Archegos boss sentenced to prison over massive fraud

It stands among a rare class of cases that truly could be described as a national calamity,

prosecutor Andrew Thomas said at the sentencing hearing before Hellerstein

The amount of losses that were caused by your conduct are larger than any other losses I have dealt with,

Hellerstein said before announcing the sentence

The notion that he would commit a crime in the future, it’s just not so,

James said

Mr Bankman-Fried was literally stealing from his customers,

James said

The establishment of any fund requires the permission of [Capital Market Boards of Türkiye] SPK. It is out of the question for us to take any initiative in this regard,

he said

Their cars were upgrading to the next model. They were buying fields. They were earning money three, five or 10 times their income,

she said

I have no connection with or knowledge of the matter."

Aydogdu was quoted as saying

I do not accept the allegations,

CEO Ates is quoted as saying in the indictment

We have not received any information regarding the prosecutor's investigation reflected in some press and publication outlets today."

Responding to the widely reported details on the indictment, Denizbank said late on Tuesday