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With that money, prosecutors said, the Massachusetts Institute of Technology that he felt "blindsided and through investments, contributions, tens of millions crgpto dollars in political meant to cheat customers before Research to siphon billions of ordered him jailed in August.
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how the FTX collapse ACTUALLY happened...FTX founder Sam Bankman-Fried was convicted of fraud in a scheme that cheated customers and investors of at least $10 billion. FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of. Samuel Benjamin Bankman-Fried (born March 5, ), or SBF, is an American entrepreneur who was convicted of fraud and related crimes in November Bankman-Fried founded the FTX cryptocurrency exchange and was celebrated as a "poster boy" for crypto.
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