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'Next Warren Buffett', 'Crypto King' Sam Bankman Faces 110 Years In Jail | Mint Explains

Sam Bankman-Fried has been found guilty on all seven counts related to fraud and money laundering. He is the co-founder and former CEO of crypto exchange FTX, once the world’s second-largest crypto exchange, and trading firm Alameda Research. In this video, Abhishek Singh, Deputy Editor, Mint explains the quick rise of Sam Bankman, co-founder of crypto exchange, FTX to become the richest self-made newcomer in Forbes 400 history, and his quicker fall from grace.

7 Nov 2023
Videos

'Next Warren Buffett', 'Crypto King' Sam Bankman Faces 110 Years In Jail | Mint Explains

Sam Bankman-Fried has been found guilty on all seven counts related to fraud and money laundering. He is the co-founder and former CEO of crypto exchange FTX, once the world’s second-largest crypto exchange, and trading firm Alameda Research. In this video, Abhishek Singh, Deputy Editor, Mint explains the quick rise of Sam Bankman, co-founder of crypto exchange, FTX to become the richest self-made newcomer in Forbes 400 history, and his quicker fall from grace.

7 Nov 2023
News

Bankrupt FTX hit by mysterious outflow of about $662 million

In the latest twist, bankrupt digital-asset exchange FTX was hit by a mysterious outflow of about $662 million in tokens in the past 24 hours

2 min read12 Nov 2022
Money

Axis launches Liberty Savings Account aimed at millennials; all you need to know

If you are a young professional who feels the need to have an insurance cover in place while also having a bank account that provides incentives for lifestyle spending, then the Axis Liberty Savings Account might be right for you.

3 min read26 Aug 2020
Money

How to earn more interest from your savings bank accounts

Your savings account can fetch a higher interest rate on the idle money lying in your account through 'sweep-out' and 'sweep-in' facility.

2 min read26 Jul 2020
News

Former CEO of Bengaluru-based co-operative bank found dead; cops suspect suicide

Police suspect that Vasudeva Maiya, who was found dead in his car on Monday night, may have committed suicide by consuming poisonGuru Raghavendra Sahakara Bank has been under RBI lens since January 2020 owing to alleged misappropriation of deposits to the tune of ₹1,400 cr

1 min read7 Jul 2020
News

Ex-CEO of crisis-hit Guru Raghavendra Sahakara Bank in Karnataka booked

According to police, the case has been registered based on a complaint by the present CEO officer A. Santhosh Kumar against his predecessor Manur Vasudava MaiyaThe bank is in the middle of a crisis following huge non-performing assets and RBI imposed restrictions from collecting deposits

1 min read10 Feb 2020
News

If RBI willing, Bengaluru bank ready to return every penny immediately

'If tomorrow itself the RBI revokes restrictions, we are ready to return full deposits to customers,' said Sri Guru Raghavendra Sahakara Bank chairman K. RamakrishnaHundreds of Sri Guru Raghavendra Sahakara Bank depositors on Tuesday showed up to withdraw the ₹35,000 allowed by the RBI

3 min read14 Jan 2020
Industry

After RBI's order on Bengaluru bank, BJP MP Tejasvi Surya tweets 'no panic'

BJP MP Tejasvi Surya has sought to calm down panicked depositors of the Bengaluru co-operative bankOn 10th January, RBI had imposed certain restrictions on Sri Gururaghavendra Sahakara Bank

1 min read14 Jan 2020
News

Bengaluru bank blames 62 dud loans for crisis, chairman says money '100% safe'

Because of these dud loans, RBI had restricted Sri Guru Raghavendra Sahakara Bank from executing business, chairman Ramakrishna said amid shouting by depositorsTo assuage customers, the call to an assistant commissioner of police by Bengaluru South MP Tejaswi Surya was relayed on loudspeaker live

2 min read14 Jan 2020
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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