Description
Added on the 22/12/2022 14:26:06 - Copyright : France 24 EN
The founder and former CEO of the cryptocurrency exchange FTX appeared in a New York court for an arraignment hearing on Tuesday. Sam Bankman-Fried's lawyers maintained his innocence amid accusations he misappropriated customer and investor funds. The trial is set for October 2 and Bankman-Fried could still change his plea. Also in the show, Microsoft recognises its first ever labour union in the US. Plus, the French government's plans for pension reform are met with united opposition from trade unions.
Sam Bankman-Fried, the co-founder of the collapsed cryptocurrency exchange FTX, leaves a New York court after a US judge ordered his release on $250 million bail. IMAGES
Sam Bankman-Fried, the disgraced head of once-leading cryptocurrency trading platform FTX, is to be extradited to the US after being arrested in the Bahamas. US prosecutors have yet to unseal the indictment against 30-year-old Bankman-Fried, who became a billionaire during the cryptocurrrency boom. In this edition, we take a closer look at the downfall of FTX, how Bankman-Fried ended up in the crosshairs of investigators and ask what's next for the wider crypto sector.
Justice
The US House’s January 6 committee has called for criminal charges to be brought against former president Donald Trump, including aiding an insurrection.