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Under the deal, the 30-year-old ex-billionaire — once touted as a possible future Warren Buffett — will be subjected to electronic monitoring
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The $1.9 billion figure marks the largest daily outflow since at least June, the Nansen data showed, and accounted for the majority of the $2.2 billion in etheruem-based withdrawals during the last seven days
The cryptocurrency exchange had filed for US bankruptcy protection last month, and its founder Sam Bankman-Fried resigned as the chief executive
According to a press release from the attorney general's office, he was to be held in custody before an expected request for his extradition by US
The crypto exchange had filed for bankruptcy last month after a liquidity crisis that saw at least $1 billion of customer funds vanish
The company's willingness to keep investing amid the sector shakeout shows that it senses a long term opportunity
Bankman-Fried said that he took responsibility for its collapse, and that he had failed to grasp the amount of risk FTX and Alameda were taking on
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Securities regulators had revoked their license and began involuntary liquidation proceedings the day before the bankruptcy case kicked off