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604 Crypto’s New Beginning; Seed Valuations Rise 25% From 2021

The Information
Kate Clark @ The Information · 03/28/2024 18:04 EDT

Fallen crypto mogul Sam Bankman-Fried was sentenced to 25 years by a federal judge after he was found guilty of seven counts of criminal fraud. Facing a possible 110 years, he got off easy; the crypto industry, however, did not. The yearslong saga tarnished crypto’s reputation among institutional investors and sparked an exodus of capital. Lately, however, investors and founders have become more hopeful regarding crypto. The price of bitcoin has steadily climbed this year. Bankman-Fried is headed to prison,

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