Previous close | 2.0789 |
Open | 2.0789 |
Day's range | 1.9276 - 2.3383 |
52-week range | 0.7763 - 5.9439 |
Start date | 2019-07-31 |
Algorithm | N/A |
Market cap | 634.369M |
Circulating supply | 328.90M |
Max supply | N/A |
Volume | |
Volume (24 hrs) | 69.74M |
Volume (24 hrs) all currencies | 69.74M |
A federal judge has sentenced former FTX CEO Sam Bankman-Fried to 25 years for defrauding the crypto exchange's (FTT-USD) investors and customer base. Bankman-Fried has been ordered to forfeit $11 billion to compensate the victims. CoinDesk Managing Editor Nik De sits down with Yahoo Finance Live in-studio to discuss Bankman-Fried's sentencing, how much time the disgraced FTX co-founder will likely be made to serve in prison, and other details from Thursday's ruling. "From the beginning, it felt like prosecutors were making this... almost a poster child of what they can bring to bear against alleged criminal activity in crypto, at least as far as running exchanges go," De comments. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Luke Carberry Mogan.
Stocks (^DJI, ^IXIC, ^GSPC) could be on their way to close out first-quarter 2024 on a positive note, seeing first-quarter gains across the board for the first time in several years. Thursday is the final trading day for the month of March and the quarter in this shortened trading week. Federal Reserve Governor Chris Waller has stated he is in "no rush" to cut interest rates in 2024 after the past months' inflation data. Former FTX (FTT-USD) CEO Sam Bankman-Fried is set to be sentenced Thursday morning on charges related to defrauding customers of the crypto platform. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.
Prosecutors are reportedly requesting FTX (FTT-USD) Co-founder and former CEO Sam Bankman-Fried receive a sentence of 40 to 50 years in their statements to a federal judge. Bankman-Fried, who also goes by "SBF", was found guilty in November 2023 on seven counts of fraud and conspiracy to defraud investors and customers of his crypto exchange. Yahoo Finance Live breaks the news. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.