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Bitcoin News Media Blog: Former FTX CEO Sam Bankman-Fried Arrested in Bahamas, Being Extradited to US

Bitcoin News Media Blog Former FTX CEO Sam Bankman-Fried Arrested in Bahamas, Being Extradited to US The former CEO of failed cryptocurrency firm FTX, Sam Bankman-Fried, has been arrested in the Bahamas and is set to be extradited per a request by the U.S. Government. The arrest occurred late Monday with a U.S. criminal complaint unsealed Tuesday morning. U.S. Attorney Damian Williams confirmed that Bankman-Fried had been under criminal investigation by U.S. and Bahamian authorities following the collapse last month of FTX. The cryptocurrency exchange filed for bankruptcy on Nov. 11, when it reportedly ran out of funding. Bankman-Fried has remained at his Bahamian luxury compound in Nassau since the company’s failure, according to reports. “We expect to move to unseal the indictment in the morning and will have more to say at that time,” Williams said. Bahamian Attorney General Ryan Pinder said the Bahamas would “promptly” extradite Bankman-Fried to the U.S. One of those involved in

Bitcoin News Media: News Media

Bitcoin News Media Blog Binance to pay billions in US in money laundering case, CEO resigns - November 21, 2023 Binance chief executive Changpeng Zhao pleaded guilty Tuesday to US money laundering charges, in a deal that will see the cryptocurrency exchange he founded pay over $4 billion in penalties. “Binance became the world’s largest cryptocurrency exchange in part because of the crimes it committed –- now it is paying one of the largest corporate penalties in US history,” Attorney General Merrick Garland said in a statement. Binance’s guilty plea is part of coordinated action including with the Treasury Department’s Financial Crimes Enforcement Network and Office of Foreign Assets Control (OFAC), the Department of Justice said. Zhao pleaded guilty to failing to maintain an effective anti-money laundering program, the Department of Justice said, and he has resigned from his position of CEO. Zhao, who lives abroad, entered his plea in person in the United States, added Garland. Bina

Bitcoin News Media Blog: Crypto News

Bitcoin News Media Blog Crypto News Combat Sports, Sports Business and Pop Culture Google Search How we're improving search results when you use quotes - August 2022 Sometimes people know they absolutely, positively only want webpages that mention a particular word or phrase. For example, maybe you want to find out about phone chargers but only those that support wireless charging. Fortunately, Google Search has a special operator for that: quotation marks. Put quotes around any word or phrase, such as [“wireless phone chargers”], and we’ll only show pages that contain those exact words or phrases. Now we’re making quoted searches better. The snippets we display for search results (meaning the text you see describing web content) will be formed around where a quoted word or phrase occurs in a web document. That means you can more easily identify where to find them after you click the link and visit the content. On desktop, we’ll also bold the quoted material. For example, if you

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