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Former FTX users say the crypto exchange's failure was a "Ponzi scheme".  Here's how it works and what we know about how Sam Bankman-Fried works

Former FTX users say the crypto exchange’s failure was a “Ponzi scheme”. Here’s how it works and what we know about how Sam Bankman-Fried works

Until recently, Sam Bankman-Fried, or SBF, was crypto’s golden boy, known for turning his cryptocurrency exchange, FTX, into a $32 billion giant in just two years. But the disheveled, left-leaning 30-year-old was living a lie. SBF, who claimed to be a minimalist philanthropist, had used client funds to prop up his failing crypto empire and …

Former FTX users say the crypto exchange’s failure was a “Ponzi scheme”. Here’s how it works and what we know about how Sam Bankman-Fried works Read More »

Looking to quit Twitter?  Here are the social networks that are seeing new users now

Looking to quit Twitter? Here are the social networks that are seeing new users now

Elon Musk’s acquisition of Twitter has prompted many longtime users to seek out alternative social networks. Amy Osborne/AFP via Getty Images hide caption toggle caption Amy Osborne/AFP via Getty Images Elon Musk’s acquisition of Twitter has prompted many longtime users to seek out alternative social networks. Amy Osborne/AFP via Getty Images Since Elon Musk bought …

Looking to quit Twitter? Here are the social networks that are seeing new users now Read More »