Sam Bankman-Fried pleaded not guilty in New York federal court Thursday to five additional charges related to the collapse of FTX and Alameda Research.
Payment processor Stripe raised $6.5 billion, largely to provide liquidity to current and former employees, but at a sharply discounted $50 billion valuation.
CEO Brian Armstrong pointed to more pressure on the crypto sector thanks to “unscrupulous actors in the industry.”
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