founded attacked the onetime crypto power player on Wednesday in a letter to a federal judge scheduled to sentence him next week, saying his claim that customers, lenders and investors were not harmed was callously false and he was living a “life of delusion.”
He said some of what was lost was recovered by a team of professionals working tens of thousands of hours “digging through the rubble of Mr. Bankman-Fried’s sprawling criminal enterprise to unearth every possible dollar, token or other asset that was spent on luxury homes, private jets, overpriced speculative ventures, and otherwise lost to the four winds.”At the trial, prosecutors told the jury that Bankman-Fried had stolen more than $10 billion of money from customers, lenders and investors.
The victims also will not get back money that can't be recovered, like $150 million in bribes that prosecutors say were paid to Chinese government officials or nearly 100,000 bitcoins listed on customer statements even though only 105 bitcoins were left on the FTX.com exchange, he said. OTTAWA — The Bank of Canada expects it will be able to cut interest rates sometime this year, but officials are split on timing. That's according to the central bank's summary of deliberations which details the discussions governing council members had ahead of the March 6 interest rate announcement. The summary says governing council members agreed rate cuts can begin this year if the economy and inflation evolve in line with the Bank of Canada's projections.