Friday, March 29, 2024

Crime & Crypto: How cryptocurrencies enable money laundering & terror funding

PRIMITIVE ACCUMULATION OF CAPITAL

Issued on: 28/03/2024 -

The case of Sam Bankman-Fried highlights how crypto-currency is being used more and more to commit crimes. The untraceable currency can be used for money laundering and even for financing terrorism. Siobhan Silke reports. Monte Francis speaks to Renato Mariotti, a former prosecutor in the US Justice Department’s Securities and Commodities Fraud Section.

08:15  Video by:  Monte FRANCIS

 

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

SHOULD BE 25 TO LIFE

Issued on: 29/03/2024 -

Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unravelled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency.

01:33 Video by:Vedika BAHL

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