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FTX Group CEO John J. Ray speaks at a U.S. House Financial Services Committee hearing investigating the collapse of the now-bankrupt crypto exchange FTX after the arrest of FTX founder Sam Bankman-Fried, on Capitol Hill in Washington, December 13, 2022.. Bankman-Fried faces multiple federal conspiracy and fraud charges in the United States, where regulators have also accused him of perpetrating a massive fraud. His lawyers reportedly plan to fight extradition.
about what led to the crypto firm's downfall. "This is really just old fashioned embezzlement. This is just taking money from customers and using it for your own purpose. Not sophisticated at all," he said.Sen. Patrick Leahy, D-Vt., walks to the Senate Democrats lunch in the Capitol on Dec. 13, 2022.It looks that way at the moment. Congressional leaders said Tuesday they hadon the framework of a spending package that will keep the government open.
, the new artificial intelligence chatbot that's captivating social media denizens with its ability to churn out brief, basic essays. But Google is in no rush to put out similar products. The company's executives would rather keep refining what they have under development than risk Google's reputation, according to.
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