Tag: Wealth Insights
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FTX Founder Sam Bankman Fried Sentenced to 25 Years in Jail
FTX founder Sam Bankman-Fried (SBF) has been sentenced to 25 years in prison for his role in defrauding customers of the now-bankrupt cryptocurrency exchange, Reuters reported . On March 28, U.S. District Judge Lewis Kaplan ruled Bankmam-Fried guilty, rejecting his claims that customers did not actually lose money and finding that he had lied during…
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Pump and Dump Scam – What Is It and How to Recognize One
Navigating the complexities of financial investments is a difficult job. Your financial safety is jeopardized not only by market conditions but also by unscrupulous people who try to steal their slice of the cake. One scheme that has recently risen to prominence among fraudulent circles is the notorious pump and dump scam. Today, we will…