2022 closed with a number of developments in the FTX case. Ahead of the start of his trial, at which he’s expected to plead not guilty on fraud charges, former FTX CEO Sam Bankman-Fried denied moving funds linked to the collapsed exchange’s sister firm, Alameda Research. FTX creditors based outside the U.S. asked to have their names withheld during bankruptcy proceedings, and the Bahamas Securities Commission confirmed that it holds $3.5 billion worth of FTX’s assets.
🚀 The private art market has outperformed the S&P 500 by 174% over the past 25 years. Masterworks lets you invest in multi-million dollar artworks by Banksy, Warhol & more from $10k.
💸 Since 2018, Masterworks has generated 29.03% Net Annualized Returns for investors
Earn an on-chain certificate of your Ethereum knowledge by taking Decrypt U’s free course, Getting Started with Ethereum. You’ll learn all about Ethereum’s 1001 uses, and why it’s poised to run the next generation of Web 3 applications—including DeFi, NFTs, and so much more.
