Lawyers for FTX’s disgraced former boss, Sam Bankman-Fried (SBF), have reached an agreement with prosecutors allowing him to contact certain FTX employees. Besides certain restrictions, the 30-year-old may contact such parties through a host of new mediums. The New Rules Updated terms surrounding Bankman-Fried’s contact restrictions were sent to Lewis A. Kaplan – a judge for the Southern District of New York – in a letter on Monday. Bankman-Fried’s lawyers said the updated conditions were a response to the government…
Rug Pull
What is a Rug Pull?
A rug pull is a type of scam in the cryptocurrency market where a project's creators suddenly sell all of their tokens, causing the price to plummet and investors to lose money. This can happen when a project's creators hold a large percentage of the cryptocurrency's total supply and then sell off their holdings, often without warning. It can be especially harmful to investors holding large amounts of cryptocurrency, as they may suffer significant losses. Therefore, investors need to do…
Block Education
@BlockEducation
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