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Sam Bankman-Fried, founder of FTX, a failed cryptocurrency exchange, faces trial in New York. Crime in Britain declines, except for rising shoplifting. A sports-media entrepreneur becomes a pizza-review star.
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Quick takeaways
- The founder of FTX, Sam Bankman-Fried, is facing criminal charges for fraud and money laundering after the collapse of the cryptocurrency exchange, FTX.
- Despite a decline in overall crime rates in Britain, shoplifting incidents have been on the rise, primarily driven by repeat offenders with substance abuse issues and involvement of organized criminal groups, leading to concerns among shopkeepers and innovative approaches by police forces to tackle the problem.
Deep dives
FTX Cryptocurrency Exchange Faces Bankruptcy
The cryptocurrency exchange FTX, founded by Sam Bankman-Fried, is facing bankruptcy after billions of dollars went missing from the exchange. Bankman-Fried is now facing criminal charges, including fraud and money laundering. The collapse of FTX is being called one of the biggest financial frauds in American history.
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Listen to the best highlights from the podcasts you love and dive into the full episode