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 2023Sam 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 2023In 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 2022If 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 2020Your 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 2020Police 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 2020According 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'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 2020BJP 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 2020Because 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 2020The 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