FTX Crypto SCAM | America's Biggest Financial Fraud Explained In Telugu by PAVZI
Channel: PAVZI.
Date: 2023-11-07

FTX Crypto SCAM | America's Biggest Financial Fraud Explained In Telugu by PAVZI

The FTX crypto exchange filed for bankruptcy protection in November 2022. At the time, $8 billion of investors' money was missing, and more than $400 million had been stolen by hackers. 
The FTX crypto empire collapsed in November 2022. Sam Bankman-Fried, the founder and former CEO of FTX, was arrested in the Bahamas and accused of fraud and bilking investors and customers out of billions of dollars. He was found guilty by a jury on seven counts, including fraud and money laundering. 

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