FTX was a crypto exchange that allowed its users to buy, sell, and hold cryptocurrencies, and use financial mechanisms to bet on those tokens' price movements. It collapsed in November 2022 following a rush of withdrawals, with the exchange unable to account for billions of dollars in customer funds. Upon filing for bankruptcy, FTX owed its top 50 creditors alone $3.1 billion. Federal prosecutors charged Bankman-Fried with fraud, conspiracy to commit money laundering, and several other counts.
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Denne historien er fra October 23, 2023-utgaven av Time.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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A timely thriller for a mad, mad world
A’70s-style paranoid thriller grounded in the partisan polarization of today
Freshwater reserves
A troubling dip
An exuberant ode to human possibility
VERY RARELY DOES THE RIGHT MOVIE ARRIVE AT precisely the right time, at a moment when compassion is in short supply and the collective human imagination has come to feel shrunken and desiccated.
Broadcasting a crisis for the world to see
ON SEPT. 5, 1972, A 32-YEAR-OLD PRODUCER NAMED Geoffrey S. Mason was working in a control room for ABC Sports in Munich while 12 hostages, including several members of the Israeli Olympic delegation, were being held in a building nearby.
The Power of the Peer
WITH MENTAL-HEALTH CARE IN SHORT SUPPLY, CAN REGULAR PEOPLE FILL THE GAP?
QUEERING THE STORY
Luca Guadagnino directs Daniel Craig in an adaptation of William S. Burroughs' 1985 novella Queer
Shopping under the influence
LTK CO-FOUNDER AMBER VENZ BOX SAW THE FUTURE OF RETAIL. IT TOOK YEARS FOR THE REST OF THE WORLD TO CATCH UP
The Kingmaker
Elon Musk's partnership with the President-elect
Turkey's Erdogan plots his next power grab
RECEP TAYYIP Erdogan is a political survivor.
Why maiden names matter in the age of AI and identity
IN THE DIGITAL AGE, A NAME IS MORE THAN JUST A label. It's tied to our professional history and social media presence.
