Sam Bankman-Fried, the founder of FTX, was convicted Thursday in a New York federal court of stealing billions of dollars from customers. Prosecutors have called it one of the biggest financial frauds in U.S. history. Photo: Amr Alfiky/Reuters
on optimism that U.S. regulators would allow an exchange-traded fund that holds bitcoin. Bitcoin is up more than 25% since the start of October and recently touched an 18-month high.
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