Bitcoin (BTC) $68,278.59 -4.05%
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Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.686879 -4.88%
Dogecoin (DOGE) $0.09 -2.97%
Cardano (ADA) $0.26 -3.68%
Chainlink (LINK) $8.77 -4.81%
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Cryptocurrencies: 28575

Markets: 116788

Market Cap: $2,330,937,494,168

24h Vol: $97,915,944,620

Bitcoin.com

2022-11-20 08:30:09

Former US Regulator Likens FTX and Sam Bankman-Fried to Bernie Madoff and His Ponzi Scheme

Former US Regulator Likens FTX and Sam Bankman-Fried to Bernie Madoff and His Ponzi Scheme

Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair likens the fall of crypto exchange FTX and its former CEO Sam Bankman-Fried to the infamous Ponzi Scheme of Bernie Madoff. “It felt very Bernie Madoff-like in that way,” she said. Former FDIC Chair Compares FTX and Sam Bankman-Fried to Bernie Madoff’s Ponzi Scheme Sheila Bair,

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