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Sam Bankman-Fried's FTX crypto empire “built on lies”: prosecutors

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Sam Bankman-Fried is standing trial accused of bilking billions of dollars from customers of FTX, the now-defunct cryptocurrency exchange platform he founded in 2019.

Bankman-Fried was arrested in the Bahamas in December 2022, and has pleaded not guilty to all charges against him.

Joel Senick explains the case against Bankman-Fried, the implications this could have on the crypto industry and what consumers are being urged to do.

For more info, please go to https://globalnews.ca/news/10001441/sam-bankman-fried-trial-charges-ftx/

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Category
U.S. & Canada
Tags
global news, Sam Bankman-Fried, FTX founder Sam Bankman-Fried
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