Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.
Sam Bankman-Fried, the founding father of cryptocurrency trade FTX, has been remanded to jail following a bail listening to in New York. US prosecutors have deemed the disgraced crypto mogul a flight danger, accusing him of deceptive traders and manipulating digital currencies. Bankman-Fried was arrested on Thursday and has now been ordered to be held with out bail till his trial. The costs stem from his administration of FTX, which is accused of permitting illicit transactions and failing to adjust to legal guidelines and laws. The arrest is the most recent blow to the cryptocurrency business, which has confronted elevated scrutiny from regulators in latest months.
