On Tuesday, Sam Bankman-Fried made a courtroom appearance to enter a plea of not guilty in response to the most recent indictment brought against him.
Bitcoin prices took an abrupt nosedive on Thursday evening following news of massive sell-offs in the hundreds of millions, sparking a widespread downturn in both futures and spot markets.
The problem, known as 'Milk Sad,' came to light in late July thanks to the findings of cybersecurity company Distrust.
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