What just happened? Investors taken to the cleaners by Sam Bankman-Fried's FTX exchange will probably be pleased to hear that the man who admittedly made a lot of "mistakes" that cost them their money is in police custody today on fraud and money laundering charges. He was arrested last night in his Bahamian headquarters at the request of US officials.
What just happened? Remember all the outcry when Larry David appeared in a Super Bowl commercial for now-collapsed crypto exchange FTX? The comedian probably wishes he'd never took part in the ad, too, given that he's one of several celebrities named in a lawsuit against the platform's former CEO Sam Bankman-Fried.