryptocurrency exchange that sold bitcoin and other virtual currencies for normal money, like pounds and dollars, grew to be the centrepiece of a sprawling business worth $32 billion. so, when it all came crashing down in december 2022, more th
the 32—year—old founder of collapsed crypto exchange ftx could now face decades in prison. our cyber correspondentjoe tidy was the last person to interview bankman—fried before he was arrested in december 2022. he reports on the rise and downfall of the man behind one of the biggest financial crimes in us history. 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...
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a reckoning for the fallen crypto king. sam bankman—fried to be sentenced in the next few hours for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. also coming up, spoiling the party. how soaring rents in tourist hotspots like ibiza are making locals homeless and starving businesses of vital staff. plus, sleep tight, mind the bed bugs don't bite. uk hotels have seen levels of the pest almost triple in the past two years. could ai tech bring a whole new meaning to the phrase software debugging? hello and welcome. if you just joined us, i'm sally bundock. we're looking at the top business stories. 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 collapsed crypto exchange could now face decades in prison. our cyber correspondent joe tidy was the last person to interview bankman—fried before he was
a reckoning for the fallen crypto king. sam bankman—fried to be sentenced in the next few hours for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. also coming up, spoiling the party. how soaring rents in tourist hotspots like ibiza are making locals homeless and starving businesses of vital staff. plus, sleep tight, mind the bed bugs don't bite. uk hotels have seen levels of the pest almost triple in the past two years. could ai tech bring a...
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a reckoning for the fallen crypto king. sam bankman—fried to be sentenced in the next few hours for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. also coming up, spoiling the party. how soaring rents in tourist hotspots like ibiza are making locals homeless and starving businesses of vital staff. plus, sleep tight, mind the bed bugs don't bite. uk hotels have seen levels of the pest almost triple in the past two years. could ai tech bring a whole new meaning to the phrase software debugging? hello and welcome. if you just joined us, i'm sally bundock.
a reckoning for the fallen crypto king. sam bankman—fried to be sentenced in the next few hours for stealing billions of dollars from customers of his ftx exchange. he faces decades behind bars. also coming up, spoiling the party. how soaring rents in tourist hotspots like ibiza are making locals homeless and starving businesses of vital staff. plus, sleep tight, mind the bed bugs don't bite. uk hotels have seen levels of the pest almost triple in the past two years. could ai tech bring a...
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landscape of twitter advertising right now, a lot of the ads themselves are advertising skinny products crypto schemes, there are scams in themselves and those people pushing those dubious products, drop shipping companies, they don't care. our brands like coca—cola, walmart, 0ur brands like coca—cola, walmart, of course they don't want to appear next to the start. if you are a drop shipper and your goal is to get people to click, you don't care if you are next to the most inflammatory stuff. in fact you probably want to be next to the most inflammatory stuff because it's the most high likelihood that inflammatory stuff because it's the most high likelihoo— most high likelihood that it will be clicked on. thank _ most high likelihood that it will be clicked on. thank you _ most high likelihood that it will be clicked on. thank you very - most high likelihood that it will be clicked on. thank you very much. | most high likelihood that it will be i clicked on. thank you very much. we reall do clicked on. thank you very much. we really do live — clicked on. thank you very much. we really
landscape of twitter advertising right now, a lot of the ads themselves are advertising skinny products crypto schemes, there are scams in themselves and those people pushing those dubious products, drop shipping companies, they don't care. our brands like coca—cola, walmart, 0ur brands like coca—cola, walmart, of course they don't want to appear next to the start. if you are a drop shipper and your goal is to get people to click, you don't care if you are next to the most inflammatory...
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Mar 26, 2024
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central asian migrant workers are very much disproportionately targeted by all of the shadow or crypto mobilisation efforts the kremlin is undertaking so it doesn't have to conduct general mobilisation. so basically if the russians had acted on this intelligence and done searches or intelligence and done searches or intelligence crackdowns in these communities, they would've risked creating even more discontent and alienation within the exec community as they were relying on to carry the burden of generating manpower for the war. ,, ., burden of generating manpower for the war. ,, ._ , ., burden of generating manpower for the war. ,, , ., ., the war. stay there if you would, let me bring _ the war. stay there if you would, let me bring in _ the war. stay there if you would, let me bring in our _ the war. stay there if you would, let me bring in our panel. - the war. stay there if you would, let me bring in our panel. so - the war. stay there if you would, i let me bring in our panel. so this is really interesting, but it doesn't really change the fact that after the fact in russia, the
central asian migrant workers are very much disproportionately targeted by all of the shadow or crypto mobilisation efforts the kremlin is undertaking so it doesn't have to conduct general mobilisation. so basically if the russians had acted on this intelligence and done searches or intelligence and done searches or intelligence crackdowns in these communities, they would've risked creating even more discontent and alienation within the exec community as they were relying on to carry the burden...
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Mar 21, 2024
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reports stole $3 billion in crypto currency over last seven years. crypto — decentralised, unregulated online currencies. un investigators looking into it. we haven't seen report. for more, i spoke to mark fitzpatrick, associate fellow for strategy, technology and arms control at the international institute for strategic studies. well, there's two aspects of this. the immediate news is that they're accused of stealing vast sums of money through through cryptocurrency exchanges and some directly crypto attacks on financial institutions to the tune of $3 billion. the other part of the equation is that they're using a large part of this money to fund their nuclear programme. so they're both thieves and very dangerous actors on the international stage. north korea has very skilled cyber operators who can break into bank accounts and empty them. they do this with regular bank accounts. and and i assume they do this with crypto accounts by stealing passwords or sometime or somehow breaking through the firewalls and and emptying out accounts. let's begin
reports stole $3 billion in crypto currency over last seven years. crypto — decentralised, unregulated online currencies. un investigators looking into it. we haven't seen report. for more, i spoke to mark fitzpatrick, associate fellow for strategy, technology and arms control at the international institute for strategic studies. well, there's two aspects of this. the immediate news is that they're accused of stealing vast sums of money through through cryptocurrency exchanges and some...
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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...