3min chapter

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Another Bad Week for Sam Bankman-Fried in His Criminal Trial - Ep. 558

Unchained

CHAPTER

Developments in FTX's Bankruptcy Case and Changes in Terms of Service

This chapter discusses the recent developments in the bankruptcy case of FTX, including a 15% reduction in claim value for customers who withdrew over $250,000. It also highlights the potential greater percentage loss for FTX dot com customers and discusses the impact of FTX staking $122 million of Solana tokens and changes in terms of service for American users. Additionally, it mentions that Binance has temporarily halted accepting new customers in the United Kingdom due to compliance issues.

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