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Day of Reckoning for FTX Founder Sam Bankman-Fried

It was a day of reckoning for FTX founder Sam Bankman-Fried. He’s charged with eight felony counts, together with conspiracy and wire fraud, for allegedly misusing billions of {dollars} in prospects’ funds earlier than the spectacular collapse of his cryptocurrency empire. The disgraced former tech star was imagined to be at a congressional listening to, however as a substitute was arrested within the Bahamas.

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