After weeks of anger and frustration in the crypto community, the founder of SBF was officially arrested. There were however mixed feelings as to what will happen to other exchanges precum Binance. In fact, news started to surface about Binance being the subject of a potential money laundering lawsuit. Is the SBF arrest good news for the crypto market? What will happen to crypto prices?
Câteva titluri Binance din ultimele 24 de ore:
– Departamentul de Justiție al SUA poate acuza directorii Binance pentru spălare de bani
– Binance blochează retragerile pentru unele conturi pe fondul a ceea ce CEO-ul numește „comportamentul pieței doar”
– Dovada rezervelor Binance ridică semnale roșii
— Genevieve Roch-Decter, CFA (@GRDecter) December 12, 2022
The CEO of FTX crypto exchange Sam Bankman Fried (SBF) has a reputation for acquiring unsuccessful bitcoin firms. He did this to protect the crypto-community. Every time a large and well-known crypto company files for bankruptcy, Sam steps in to save the day and extends his helping hand. Să ai o mulțime de companii care au eșuat în situația ta financiară nu este un lucru bun. Cantitatea de companii ilichide pe care FTX pare să le aibă afectează negativ fluxul de numerar al corporației. Alameda Research a fost un mare învins. Information concerning the theft of internal files that FTX provided to Alameda research surfaced. This information was explosive since FTX and Alameda had close relationships. Both came to life thanks to Bankman-Fried, and there has been a great deal of worry about the extent and nature of their brotherly links. Sam Bankman-Fried, the disgraced founder of the defunct cryptocurrency exchange FTX, was detained on Monday in the Bahamas after criminal charges were brought by American authorities. The Bahamas’ government issued a statement stating that “S.B.F.’s detention followed receipt of official notification from the United States that it has filed criminal charges against S.B.F. and is likely to request his extradition.” The arrest was the most recent astounding turn of events in one of the most spectacular declines in company reputation in recent business history. According to a source with knowledge of the case, Mr. Bankman-Fried received charges for money laundering, securities fraud, wire fraud, and conspiracy to commit wire fraud. According to a statement from the Bahamian police, he remained at his apartment complex in the Albany resort just after 6 o’clock in the evening. It was unknown when Mr. Bankman-Fried will go to the US for a trial. Although the Bahamas and the United States have an extradition agreement, the procedure may take weeks or even months if the criminal defendant challenges it. Bankman-Fried trebuia să depună mărturie în fața Camerei mâine. În seara asta a fost arestat. Deși sunt dezamăgit că nu vom avea ocazia să ne prezentăm linia de întrebări, așteptăm cu nerăbdare să iasă la iveală mai multe informații și ca justiția să fie făcută în acest caz. https://t.co/HS9u1n5Kur - Alexandria Ocasio-Cortez (@AOC) December 13, 2022 In the past week, most cryptos rose by an average of 6%. First, it’s part of a rebound from the lows. At a second stage, some say that crypto prices went even higher on the news of SBF arrest. The reason for this is that people want to see the bad guys arrested. On the other hand, this might mean that regulators will officially tap into the crypto industry and start its crackdown. Maybe other CEXs will be next, such as Binance which was recently in the news. An arrest of a high-profile individual in the crypto space can create uncertainty and potentially cause a drop in the value of cryptocurrencies. This is because investors may become wary of investing in an industry that is perceived as risky or unpredictable. In addition, the arrest and any legal proceedings that may follow can create negative publicity for the crypto market, which can also impact investor confidence. However, it’s important to note that the effect of an arrest on the crypto market can vary depending on a number of factors. For example, the specific details of the arrest and the individual involved, as well as the overall state of the market, can all play a role in determining the impact. In some cases, the arrest of a single individual may not have a significant effect on the market, while in others it could potentially cause a major disruption. Căutați un instrument de analiză a graficelor asta nu vă distrage atenția cu mesajele comunității și alte zgomote? Verifică GoCharting! Acesta este un instrument de graficare online ușor de utilizat, care nu necesită descărcări sau cunoștințe anterioare. Faceți clic aici pentru a obține o reducere de 10% la prima plată (lună sau anuală)! DĂ CLIC ACEST LINK PENTRU A COMERCIALĂ CRYPTOS LA BITFINET! Source: https://cryptoticker.io/en/sbf-arrest-good-news-for-the-crypto-market/What Happened to FTX Exchange? (Recap)
SBF Arrest: What Happened?
Charges for the Arrest of SBF
How did the Crypto Market react to SBF Arrest?
Will SBF arrest have an effect on the Crypto Market?
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